Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity® Strategic Income Fund (FSICX)

10.99
Net Asset Value
+0.09%
1 Day
+3.10%
Year-to-Date
Overall Morningstar Rating
Multisector bond
Style or Category
No Load
Sales Expenses
0.70%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income; capital appreciation is a secondary consideration. The fund invests primarily in debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). It allocates the fund's assets among four general investment categories: high yield securities, U.S. government and investment-grade securities, emerging market securities, and foreign developed market securities.

Performance

1 month+1.01% 3 years+3.50%
3 months+1.93% 5 years+4.58%
1 year+8.27% Since inception+6.58%
Data through --

Peer Comparisonvs. Multisector bond

 FSICXCategory
Performance 5-yr return+4.58%+4.07%
Expense ratio0.70%1.10%
Risk 5 year sharpe ratio0.971.03
Net assets$8.0B$2.3B
Average market cap--$17.8B
Average P/E--21.1
Portfolio turnover79%79%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Notkin / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income92.09%
Cash7.78%
International stock0.13%
U.S. stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 74.47%
Business service 16.23%
Media 4.51%
Hardware 4.40%
Utilities 0.25%
Top 10 Holdings
Portfolio weighting
-- 3.42%
-- 3.07%
-- 2.07%
-- 1.79%
-- 1.51%
-- 1.50%
-- 1.35%
-- 1.32%
-- 1.28%
-- 1.26%