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Fidelity® Strategic Income Fund (FSICX)

11.13
Net Asset Value
+0.09%
1 Day
+4.41%
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-0.12% 3 years+4.46%
3 months+0.93% 5 years+3.99%
1 year+8.70% Since inception+6.60%
Data through --

Peer Comparisonvs. Multisector bond

 FSICXCategory
Performance 5-yr return+3.99%+3.59%
Expense ratio0.70%1.08%
Risk 5 year sharpe ratio0.940.93
Net assets$8.5B$2.5B
Average market cap$1.7B$30.0B
Average P/E--17.8
Portfolio turnover79%79%

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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 income94.68%
Cash5.15%
Other0.10%
International stock0.06%
U.S. stock0.00%
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
-- 39.94%
-- 6.16%
-- 1.39%
-- 1.30%
-- 1.06%
-- 0.94%
-- 0.92%
-- 0.89%
-- 0.87%
-- 0.78%