Fidelity® Strategic Income Fund (FSICX)

10.88
Net Asset Value
-0.18%
1 Day
-1.54%
Year-to-Date
Overall Morningstar Rating
Multisector bond
Style or Category
No Load
Sales Expenses
0.69%
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+0.08% 3 years+3.76%
3 months-1.10% 5 years+3.40%
1 year+4.32% Since inception+6.48%
Data through --

Peer Comparisonvs. Multisector bond

 FSICXCategory
Performance 5-yr return+3.40%+2.93%
Expense ratio0.69%1.08%
Risk 5 year sharpe ratio0.820.74
Net assets$8.7B$2.6B
Average market cap$1.7B$39.5B
Average P/E--23.5
Portfolio turnover124%124%

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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 income96.66%
Cash3.25%
International stock0.05%
Other0.05%
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
-- 39.69%
-- 9.46%
-- 2.53%
-- 2.02%
-- 1.25%
-- 1.07%
-- 0.98%
-- 0.90%
-- 0.89%
-- 0.82%