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)

11.16
Net Asset Value
+0.09%
1 Day
+4.69%
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+0.79% 3 years+4.28%
3 months+2.30% 5 years+4.02%
1 year+5.95% Since inception+6.64%
Data through --

Peer Comparisonvs. Multisector bond

 FSICXCategory
Performance 5-yr return+4.02%+4.18%
Expense ratio0.70%1.08%
Risk 5 year sharpe ratio1.001.01
Net assets$8.5B$2.4B
Average market cap$21.7B$29.0B
Average P/E20.719.2
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 income88.89%
Cash5.42%
U.S. stock3.91%
International stock0.94%
Other0.84%
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
-- 1.89%
-- 1.67%
-- 1.45%
-- 1.39%
-- 1.09%
-- 1.00%
-- 0.91%
-- 0.89%
-- 0.74%
-- 0.74%