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)

11.09
Net Asset Value
+0.09%
1 Day
+4.03%
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+1.15% 3 years+3.58%
3 months+2.70% 5 years+4.30%
1 year+6.63% Since inception+6.58%
Data through --

Peer Comparisonvs. Multisector bond

 FSICXCategory
Performance 5-yr return+4.30%+4.18%
Expense ratio0.70%1.10%
Risk 5 year sharpe ratio1.031.06
Net assets$8.2B$2.4B
Average market cap$1.5B$29.4B
Average P/E--16.9
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 income94.50%
Cash5.29%
International stock0.11%
Other0.09%
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
-- 3.65%
-- 2.70%
-- 2.62%
-- 1.93%
-- 1.89%
-- 1.77%
-- 1.70%
-- 1.45%
-- 1.45%
-- 1.40%