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Fidelity® Strategic Income Fund (FSICX)

10.61
Net Asset Value
+0.09%
1 Day
-0.75%
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-0.20% 3 years+3.28%
3 months-1.58% 5 years+4.90%
1 year-0.35% Since inception+6.76%
Data through --

Peer Comparisonvs. Multisector bond

 FSICXCategory
Performance 5-yr return+4.90%+5.74%
Expense ratio0.69%1.12%
Risk 5 year sharpe ratio1.221.27
Net assets$8.3B$2.5B
Average market cap$101.9B$37.7B
Average P/E28.117.1
Portfolio turnover118%118%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureMark Notkin / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income90.60%
Cash8.16%
International stock0.75%
Other0.50%
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
-- 9.85%
-- 3.56%
-- 1.65%
-- 1.19%
-- 1.18%
-- 1.07%
-- 1.01%
-- 1.01%
-- 0.94%
-- 0.88%