Fidelity® Strategic Income Fund (FSICX)

10.67
Net Asset Value
-0.19%
1 Day
-0.19%
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-0.89% 3 years+4.09%
3 months+0.08% 5 years+5.54%
1 year-0.36% Since inception+6.87%
Data through --

Peer Comparisonvs. Multisector bond

 FSICXCategory
Performance 5-yr return+5.54%+6.07%
Expense ratio0.69%1.12%
Risk 5 year sharpe ratio1.351.39
Net assets$8.4B$2.5B
Average market cap$95.0B$34.0B
Average P/E28.717.3
Portfolio turnover118%118%

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 / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

Fixed income91.14%
Cash8.08%
International stock0.74%
Other0.04%
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
-- 9.83%
-- 1.72%
-- 1.27%
-- 1.27%
-- 1.20%
-- 1.18%
-- 1.17%
-- 1.09%
-- 1.03%
-- 0.96%

To view my watchlist

Not a member yet?

Sign up now for a free account

Partner Financial Offers