Morningstar

Fidelity Strategic Income Fund FADMX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 11.83  /  +0.08 %
  • Total Assets 15.5B
  • Adj. Expense Ratio
    0.640%
  • Expense Ratio 0.640%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.46%
  • Effective Duration 4.04 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FADMX

Will FADMX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FADMX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FADMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FADMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A winning playbook.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

Exemplary team planning keeps Fidelity Strategic Income positioned among the best multisector-bond strategies.

by Max Curtin
Rated on Published on

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Portfolio Holdings FADMX

More FADMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

High Yield Debt Sub-Portfolio Positions

43.15 7B
—

Fidelity Floating Rate Central Fund

6.57 1B
Corporate

Cash

5.53 884M
Cash and Equivalents

United States Treasury Notes 0.035%

4.73 757M
Government

Us 10y Nte Fut (Cbt)sep26 Tyu6

3.78 605M
Government

Ultra US Treasury Bond Future Sept 26

3.53 565M
Government

United States Treasury Notes 0.035%

2.85 455M
Government

United States Treasury Notes 0.01125%

1.72 275M
Government

Fidelity Cash Central Fund

1.65 263M
Cash and Equivalents

United States Treasury Notes 0.04%

1.38 220M
Government

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