Morningstar

Fidelity Advisor Tactical Bond Fund - Class I FBAHX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 8.77  /  −0.23 %
  • Total Assets 44.4M
  • Adj. Expense Ratio
    0.710%
  • Expense Ratio 0.700%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.66%
  • Effective Duration 6.38 years

USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 9:26 PM GMT+0

Morningstar’s Analysis FBAHX

Will FBAHX 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 FBAHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FBAHX 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 FBAHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Fidelity Advisor Tactical Bond I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FBAHX

More FBAHX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 48.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.04375%

12.31 5M
Government

United States Treasury Bonds 0.04125%

10.81 5M
Government

United States Treasury Notes 0.04%

9.22 4M
Government

Cash

8.20 4M
Cash and Equivalents

United States Treasury Notes 0.0425%

3.88 2M
Government

Fidelity Cash Central Fund

3.66 2M
Cash and Equivalents

United States Treasury Notes 0.03875%

3.55 2M
Government

United States Treasury Bonds 0.0425%

2.73 1M
Government

Dominos Pizza Inc. 0.03151%

1.90 837,531
Securitized

Petroleos Mexicanos Sa De CV 0.0769%

1.36 597,025
Corporate

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