Morningstar

Fidelity Advisor Corporate Bond Fund - Class I FCBIX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.54  /  −0.09 %
  • Total Assets 2.0B
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.22%
  • Effective Duration 6.54 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 4:51 AM GMT+0

Morningstar’s Analysis FCBIX

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

  • People Pillar

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

Reasons for optimism.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

The established fundamental credit research capabilities backing Fidelity Corporate Bond, which includes a mutual fund and exchange-traded fund, inspire confidence, but the strategy still has more to prove.

by Max Curtin
Rated on Published on

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Portfolio Holdings FCBIX

More FCBIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

2.07 42M
Cash and Equivalents

United States Treasury Bonds 4.75%

1.96 40M
Government

Peachtree Corners Funding Trust 6.012%

0.65 13M
Corporate

Bayer US Finance LLC 6.875%

0.61 12M
Corporate

Morgan Stanley 5.32%

0.60 12M
Corporate

JPMorgan Chase & Co. 5.717%

0.60 12M
Corporate

Wells Fargo & Co. 5.499%

0.58 12M
Corporate

Hudson Pacific Properties LP 5.95%

0.53 11M
Corporate

Ares Capital Corp. 2.15%

0.53 11M
Cash and Equivalents

Omega Healthcare Investors, Inc. 3.375%

0.52 11M
Corporate

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