Morningstar

Fidelity Advisor Total Bond Fund - Class I FEPIX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.49  /  +0.11 %
  • Total Assets 42.7B
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.31%
  • Effective Duration 5.95 years

USD | NAV as of Jul 10, 2026 | 1-Day Return as of Jul 10, 2026, 4:50 AM GMT+0

Morningstar’s Analysis FEPIX

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

  • People Pillar

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

A top-flight, all-weather core-plus option.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

Exemplary team planning has helped to secure Fidelity Total Bond’s place among the top intermediate core-plus bond strategies.

by Max Curtin
Rated on Published on

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Portfolio Holdings FEPIX

More FEPIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 0.03625%

2.70 1B
Government

Fidelity Cash Central Fund

2.57 1B
Cash and Equivalents

United States Treasury Notes 0.0425%

2.09 885M
Government

United States Treasury Notes 0.03375%

1.86 789M
Government

United States Treasury Bonds 0.045%

1.65 698M
Government

Cash

1.52 642M
Cash and Equivalents

United States Treasury Notes 0.0425%

1.51 637M
Government

United States Treasury Notes 0.04%

1.42 599M
Government

United States Treasury Notes 0.03625%

1.38 586M
Government

United States Treasury Notes 0.04%

1.24 525M
Government

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