Fidelity Advisor Mortgage Securities' benefits from a well-resourced, risk-conscious approach. Under Morningstar’s enhanced ratings methodology, its cheapest share class earns a Morningstar Analyst Rating of Silver, while its pricier share classes range from Bronze to Neutral.
Fidelity Advisor® Mortgage Securities M FMSAX
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FMSAX outperform in 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 FMSAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FMSAX 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 FMSAX’s parent organization’s priorities and whether they’re in line with investors’ interests.