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.
Will FMSAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
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.
The Parent Pillar is our rating of FMSAX’s parent organization’s priorities and whether they’re in line with investors’ interests.