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Morningstar

Fidelity Advisor® Managed Retrmt Inc A FRAMX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 52.14  /  0.31 %
  • Total Assets 15.4 Mil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Target-Date Retirement
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Status Closed
  • TTM Yield 3.50%
  • Turnover 64%

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 PM GMT+0

Morningstar’s Analysis FRAMX

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

People Pillar

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

A decline in its Process Pillar rating is the primary driver of Fidelity Advisor ® Managed Retrmt Inc A's downgrade to a Morningstar Medalist Rating of Neutral from Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FRAMX

More FRAMX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 0
  • Other Holdings 34
  • % Assets in Top 10 Holdings 80.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity® Srs 0-5 Yr Inf-Ptctd Bd Idx

19.89
3,257,958
—

Fidelity® Series Investment Grade Bond

12.24
2,005,680
—

Fidelity® Series Government Bd Idx

11.96
1,958,606
—

Fidelity® Series Invest Grd Securtzd

8.32
1,362,656
—

Fidelity® Series Corporate Bond

8.26
1,352,603
—

Fidelity® Series Treasury Bill Index

6.47
1,060,055
—

Fidelity® Series Emerging Markets Opps

4.15
679,191
—

Fidelity® Series Intl Dev Mkts Bd Idx

3.89
637,572
—

Fidelity® Series Long-Term Trs Bd Idx

3.72
608,506
—

Fidelity® Series Government Money Mkt

2.25
369,093
Cash and Equivalents