Fidelity Advisor Strategic Income earns a Morningstar Analyst Rating of Silver across most share classes, and Neutral for its most expensive class. The strategy’s well-defined and repeatable process, experienced leadership, and deep resources, coupled with appealing fees for most share classes, continue to instill confidence in its prospects.
Will FSTAX 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 FSTAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FSTAX 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 FSTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.