Fidelity Advisor Strategic Income earns a Morningstar Analyst Rating of Gold on its cheapest share class, while its more expensive share classes earn Silver to Neutral ratings. The strategy’s well-defined and repeatable process, experienced leadership, and deep resources continue to instill confidence in its prospects.
Fidelity Advisor® Strategic Income A FSTAX
NAV / 1-Day Return
12.37
/
0.32
%
Total Assets
17.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.970%
Expense Ratio
0.970%
Fee Level
Below Average
Longest Manager Tenure
22.72
years
Category
Multisector Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
0
Status
Open
TTM Yield
2.39%
Effective Duration
4.51
years
Premium
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 FSTAX 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 FSTAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of FSTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A thoughtful multisector offering.
