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Fidelity Advisor® Strategic Income A FSTAX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
12.71  /  0.01 %
Total Assets
16.1 Bil
Adj. Expense Ratio
0.970%
Expense Ratio
0.970%
Fee Level
Below Average
Longest Manager Tenure
22.15 years
Category
Multisector Bond
Credit Quality / Interest Rate Sensitivity
Low / Moderate
Min. Initial Investment
0
Status
Open
TTM Yield
3.08%
Effective Duration
4.49 years

USD | NAV as of Jun 22, 2021 | 1-Day Return as of Jun 22, 2021, 9:23 PM GMT+00:00

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Morningstar’s Analysis

Will FSTAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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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

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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

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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.

Associate Director

Summary

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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.

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