Fidelity Advisor Mortgage Securities Fund

Scorecard
1 / 5 Stars
Lipper
3 3 5 3 4
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

U.S. News evaluated 322 Intermediate-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all Fidelity Investments funds

See full Intermediate-Term Bond rankings

See more fund rankings

Performance

The fund has returned 0.68 percent over the past year, 3.87 percent over the past three years, 5.36 percent over the past five years, and 3.70 percent over the past decade.

Trailing Returns Updated 05.31.2013
Year to date -1.0%
1 Year 0.7%
3 Years (Annualized) 3.9%
5 Years (Annualized) 5.4%
10 Years (Annualized) 3.7%

See more FMSAX performance

Summary

The investment seeks a high level of current income, consistent with prudent investment risk. The fund normally invests at least 80% of assets in investment-grade mortgage-related securities (those of medium and high quality) and repurchase agreements for those securities. It invests in U.S. government securities and instruments related to U.S. government securities. The fund invests in U.S. government securities issued by entities that are chartered or sponsored by Congress but whose securities are neither issued nor guaranteed by the U.S. Treasury. It invests in Fidelity's central funds.

Fees

Fees are High compared to funds in the same category.
Fidelity Advisor Mortgage Securities Fund has an expense ratio of 0.78 percent.

See more FMSAX fees

Risk

Risk is Low compared to funds in the same category according to Morningstar.

See more FMSAX risk

Advertisement
Intermediate-Term Bonds
Rankings

See More Funds

Highest Returns (10-year)

See More Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.