Fidelity Advisor Strategic Income Fund

Scorecard
3 / 5 Stars
Lipper
4 4 2 3 3
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
D- (Sell)

#24 in Multisector Bond

U.S. News evaluated 79 Multisector Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 7.88 percent over the past year, 7.42 percent over the past three years, 8.26 percent over the past five years, and 7.78 percent over the past decade.

Trailing Returns Updated 04.30.2013
Year to date 2.0%
1 Year 7.9%
3 Years (Annualized) 7.4%
5 Years (Annualized) 8.3%
10 Years (Annualized) 7.8%

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Summary

The investment seeks a high level of current income; it may also seek capital appreciation. The fund invests primarily in debt securities, including lower-quality debt securities. It allocates its assets among four general investment categories: high yield securities, U.S. government and investment-grade securities, emerging market securities, and foreign developed market securities. The fund uses a neutral mix of approximately 40% high yield, 30% U.S. government and investment-grade, 15% emerging markets, and 15% foreign developed markets.

Fees

Fees are Below Average compared to funds in the same category.
Fidelity Advisor Strategic Income Fund has an expense ratio of 0.98 percent.

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Risk

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

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