Fidelity Advisor Ultra Short Bond Fund

2 / 5 Stars
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
D+ (Sell)

U.S. News evaluated 55 Ultrashort 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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The fund has returned 0.22 percent over the past year, 0.40 percent over the past three years, 0.71 percent over the past five years, and -0.27 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 0.0%
1 Year 0.2%
3 Years (Annualized) 0.4%
5 Years (Annualized) 0.7%
10 Years (Annualized) -0.3%

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The investment seeks to obtain a high level of current income consistent with preservation of capital. The fund normally invests at least 80% of assets in investment-grade debt securities of all types, and repurchase agreements for those securities. It normally invests in U.S. dollar-denominated money market and investment-grade debt securities and repurchase agreements. The fund normally maintains a dollar-weighted average maturity of two years or less and allocates asset across different market sectors and maturities. It invests more than 25% of total assets in the financial services industries.


Fees are Low compared to funds in the same category.
Fidelity Advisor Ultra Short Bond Fund has an expense ratio of 0.65 percent.

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

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