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Fidelity Strategic Income Fund (FADMX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3158074613

CUSIP

315807461

Issuer

Fidelity

Inception Date

Oct 31, 1994

Min. Investment

$0

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FADMX vs. FFRHX FADMX vs. DGRO FADMX vs. SCHI FADMX vs. FBND FADMX vs. LCCMX FADMX vs. ASIEX FADMX vs. DODIX FADMX vs. SPY FADMX vs. SHYG FADMX vs. SCHD
Popular comparisons:
FADMX vs. FFRHX FADMX vs. DGRO FADMX vs. SCHI FADMX vs. FBND FADMX vs. LCCMX FADMX vs. ASIEX FADMX vs. DODIX FADMX vs. SPY FADMX vs. SHYG FADMX vs. SCHD

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Strategic Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.56%
11.49%
FADMX (Fidelity Strategic Income Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity Strategic Income Fund had a return of 6.62% year-to-date (YTD) and 11.38% in the last 12 months.


FADMX

YTD

6.62%

1M

0.01%

6M

4.57%

1Y

11.38%

5Y (annualized)

2.45%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

The table below presents the monthly returns of FADMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.45%0.16%1.06%-1.30%1.61%0.53%2.04%0.86%1.83%-1.09%6.62%
20233.74%-1.73%1.52%0.36%-0.56%0.88%0.99%-0.37%-2.17%-0.84%4.31%3.25%9.54%
2022-1.92%-1.59%-1.33%-3.66%0.16%-4.08%3.45%-1.53%-4.27%0.70%3.41%-1.11%-11.47%
2021-0.09%0.11%-0.24%1.18%0.38%1.07%0.68%0.52%-0.64%0.29%-0.49%-0.79%1.96%
20200.86%-1.01%-8.42%3.58%3.39%1.04%3.01%0.84%-0.52%-0.35%3.81%0.47%6.23%
20193.39%0.86%0.90%0.84%-0.10%2.02%0.46%0.38%-0.03%0.37%0.20%0.42%10.09%
2018-1.13%-0.05%-0.22%0.62%0.04%0.20%-1.68%-0.29%-0.64%-3.12%

Expense Ratio

FADMX features an expense ratio of 0.66%, falling within the medium range.


Expense ratio chart for FADMX: current value at 0.66% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.66%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FADMX is 83, placing it in the top 17% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of FADMX is 8383
Combined Rank
The Sharpe Ratio Rank of FADMX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FADMX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of FADMX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of FADMX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of FADMX is 8787
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Strategic Income Fund (FADMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FADMX, currently valued at 2.90, compared to the broader market-1.000.001.002.003.004.005.002.902.46
The chart of Sortino ratio for FADMX, currently valued at 4.63, compared to the broader market0.005.0010.004.633.31
The chart of Omega ratio for FADMX, currently valued at 1.59, compared to the broader market1.002.003.004.001.591.46
The chart of Calmar ratio for FADMX, currently valued at 1.30, compared to the broader market0.005.0010.0015.0020.0025.001.303.55
The chart of Martin ratio for FADMX, currently valued at 17.03, compared to the broader market0.0020.0040.0060.0080.00100.0017.0315.76
FADMX
^GSPC

The current Fidelity Strategic Income Fund Sharpe ratio is 2.90. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Strategic Income Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
2.90
2.46
FADMX (Fidelity Strategic Income Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Strategic Income Fund provided a 4.33% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The fund has been increasing its distributions for 2 consecutive years.


3.00%3.50%4.00%$0.00$0.10$0.20$0.30$0.40$0.50201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$0.51$0.49$0.40$0.35$0.43$0.43$0.31

Dividend yield

4.33%4.32%3.67%2.75%3.33%3.46%2.61%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Strategic Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.00$0.40
2023$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.07$0.49
2022$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.07$0.40
2021$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.05$0.35
2020$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.02$0.15$0.43
2019$0.04$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.10$0.43
2018$0.03$0.03$0.04$0.04$0.03$0.04$0.04$0.06$0.31

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.92%
-1.40%
FADMX (Fidelity Strategic Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Strategic Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Strategic Income Fund was 16.68%, occurring on Oct 21, 2022. Recovery took 462 trading sessions.

The current Fidelity Strategic Income Fund drawdown is 0.92%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-16.68%Nov 10, 2021241Oct 21, 2022462Aug 16, 2024703
-15.84%Feb 24, 202021Mar 23, 202090Jul 30, 2020111
-3.98%Apr 18, 2018174Dec 24, 201825Jan 31, 2019199
-1.91%Feb 12, 202124Mar 18, 202134May 6, 202158
-1.81%Sep 3, 202015Sep 24, 202030Nov 5, 202045

Volatility

Volatility Chart

The current Fidelity Strategic Income Fund volatility is 0.89%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.89%
4.07%
FADMX (Fidelity Strategic Income Fund)
Benchmark (^GSPC)