- ISIN
- US3161465626
- Issuer
- Fidelity
- Inception Date
- May 4, 2010
- Category
- Corporate Bonds
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
FCCCX Performance Chart
Fidelity Advisor Corporate Bond Fund Class C (FCCCX) is down 1.4% since the beginning of the year. FCCCX is currently trading at $10 per share. Investors who bought $1,000 worth of FCCCX shares 5 years ago would now be looking at an investment worth $925.
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Returns By Period
Fidelity Advisor Corporate Bond Fund Class C (FCCCX) has returned -1.42% so far this year and 0.62% over the past 12 months. Over the last ten years, FCCCX has returned 1.25% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Fidelity Advisor Corporate Bond Fund Class C
- 1D
- 0.19%
- 1M
- -1.60%
- 6M
- -1.68%
- YTD
- -1.42%
- 1Y
- 0.62%
- 3Y*
- 3.47%
- 5Y*
- -1.55%
- 10Y*
- 1.25%
- ALL TIME*
- 2.69%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FCCCX Monthly Returns History
Based on dividend-adjusted daily data since May 5, 2010, FCCCX's average daily return is +0.01%, while the average monthly return is +0.24%. At this rate, an investment would double in approximately 24.1 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2023 with a return of +5.9%, while the worst month was Mar 2020 at -7.7%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 9 months.
On a daily basis, FCCCX closed higher 47% of trading days. The best single day was Nov 10, 2022 with a return of +2.2%, while the worst single day was Mar 18, 2020 at -3.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.27% | 1.15% | -2.12% | 0.46% | 0.57% | 0.08% | -1.79% | -1.42% | |||||
| 2025 | 0.55% | 2.05% | -0.49% | -0.13% | -0.11% | 1.88% | -0.02% | 0.93% | 1.37% | 0.35% | 0.53% | -0.45% | 6.61% |
| 2024 | 0.13% | -1.50% | 1.11% | -2.55% | 1.93% | 0.39% | 2.38% | 1.48% | 1.54% | -2.53% | 1.28% | -2.00% | 1.49% |
| 2023 | 4.40% | -3.06% | 2.01% | 0.71% | -1.31% | 0.31% | 0.43% | -0.84% | -2.93% | -2.34% | 5.88% | 4.36% | 7.37% |
| 2022 | -3.26% | -2.14% | -2.76% | -5.47% | 0.45% | -3.24% | 2.97% | -2.99% | -5.48% | -1.10% | 4.75% | -0.63% | -17.79% |
| 2021 | -1.31% | -1.95% | -1.86% | 1.01% | 0.53% | 1.55% | 1.38% | -0.35% | -1.14% | -0.03% | -0.13% | -0.13% | -2.47% |
Benchmark Metrics
Fidelity Advisor Corporate Bond Fund Class C has an annualized alpha of 2.92%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since May 05, 2010.
- This fund participated in 23.02% of S&P 500 Index downside but only 18.07% of its upside - more exposed to losses than it benefited from rallies.
- Beta of -0.01 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.92%
- Beta
- -0.01
- R²
- 0.00
- Upside Capture
- 18.07%
- Downside Capture
- 23.02%
Expense Ratio
FCCCX has a high expense ratio of 1.54%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FCCCX ranks 9 for risk / return — above 9% of mutual funds peers on PortfoliosLab. Its historical combined result is below most peers; review the five component ranks for context.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Corporate Bond Fund Class C (FCCCX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCCCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.25 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 2.00 | -1.49 |
| Martin ratioReturn relative to average drawdown | 1.30 | 8.49 | -7.19 |
Dividends
Dividend History
Fidelity Advisor Corporate Bond Fund Class C provided a 2.97% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.33 | $0.27 | $0.26 | $0.17 | $0.24 | $0.30 | $0.27 | $0.28 | $0.24 | $0.27 | $0.21 |
Dividend yield | 2.97% | 3.06% | 2.64% | 2.47% | 1.65% | 1.92% | 2.34% | 2.22% | 2.52% | 2.10% | 2.36% | 1.96% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Corporate Bond Fund Class C. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.17 | |||||
| 2025 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2024 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.00 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.27 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.02 | $0.03 | $0.26 |
| 2022 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.02 | $0.02 | $0.03 | $0.17 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.08 | $0.01 | $0.04 | $0.24 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Corporate Bond Fund Class C. 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 Advisor Corporate Bond Fund Class C was 24.33%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Fidelity Advisor Corporate Bond Fund Class C drawdown is 8.18%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-24.33%Oct 2022 | 1y 9mo | — | 5y 7moJan 2021 - now | Bear market2022 |
-15.27%Mar 2020 | 11d | 3mo 14d | 3mo 25dMar 2020 - Jul 2020 | COVID crash2020 |
-7.29%Sep 2013 | 4mo 5d | 8mo 3d | 1y 3dMay 2013 - May 2014 | — |
-6.43%Feb 2016 | 1y 14d | 3mo 23d | 1y 4moFeb 2015 - Jun 2016 | — |
-4.81%Nov 2018 | 11mo | 3mo 22d | 1y 2moJan 2018 - Mar 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| FCCCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.33% | -56.78% | +32.45% |
Max Drawdown (1Y)Largest decline over 1 year | -3.22% | -9.10% | +5.88% |
Max Drawdown (3Y)Largest decline over 3 years | -5.76% | -18.90% | +13.14% |
Max Drawdown (5Y)Largest decline over 5 years | -23.97% | -25.43% | +1.46% |
Max Drawdown (10Y)Largest decline over 10 years | -24.33% | -33.92% | +9.59% |
Current DrawdownCurrent decline from peak | -8.18% | -1.58% | -6.60% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -10.70% | +5.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.27% | 2.14% | -0.87% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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