Fidelity Advisor Investment Grade Bond Fund Class A (FGBAX)
The investment seeks a high level of current income. The fund normally invests at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. It allocates assets across different market sectors and maturities. The fund invests in domestic and foreign issuers.
Fund Info
US3161467036
Aug 27, 2002
$0
Expense Ratio
FGBAX has an expense ratio of 0.75%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Fidelity Advisor Investment Grade Bond Fund Class A (FGBAX) returned 2.03% year-to-date (YTD) and 5.92% over the past 12 months. Over the past 10 years, FGBAX returned 1.70% annually, underperforming the S&P 500 benchmark at 10.84%.
FGBAX
2.03%
-0.82%
0.86%
5.92%
1.31%
-0.61%
1.70%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of FGBAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.58% | 2.25% | -0.11% | 0.44% | -1.11% | 2.03% | |||||||
| 2024 | 0.19% | -1.39% | 0.56% | -2.20% | 1.77% | 0.71% | 2.59% | 1.11% | 1.54% | -2.42% | 0.70% | -1.43% | 1.60% |
| 2023 | 3.79% | -2.51% | 2.25% | 0.42% | -0.85% | -0.16% | 0.00% | -0.55% | -2.84% | -1.45% | 4.64% | 3.57% | 6.13% |
| 2022 | -2.03% | -1.12% | -2.83% | -3.95% | 0.45% | -1.95% | 2.17% | -2.26% | -4.42% | -1.33% | 3.59% | -0.84% | -13.86% |
| 2021 | -0.71% | -1.21% | -1.44% | 0.83% | 0.35% | 0.94% | 1.17% | -0.14% | -0.96% | -0.01% | 0.22% | -0.19% | -1.18% |
| 2020 | 2.02% | 1.36% | -1.63% | 2.68% | 1.33% | 1.41% | 1.75% | -0.79% | -0.13% | -0.41% | 1.39% | 0.29% | 9.58% |
| 2019 | 1.53% | -0.06% | 1.91% | 0.21% | 1.49% | 1.46% | 0.33% | 2.18% | -0.42% | 0.42% | -0.07% | 0.03% | 9.34% |
| 2018 | -0.97% | -1.01% | 0.39% | -0.58% | 0.42% | -0.13% | 0.23% | 0.44% | -0.47% | -0.85% | 0.50% | 1.50% | -0.55% |
| 2017 | 0.31% | 0.68% | 0.00% | 0.77% | 0.49% | -0.11% | 0.52% | 0.78% | -0.35% | 0.03% | -0.10% | 0.39% | 3.45% |
| 2016 | 0.74% | 0.46% | 1.91% | 1.21% | -0.06% | 1.71% | 1.18% | 0.30% | 0.04% | -0.59% | -2.25% | 0.43% | 5.14% |
| 2015 | 1.86% | -0.56% | 0.33% | -0.31% | -0.30% | -1.19% | 0.35% | -0.69% | -0.03% | 0.48% | -0.70% | -1.09% | -1.88% |
| 2014 | 1.37% | 0.70% | -0.06% | 0.84% | 1.07% | 0.18% | -0.46% | 1.08% | -0.96% | 0.96% | 0.71% | -0.16% | 5.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FGBAX is 66, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Investment Grade Bond Fund Class A (FGBAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Fidelity Advisor Investment Grade Bond Fund Class A provided a 3.66% dividend yield over the last twelve months, with an annual payout of $0.26 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.26 | $0.24 | $0.17 | $0.11 | $0.39 | $0.20 | $0.19 | $0.15 | $0.17 | $0.20 | $0.18 |
Dividend yield | 3.66% | 3.71% | 3.27% | 2.34% | 1.28% | 4.50% | 2.43% | 2.53% | 1.86% | 2.16% | 2.58% | 2.25% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Investment Grade Bond Fund Class A. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.08 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.17 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2020 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.24 | $0.01 | $0.04 | $0.39 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.20 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.04 | $0.19 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.15 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2014 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.18 |
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 Investment Grade Bond Fund Class A. 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 Investment Grade Bond Fund Class A was 18.39%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Fidelity Advisor Investment Grade Bond Fund Class A drawdown is 6.46%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.39% | Aug 5, 2021 | 309 | Oct 21, 2022 | — | — | — |
| -12.64% | Jan 23, 2008 | 213 | Nov 24, 2008 | 171 | Jul 31, 2009 | 384 |
| -8.53% | Mar 9, 2020 | 9 | Mar 19, 2020 | 43 | May 20, 2020 | 52 |
| -5.32% | May 3, 2013 | 87 | Sep 5, 2013 | 168 | May 7, 2014 | 255 |
| -4.72% | Jun 16, 2003 | 41 | Aug 13, 2003 | 105 | Jan 13, 2004 | 146 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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