PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Fidelity Advisor Strategic Income Fund Class M (FS...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3159205042

Issuer

Fidelity

Inception Date

Oct 31, 1994

Min. Investment

$0

Asset Class

Bond

Share Price Chart


Loading data...

Compare to other instruments

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


Popular comparisons:
FSIAX vs. FFFFX FSIAX vs. VOO FSIAX vs. FSMEX FSIAX vs. FSPGX FSIAX vs. VBR FSIAX vs. FZROX FSIAX vs. PRDGX
Popular comparisons:
FSIAX vs. FFFFX FSIAX vs. VOO FSIAX vs. FSMEX FSIAX vs. FSPGX FSIAX vs. VBR FSIAX vs. FZROX FSIAX vs. PRDGX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Strategic Income Fund Class M, 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
4.83%
12.92%
FSIAX (Fidelity Advisor Strategic Income Fund Class M)
Benchmark (^GSPC)

Returns By Period

Fidelity Advisor Strategic Income Fund Class M had a return of 6.48% year-to-date (YTD) and 11.18% in the last 12 months. Over the past 10 years, Fidelity Advisor Strategic Income Fund Class M had an annualized return of 2.85%, while the S&P 500 had an annualized return of 11.16%, indicating that Fidelity Advisor Strategic Income Fund Class M did not perform as well as the benchmark.


FSIAX

YTD

6.48%

1M

0.32%

6M

4.83%

1Y

11.18%

5Y (annualized)

2.18%

10Y (annualized)

2.85%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.40%0.22%0.98%-1.37%1.61%0.54%2.01%0.88%1.79%-1.14%6.48%
20233.74%-1.78%1.52%0.27%-0.55%0.87%0.88%-0.31%-2.20%-0.91%4.25%3.30%9.21%
2022-2.05%-1.55%-1.37%-3.63%0.10%-4.08%3.40%-1.61%-4.28%0.69%3.34%-1.03%-11.75%
2021-0.12%0.08%-0.36%1.17%0.43%0.98%0.67%0.50%-0.69%0.26%-0.45%-0.84%1.63%
20200.84%-0.97%-8.48%3.51%3.41%1.03%3.03%0.74%-0.56%-0.39%3.76%0.54%5.97%
20193.41%0.85%0.88%0.82%-0.12%2.01%0.44%0.28%0.02%0.27%0.18%0.39%9.79%
20180.72%-1.17%-0.16%-0.16%-0.08%-0.50%0.84%0.02%0.18%-1.72%-0.33%-0.67%-3.04%
20171.38%1.15%-0.23%1.16%0.99%0.15%1.30%0.80%0.07%0.31%0.15%-0.73%6.66%
2016-0.95%0.89%3.04%1.83%0.11%1.12%2.05%1.10%0.50%-0.81%-1.58%1.02%8.53%
20150.77%0.96%-0.02%1.05%-0.23%-1.15%-0.07%-1.16%-1.37%1.76%-1.03%-1.38%-1.92%
20140.48%1.85%0.31%0.95%1.28%0.93%-0.91%0.93%-1.89%1.00%-0.18%-1.20%3.54%
20130.05%-0.05%0.29%1.71%-1.83%-2.43%1.04%-1.25%1.21%1.87%-0.35%0.04%0.19%

Expense Ratio

FSIAX has a high expense ratio of 0.96%, indicating higher-than-average management fees.


Expense ratio chart for FSIAX: current value at 0.96% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.96%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FSIAX is 82, placing it in the top 18% 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 FSIAX is 8282
Combined Rank
The Sharpe Ratio Rank of FSIAX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of FSIAX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of FSIAX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of FSIAX is 5656
Calmar Ratio Rank
The Martin Ratio Rank of FSIAX is 8585
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 Advisor Strategic Income Fund Class M (FSIAX) 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 FSIAX, currently valued at 2.75, compared to the broader market-1.000.001.002.003.004.005.002.752.54
The chart of Sortino ratio for FSIAX, currently valued at 4.34, compared to the broader market0.005.0010.004.343.40
The chart of Omega ratio for FSIAX, currently valued at 1.57, compared to the broader market1.002.003.004.001.571.47
The chart of Calmar ratio for FSIAX, currently valued at 1.23, compared to the broader market0.005.0010.0015.0020.001.233.66
The chart of Martin ratio for FSIAX, currently valued at 16.02, compared to the broader market0.0020.0040.0060.0080.00100.0016.0216.26
FSIAX
^GSPC

The current Fidelity Advisor Strategic Income Fund Class M Sharpe ratio is 2.75. 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 Advisor Strategic Income Fund Class M 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
2.75
2.54
FSIAX (Fidelity Advisor Strategic Income Fund Class M)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Advisor Strategic Income Fund Class M provided a 4.05% dividend yield over the last twelve months, with an annual payout of $0.47 per share. The fund has been increasing its distributions for 2 consecutive years.


2.50%3.00%3.50%4.00%4.50%5.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.47$0.45$0.36$0.31$0.39$0.39$0.39$0.35$0.38$0.39$0.61$0.60

Dividend yield

4.05%4.05%3.37%2.44%3.06%3.18%3.39%2.88%3.23%3.46%5.08%4.94%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Advisor Strategic Income Fund Class M. 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$0.03$0.03$0.04$0.00$0.36
2023$0.04$0.03$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.07$0.45
2022$0.02$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.06$0.36
2021$0.03$0.02$0.03$0.03$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.04$0.31
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.15$0.39
2019$0.03$0.03$0.04$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.10$0.39
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.06$0.39
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.35
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.38
2015$0.03$0.03$0.04$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.39
2014$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.03$0.03$0.22$0.61
2013$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.20$0.60

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
-0.79%
-0.88%
FSIAX (Fidelity Advisor Strategic Income Fund Class M)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Advisor Strategic Income Fund Class M. 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 Strategic Income Fund Class M was 17.80%, occurring on Nov 21, 2008. Recovery took 137 trading sessions.

The current Fidelity Advisor Strategic Income Fund Class M drawdown is 0.79%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.8%May 22, 2008128Nov 21, 2008137Jun 11, 2009265
-16.98%Sep 16, 2021280Oct 21, 2022478Sep 9, 2024758
-15.85%Feb 24, 202021Mar 23, 202091Jul 31, 2020112
-8.1%May 5, 199883Aug 27, 1998158Apr 6, 1999241
-6.8%Apr 28, 2015185Jan 20, 201670Apr 29, 2016255

Volatility

Volatility Chart

The current Fidelity Advisor Strategic Income Fund Class M volatility is 0.80%, 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
0.80%
3.96%
FSIAX (Fidelity Advisor Strategic Income Fund Class M)
Benchmark (^GSPC)