Fidelity Advisor Multi-Asset Income Fund Class A (FWATX)
The investment seeks to provide a combination of income and capital appreciation. The fund normally invests primarily in income producing securities of all types. It allocates the fund's assets among equity and debt securities, including common and preferred stock, investment-grade debt securities, lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), floating rate securities, and convertible securities.
Fund Info
| ISIN | US31638R7668 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Sep 9, 2015 |
| Category | Diversified Portfolio |
| Asset Class | Multi-Asset |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
FWATX has a high expense ratio of 1.05%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FWATX vs. CAPAX, FWATX vs. AMRMX, FWATX vs. IDIVX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Multi-Asset Income Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Advisor Multi-Asset Income Fund Class A had a return of 11.84% year-to-date (YTD) and 17.93% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.84% | 24.72% |
| 1 month | 1.21% | 2.30% |
| 6 months | 5.78% | 12.31% |
| 1 year | 17.93% | 32.12% |
| 5 years (annualized) | 8.55% | 13.81% |
| 10 years (annualized) | N/A | 11.31% |
Monthly Returns
The table below presents the monthly returns of FWATX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.80% | 0.86% | 2.83% | -2.43% | 3.86% | -0.14% | 1.70% | 0.43% | 2.35% | -1.24% | 11.84% | ||
| 2023 | 6.28% | -0.20% | 0.53% | -0.84% | -1.02% | 2.59% | 1.61% | -1.34% | -3.07% | -1.54% | 4.79% | 3.57% | 11.49% |
| 2022 | -2.66% | -1.11% | 1.41% | -7.02% | -1.68% | -5.86% | 4.51% | -0.91% | -4.92% | 2.01% | 4.30% | -2.27% | -13.99% |
| 2021 | 0.92% | 3.21% | 2.41% | 3.33% | 1.76% | 0.40% | 0.32% | 0.99% | -1.85% | 3.98% | -1.38% | 1.99% | 17.12% |
| 2020 | -1.24% | -3.50% | -6.84% | 6.91% | 3.33% | 0.56% | 5.21% | 3.54% | -2.24% | -1.66% | 8.48% | 3.62% | 16.10% |
| 2019 | 5.16% | 1.67% | 0.82% | 2.90% | -2.68% | 4.53% | 1.31% | 0.53% | 0.24% | 1.67% | 1.81% | 2.98% | 22.78% |
| 2018 | 1.57% | -3.34% | -1.38% | 0.10% | 1.77% | 0.20% | 0.93% | 1.65% | -0.35% | -1.90% | 1.03% | -3.88% | -3.74% |
| 2017 | 0.73% | 1.09% | -0.25% | 0.26% | -0.06% | -0.17% | 0.37% | 0.16% | 0.21% | 0.94% | 0.77% | 1.08% | 5.25% |
| 2016 | -2.83% | 0.24% | 4.02% | 2.04% | 1.16% | 0.81% | 2.91% | 1.27% | 0.75% | -0.81% | -0.66% | -2.01% | 6.88% |
| 2015 | -1.79% | 3.93% | -0.41% | -1.76% | -0.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FWATX is 73, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Multi-Asset Income Fund Class A (FWATX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Multi-Asset Income Fund Class A provided a 3.40% dividend yield over the last twelve months, with an annual payout of $0.49 per share. The fund has been increasing its distributions for 5 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.49 | $0.53 | $0.45 | $0.41 | $0.40 | $0.30 | $0.22 | $0.25 | $0.44 | $0.10 |
Dividend yield | 3.40% | 3.97% | 3.59% | 2.74% | 3.05% | 2.54% | 2.20% | 2.44% | 4.34% | 0.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Multi-Asset Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.05 | $0.04 | $0.03 | $0.05 | $0.04 | $0.03 | $0.05 | $0.04 | $0.03 | $0.00 | $0.40 | |
| 2023 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.53 |
| 2022 | $0.02 | $0.03 | $0.03 | $0.02 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.45 |
| 2021 | $0.02 | $0.04 | $0.04 | $0.02 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.02 | $0.04 | $0.03 | $0.41 |
| 2020 | $0.02 | $0.04 | $0.03 | $0.02 | $0.05 | $0.04 | $0.02 | $0.06 | $0.03 | $0.02 | $0.05 | $0.03 | $0.40 |
| 2019 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.30 |
| 2018 | $0.01 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.22 |
| 2017 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.01 | $0.25 |
| 2016 | $0.03 | $0.04 | $0.05 | $0.03 | $0.05 | $0.07 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.44 |
| 2015 | $0.01 | $0.03 | $0.04 | $0.02 | $0.10 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Multi-Asset Income 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 Multi-Asset Income Fund Class A was 21.66%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.
The current Fidelity Advisor Multi-Asset Income Fund Class A drawdown is 1.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.66% | Feb 21, 2020 | 22 | Mar 23, 2020 | 53 | Jun 8, 2020 | 75 |
| -18.21% | Nov 10, 2021 | 223 | Sep 27, 2022 | 415 | May 15, 2024 | 638 |
| -9.97% | Nov 4, 2015 | 68 | Feb 11, 2016 | 54 | Apr 29, 2016 | 122 |
| -9.42% | Jan 29, 2018 | 231 | Dec 24, 2018 | 40 | Feb 22, 2019 | 271 |
| -5.69% | Sep 3, 2020 | 14 | Sep 23, 2020 | 35 | Nov 11, 2020 | 49 |
Volatility
Volatility Chart
The current Fidelity Advisor Multi-Asset Income Fund Class A volatility is 2.52%, 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.