# Fidelity Advisor Strategic Dividend & Income Fund: Class I (FSIDX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fsidx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Thematic · Inception: 2003-12-24 This fund primarily allocates at least 80% of its total assets to equity investments. Its investment strategy employs a balanced target allocation, typically dedicating approximately 50% to common stocks, around 15% to real estate investment trusts (REITs) and other property-related holdings, another 15% to convertible securities, and about 20% to preferred shares. The fund's objective is to select equity securities that offer both consistent dividend payments and opportunities for capital appreciation, often leading to a focus on "value" stocks within its common stock portfolio. Furthermor... ## Key Facts | Metric | Value | |---|---| | Price | $19.31 | | Expense Ratio | 0.67% | | Assets Under Management | $5.55B | | NAV | $19.31 | | Holdings Count | — | | Distribution Yield (TTM) | 7.74% | | Annual Distribution (TTM) | $1.50 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $17.52 – $20.11 | | Beta | 0.99 | ## Latest Distribution - Amount: $0.1260 /share - Ex-date: 2026-10-02 - Pay date: 2026-10-05 ## Frequently Asked Questions ### What does FSIDX invest in? This fund primarily allocates at least 80% of its total assets to equity investments. Its investment strategy employs a balanced target allocation, typically dedicating approximately 50% to common stocks, around 15% to real estate investment trusts (REITs) and other property-related holdings, another 15% to convertible securities, and about 20% to preferred shares. The fund's objective is to select equity securities that offer both consistent dividend payments and opportunities for capital appreciation, often leading to a focus on "value" stocks within its common stock portfolio. Furthermore, its holdings include companies from both domestic and international markets. ### What is the expense ratio of FSIDX? Fidelity Advisor Strategic Dividend & Income Fund: Class I (FSIDX) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FSIDX's dividend yield? FSIDX's trailing-twelve-month yield is 7.74%, calculated from the sum of dividends over the past year divided by the current price. ### How big is FSIDX? Fidelity Advisor Strategic Dividend & Income Fund: Class I (FSIDX) manages $5.55B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FSIDX actively managed or an index fund? FSIDX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FSIDX launched? Fidelity Advisor Strategic Dividend & Income Fund: Class I (FSIDX) launched in December 2003 and is managed by Fidelity. ### Does FSIDX pay a dividend? Yes, Fidelity Advisor Strategic Dividend & Income Fund: Class I (FSIDX) distributes dividends to shareholders. The trailing-twelve-month yield is 7.74%. Full dividend history is on this page. ### How often does FSIDX pay dividends? Fidelity Advisor Strategic Dividend & Income Fund: Class I pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FSIDX's next ex-dividend date? The most recently announced ex-dividend date for FSIDX was 2026-10-02. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FSIDX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.67% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FSIDX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FSIDX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FSIDX cost more than a fund like VOO? FSIDX's strategy (current expense ratio 0.67%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FSIDX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FSIDX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FSIDX (0.67%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fsidx - Distribution history: https://www.dividenddata.com/funds/fsidx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fsidx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fsidx/expenses - Peer comparison: https://www.dividenddata.com/funds/fsidx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.