Fidelity Advisor Strategic Income I

Frequently Asked Questions About FSRIX

What does FSRIX invest in?

The fund primarily focuses on fixed-income instruments, which include lower-quality credit obligations—often referred to as high-yield or junk bonds—due to their less than investment-grade credit ratings. It diversifies its capital across four distinct investment segments: speculative-grade bonds, U.S. government and highly-rated corporate debt, developing market securities, and debt instruments from established international economies.

What is the expense ratio of FSRIX?

Fidelity Advisor Strategic Income I (FSRIX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

What is FSRIX's dividend yield?

FSRIX's trailing-twelve-month yield is 3.88%, calculated from the sum of dividends over the past year divided by the current price.

How big is FSRIX?

Fidelity Advisor Strategic Income I (FSRIX) manages $16.03B 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 FSRIX actively managed or an index fund?

FSRIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FSRIX launched?

Fidelity Advisor Strategic Income I (FSRIX) launched in October 1994 and is managed by Fidelity.