Fidelity Advisor Tactical Bond Z (FBAPX)
| Fund Assets | 46.18M |
| Expense Ratio | 0.61% |
| Min. Investment | $0.00 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.49% |
| Dividend Growth | -2.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.93 |
| YTD Return | 4.26% |
| 1-Year Return | 1.35% |
| 5-Year Return | n/a |
| 52-Week Low | 8.57 |
| 52-Week High | 9.17 |
| Beta (5Y) | n/a |
| Holdings | 98 |
| Inception Date | Feb 10, 2022 |
About FBAPX
Fidelity Advisor Tactical Bond Fund – Class Z is a mutual fund classified within the multisector bond category, designed to pursue a high level of current income as its primary objective. Managed by Fidelity since its inception in February 2022, the fund allocates at least 80% of its assets across a broad spectrum of debt securities, encompassing both U.S. dollar-denominated and non-dollar-denominated bonds, and may also invest in repurchase agreements tied to these securities. Its portfolio typically includes holdings from diverse sectors, such as investment-grade corporate bonds, securitized assets, and government debt, spread across domestic and international markets. With over 90 individual holdings and net assets exceeding $50 million, the fund emphasizes flexibility in response to shifting market conditions, enabling active sector and issuer selection. The Class Z share class is tailored for eligible investors and is distinguished by a competitive expense ratio. Dividend distributions are paid monthly, contributing to its appeal for those seeking regular income. Overall, the fund plays a notable role in the fixed-income market by offering strategic, multi-sector exposure designed to adapt to evolving interest rate and credit environments.
Performance
FBAPX had a total return of 1.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.49%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
76.92% of assets| Name | Symbol | Weight |
|---|---|---|
| UST NOTES 4.375% 05/15/2034 | T.4.375 05.15.34 | 12.78% |
| Fidelity Central Investment Portfolios LLC - Fidelity Floating Rate Central Fund | n/a | 11.40% |
| Fidelity Central Investment Portfolios II LLC - Fidelity International Credit Central Fund | n/a | 10.92% |
| Fidelity Central Investment Portfolios LLC - Fidelity High Income Central Fund | n/a | 10.15% |
| UNITED STATES TREASURY BOND 4.125% 08/15/2053 | T.4.125 08.15.53 | 9.59% |
| UST NOTES 4.125% 11/15/2032 | T.4.125 11.15.32 | 7.24% |
| UST NOTES 3.875% 08/15/2033 | T.3.875 08.15.33 | 6.69% |
| UNITED STATES TREASURY BOND 4.25% 08/15/2054 | T.4.25 08.15.54 | 4.80% |
| UST NOTES 3.5% 02/15/2033 | T.3.5 02.15.33 | 1.74% |
| DOMINOS PIZZA MASTER ISSUER LL DOMINOS SPV CDN HLDG CO INC DOMINOS PIZZA DISTR LLC - DOMINOS PIZZA MASTER ISR LLC 3.151% 04/25/2051 144A | DPABS.2021-1A A2II | 1.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03168 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03168 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02955 | Jul 1, 2025 |
| May 30, 2025 | $0.03247 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02979 | May 1, 2025 |
| Mar 31, 2025 | $0.03084 | Apr 1, 2025 |