About FBKWX
Fidelity Advisor Total Bond Fund Class Z is an actively managed mutual fund focused on generating a high level of current income through diversified exposure to the broad U.S. and global bond markets. As a core intermediate core-plus bond fund, it typically invests at least 80% of its assets in a wide array of debt securities, including U.S. Treasuries, government agencies, mortgage-backed and asset-backed securities, corporate bonds, and up to 20% in high-yield or below-investment-grade bonds. The fund follows a flexible investment approach, using the Bloomberg U.S. Universal Bond Index as a guide to balance allocations across investment-grade, high-yield, and emerging market bonds. Managed by a seasoned team, the fund holds thousands of securities, with its top holdings accounting for about 17% of total assets, reflecting a broad and diversified profile. Fidelity Advisor Total Bond Fund Class Z serves as a core fixed-income holding, aiming to provide stability, diversification, and income for institutional and individual investors seeking to manage interest rate and credit risk within a bond portfolio.
Fund Family Fidelity
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FBKWX
Share Class Class Z
Index Bloomberg U.S. Aggregate Bond TR
FBKWX had a total return of -1.84% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.22%.
