Fidelity Advisor Short-Term Bond Fund - Class I (FBNIX)
| Fund Assets | 2.55B |
| Expense Ratio | 0.30% |
| Min. Investment | $0.00 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 4.24% |
| Dividend Growth | 5.85% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.54 |
| YTD Return | 0.57% |
| 1-Year Return | 5.71% |
| 5-Year Return | 11.74% |
| 52-Week Low | 8.10 |
| 52-Week High | 8.55 |
| Beta (5Y) | n/a |
| Holdings | 461 |
| Inception Date | Jul 12, 2016 |
About FBNIX
Fidelity Advisor Short-Term Bond Fund Class I is an actively managed mutual fund focused on generating a high level of current income while prioritizing capital preservation. The strategy concentrates primarily on U.S. dollar–denominated, investment‑grade debt across sectors such as Treasuries, agencies, corporates, asset‑backed securities, and mortgage‑backed securities, with a dollar‑weighted average maturity of three years or less to limit interest‑rate sensitivity. The fund employs a diversified, multi‑sector approach and may use derivatives, including futures, options, and swaps, to manage duration, enhance liquidity, or fine‑tune sector exposures. Positioned within the short‑term bond category, it aims to provide a stable income profile with lower volatility than intermediate‑ or long‑duration fixed income, appealing to investors seeking core short‑duration exposure or a ballast within broader asset allocations. The share class is designed for eligible institutional platforms, reflecting Fidelity’s research‑driven credit selection and risk controls across a large portfolio of investment‑grade holdings. The fund’s benchmark is the Bloomberg U.S. 1–3 Year Government/Credit Index, aligning its mandate with high‑quality, short‑maturity segments of the U.S. bond market.
Performance
FBNIX had a total return of 5.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.58%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02864 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0289 | Jan 2, 2026 |
| Dec 17, 2025 | $0.008 | Dec 18, 2025 |
| Nov 30, 2025 | $0.02841 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03014 | Nov 1, 2025 |
| Sep 30, 2025 | $0.02903 | Oct 1, 2025 |