Fidelity Advisor Total Bond Fund - Class I (FEPIX)
| Fund Assets | 43.44B |
| Expense Ratio | 0.49% |
| Min. Investment | $0.00 |
| Turnover | 211.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.33% |
| Dividend Growth | -0.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.63 |
| YTD Return | 0.02% |
| 1-Year Return | 5.28% |
| 5-Year Return | 3.99% |
| 52-Week Low | 9.33 |
| 52-Week High | 9.78 |
| Beta (5Y) | 0.29 |
| Holdings | 6675 |
| Inception Date | Jun 16, 2004 |
About FEPIX
Fidelity Advisor Total Bond Fund Class I is an intermediate core-plus bond mutual fund designed to provide investors with a high level of current income and a degree of protection against stock market volatility. The fund primarily invests at least 80% of its portfolio in a diverse array of investment-grade debt securities, including U.S. government bonds, agency mortgage-backed securities, corporate bonds, and asset-backed securities. Up to 20% of its assets can be allocated to high-yield (below investment-grade) or emerging market bonds, which serve to enhance income and return potential while introducing additional risk management considerations. Managed by an experienced Fidelity team, the fund is actively diversified across sectors, issuers, and maturities, with rigorous analysis of credit, liquidity, and macroeconomic factors guiding security selection. The fund seeks to maintain a risk profile comparable to benchmarks like the Bloomberg U.S. Aggregate Bond Index, making it suitable for investors seeking a core fixed income holding. Class I shares are intended for institutional and eligible investors, offering a competitive expense ratio and no sales charge. By balancing high-quality and opportunistic bond investments, the fund plays a significant role in fixed income portfolios as a core holding for risk-adjusted income and diversification.
Performance
FEPIX had a total return of 5.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.76%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWAGX | Schwab | Schwab U.S. Aggregate Bond Index Fund | 0.04% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03043 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03281 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03324 | Jan 2, 2026 |
| Dec 17, 2025 | $0.010 | Dec 18, 2025 |
| Nov 30, 2025 | $0.03336 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03437 | Nov 3, 2025 |