Fidelity Advisor Corporate Bond Z (FIKOX)
| Fund Assets | 2.01B |
| Expense Ratio | 0.36% |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.13% |
| Dividend Growth | 6.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 10.67 |
| YTD Return | 3.20% |
| 1-Year Return | 1.93% |
| 5-Year Return | -3.32% |
| 52-Week Low | 10.24 |
| 52-Week High | 10.92 |
| Beta (5Y) | n/a |
| Holdings | 623 |
| Inception Date | Oct 2, 2018 |
About FIKOX
Fidelity Advisor Corporate Bond Fund Class Z is a mutual fund focused on generating a high level of current income by investing primarily in corporate bonds and other corporate debt securities. Managed by a seasoned team blending bottom-up security selection with top-down macroeconomic analysis, the fund maintains at least 80% of its assets in investment-grade corporate bonds, complemented by holdings in U.S. Treasury securities and cash equivalents. This approach offers investors exposure to the credit quality and yield opportunities present in the U.S. corporate bond market. The fund is characterized by moderate credit risk and interest rate sensitivity, with an effective duration of approximately 6.8 years and a trailing twelve-month yield around 4.2%. It is structured to appeal to institutional investors through a low expense ratio, positioned in the second-lowest fee quintile among peer corporate bond funds. Fidelity Advisor Corporate Bond Fund Class Z plays a significant role in fixed income portfolios by offering diversification and income potential within the broader landscape of investment-grade debt instruments, helping investors access the stability and steady income streams typically sought in corporate fixed income markets.
Performance
FIKOX had a total return of 1.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.72%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
13.76% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 0.04625% | T.4.625 02.15.55 | 4.30% |
| Fidelity Cash Central Fund | n/a | 3.10% |
| United States Treasury Bonds 0.045% | T.4.5 11.15.54 | 1.81% |
| Wells Fargo & Co. 0.05499% | WFC.V5.499 01.23.35 | 0.95% |
| United States Treasury Bonds 0.0475% | T.4.75 05.15.55 | 0.74% |
| Peachtree Corners Funding Trust 0.06012% | VOYA.6.012 05.15.35 | 0.62% |
| JPMorgan Chase & Co. 0.05717% | JPM.V5.717 09.14.33 | 0.58% |
| Morgan Stanley 0.0532% | MS.V5.32 07.19.35 | 0.58% |
| Bayer US Finance LLC 0.06875% | BAYNGR.6.875 11.21.53 144A | 0.57% |
| Hudson Pacific Properties LP 0.0595% | HPP.5.95 02.15.28 | 0.51% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03794 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03685 | Jul 1, 2025 |
| May 30, 2025 | $0.03789 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03689 | May 1, 2025 |
| Mar 31, 2025 | $0.03819 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03416 | Mar 3, 2025 |