Fidelity Advisor Strategic Income Z (FIWDX)
| Fund Assets | 15.14B |
| Expense Ratio | 0.59% |
| Min. Investment | $0.00 |
| Turnover | 76.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.65% |
| Dividend Growth | -5.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 12.19 |
| YTD Return | 5.67% |
| 1-Year Return | 5.99% |
| 5-Year Return | 17.78% |
| 52-Week Low | 11.37 |
| 52-Week High | 12.25 |
| Beta (5Y) | n/a |
| Holdings | 1920 |
| Inception Date | Oct 2, 2018 |
About FIWDX
Fidelity Advisor Strategic Income Fund Class Z is a multisector bond mutual fund designed to provide a high level of current income, with a secondary goal of capital appreciation. The fund implements a diversified fixed income strategy by allocating assets across four main sectors: high-yield securities, U.S. government and investment-grade debt, emerging market debt, and foreign developed-market debt. Its typical allocation is approximately 45% to high-yield, 30% to U.S. government and investment-grade, 15% to emerging markets, and 10% to foreign developed markets, with flexibility for portfolio managers to make tactical adjustments in response to market conditions. By spreading investments across these varied sectors, the fund seeks to reduce volatility compared to investing in high-yield bonds alone and to capitalize on income opportunities in different market environments. The fund’s portfolio is predominantly composed of debt instruments, including lower-quality ("junk") bonds, with select use of derivatives and currency hedging to manage risk and optimize returns. With a large asset base and experienced management team, Fidelity Advisor Strategic Income Fund Class Z plays a significant role in providing institutional and sophisticated investors with diversified, actively managed exposure to global fixed income markets.
Performance
FIWDX had a total return of 5.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.96%.
Top 10 Holdings
28.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Cash Central Fund | n/a | 8.07% |
| Cash | n/a | 4.31% |
| 10 Year Treasury Note Future Sept 25 | n/a | 3.68% |
| Ultra US Treasury Bond Future Sept 25 | n/a | 3.09% |
| Germany (Federal Republic Of) 2.4% | OBL.2.4 04.18.30 191 | 2.40% |
| United States Treasury Notes 1.125% | T.1.125 08.31.28 | 2.12% |
| Germany (Federal Republic Of) 2.7% | BKO.2.7 09.17.26 | 1.55% |
| United States Treasury Notes 1.875% | T.1.875 02.28.27 | 1.40% |
| iShares Broad USD High Yield Corporate Bond ETF | USHY | 1.27% |
| United States Treasury Bonds 2.5% | T.2.5 02.15.45 | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03993 | Oct 1, 2025 |
| Aug 29, 2025 | $0.04067 | Sep 2, 2025 |
| Jul 31, 2025 | $0.04005 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03865 | Jul 1, 2025 |
| May 30, 2025 | $0.04047 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03842 | May 1, 2025 |