About FTKAX
Fidelity Advisor Tactical Bond Fund Class A is a diversified mutual fund focused on fixed income securities. Its primary objective is to generate a high level of current income, with some consideration for capital appreciation. The fund employs a flexible strategy, typically investing at least 80% of its assets in a wide range of U.S. dollar and non-U.S. dollar-denominated debt securities, including government, corporate, and securitized bonds, as well as repurchase agreements. The management team actively allocates assets across the full spectrum of the global bond market, adjusting sector exposure, credit quality, and interest rate sensitivity in response to evolving economic conditions and market trends.
Notably, the fund harnesses both fundamental research and quantitative techniques to manage risk and identify relative value opportunities. By leveraging Fidelity’s extensive research capabilities and experienced portfolio managers, the fund seeks to adapt its holdings proactively. It pays monthly income distributions and typically offers exposure to sectors such as corporate credit, asset-backed securities, and mortgage-backed securities. This tactical approach positions the Fidelity Advisor Tactical Bond Fund Class A as a versatile component within a diversified fixed income portfolio, serving investors looking for a balance of income and adaptability to market shifts.
Fund Family Fidelity
Category Multisector Bond
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FTKAX
Share Class Class A
Index Index is not provided by Management Company
FTKAX had a total return of 2.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.93%.
