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Trending ETFs

Fidelity Advisor Multi-Asset Income Fund

mutual fund
FAZYX
Payout Change
Pending
Price as of:
$14.35 +0.0 +0.0%
primary theme
U.S. Balanced Allocation
share class
C (FWBTX) M (FAZYX) I (FAYZX) A (FWATX) Z (FIWBX) Other (FMSDX)
FAZYX (Mutual Fund)

Fidelity Advisor Multi-Asset Income Fund

Payout Change
Pending
Price as of:
$14.35 +0.0 +0.0%
primary theme
U.S. Balanced Allocation
share class
C (FWBTX) M (FAZYX) I (FAYZX) A (FWATX) Z (FIWBX) Other (FMSDX)
FAZYX (Mutual Fund)

Fidelity Advisor Multi-Asset Income Fund

Payout Change
Pending
Price as of:
$14.35 +0.0 +0.0%
primary theme
U.S. Balanced Allocation
share class
C (FWBTX) M (FAZYX) I (FAYZX) A (FWATX) Z (FIWBX) Other (FMSDX)

Name

As of 10/02/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Advisor Multi-Asset Income Fund

FAZYX | Fund

$14.35

$2.33 B

3.30%

$0.47

1.06%

Vitals

YTD Return

10.7%

1 yr return

19.8%

3 Yr Avg Return

3.6%

5 Yr Avg Return

9.3%

Net Assets

$2.33 B

Holdings in Top 10

44.7%

52 WEEK LOW AND HIGH

$14.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.06%

SALES FEES

Front Load 4.00%

Deferred Load N/A

TRADING FEES

Turnover 150.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 10/02/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Advisor Multi-Asset Income Fund

FAZYX | Fund

$14.35

$2.33 B

3.30%

$0.47

1.06%

FAZYX - Profile

Distributions

  • YTD Total Return 10.7%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 9.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.37%
DIVIDENDS
  • Dividend Yield 3.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity Advisor Multi-Asset Income Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Sep 09, 2015
  • Shares Outstanding
    N/A
  • Share Class
    M
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Adam Kramer

Fund Description

Normally investing primarily in income producing securities of all types.Allocating the fund's assets among equity and debt securities, including common and preferred stock, investment-grade debt securities, lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), floating rate securities, and convertible securities.Investing in domestic and foreign issuers.Allocating assets across different market sectors and maturities.Analyzing a security's structural features and current pricing, its issuer's potential for success, and the credit, currency, and economic risks of the security and its issuer to select investments.Adjusting allocation among asset classes to take advantage of short-term market opportunities and strategic, longer-term opportunities.
Read More

FAZYX - Performance

Return Ranking - Trailing

Period FAZYX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.7% -3.4% 43.2% 77.30%
1 Yr 19.8% -2.5% 62.0% 86.78%
3 Yr 3.6%* -3.9% 14.3% 64.36%
5 Yr 9.3%* -2.4% 17.8% 17.97%
10 Yr N/A* 1.3% 11.2% N/A

* Annualized

Return Ranking - Calendar

Period FAZYX Return Category Return Low Category Return High Rank in Category (%)
2023 7.0% -12.2% 23.9% 77.38%
2022 -16.7% -34.7% 2.8% 31.48%
2021 14.0% -11.9% 18.1% 2.88%
2020 12.2% -20.9% 39.7% 14.42%
2019 19.5% 0.8% 25.7% 4.40%

Total Return Ranking - Trailing

Period FAZYX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.7% -3.4% 43.2% 77.30%
1 Yr 19.8% -2.5% 62.0% 86.78%
3 Yr 3.6%* -3.9% 14.3% 64.36%
5 Yr 9.3%* -2.4% 17.8% 17.97%
10 Yr N/A* 1.3% 11.2% N/A

* Annualized

Total Return Ranking - Calendar

Period FAZYX Return Category Return Low Category Return High Rank in Category (%)
2023 11.5% -12.2% 26.8% 77.23%
2022 -13.2% -29.0% 10.9% 32.36%
2021 17.8% -3.0% 27.3% 6.97%
2020 16.4% -19.5% 40.6% 17.12%
2019 23.0% 2.2% 32.7% 12.07%

NAV & Total Return History

FAZYX - Holdings

Concentration Analysis

FAZYX Category Low Category High FAZYX % Rank
Net Assets 2.33 B 789 K 230 B 27.04%
Number of Holdings 317 2 16015 30.12%
Net Assets in Top 10 1.16 B 577 K 69.8 B 38.04%
Weighting of Top 10 44.72% 11.0% 122.7% 55.76%

Top 10 Holdings

  1. UST NOTES 4.125% 11/15/2032 10.53%
  2. UST NOTES 3.5% 04/30/2030 9.38%
  3. UNITED STATES TREASURY BOND 3.875% 02/15/2043 8.00%
  4. APPLE INC 2.66%
  5. Fidelity Securities Lending Cash Central Fund 2.65%
  6. DHT HOLDINGS INC 2.64%
  7. UNITED STATES TREASURY BOND 4.25% 02/15/2054 2.43%
  8. UNITED STATES TREASURY BOND 4.5% 02/15/2044 2.43%
  9. NVIDIA CORP 2.08%
  10. FRONTLINE PLC 1.93%

Asset Allocation

Weighting Return Low Return High FAZYX % Rank
Bonds 		51.51% 0.00% 74.58% 5.33%
Stocks 		45.70% 0.00% 100.16% 87.46%
Convertible Bonds 		11.20% 0.00% 23.84% 1.31%
Cash 		3.11% -7.92% 100.00% 31.56%
Preferred Stocks 		2.91% 0.00% 23.91% 3.60%
Other 		-0.04% -42.55% 113.97% 95.24%

Stock Sector Breakdown

Weighting Return Low Return High FAZYX % Rank
Technology 		17.12% 0.00% 44.21% 67.98%
Real Estate 		12.96% 0.00% 65.01% 6.99%
Communication Services 		10.34% 0.00% 38.10% 7.57%
Industrials 		10.33% 0.00% 24.37% 46.14%
Energy 		9.95% 0.00% 85.65% 7.86%
Consumer Cyclical 		9.50% 0.00% 19.36% 54.73%
Healthcare 		8.65% 0.00% 29.35% 88.94%
Basic Materials 		7.66% 0.00% 33.35% 5.24%
Utilities 		7.18% 0.00% 99.55% 7.28%
Financial Services 		4.91% 0.00% 38.77% 95.63%
Consumer Defense 		1.40% 0.00% 15.14% 95.78%

Stock Geographic Breakdown

Weighting Return Low Return High FAZYX % Rank
US 		43.75% 0.00% 100.16% 84.15%
Non US 		1.95% 0.00% 39.06% 22.77%

Bond Sector Breakdown

Weighting Return Low Return High FAZYX % Rank
Corporate 		70.93% 0.00% 98.21% 7.11%
Government 		26.00% 0.00% 97.26% 59.36%
Cash & Equivalents 		3.11% 0.00% 99.92% 30.55%
Securitized 		0.01% 0.00% 92.13% 86.21%
Municipal 		0.00% 0.00% 24.80% 66.18%
Derivative 		-0.04% -2.87% 42.43% 92.36%

Bond Geographic Breakdown

Weighting Return Low Return High FAZYX % Rank
US 		51.51% 0.00% 74.58% 5.19%
Non US 		0.00% 0.00% 14.05% 19.60%

FAZYX - Expenses

Operational Fees

FAZYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.06% 0.03% 17.63% 45.13%
Management Fee 0.69% 0.00% 1.83% 83.83%
12b-1 Fee 0.25% 0.00% 1.00% 22.03%
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

FAZYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.00% 2.25% 5.75% 82.30%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FAZYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FAZYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 150.00% 0.00% 343.00% 91.69%

FAZYX - Distributions

Dividend Yield Analysis

FAZYX Category Low Category High FAZYX % Rank
Dividend Yield 3.30% 0.00% 17.90% 16.74%

Dividend Distribution Analysis

FAZYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Quarterly Annual

Net Income Ratio Analysis

FAZYX Category Low Category High FAZYX % Rank
Net Income Ratio 2.37% -2.34% 19.41% 9.97%

Capital Gain Distribution Analysis

FAZYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

FAZYX - Fund Manager Analysis

Managers

Adam Kramer

Start Date

Tenure

Tenure Rank

Sep 09, 2015

6.73

6.7%

Adam Kramer is a portfolio manager in the Fixed Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing,and other financial products and services to institutions, financial intermediaries, and individuals. In this role, he manages several multi-asset income funds, opportunistic high-yield bond strategies for institutional investors as well as a high income fund available exclusively to Canadian investors.

Ford O'Neil

Start Date

Tenure

Tenure Rank

Sep 09, 2015

6.73

6.7%

Ford O’Neil is a portfolio manager at FMRCo. In this role, Mr. O’Neil manages various retail and institutional taxable bond funds/portfolios. His responsibilities include managing multiple Fidelity and Fidelity Advisor funds and various institutional comingled pools. Prior to assuming his current role, he worked as an analyst focusing on the utility sector from 1990 to 1992. Mr. O’Neil joined Fidelity in 1990 and has been in the investments industry since 1985. He earned his bachelor of arts degree from Harvard College and his MBA from The Wharton School at the University of Pennsylvania.

Ramona Persaud

Start Date

Tenure

Tenure Rank

Sep 08, 2017

4.73

4.7%

Ramona Persaud has joined Fidelity Investments since 2003 and has worked as a research analyst and portfolio manager.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.36 2.41

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