EFIPX: Fidelity Advisor® Limited Term Bond I

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EFIPX Fidelity Advisor® Limited Term Bond I


Profile

EFIPX - Profile

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return 1.3%
  • 5 Yr Annualized Return 0.9%
  • Net Assets $3.43 B
  • Holdings in Top 10 9.9%

52 WEEK LOW AND HIGH

$11.99
$11.12
$12.01

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.50%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 29.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.47%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity Advisor® Limited Term Bond Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Feb 02, 1984
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Galusza

Fund Description

The fund normally invests at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. The manager manages the fund to have similar overall interest rate risk to the Fidelity Limited Term Composite Index?. The manager maintains a dollar-weighted average maturity between two and five years. It allocates assets across different market sectors and maturities. It invests in domestic and foreign issuers.


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Categories

Fund Company Quick Screens

EFIPX - Fund Company Quick Screens


Performance

EFIPX - Performance

Return Ranking - Trailing

Period EFIPX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -31.7% 959.9% 43.59%
1 Yr 2.9% -24.0% 950.6% 37.35%
3 Yr 1.3%* -9.1% 121.2% 46.75%
5 Yr 0.9%* -4.9% 60.8% 41.33%
10 Yr 0.6%* -5.1% 3.6% 31.02%

* Annualized

Return Ranking - Calendar

Period EFIPX Return Category Return Low Category Return High Rank in Category (%)
2019 3.5% -1.7% 20.3% 62.10%
2018 -1.6% -24.9% 4.6% 26.57%
2017 0.1% -6.0% 16.5% 80.46%
2016 0.8% -7.8% 15.0% 24.77%
2015 -1.0% -18.3% 3.0% 51.40%

Total Return Ranking - Trailing

Period EFIPX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -31.7% 959.9% 43.59%
1 Yr 2.9% -24.0% 950.6% 37.31%
3 Yr 1.3%* -8.9% 121.2% 51.12%
5 Yr 0.9%* -4.7% 60.8% 50.49%
10 Yr 0.6%* -5.1% 6.6% 48.10%

* Annualized

Total Return Ranking - Calendar

Period EFIPX Return Category Return Low Category Return High Rank in Category (%)
2019 3.5% -1.7% 20.3% 62.94%
2018 -1.5% -24.9% 4.6% 33.98%
2017 0.1% -6.0% 17.5% 83.52%
2016 0.8% -7.8% 15.0% 31.67%
2015 -1.0% -12.6% 4.2% 58.49%

NAV & Total Return History


Holdings

EFIPX - Holdings

Concentration Analysis

EFIPX Category Low Category High EFIPX % Rank
Net Assets 3.43 B 620 K 287 B 20.25%
Number of Holdings 878 1 18149 20.18%
Net Assets in Top 10 300 M -812 M 22.2 B 27.77%
Weighting of Top 10 9.94% 2.5% 100.0% 86.02%

Top 10 Holdings

  1. United States Treasury Notes 2.88% 1.44%
  2. United States Treasury Notes 0.5% 1.43%
  3. United States Treasury Notes 1.5% 1.42%
  4. United States Treasury Notes 2.75% 1.28%
  5. United States Treasury Notes 1.62% 0.98%
  6. United States Treasury Notes 2.62% 0.93%
  7. United States Treasury Notes 0.38% 0.69%
  8. Goldman Sachs Group, Inc. 2.9% 0.60%
  9. CVS Health Corp 3.7% 0.59%
  10. Bank of America Corporation 4.2% 0.58%

Asset Allocation

Weighting Return Low Return High EFIPX % Rank
Bonds
92.01% 74.69% 199.79% 81.10%
Cash
5.69% -128.23% 24.02% 24.68%
Convertible Bonds
2.30% 0.00% 9.66% 10.43%
Stocks
0.00% -0.53% 21.06% 51.91%
Preferred Stocks
0.00% -0.14% 22.02% 55.25%
Other
0.00% -9.26% 29.30% 49.36%

Bond Sector Breakdown

Weighting Return Low Return High EFIPX % Rank
Corporate
64.53% 0.00% 99.66% 7.06%
Securitized
20.36% 0.00% 97.53% 36.10%
Government
8.94% -2.21% 100.00% 43.23%
Cash & Equivalents
5.69% -26.49% 69.70% 28.40%
Municipal
0.49% 0.00% 100.11% 64.08%
Derivative
0.00% -0.83% 19.83% 53.87%

Bond Geographic Breakdown

Weighting Return Low Return High EFIPX % Rank
US
78.88% 49.78% 199.79% 89.11%
Non US
13.13% -12.10% 39.65% 14.01%

Expenses

EFIPX - Expenses

Operational Fees

EFIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.01% 34.57% 79.38%
Management Fee 0.30% 0.00% 1.60% 26.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

EFIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

EFIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

EFIPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 0.00% 496.90% 38.99%

Distributions

EFIPX - Distributions

Dividend Yield Analysis

EFIPX Category Low Category High EFIPX % Rank
Dividend Yield 0.00% 0.00% 3.90% 48.72%

Dividend Distribution Analysis

EFIPX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

EFIPX Category Low Category High EFIPX % Rank
Net Income Ratio 2.47% -0.81% 6.02% 51.33%

Capital Gain Distribution Analysis

EFIPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

Dividend Payout History

View More +

Fund Manager Analysis

EFIPX - Fund Manager Analysis

Managers

Robert Galusza


Start Date

Tenure

Tenure Rank

Jul 01, 2009

11.09

11.1%

Rob Galusza is a portfolio manager in the Fixed Income division at Fidelity Management & Research Company (FMR Co.), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Before joining Fidelity in 1987, Mr. Galusza was an international underwriter at Chubb and Son Inc. In this capacity, he performed risk analysis on international corporations. He has been in the insurance and investments industries since 1985. Mr. Galusza earned his bachelor of science degree in finance, with concentrations in investments and marketing, from Babson College and his master of science in finance degree from Boston College’s Carroll School of Management.

David Prothro


Start Date

Tenure

Tenure Rank

Oct 30, 2013

6.76

6.8%

David Prothro is a portfolio manager in the Fixed Income division at Fidelity Investments. In this role, Mr. Prothro co-manages Fidelity and Advisor Corporate Bond Fund, Fidelity and Advisor Limited Term Bond Fund, Fidelity Corporate Bond ETF, Fidelity Limited Term Bond ETF, and various institutional portfolios for U.S. and non-U.S. investors. Mr. Prothro earned his bachelor of science degree in economics from Wake Forest University and his master of business administration degree in finance from the University of Texas at Austin. He is also a CFA® charterholder.

David DeBiase


Start Date

Tenure

Tenure Rank

Nov 01, 2018

1.75

1.8%

Dave DeBiase is a portfolio manager in the Fixed Income division at Fidelity Management & Research Company (FMR Co.), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Since joining Fidelity Investments in 2006, Mr. DeBiase has worked as a trader and portfolio manager. Before joining Fidelity in 2006, he worked as a senior structured products analyst at Standish Mellon Asset Management. He has been in the investment industry since 2000. Mr. DeBiase earned his bachelor of business science degree in accounting from Bentley College and his master of business administration degree from Boston College. He is also a CFA charterholder and a board member of the Hamilton Wenham Edfund, which provides grants to promote educational excellence within the Hamilton Wenham school district.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.69 7.46 0.58