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Trending ETFs

Name

As of 06/01/2026

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

$16.65

$3.65 B

0.00%

1.11%

Vitals

YTD Return

7.6%

1 yr return

20.8%

3 Yr Avg Return

12.7%

5 Yr Avg Return

6.6%

Net Assets

$3.65 B

Holdings in Top 10

40.9%

52 WEEK LOW AND HIGH

$16.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.11%

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 06/01/2026

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

$16.65

$3.65 B

0.00%

1.11%

FAZYX - Profile

Distributions

  • YTD Total Return 7.6%
  • 3 Yr Annualized Total Return 12.7%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.37%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

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 at least 80% of assets in a combination of debt securities and income-producing equity securities. Debt securities are used by issuers to borrow money. The issuer usually pays a fixed, variable, or floating rate of interest, and must repay the amount borrowed, usually at the maturity of the security. Debt securities include corporate bonds, government securities (including Treasury securities), repurchase agreements, money market securities, mortgage and other asset-backed securities, loans and loan participations, and other securities, such as hybrids and synthetic securities, believed to have debt-like characteristics (e.g., securities classified as Tier 2 Regulatory capital, securities that rank above share capital in an insolvency waterfall, securities with maturity dates and non-cancellable interest payment structures).  Equity securities represent an ownership interest, or the right to acquire an ownership interest, in an issuer. Equity securities include common stocks (including depositary receipts evidencing ownership of common stock), preferred stocks and other preferred securities, convertible securities, rights and warrants, and other securities, such as hybrid securities and trust preferred securities, believed to have equity-like characteristics. Income-producing equity securities are equity securities that pay, or are expected to pay within the next three months, dividends or interest. Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. 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.
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FAZYX - Performance

Return Ranking - Trailing

Period FAZYX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -4.4% 17.8% 35.31%
1 Yr 20.8% -10.5% 36.4% 19.94%
3 Yr 12.7%* 2.1% 31.5% 64.54%
5 Yr 6.6%* 0.8% 14.2% 47.57%
10 Yr 9.1%* 2.2% 15.8% 28.08%

* Annualized

Return Ranking - Calendar

Period FAZYX Return Category Return Low Category Return High Rank in Category (%)
2025 9.7% -14.9% 24.6% 19.18%
2024 5.8% -23.4% 70.5% 53.88%
2023 7.0% -12.2% 23.9% 76.26%
2022 -16.7% -34.7% 0.0% 30.53%
2021 14.0% -11.9% 18.1% 3.04%

Total Return Ranking - Trailing

Period FAZYX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% -4.4% 17.8% 35.31%
1 Yr 20.8% -10.5% 36.4% 19.94%
3 Yr 12.7%* 2.1% 31.5% 64.54%
5 Yr 6.6%* 0.8% 14.2% 47.57%
10 Yr 9.1%* 2.2% 15.8% 28.08%

* Annualized

Total Return Ranking - Calendar

Period FAZYX Return Category Return Low Category Return High Rank in Category (%)
2025 14.2% -2.6% 28.8% 41.25%
2024 10.0% -0.3% 72.2% 64.54%
2023 11.5% -5.2% 26.8% 76.72%
2022 -13.2% -29.0% 10.9% 34.11%
2021 17.8% -3.0% 27.3% 7.85%

NAV & Total Return History


FAZYX - Holdings

Concentration Analysis

FAZYX Category Low Category High FAZYX % Rank
Net Assets 3.65 B 945 K 279 B 26.29%
Number of Holdings 334 2 16027 29.05%
Net Assets in Top 10 1.32 B 921 K 72.8 B 37.00%
Weighting of Top 10 40.90% 10.3% 117.9% 58.26%

Top 10 Holdings

  1. UNITED STATES TREASURY BOND 1.875% 02/15/2051 9.28%
  2. UNITED STATES TREASURY BOND 1.25% 05/15/2050 9.27%
  3. Fidelity Securities Lending Cash Central Fund 4.12%
  4. STRATEGY INC 9%/VAR PERP PFD 2.98%
  5. STRATEGY INC SER A 10% PERP PFD 2.94%
  6. ECHOSTAR CORP CPIK VAR 11/30/2030 2.70%
  7. ALPHABET INC CL A 2.53%
  8. DHT HOLDINGS INC 2.42%
  9. INTERNATIONAL SEAWAYS INC 2.33%
  10. TRANSALTA CORP 2.32%

Asset Allocation

Weighting Return Low Return High FAZYX % Rank
Stocks
49.40% 0.00% 100.04% 85.93%
Bonds
41.43% 0.00% 77.59% 6.12%
Convertible Bonds
11.20% 0.00% 23.84% 1.23%
Preferred Stocks
8.37% 0.00% 24.85% 2.60%
Cash
4.65% -7.92% 100.00% 22.02%
Other
-0.16% -40.95% 100.30% 98.47%

Stock Sector Breakdown

Weighting Return Low Return High FAZYX % Rank
Technology
17.12% 0.00% 44.21% 66.15%
Real Estate
12.96% 0.00% 65.01% 5.87%
Communication Services
10.34% 0.00% 38.10% 6.49%
Industrials
10.33% 0.00% 24.37% 44.98%
Energy
9.95% 0.00% 85.65% 8.04%
Consumer Cyclical
9.50% 0.00% 19.36% 55.18%
Healthcare
8.65% 0.00% 29.35% 89.49%
Basic Materials
7.66% 0.00% 25.57% 4.95%
Utilities
7.18% 0.00% 99.55% 8.04%
Financial Services
4.91% 0.00% 38.77% 96.29%
Consumer Defense
1.40% 0.00% 15.14% 95.52%

Stock Geographic Breakdown

Weighting Return Low Return High FAZYX % Rank
US
41.89% 0.00% 100.04% 85.32%
Non US
7.51% 0.00% 31.55% 8.26%

Bond Sector Breakdown

Weighting Return Low Return High FAZYX % Rank
Corporate
70.93% 0.00% 98.21% 7.55%
Government
26.00% 0.00% 97.26% 57.78%
Cash & Equivalents
4.65% 0.00% 99.92% 21.87%
Securitized
0.01% 0.00% 92.13% 87.06%
Municipal
0.00% 0.00% 24.80% 71.80%
Derivative
-0.16% -7.86% 18.27% 96.48%

Bond Geographic Breakdown

Weighting Return Low Return High FAZYX % Rank
US
39.13% 0.00% 77.59% 10.70%
Non US
2.30% 0.00% 19.00% 4.74%

FAZYX - Expenses

Operational Fees

FAZYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% 0.04% 20.46% 40.49%
Management Fee 0.69% 0.00% 1.83% 84.80%
12b-1 Fee 0.25% 0.00% 1.00% 26.51%
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% 82.08%
Deferred Load N/A 1.00% 4.00% 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% 0.83% 273.00% 92.28%

FAZYX - Distributions

Dividend Yield Analysis

FAZYX Category Low Category High FAZYX % Rank
Dividend Yield 0.00% 0.00% 17.90% 17.48%

Dividend Distribution Analysis

FAZYX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Monthly

Net Income Ratio Analysis

FAZYX Category Low Category High FAZYX % Rank
Net Income Ratio 2.37% -2.34% 13.92% 10.45%

Capital Gain Distribution Analysis

FAZYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually 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 6.53 2.41