Fidelity Advisor Multi-Asset Income Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
7.7%
1 yr return
21.2%
3 Yr Avg Return
13.1%
5 Yr Avg Return
6.9%
Net Assets
$3.65 B
Holdings in Top 10
40.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.77%
SALES FEES
Front Load N/A
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 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FIWBX - Profile
Distributions
- YTD Total Return 7.7%
- 3 Yr Annualized Total Return 13.1%
- 5 Yr Annualized Total Return 6.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.69%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Advisor Multi-Asset Income Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateOct 02, 2018
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAdam Kramer
Fund Description
FIWBX - Performance
Return Ranking - Trailing
| Period | FIWBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.7% | -4.4% | 17.8% | 31.81% |
| 1 Yr | 21.2% | -10.5% | 36.4% | 17.81% |
| 3 Yr | 13.1%* | 2.1% | 31.5% | 57.99% |
| 5 Yr | 6.9%* | 0.8% | 14.2% | 41.94% |
| 10 Yr | N/A* | 2.2% | 15.8% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FIWBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 9.7% | -14.9% | 24.6% | 18.87% |
| 2024 | 5.7% | -23.4% | 70.5% | 55.56% |
| 2023 | 7.0% | -12.2% | 23.9% | 76.42% |
| 2022 | -16.6% | -34.7% | 0.0% | 29.75% |
| 2021 | 13.9% | -11.9% | 18.1% | 3.37% |
Total Return Ranking - Trailing
| Period | FIWBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.7% | -4.4% | 17.8% | 31.81% |
| 1 Yr | 21.2% | -10.5% | 36.4% | 17.81% |
| 3 Yr | 13.1%* | 2.1% | 31.5% | 57.99% |
| 5 Yr | 6.9%* | 0.8% | 14.2% | 41.94% |
| 10 Yr | N/A* | 2.2% | 15.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FIWBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 14.6% | -2.6% | 28.8% | 35.46% |
| 2024 | 10.3% | -0.3% | 72.2% | 59.51% |
| 2023 | 11.8% | -5.2% | 26.8% | 73.20% |
| 2022 | -12.9% | -29.0% | 10.9% | 32.09% |
| 2021 | 18.2% | -3.0% | 27.3% | 6.41% |
NAV & Total Return History
FIWBX - Holdings
Concentration Analysis
| FIWBX | Category Low | Category High | FIWBX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.65 B | 945 K | 279 B | 26.60% |
| Number of Holdings | 334 | 2 | 16027 | 29.36% |
| Net Assets in Top 10 | 1.32 B | 921 K | 72.8 B | 37.31% |
| Weighting of Top 10 | 40.90% | 10.3% | 117.9% | 58.56% |
Top 10 Holdings
- UNITED STATES TREASURY BOND 1.875% 02/15/2051 9.28%
- UNITED STATES TREASURY BOND 1.25% 05/15/2050 9.27%
- Fidelity Securities Lending Cash Central Fund 4.12%
- STRATEGY INC 9%/VAR PERP PFD 2.98%
- STRATEGY INC SER A 10% PERP PFD 2.94%
- ECHOSTAR CORP CPIK VAR 11/30/2030 2.70%
- ALPHABET INC CL A 2.53%
- DHT HOLDINGS INC 2.42%
- INTERNATIONAL SEAWAYS INC 2.33%
- TRANSALTA CORP 2.32%
Asset Allocation
| Weighting | Return Low | Return High | FIWBX % Rank | |
|---|---|---|---|---|
| Stocks | 49.40% | 0.00% | 100.04% | 86.24% |
| Bonds | 41.43% | 0.00% | 77.59% | 6.42% |
| Convertible Bonds | 11.20% | 0.00% | 23.84% | 1.54% |
| Preferred Stocks | 8.37% | 0.00% | 24.85% | 2.91% |
| Cash | 4.65% | -7.92% | 100.00% | 22.32% |
| Other | -0.16% | -40.95% | 100.30% | 98.78% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FIWBX % Rank | |
|---|---|---|---|---|
| Technology | 17.12% | 0.00% | 44.21% | 66.46% |
| Real Estate | 12.96% | 0.00% | 65.01% | 6.18% |
| Communication Services | 10.34% | 0.00% | 38.10% | 6.80% |
| Industrials | 10.33% | 0.00% | 24.37% | 45.29% |
| Energy | 9.95% | 0.00% | 85.65% | 8.35% |
| Consumer Cyclical | 9.50% | 0.00% | 19.36% | 55.49% |
| Healthcare | 8.65% | 0.00% | 29.35% | 89.80% |
| Basic Materials | 7.66% | 0.00% | 25.57% | 5.26% |
| Utilities | 7.18% | 0.00% | 99.55% | 8.35% |
| Financial Services | 4.91% | 0.00% | 38.77% | 96.60% |
| Consumer Defense | 1.40% | 0.00% | 15.14% | 95.83% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FIWBX % Rank | |
|---|---|---|---|---|
| US | 41.89% | 0.00% | 100.04% | 85.63% |
| Non US | 7.51% | 0.00% | 31.55% | 8.56% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FIWBX % Rank | |
|---|---|---|---|---|
| Corporate | 70.93% | 0.00% | 98.21% | 7.86% |
| Government | 26.00% | 0.00% | 97.26% | 58.09% |
| Cash & Equivalents | 4.65% | 0.00% | 99.92% | 22.17% |
| Securitized | 0.01% | 0.00% | 92.13% | 87.52% |
| Municipal | 0.00% | 0.00% | 24.80% | 86.44% |
| Derivative | -0.16% | -7.86% | 18.27% | 96.79% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FIWBX % Rank | |
|---|---|---|---|---|
| US | 39.13% | 0.00% | 77.59% | 11.01% |
| Non US | 2.30% | 0.00% | 19.00% | 5.05% |
FIWBX - Expenses
Operational Fees
| FIWBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.77% | 0.04% | 20.46% | 68.95% |
| Management Fee | 0.59% | 0.00% | 1.83% | 71.73% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| FIWBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| FIWBX 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.
| FIWBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 150.00% | 0.83% | 273.00% | 92.61% |
FIWBX - Distributions
Dividend Yield Analysis
| FIWBX | Category Low | Category High | FIWBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 17.90% | 14.59% |
Dividend Distribution Analysis
| FIWBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Monthly | Monthly |
Net Income Ratio Analysis
| FIWBX | Category Low | Category High | FIWBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.69% | -2.34% | 13.92% | 7.64% |
Capital Gain Distribution Analysis
| FIWBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 30, 2026 | $0.035 | OrdinaryDividend |
| Mar 31, 2026 | $0.052 | OrdinaryDividend |
| Feb 28, 2026 | $0.050 | OrdinaryDividend |
| Jan 31, 2026 | $0.035 | OrdinaryDividend |
| Dec 31, 2025 | $0.050 | OrdinaryDividend |
| Nov 28, 2025 | $0.049 | OrdinaryDividend |
| Oct 31, 2025 | $0.048 | OrdinaryDividend |
| Sep 30, 2025 | $0.066 | OrdinaryDividend |
| Aug 31, 2025 | $0.052 | OrdinaryDividend |
| Jul 31, 2025 | $0.040 | OrdinaryDividend |
| Jun 30, 2025 | $0.053 | OrdinaryDividend |
| May 31, 2025 | $0.069 | OrdinaryDividend |
| Apr 30, 2025 | $0.042 | OrdinaryDividend |
| Mar 31, 2025 | $0.054 | OrdinaryDividend |
| Feb 28, 2025 | $0.043 | OrdinaryDividend |
| Jan 31, 2025 | $0.034 | OrdinaryDividend |
| Dec 31, 2024 | $0.050 | OrdinaryDividend |
| Dec 18, 2024 | $0.009 | OrdinaryDividend |
| Nov 30, 2024 | $0.052 | OrdinaryDividend |
| Oct 31, 2024 | $0.037 | OrdinaryDividend |
| Sep 30, 2024 | $0.043 | OrdinaryDividend |
| Aug 31, 2024 | $0.054 | OrdinaryDividend |
| Jul 31, 2024 | $0.037 | OrdinaryDividend |
| Jun 30, 2024 | $0.045 | OrdinaryDividend |
| Apr 30, 2024 | $0.037 | OrdinaryDividend |
| Mar 31, 2024 | $0.046 | OrdinaryDividend |
| Feb 29, 2024 | $0.049 | OrdinaryDividend |
| Jan 31, 2024 | $0.040 | OrdinaryDividend |
| Dec 31, 2023 | $0.044 | OrdinaryDividend |
| Nov 30, 2023 | $0.055 | OrdinaryDividend |
| Oct 31, 2023 | $0.048 | OrdinaryDividend |
| Sep 30, 2023 | $0.045 | OrdinaryDividend |
| Aug 31, 2023 | $0.056 | OrdinaryDividend |
| Jul 31, 2023 | $0.045 | OrdinaryDividend |
| Jun 30, 2023 | $0.045 | OrdinaryDividend |
| May 31, 2023 | $0.056 | OrdinaryDividend |
| Apr 30, 2023 | $0.040 | OrdinaryDividend |
| Mar 31, 2023 | $0.043 | OrdinaryDividend |
| Feb 28, 2023 | $0.058 | OrdinaryDividend |
| Jan 31, 2023 | $0.041 | OrdinaryDividend |
| Dec 31, 2022 | $0.046 | OrdinaryDividend |
| Nov 30, 2022 | $0.050 | OrdinaryDividend |
| Oct 31, 2022 | $0.056 | OrdinaryDividend |
| Sep 30, 2022 | $0.046 | OrdinaryDividend |
| Aug 31, 2022 | $0.051 | OrdinaryDividend |
| Jul 31, 2022 | $0.039 | OrdinaryDividend |
| Jun 30, 2022 | $0.039 | OrdinaryDividend |
| May 31, 2022 | $0.043 | OrdinaryDividend |
| Apr 30, 2022 | $0.028 | OrdinaryDividend |
| Mar 31, 2022 | $0.036 | OrdinaryDividend |
| Feb 28, 2022 | $0.034 | OrdinaryDividend |
| Feb 11, 2022 | $0.104 | CapitalGainLongTerm |
| Jan 31, 2022 | $0.026 | OrdinaryDividend |
| Dec 31, 2021 | $0.037 | OrdinaryDividend |
| Nov 30, 2021 | $0.048 | OrdinaryDividend |
| Oct 29, 2021 | $0.028 | OrdinaryDividend |
| Sep 30, 2021 | $0.042 | OrdinaryDividend |
| Aug 31, 2021 | $0.048 | OrdinaryDividend |
| Jul 30, 2021 | $0.031 | OrdinaryDividend |
| Jun 30, 2021 | $0.042 | OrdinaryDividend |
| May 28, 2021 | $0.047 | OrdinaryDividend |
| Apr 30, 2021 | $0.028 | OrdinaryDividend |
| Mar 31, 2021 | $0.043 | OrdinaryDividend |
| Feb 26, 2021 | $0.038 | OrdinaryDividend |
| Feb 05, 2021 | $0.035 | CapitalGainLongTerm |
| Jan 29, 2021 | $0.024 | OrdinaryDividend |
| Dec 31, 2020 | $0.034 | OrdinaryDividend |
| Nov 30, 2020 | $0.051 | OrdinaryDividend |
| Oct 30, 2020 | $0.024 | OrdinaryDividend |
| Sep 30, 2020 | $0.028 | OrdinaryDividend |
| Aug 31, 2020 | $0.066 | OrdinaryDividend |
| Jul 31, 2020 | $0.025 | OrdinaryDividend |
| Jun 30, 2020 | $0.046 | OrdinaryDividend |
| May 29, 2020 | $0.050 | OrdinaryDividend |
| Apr 30, 2020 | $0.027 | OrdinaryDividend |
| Mar 31, 2020 | $0.032 | OrdinaryDividend |
| Feb 28, 2020 | $0.038 | OrdinaryDividend |
| Feb 07, 2020 | $0.017 | CapitalGainLongTerm |
| Jan 31, 2020 | $0.019 | OrdinaryDividend |
| Dec 31, 2019 | $0.023 | OrdinaryDividend |
| Dec 20, 2019 | $0.007 | CapitalGainLongTerm |
| Nov 29, 2019 | $0.036 | OrdinaryDividend |
| Oct 31, 2019 | $0.028 | OrdinaryDividend |
| Sep 30, 2019 | $0.029 | OrdinaryDividend |
| Aug 30, 2019 | $0.031 | OrdinaryDividend |
| Jul 31, 2019 | $0.026 | OrdinaryDividend |
| Jun 28, 2019 | $0.027 | OrdinaryDividend |
| Dec 21, 2018 | $0.050 | CapitalGainLongTerm |
FIWBX - 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 |