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FKMRAX

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1d
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Analysis and statistics

  • Open
    190.1642$
  • Previous Close
    190.1642$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

FKMRAX.US is the ticker symbol for the Fidelity Advisor Strategic Income Fund Class A. It is a mutual fund managed by Fidelity Investments that seeks to maximize income and, secondarily, capital appreciation by investing in a diversified portfolio of fixed-income securities of varying maturities. The fund primarily invests in U.S. government and investment-grade corporate bonds but also has the flexibility to invest in high-yield bonds (also known as "junk bonds"), emerging market debt, and other types of fixed-income instruments. The fund's performance is subject to market risk, interest rate risk, credit risk, and risks associated with its investments in lower-rated securities. Investors should carefully consider the fund's investment objectives, risks, and charges and expenses before investing.
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Factors

The number of sections should be equal to the number of Factors affecting the price of FKMRAX.US. Market Interest Rates: Rising interest rates typically decrease bond fund values, including FKMRAX.US, as newer bonds offer higher yields, making older bonds less attractive.

Credit Risk: Changes in the creditworthiness of the bond issuers within FKMRAX.US affect its price; downgrades increase risk and lower value.

Inflation Expectations: Higher inflation erodes bond values as future payments are worth less; bond yields rise to compensate, decreasing FKMRAX.US price.

Economic Growth: Strong economic growth can lead to higher interest rates and inflation, negatively affecting bond values and thus FKMRAX.US.

Fund Management: The skill of the fund managers in selecting and managing bonds within FKMRAX.US influences its performance and perceived value.

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