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Fidelity Strategic Income Fund Series A
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-14-2026) |
$10.35 |
|---|---|
| Change |
-$0.05
(-0.47%)
|
As at July 31, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (May 06, 2015): 3.78%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | -1.82% | 2.84% | 2.92% | 2.59% | 4.98% | 5.60% | 7.59% | 6.77% | 3.64% | 2.79% | 2.85% | 3.31% | 3.46% | 3.11% |
| Benchmark | -1.95% | 2.16% | 1.94% | 1.68% | 3.75% | 4.85% | 6.76% | 5.64% | 1.63% | 0.56% | 1.88% | 2.57% | 2.72% | 2.22% |
| Category Average | -0.89% | -0.13% | -0.37% | 0.05% | 2.69% | 3.51% | 4.45% | - | - | - | - | - | - | - |
| Category Rank | 307 / 321 | 12 / 321 | 12 / 317 | 22 / 316 | 41 / 314 | 41 / 284 | 33 / 273 | 28 / 273 | 37 / 254 | 95 / 238 | 86 / 220 | 71 / 204 | 54 / 179 | 65 / 155 |
| Quartile Ranking | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.23% | 2.21% | 1.34% | -0.06% | -1.38% | -0.32% | 0.96% | 0.22% | -1.09% | 1.83% | 2.86% | -1.82% |
| Benchmark | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% | 1.62% | 2.52% | -1.95% |
Best Monthly Return Since Inception
4.64% (July 2015)
Worst Monthly Return Since Inception
-5.35% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.77% | -0.46% | 4.93% | 4.21% | 2.07% | 0.75% | -5.84% | 5.42% | 12.78% | 3.18% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | 3 | 4 | 1 | 4 | 4 | 2 | 1 | 4 | 1 | 4 |
| Category Rank | 84/ 119 | 149/ 166 | 19/ 192 | 186/ 213 | 198/ 234 | 121/ 247 | 37/ 255 | 231/ 273 | 15/ 282 | 275/ 299 |
Best Calendar Return (Last 10 years)
12.78% (2024)
Worst Calendar Return (Last 10 years)
-5.84% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 50.61 |
| Foreign Government Bonds | 38.55 |
| Cash and Equivalents | 8.24 |
| US Equity | 1.09 |
| Foreign Bonds - Other | 0.68 |
| Other | 0.83 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 90.70 |
| Cash and Cash Equivalent | 8.24 |
| Utilities | 0.27 |
| Energy | 0.14 |
| Financial Services | 0.08 |
| Other | 0.57 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 79.72 |
| Europe | 7.78 |
| Latin America | 5.17 |
| Africa and Middle East | 3.51 |
| Asia | 3.41 |
| Other | 0.41 |
Top Holdings
| Name | Percent |
|---|---|
| Fidelity U.S. Money Market Investment Trust O | - |
| USTN 3.50% 15-Mar-2029 | - |
| Fidelity Canadian Money Market Investment Trust O | - |
| United States Treasury 1.13% 31-Aug-2028 | - |
| USTN 3.88% 15-Jul-2028 | - |
| EchoStar Corp 10.75% 30-Nov-2029 | - |
| United States Treasury 4.25% 31-Jan-2030 | - |
| USTN 4.13% 30-Apr-2033 | - |
| USTN 4.13% 31-May-2031 | - |
| USTB 4.63% 15-Nov-2055 | - |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Fidelity Strategic Income Fund Series A
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 4.90% | 5.28% | 5.69% |
|---|---|---|---|
| Beta | 0.88 | 0.74 | 0.79 |
| Alpha | 0.02 | 0.02 | 0.01 |
| Rsquared | 0.73% | 0.72% | 0.69% |
| Sharpe | 0.82 | 0.14 | 0.23 |
| Sortino | 1.37 | 0.18 | 0.05 |
| Treynor | 0.05 | 0.01 | 0.02 |
| Tax Efficiency | 79.97% | 62.62% | 57.68% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.08% | 4.90% | 5.28% | 5.69% |
| Beta | 0.94 | 0.88 | 0.74 | 0.79 |
| Alpha | 0.01 | 0.02 | 0.02 | 0.01 |
| Rsquared | 0.91% | 0.73% | 0.72% | 0.69% |
| Sharpe | 0.53 | 0.82 | 0.14 | 0.23 |
| Sortino | 0.66 | 1.37 | 0.18 | 0.05 |
| Treynor | 0.03 | 0.05 | 0.01 | 0.02 |
| Tax Efficiency | 68.12% | 79.97% | 62.62% | 57.68% |
Fund Details
| Start Date | May 06, 2015 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| FID2712 | ||
| FID2713 | ||
| FID2714 |
Investment Objectives
The Fund aims to achieve a combination of a high level of current income and the potential for capital gains. The Fund invests primarily in fixed income securities of U.S. issuers and other issuers from around the world. Fixed income securities may include investment grade fixed income securities, higher yielding lower quality fixed income securities, senior secured floating rate debt obligations, emerging markets debt securities, convertible securities, asset-backed securities,
Investment Strategy
To meet the Fund’s objectives, the portfolio management team: Follows a neutral mix guideline of approximately 45% higher yielding lower quality fixed income securities, 25% U.S. government and investment grade fixed income securities, 15% emerging markets debt securities, and 15% foreign developed markets securities. Depending on market conditions, may vary the asset mix by up to +/-10% from the neutral mix if it believes this produces the best overall return.
Portfolio Management
| Portfolio Manager |
Fidelity Investments Canada ULC
|
|---|---|
| Sub-Advisor |
Fidelity Management & Research Company LLC |
Management and Organization
| Fund Manager |
Fidelity Investments Canada ULC |
|---|---|
| Custodian |
State Street Trust Company Canada |
| Registrar |
Fidelity Investments Canada ULC |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 25 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.78% |
|---|---|
| Management Fee | 1.45% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 6.00% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.50% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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