FASDX

About FASDX

Fidelity Advisor Strategic Dividend & Income Fund Class A is a diversified mutual fund designed to generate reasonable income while also seeking potential capital appreciation. Its primary goal is to provide investors with a steady income stream by investing at least 80% of its assets in equity securities, with a strategic mix that includes approximately 50% in dividend-paying common stocks, 20% in preferred stocks, 15% in real estate investment trusts (REITs) and other real estate-related investments, and 15% in convertible securities. This asset allocation enables the fund to harness the income-generating characteristics of equities while diversifying across sectors such as energy, consumer defensive, real estate, healthcare, and technology. Managed by a team of experienced portfolio managers, the fund invests in both domestic and foreign issuers, emphasizing securities that offer current dividends and the potential for long-term growth. Its approach typically results in a tilt toward value-oriented investments, appealing to investors seeking a lower volatility profile while aiming for growing income compared to traditional bond strategies. Launched in 2003, this fund holds a significant position in the moderately aggressive allocation category, reflecting its balanced blend of income and growth assets.