FBAPX

About FBAPX

Fidelity Advisor Tactical Bond Fund – Class Z is a mutual fund classified within the multisector bond category, designed to pursue a high level of current income as its primary objective. Managed by Fidelity since its inception in February 2022, the fund allocates at least 80% of its assets across a broad spectrum of debt securities, encompassing both U.S. dollar-denominated and non-dollar-denominated bonds, and may also invest in repurchase agreements tied to these securities. Its portfolio typically includes holdings from diverse sectors, such as investment-grade corporate bonds, securitized assets, and government debt, spread across domestic and international markets. With over 90 individual holdings and net assets exceeding $50 million, the fund emphasizes flexibility in response to shifting market conditions, enabling active sector and issuer selection. The Class Z share class is tailored for eligible investors and is distinguished by a competitive expense ratio. Dividend distributions are paid monthly, contributing to its appeal for those seeking regular income. Overall, the fund plays a notable role in the fixed-income market by offering strategic, multi-sector exposure designed to adapt to evolving interest rate and credit environments.