FBKWX – Fidelity Advisor Total Bond Z Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income. The fund normally invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. The Bloomberg U.S. Aggregate Bond Index as a guide in structuring the fund and selecting its investments. It may invest up to 20% of assets in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FTBFX	Fidelity Total Bond Fund	No Load	Open			Oct 15, 2002	$16.09B	0.450%	Below Average	$0	$86.01M
FEPIX	Fidelity Advisor Total Bond Fund - Class I	Institutional	Open			Jun 16, 2004	$10.66B	0.500%	Above Average	$0	−$499.76M
FBKWX	Fidelity Advisor Total Bond Fund - Class Z	Institutional	Open			Dec 22, 2014	$11.81B	0.360%	Low	$0	$384.45M
FEPAX	Fidelity Advisor Total Bond Fund - Class A	Front Load	Open			Jun 16, 2004	$1.04B	0.750%	Average	$0	−$10.14M
FEPTX	Fidelity Advisor Total Bond Fund - Class M	Front Load	Open			Jun 16, 2004	$270.22M	0.750%	Average	$0	−$28.73M
FCEPX	Fidelity Advisor Total Bond Fund - Class C	Level Load	Open			Jun 16, 2004	$106.62M	1.510%	Above Average	$0	−$20.59M

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