Morningstar

Fidelity Advisor Short-Term Bond Fund - Class M FBNTX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FBNTX

Will FBNTX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBNTX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FBNTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FBNTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A dim but steady light in volatile markets.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

Fidelity Advisor Short Term Bond is a trusted option for downside protection, but its cautious approach has hindered the fund’s competitiveness over the long run, leading to a Process Pillar rating downgrade to Average from Above Average.

by Saraja Samant
Rated on Published on

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