Fidelity Advisor Strategic Dividend & Income Fund Class A
FASDX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Dec 24, 2003
- CIK
- 0000035315
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor Strategic Dividend & Income Fund Class A (FASDX) is an open-end mutual fund managed by Fidelity Management & Research Company (FMRCo) that seeks reasonable income with consideration for capital appreciation potential. The fund normally invests at least 80% of its assets in equity securities, employing a strategic allocation of approximately 50% dividend-paying common stocks, 15% real estate investment trusts (REITs) and other real estate-related investments, 15% convertible securities, and 20% preferred stocks; it emphasizes equities that provide current dividends and exhibit potential for capital appreciation, often leading to value-oriented investments in domestic and foreign issuers across large-cap market segments. Share classes include Class A (FASDX, with 5.75% front-end load and 0.92% net expense ratio), Class C (FCSDX), Class M (FTSDX), Class I (FSIDX), and Class Z (FIQWX), all part of the broader Fidelity Strategic Dividend & Income Fund structure. Launched on December 23, 2003, and domiciled in the United States with headquarters aligned to Fidelity Investments at 245 Summer Street, Boston, Massachusetts, the fund operates primarily in U.S. markets while including non-U.S. stocks (approximately 8.76% allocation), bonds, and cash equivalents; total net assets stand at $5.30 billion, with the Class A share class at $985.07 million as of recent data. The portfolio targets moderately aggressive allocation within the Morningstar category, featuring top sectors such as real estate (14.47%), healthcare (7.69%), and consumer defensive (7.44%), with leading holdings including Exxon Mobil Corp. (2.71%), Procter & Gamble Co. (2.32%), and AbbVie Inc. (2.15%). In portfolio management updates within the last two years, Parikshit Gandhi joined as co-manager effective January 1, 2024, alongside established co-lead managers Adam Kramer (since 2007, co-manager role adjusted), Ford O'Neil (since 2012), and co-managers Ramona Persaud (since 2017) and Brian Chang (since 2017); these enhancements support the fund's focus amid a 38% turnover rate as of May 2025. The fund maintained its strategic asset allocation amid market volatility, delivering year-to-date returns of 10.31% for Class A NAV as of September 30, 2025, with a 30-day SEC yield of approximately 2.19% for Class I shares, reflecting no major reorganizations, acquisitions, or product launches but consistent performance relative to the S&P 500 benchmark and Fidelity Strategic Dividend & Income Composite. Available for sale in the United States with a minimum initial investment of $0, the fund caters to income-oriented investors through daily pricing and brokerage platforms provided by Fidelity Brokerage Services LLC.