Fidelity Advisor Strategic Dividend & Income Fund Class C
FCSDX
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 C (FCSDX) is an open-end mutual fund that seeks reasonable income with consideration for capital appreciation. The fund normally invests at least 80% of its assets in equity securities, utilizing a strategic allocation of approximately 50% dividend-paying common stocks, 20% preferred stocks, 15% real estate investment trusts (REITs) and other real estate-related investments, and 15% convertible securities; it focuses on value stocks from domestic and foreign issuers that provide current dividends and potential for capital growth. Assets are diversified across sectors including real estate (14.62%), healthcare (8.20%), technology (7.56%), industrials (7.20%), and consumer defensive (7.12%), with primary exposure to U.S. stocks (60.44%), non-U.S. stocks (8.81%), and other categories comprising the remainder. Launched on December 23, 2003, and domiciled in the United States, the fund is available primarily to U.S. investors through broker-dealers, with a net expense ratio of 1.67%, a 1.00% deferred load, and no minimum initial investment. It is managed by a team at Fidelity Investments, including Adam Kramer (since August 31, 2007), Ford O'Neil (since June 15, 2012), Ramona Persaud (since April 30, 2017), Brian Chang (since September 8, 2017), and Parikshit Gandhi (since January 1, 2024). The Class C share class has net assets of approximately $110.20 million within the broader fund complex totaling $5.35 billion. Recent developments include the appointment of Parikshit Gandhi as a portfolio manager effective January 1, 2024, enhancing the team's expertise in dividend-focused strategies amid ongoing portfolio management continuity at Fidelity Investments. The fund maintains its moderately aggressive allocation profile in the Morningstar Moderately Aggressive Allocation category, with large-cap value stock emphasis and moderate interest-rate sensitivity in its bond components. No major acquisitions, partnerships, funding rounds, or structural reorganizations have been reported for the fund in the last 1-2 years.