Fidelity Advisor Multi-Asset Income Fund - Fidelity Multi-Asset Income Fund
FMSDX
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
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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
- Feb 26, 2018
- CIK
- 0000215829
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor Multi-Asset Income Fund (Class A; ticker: FMSDX) and Fidelity Multi-Asset Income Fund (ticker: FMSAX for Institutional Class, among others) are actively managed mutual funds offered by Fidelity Investments that seek high current income with capital appreciation as a secondary objective. The funds allocate assets across a diversified mix of fixed-income securities, dividend-paying equities, high yield bonds, floating rate loans, and emerging market debt instruments; they employ a flexible, multi-sector strategy emphasizing income generation from investment-grade bonds, high-yield debt, convertible securities, and preferred stocks, supplemented by up to 20-30% in equities for growth potential. Fidelity Investments, founded in 1946 and headquartered in Boston, Massachusetts, serves as the investment manager, with the funds targeting income-oriented investors including individuals, institutions, and financial advisors across the United States and select international markets. The funds maintain a global footprint, investing in securities from U.S., developed international, and emerging markets, with primary operations regulated under U.S. securities laws. Core offerings include multiple share classes (A, C, I, Z) with varying expense ratios and minimum investments, providing retail and institutional access to a benchmark-agnostic portfolio managed by a dedicated team led by portfolio managers such as Ford O'Neil and Thomas Silvia. No major acquisitions, funding rounds, or name changes have occurred within the last 1-2 years; however, Fidelity Investments announced strategic enhancements in 2024, including expanded index fund lineups and fee reductions on certain equity and fixed-income funds to improve competitiveness amid market volatility. Recent portfolio adjustments reflect a tilt toward short-duration bonds and defensive sectors in response to interest rate shifts, alongside the launch of complementary ETFs mirroring similar multi-asset income strategies in late 2024.