Fidelity Advisor Strategic Dividend & Income Fund Class M
FTSDX
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 M (FTSDX) is an open-end mutual fund managed by Fidelity Investments that seeks reasonable income and potential capital appreciation. The fund normally invests at least 80% of its assets in a diversified mix of equity securities, including approximately 50% common stocks, 15% real estate investment trusts (REITs) and other real estate-related investments, 15% convertible securities, and 20% preferred stocks, with a focus on dividend-paying value stocks from domestic and foreign issuers. It operates within the moderately aggressive allocation category, emphasizing large-cap value equities and mid-credit quality bonds with moderate interest-rate sensitivity, and is available primarily to U.S. investors through various share classes. Launched on December 23, 2003, the fund is domiciled in the United States with Fidelity Investments headquartered in Boston, Massachusetts, and maintains total net assets of approximately $5.35 billion across classes as of recent reports. Class M shares carry a net expense ratio of 1.17%, a 3.50% front-end load, and quarterly dividend distributions yielding around 4.41% trailing twelve months. Portfolio turnover stands at 36%, with top holdings including Prologis Inc., Equinix Inc., and AbbVie Inc. in real estate, healthcare, and technology sectors. Recent developments include the appointment of Parikshit Gandhi as co-portfolio manager on January 1, 2024, overseeing preferred and convertible securities alongside a team that includes Adam Kramer, Ford O'Neil, Ramona Persaud, and Brian Chang. In the fourth quarter of 2024, the fund increased its convertible securities exposure by reducing preferred securities holdings to capitalize on favorable new issuance terms. No major mergers, acquisitions, or strategic alliances specific to FTSDX were reported in the last 1-2 years, though Fidelity broadly pursued fund consolidations in related equity income strategies during 2024-2025.