Submitted by: Submitted by masasa9001
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Category: Business and Industry
Date Submitted: 11/10/2014 07:16 AM
Erik Brunskog
Team 4; Multi-Sector
Fidelity Strategic Income (FSICX)
Summary Information
Prospectus Objective: Multisector Bond
Fund Size (in millions): 8400 | Inception Date: 5/1/1998 |
Net Expense Ratio (Prospectus): .69% | Turnover: 135 % |
Primary Prospectus Benchmark: BofAML US HY Master II Constnd TR USD
Portfolio Summary
Average Effective Duration: 4.74 | Average Effective Maturity:- |
SEC Yield: 3.41 % | 12 Month (TTM) Yield: 3.75% |
Investment Grade (% assets in BBB and above): 50.59%
% in top 10 holdings:16.16% | # of bonds owned:597 | # of bonds shorted:- |
Rating | AAA | AA | A | BBB | BB | B | Below B | Not Rated |
% of assets | 31.99 | 4.95 | 1.2 | 12.45 | 17.12 | 20.74 | 7.97 | 3.51 |
Credit Rating Breakdown:
Sector Breakdown:
Sector/class | % of assets | Sector/class | % of assets |
U.S. gov’t & agency | 25.17 | Non-agency residential MBS | .14 |
Non-U.S. gov’t | 32.1 | Commercial MBS | 0 |
Other gov’t-related | 5.66 | Asset-backed | 1.75 |
Corporate | 12.73 | Municipal | 0 |
Agency MBS | 11.96 | Cash | 10.19 |
Total Return Comparison to Barclay’s US Agg
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | YTD |
+/- US Agg | -1.56 | -16.61 | 25.84 | 3.37 | -3.2 | 6.67 | 2.4 | .89 |
MPT Statistics: (3 yr, vs. Standard Index) | | | Sharpe (3yr) |
| R2 | βeta | Alpha | Treynor | | Your Fund | 1.12 |
Your Fund | 20.51 | .74 | 2.49 | 7.05 | | US Agg | 1.29 |
Category | 15.99 | .57 | 3.5 | 10.03 | | Category | 1.15 |
Correlations with existing fund & US Agg (over 2 years: 1/1/2012 – 12/31/2013)
AGDYX | FKSAX | PONDX | TGBAX | VFIJX | VWEAX | VBTSX | | US Agg |
.97 | .95 | .77 | .85 | .46 | .98 | .94 | | .57 |
Country Breakdown (only for funds investing internationally):
Country | % of assets | Country | % of assets |
1.United States | 47.36 | 6. Mexico | 2.63 |
2. Italy | 5.47 | 7. Venezuela | 2.39 |
3. Japan | 4.4 | 8. Indonesia | 2.25 |
4. United Kingdom |...