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FADMX
Mutual Fund ticker: NASDAQ
AS OF
Jul 21 closing price
Price
$11.86
Change
+$0.02 (+0.17%)
Net Assets
14.66B

FADMX Fidelity Strategic Income Forecast, Technical & Fundamental Analysis

The investment seeks a high level of current income; it may also seek capital appreciation... Show more

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A.I.Advisor
published Highlights

Industry description

The investment seeks a high level of current income; it may also seek capital appreciation. The fund invests primarily in debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). It allocates the fund's assets among four general investment categories: high yield securities, U.S. government and investment-grade securities, emerging market securities, and foreign developed market securities.
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A.I. Advisor
published General Information

General Information

Category MultisectorBond

Profile
Fundamentals
Details
Category
Multisector Bond
Address
Fidelity Advisor Series II82 Devonshire StreetBoston
Phone
N/A
Web
www.institutional.fidelity.com
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FADMX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, FADMX has been closely correlated with PIINX. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if FADMX jumps, then PIINX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To FADMX
1D Price
Change %
FADMX100%
N/A
PIINX - FADMX
89%
Closely correlated
N/A
PIPNX - FADMX
77%
Closely correlated
N/A
PONPX - FADMX
52%
Loosely correlated
N/A
PONRX - FADMX
52%
Loosely correlated
N/A
PONCX - FADMX
52%
Loosely correlated
N/A
More