Source: Kiplinger
This article was originally published on Kiplinger – https://www.kiplinger.com/
Symbol: FSICX
Expense Ratio: 0.69%
Fidelity Strategic Income balances higher quality, investment-grade bonds with junkier, higher-yielding bonds to deliver protection in down markets and more income than the bonds in the Bloomberg Barclays U.S. Aggregate Bond index.
Managers Ford O’Neil and Adam Kramer make the big-picture decisions and leave the bond picking to experts—other solid portfolio managers at Fidelity—in each bond subsector. Mark Notkin is Strategic Income’s high-yield guru, for instance, Eric Mollenhauer selects floating-rate bank loans and Franco Castagliuolo specializes in government debt.
See Kiplinger 25 at a Glance for the complete list of our favorite no-load mutual funds.
Visit Kiplinger’s Model Portfolios for three examples of how you can put Kiplinger 25 funds to work.
And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.
