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Name | Symbol | Market | Type |
---|---|---|---|
TGS ASA (QX) | USOTC:TGSGY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.64 | 6.59% | 10.35 | 9.45 | 10.35 | 10.35 | 9.64 | 9.995 | 5,204 | 21:10:12 |
Fidelity Advisor ® Intermediate Bond Fund
Class /Ticker |
||||
A /FDIAX |
T /FTBRX |
B /FIBBX |
C /FNBCX |
|
(To be renamed "Fidelity Advisor Limited Term Bond Fund" effective October 30, 2013)
Summary Prospectus
October 30, 2012
As Revised August 1, 2013
Fund
/Class:
Fidelity Advisor
®
Intermediate Bond Fund
/A, T, B, C
The fund seeks to provide a high rate of income.
The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.
You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the fund or certain other Fidelity funds. More information about these and other discounts is available from your investment professional and in the Fund Distribution section beginning on page 27 of the prospectus.
Shareholder fees
|
|||||||
|
Class A |
|
Class T |
|
Class B |
|
Class C |
Maximum sales charge (load) on purchases (as a % of offering price) |
2.75% |
|
2.75% |
|
None |
|
None |
Maximum contingent deferred sales charge (as a % of the lesser of original purchase price or redemption proceeds) |
None A |
|
None B |
|
3.00% C |
|
1.00% D |
A Purchases of $250,000 or more will not be subject to a front-end sales charge, but may be subject to a 0.50% contingent deferred sales charge (CDSC) if the intermediary has elected an upfront finder's fee at the time the shares are purchased, or a 0.75% CDSC if the shares purchased are recordkept in a Fidelity Advisor 401(k) Retirement Plan.
B Purchases of $250,000 or more will not be subject to a front-end sales charge but may be subject to a 0.25% CDSC if a finder's fee is paid at the time the shares are purchased.
C Declines over 3 years from 3.00% to 0%.
D On Class C shares redeemed less than one year after purchase.
Annual class operating expenses
(expenses that you pay each year as a % of the value of your investment)
|
Class A |
|
Class T |
|
Class B |
|
Class C |
Management fee |
0.32% |
|
0.32% |
|
0.32% |
|
0.32% |
Distribution and/or Service (12b-1) fees |
0.25% |
|
0.25% |
|
0.90% |
|
1.00% |
Other expenses |
0.26% |
|
0.23% |
|
0.33% |
|
0.25% |
Total annual operating expenses |
0.83% |
|
0.80% |
|
1.55% |
|
1.57% |
Summary Prospectus
This example helps compare the cost of investing in the fund with the cost of investing in other mutual funds.
Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated and if you hold your shares:
|
Class A |
Class T |
Class B |
Class C |
||||
|
Sell All
|
Hold
|
Sell All
|
Hold
|
Sell All
|
Hold
|
Sell All
|
Hold
|
1 year |
$ 357 |
$ 357 |
$ 354 |
$ 354 |
$ 458 |
$ 158 |
$ 260 |
$ 160 |
3 years |
$ 533 |
$ 533 |
$ 523 |
$ 523 |
$ 590 |
$ 490 |
$ 496 |
$ 496 |
5 years |
$ 723 |
$ 723 |
$ 707 |
$ 707 |
$ 761 |
$ 761 |
$ 855 |
$ 855 |
10 years |
$ 1,272 |
$ 1,272 |
$ 1,238 |
$ 1,238 |
$ 1,311 |
$ 1,311 |
$ 1,867 |
$ 1,867 |
The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 129% of the average value of its portfolio.
Until October 30, 2013, the Principal Investment Strategies of the fund are as follows:
Summary Prospectus
Fund Summary - continued
Effective October 30, 2013, the preceding Principal Investment Strategies will be replaced with the following:
An investment in the fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Unlike individual debt securities, which typically pay principal at maturity, the value of an investment in the fund will fluctuate. You could lose money by investing in the fund.
Summary Prospectus
The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.
Visit www.advisor.fidelity.com for updated return information.
The returns in the bar chart do not reflect any applicable sales charges; if sales charges were reflected, returns would be lower than those shown.
Calendar Years |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
|
10.06% |
4.63% |
3.43% |
1.51% |
4.05% |
3.18% |
-7.31% |
17.26% |
7.73% |
5.82% |
Unlike the returns in the bar chart, the returns in the table reflect the maximum applicable sales charges. After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. After-tax returns for Class A are shown in the table below and after-tax returns for other classes will vary. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.
Summary Prospectus
Fund Summary - continued
For the periods ended
|
Past 1
|
Past 5
|
Past 10
|
Class A - Return Before Taxes |
2.91% |
4.45% |
4.57% |
Return After Taxes on Distributions |
1.97% |
3.07% |
3.11% |
Return After Taxes on Distributions and Sale of Fund Shares |
1.88% |
2.97% |
3.05% |
Class T - Return Before Taxes |
3.03% |
4.50% |
4.54% |
Class B - Return Before Taxes |
2.18% |
4.44% |
4.54% |
Class C - Return Before Taxes |
4.07% |
4.26% |
4.04% |
Barclays
®
U.S. Intermediate Government/Credit Bond Index
|
5.80% |
5.88% |
5.20% |
Effective October 30, 2013, the fund will begin comparing its performance to the Barclays U.S. 1-5 Year Government/Credit Bond Index rather than the Barclays U.S. Intermediate Government/Credit Bond Index because the Barclays U.S. 1-5 Year Government/Credit Bond Index conforms more closely to the fund's revised investment policies. The fund will also compare its performance to the Fidelity Limited Term Composite Index SM .
Fidelity Management & Research Company (FMR) is the fund's manager. Fidelity Investments Money Management, Inc. (FIMM) and other investment advisers serve as sub-advisers for the fund.
Robert Galusza (lead portfolio manager) has managed the fund since July 2009.
Ford O'Neil (co-manager) has managed the fund since December 2004.
You may buy or sell Class A, Class T, Class B, and Class C shares of the fund through a retirement account or through an investment professional. You may buy or sell shares in various ways:
Subject to certain limited exceptions described in the Additional Information about the Purchase and Sale of Shares section of the prospectus, the fund no longer accepts investments in Class B shares. Any purchase order for Class B shares of the fund (other than from an existing Class B shareholder pursuant to an exchange or the reinvestment of dividends and capital gain distributions paid on Class B shares) will be deemed to be a purchase order for Class A shares of the fund and will be subject to any applicable Class A front-end sales charge.
Summary Prospectus
The price to buy one share of Class A or Class T is its offering price, if you pay a front-end sales charge, or its net asset value per share (NAV), if you qualify for a front-end sales charge waiver. The price to buy one share of Class B or Class C is its NAV. Your shares will be bought at the offering price or NAV, as applicable, next calculated after your order is received in proper form.
The price to sell one share of Class A, Class T, Class B, or Class C is its NAV, minus any applicable contingent deferred sales charge (CDSC). Your shares will be sold at the NAV next calculated after your order is received in proper form, minus any applicable CDSC.
The fund is open for business each day the New York Stock Exchange (NYSE) is open.
Initial Purchase Minimum |
$2,500 |
For Fidelity Advisor Traditional IRA, Roth IRA, Rollover IRA, Simplified Employee Pension-IRA, and Keogh accounts |
$500 |
Through a regular investment plan established at the time the fund position is opened |
$100 |
The fund may waive or lower purchase minimums in other circumstances.
After a maximum of four years from the initial purchase date, Class B shares convert automatically to Class A shares of the fund at NAV.
Distributions you receive from the fund are subject to federal income tax and generally will be taxed as ordinary income or capital gains, and may also be subject to state or local taxes, unless you are investing through a tax-advantaged retirement account (in which case you may be taxed later, upon withdrawal of your investment from such account).
The fund, FMR, Fidelity Distributors Corporation (FDC), and/or their affiliates may pay intermediaries, including banks, broker-dealers, or other service-providers (who may be affiliated with FMR or FDC), for the sale of fund shares and related services. These payments may create a conflict of interest by influencing your intermediary and your investment professional to recommend the fund over another investment. Ask your investment professional or visit your intermediary's web site for more information.
Summary Prospectus
FDC is a member of the Securities Investor Protection Corporation (SIPC). You may obtain information about SIPC, including the SIPC brochure, by visiting www.sipc.org or calling SIPC at 202-371-8300.
Fidelity Advisor and Fidelity Investments & Pyramid Design are registered service marks of FMR LLC. © 2013 FMR LLC. All rights reserved.
Fidelity Limited Term Composite Index is a service mark of FMR LLC.
The third-party marks appearing above are the marks of their respective owners.
1.917741.106 LTB-SUM-1012-01
Fidelity Advisor ® Intermediate Bond Fund
Class /Ticker
Institutional /EFIPX
(To be renamed "Fidelity Advisor Limited Term Bond Fund" effective October 30, 2013)
Summary Prospectus
October 30, 2012
As Revised August 1, 2013
Fund
/Class:
Fidelity Advisor
®
Intermediate Bond Fund
/Institutional
The fund seeks to provide a high rate of income.
The following table describes the fees and expenses that may be incurred when you buy, hold, or sell shares of the fund.
Shareholder fees
|
None |
Annual class operating expenses
(expenses that you pay each year as a % of the value of your investment)
Management fee |
0.32% |
Distribution and/or Service (12b-1) fees |
None |
Other expenses |
0.26% |
Total annual operating expenses |
0.58% |
This example helps compare the cost of investing in the fund with the cost of investing in other mutual funds.
Let's say, hypothetically, that the annual return for shares of the fund is 5% and that your shareholder fees and the annual operating expenses for shares of the fund are exactly as described in the fee table. This example illustrates the effect of fees and expenses, but is not meant to suggest actual or expected fees and expenses or returns, all of which may vary. For every $10,000 you invested, here's how much you would pay in total expenses if you sell all of your shares at the end of each time period indicated:
1 year |
$ 59 |
3 years |
$ 186 |
5 years |
$ 324 |
10 years |
$ 726 |
The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual operating expenses or in the example, affect the fund's performance. During the most recent fiscal year, the fund's portfolio turnover rate was 129% of the average value of its portfolio.
Summary Prospectus
Until October 30, 2013, the Principal Investment Strategies of the fund are as follows:
Effective October 30, 2013, the preceding Principal Investment Strategies will be replaced with the following:
Summary Prospectus
Fund Summary - continued
The following information is intended to help you understand the risks of investing in the fund. The information illustrates the changes in the performance of the fund's shares from year to year and compares the performance of the fund's shares to the performance of a securities market index over various periods of time. The index description appears in the Additional Information about the Index section of the prospectus. Past performance (before and after taxes) is not an indication of future performance.
Visit www.advisor.fidelity.com for updated return information.
Summary Prospectus
Calendar Years |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
2009 |
2010 |
2011 |
|
10.31% |
4.77% |
3.58% |
1.68% |
4.22% |
3.44% |
-6.98% |
17.71% |
7.90% |
6.17% |
During the periods shown in the chart: |
Returns |
Quarter ended |
Highest Quarter Return |
7.02% |
June 30, 2009 |
Lowest Quarter Return |
-3.57% |
December 31, 2008 |
Year-to-Date Return |
4.33% |
September 30, 2012 |
After-tax returns are calculated using the historical highest individual federal marginal income tax rates, but do not reflect the impact of state or local taxes. Actual after-tax returns may differ depending on your individual circumstances. The after-tax returns shown are not relevant if you hold your shares in a retirement account or in another tax-deferred arrangement.
For the periods ended
|
Past 1
|
Past 5
|
Past 10
|
Institutional Class |
|
|
|
Return Before Taxes |
6.17% |
5.35% |
5.11% |
Return After Taxes on Distributions |
5.10% |
3.85% |
3.56% |
Return After Taxes on Distributions and Sale of Fund Shares |
3.99% |
3.67% |
3.47% |
Barclays
®
U.S. Intermediate Government/Credit Bond Index
|
5.80% |
5.88% |
5.20% |
Effective October 30, 2013, the fund will begin comparing its performance to the Barclays U.S. 1-5 Year Government/Credit Bond Index rather than the Barclays U.S. Intermediate Government/Credit Bond Index because the Barclays U.S. 1-5 Year Government/Credit Bond Index conforms more closely to the fund's revised investment policies. The fund will also compare its performance to the Fidelity Limited Term Composite Index SM .
Fidelity Management & Research Company (FMR) is the fund's manager. Fidelity Investments Money Management, Inc. (FIMM) and other investment advisers serve as sub-advisers for the fund.
Summary Prospectus
Fund Summary - continued
Robert Galusza (lead portfolio manager) has managed the fund since July 2009.
Ford O'Neil (co-manager) has managed the fund since December 2004.
Institutional Class eligibility requirements are listed in the Additional Information about the Purchase and Sale of Shares section of the prospectus.
You may buy or sell Institutional Class shares of the fund through a retirement account or through an investment professional. You may buy or sell shares in various ways:
The price to buy one share of Institutional Class is its net asset value per share (NAV). Your shares will be bought at the NAV next calculated after your order is received in proper form.
The price to sell one share of Institutional Class is its NAV. Your shares will be sold at the NAV next calculated after your order is received in proper form.
The fund is open for business each day the New York Stock Exchange (NYSE) is open.
Initial Purchase Minimum |
$2,500 |
For Fidelity Advisor Traditional IRA, Roth IRA, Rollover IRA, Simplified Employee Pension-IRA, and Keogh accounts |
$500 |
Through a regular investment plan established at the time the fund position is opened |
$100 |
The fund may waive or lower purchase minimums in other circumstances.
Distributions you receive from the fund are subject to federal income tax and generally will be taxed as ordinary income or capital gains, and may also be subject to state or local taxes, unless you are investing through a tax-advantaged retirement account (in which case you may be taxed later, upon withdrawal of your investment from such account).
The fund, FMR, Fidelity Distributors Corporation (FDC), and/or their affiliates may pay intermediaries, including banks, broker-dealers, or other service-providers (who may be affiliated with FMR or FDC), for the sale of fund shares and related services. These payments may create a conflict of interest by influencing your intermediary and your investment professional to recommend the fund over another investment. Ask your investment professional or visit your intermediary's web site for more information.
Summary Prospectus
FDC is a member of the Securities Investor Protection Corporation (SIPC). You may obtain information about SIPC, including the SIPC brochure, by visiting www.sipc.org or calling SIPC at 202-371-8300.
Fidelity Advisor and Fidelity Investments & Pyramid Design are registered service marks of FMR LLC. © 2013 FMR LLC. All rights reserved.
Fidelity Limited Term Composite Index is a service mark of FMR LLC.
The third-party marks appearing above are the marks of their respective owners.
1.917742.103 LTBI-SUM-1012-01
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