Fidelity Advisor Multi-Asset Income Fund

Fund Profile

Fund profile

Tickers

FWATX, FAZYX, FWBTX, FAYZX, FMSDX, FIWBX

Fund manager

Fidelity School Street Trust

Total assets

$2.98 bn

Liabilities

$104.60 mm

Net assets

$2.87 bn

Number of holdings

473.00

Top 200 of 473 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
UNITED STATES TREASURY BOND 1.25% 05/15/2050	117.17 mm	247.15 mm principal	4.08	Debt	Long	USA
Fidelity Securities Lending Cash Central Fund	91.93 mm	91.92 mm shares	3.20	Short-term investment vehicle	Long	USA
DHT HOLDINGS INC	60.05 mm	6.46 mm shares	2.09	Common equity	Long	Marshall Islands
UNITED STATES TREASURY BOND 4.25% 02/15/2054	53.18 mm	58.30 mm principal	1.85	Debt	Long	USA
AMZN Amazon.com, Inc.	46.86 mm	213.60 k shares	1.63	Common equity	Long	USA
SCORPIO TANKERS INC	37.73 mm	759.37 k shares	1.31	Common equity	Long	Marshall Islands
TAC TransAlta Corporation	37.62 mm	2.66 mm shares	1.31	Common equity	Long	Canada
Fidelity Direct Lending Fund, LP	37.60 mm	3.88 mm shares	1.31	Common equity	Long	USA
META Meta Platforms, Inc.	36.42 mm	62.20 k shares	1.27	Common equity	Long	USA
SATS EchoStar Corporation	36.40 mm	33.85 mm principal	1.27	Debt	Long	USA
GREAT OUTDOORS TERM B2 1LN 03/05/2028	36.24 mm	36.11 mm principal	1.26	Loan	Long	USA
Fidelity Cash Central Fund	31.10 mm	31.10 mm shares	1.08	Short-term investment vehicle	Long	USA
AAPL Apple Inc.	31.07 mm	124.05 k shares	1.08	Common equity	Long	USA
UNITED STATES TREASURY BOND 1.375% 08/15/2050	30.78 mm	63.13 mm principal	1.07	Debt	Long	USA
MSTR MicroStrategy Incorporated	29.73 mm	102.65 k shares	1.04	Common equity	Long	USA
GOOG Alphabet Inc.	28.27 mm	149.34 k shares	0.98	Common equity	Long	USA
NVDA NVIDIA Corporation	26.83 mm	199.80 k shares	0.93	Common equity	Long	USA
MSTR MicroStrategy Incorporated	26.67 mm	33.34 mm principal	0.93	Debt	Long	USA
MSFT Microsoft Corporation	26.66 mm	63.25 k shares	0.93	Common equity	Long	USA
ET Energy Transfer LP	24.81 mm	1.27 mm shares	0.86	Common equity	Long	USA
CITY FOOTBALL GROUP TERM B 1LN 07/21/2030	24.13 mm	24.24 mm principal	0.84	Loan	Long	UK
SOBO South Bow Corporation	23.08 mm	978.00 k shares	0.80	Common equity	Long	Canada
WFC Wells Fargo & Company	22.68 mm	322.83 k shares	0.79	Common equity	Long	USA
PNC The PNC Financial Services Group, Inc.	22.53 mm	116.85 k shares	0.78	Common equity	Long	USA
TFC Truist Financial Corporation	21.90 mm	504.90 k shares	0.76	Common equity	Long	USA
UNITED STATES TREASURY BOND 1.875% 02/15/2051	20.92 mm	37.63 mm principal	0.73	Debt	Long	USA
ALK Alaska Air Group, Inc.	20.08 mm	310.10 k shares	0.70	Common equity	Long	USA
BYRN Byrna Technologies Inc.	18.89 mm	655.80 k shares	0.66	Common equity	Long	USA
BA The Boeing Company	18.55 mm	301.50 k shares	0.65	Preferred equity	Long	USA
ACI Albertsons Companies, Inc.	17.85 mm	908.70 k shares	0.62	Common equity	Long	USA
DISH DISH Network CORP	17.21 mm	16.25 mm principal	0.60	Debt	Long	USA
BRITISH AMERICAN TOB PLC ADR	16.68 mm	459.30 k shares	0.58	Common equity	Long	UK
VALLOUREC SA	16.61 mm	976.71 k shares	0.58	Common equity	Long	France
CORZ Core Scientific, Inc.	15.98 mm	16.31 mm principal	0.56	Debt	Long	USA
CAPITAL POWER CORP	15.54 mm	350.60 k shares	0.54	Common equity	Long	Canada
NOTA DO TESOURO NACIONAL 10% 01/01/2027	15.13 mm	102.98 mm principal	0.53	Debt	Long	Brazil
JPM JPMorgan Chase & Co.	15.00 mm	62.59 k shares	0.52	Common equity	Long	USA
ET Energy Transfer LP	14.63 mm	14.87 mm principal	0.51	Preferred equity	Long	USA
UNITED STATES TREASURY BOND 1.75% 08/15/2041	14.38 mm	22.20 mm principal	0.50	Debt	Long	USA
DAL Delta Air Lines, Inc.	14.37 mm	237.50 k shares	0.50	Common equity	Long	USA
UNITED STATES TREASURY BOND 2.375% 11/15/2049	14.27 mm	22.45 mm principal	0.50	Debt	Long	USA
UNITED STATES TREASURY BOND 2.875% 05/15/2049	14.18 mm	20.00 mm principal	0.49	Debt	Long	USA
UNITED STATES TREASURY BOND 1.875% 11/15/2051	14.17 mm	25.70 mm principal	0.49	Debt	Long	USA
UNITED STATES TREASURY BOND 4.375% 08/15/2043	14.11 mm	15.00 mm principal	0.49	Debt	Long	USA
UNITED STATES TREASURY BOND 4.75% 11/15/2053	14.10 mm	14.25 mm principal	0.49	Debt	Long	USA
UNITED STATES TREASURY BOND 1.625% 11/15/2050	14.08 mm	27.00 mm principal	0.49	Debt	Long	USA
XOM Exxon Mobil Corporation	14.06 mm	130.68 k shares	0.49	Common equity	Long	USA
CORZ Core Scientific, Inc.	14.05 mm	9.23 mm principal	0.49	Debt	Long	USA
UNITED STATES TREASURY BOND 2% 02/15/2050	14.02 mm	24.15 mm principal	0.49	Debt	Long	USA
UNITED STATES TREASURY BOND 4% 11/15/2042	13.95 mm	15.50 mm principal	0.49	Debt	Long	USA
CNQ Canadian Natural Resources Limited	13.92 mm	450.90 k shares	0.48	Common equity	Long	Canada
UNITED STATES TREASURY BOND 2% 08/15/2051	13.89 mm	24.30 mm principal	0.48	Debt	Long	USA
SHELL PLC SPONS ADR	13.81 mm	220.40 k shares	0.48	Common equity	Long	UK
PETROLEOS MEXICANOS 6.95% 01/28/2060	13.76 mm	20.12 mm principal	0.48	Debt	Long	Mexico
UNITED STATES TREASURY BOND 2.25% 02/15/2052	13.76 mm	22.70 mm principal	0.48	Debt	Long	USA
UNITED STATES TREASURY BOND 4% 11/15/2052	13.72 mm	15.75 mm principal	0.48	Debt	Long	USA
BAM Brookfield Asset Management Ltd.	13.35 mm	232.20 k shares	0.46	Common equity	Long	Canada
MSTR MicroStrategy Incorporated	12.76 mm	7.84 mm principal	0.44	Debt	Long	USA
UNITED STATES TREASURY BOND 1.125% 05/15/2040	12.63 mm	21.00 mm principal	0.44	Debt	Long	USA
LNG Cheniere Energy, Inc.	12.53 mm	58.30 k shares	0.44	Common equity	Long	USA
SHOP Shopify Inc.	12.05 mm	113.20 k shares	0.42	Common equity	Long	Canada
DFS Discover Financial Services	12.04 mm	69.50 k shares	0.42	Common equity	Long	USA
GEV GE Vernova Inc.	11.93 mm	36.28 k shares	0.42	Common equity	Long	USA
EG GROUP TERM BC 1LN 02/07/2028	11.85 mm	11.76 mm principal	0.41	Loan	Long	USA
ERO Ero Copper Corp.	11.84 mm	12.29 mm principal	0.41	Debt	Long	Canada
UNITED STATES TREASURY BOND 1.875% 02/15/2041	11.71 mm	17.48 mm principal	0.41	Debt	Long	USA
RIVN Rivian Automotive, Inc.	11.52 mm	12.40 mm principal	0.40	Debt	Long	USA
UNITED STATES TREASURY BOND 2.75% 11/15/2047	11.44 mm	16.30 mm principal	0.40	Debt	Long	USA
AEM Agnico Eagle Mines Limited	10.95 mm	140.00 k shares	0.38	Common equity	Long	Canada
TSLA Tesla, Inc.	10.90 mm	27.00 k shares	0.38	Common equity	Long	USA
ATGFF AltaGas Ltd.	10.83 mm	464.90 k shares	0.38	Common equity	Long	Canada
Broadcom Pte. Ltd.	10.75 mm	46.36 k shares	0.37	Common equity	Long	USA
RY Royal Bank of Canada	10.67 mm	88.49 k shares	0.37	Common equity	Long	Canada
DFS Discover Financial Services	10.66 mm	10.96 mm principal	0.37	Preferred equity	Long	USA
MSTR MicroStrategy Incorporated	10.41 mm	5.08 mm principal	0.36	Debt	Long	USA
MSTR MicroStrategy Incorporated	9.88 mm	6.91 mm principal	0.34	Debt	Long	USA
UNITED STATES TREASURY BOND 2.25% 08/15/2046	9.88 mm	15.30 mm principal	0.34	Debt	Long	USA
UNITED STATES TREASURY BOND 2.75% 08/15/2047	9.85 mm	14.00 mm principal	0.34	Debt	Long	USA
UNITED STATES TREASURY BOND 2.25% 08/15/2049	9.78 mm	15.80 mm principal	0.34	Debt	Long	USA
UNITED STATES TREASURY BOND 3.375% 11/15/2048	9.76 mm	12.50 mm principal	0.34	Debt	Long	USA
RAND PARENT LLC 8.5% 02/15/2030 144A	9.74 mm	9.69 mm principal	0.34	Debt	Long	USA
ENB Enbridge Inc.	9.71 mm	8.74 mm principal	0.34	Debt	Long	Canada
BABA Alibaba Group Holding Limited	9.59 mm	9.01 mm principal	0.33	Debt	Long	Cayman Islands
VALLOUREC SA 7.5% 04/15/2032 144A	9.55 mm	9.22 mm principal	0.33	Debt	Long	France
ET Energy Transfer LP	9.40 mm	9.37 mm principal	0.33	Preferred equity	Long	USA
MSTR MicroStrategy Incorporated	9.30 mm	4.51 mm principal	0.32	Debt	Long	USA
ARITZIA INC	9.12 mm	245.30 k shares	0.32	Common equity	Long	Canada
BRAZIL FEDERATIVE REPUBLIC OF 4.75% 01/14/2050	8.99 mm	13.15 mm principal	0.31	Debt	Long	Brazil
DCC PLC	8.80 mm	136.82 k shares	0.31	Common equity	Long	Ireland
JD JD.com, Inc.	8.70 mm	8.20 mm principal	0.30	Debt	Long	Cayman Islands
MSTR MicroStrategy Incorporated	8.46 mm	4.77 mm principal	0.29	Debt	Long	USA
PODD Insulet Corporation	8.40 mm	6.65 mm principal	0.29	Debt	Long	USA
HUNTER DOUGLAS TERM B 1LN 02/25/2029	8.34 mm	8.36 mm principal	0.29	Loan	Long	USA
CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 3.7% 04/01/2051	8.19 mm	13.11 mm principal	0.29	Debt	Long	USA
LLY Eli Lilly and Company	8.18 mm	10.59 k shares	0.28	Common equity	Long	USA
JBLU JetBlue Airways Corporation	8.13 mm	5.65 mm principal	0.28	Debt	Long	USA
ASURION TERM LOAN B11 1LN 08/19/2028	8.12 mm	8.12 mm principal	0.28	Loan	Long	USA
CSCO Cisco Systems, Inc.	8.06 mm	136.21 k shares	0.28	Common equity	Long	USA
APO Apollo Global Management, Inc.	8.02 mm	92.08 k shares	0.28	Preferred equity	Long	USA
KVUE Kenvue Inc.	8.01 mm	375.17 k shares	0.28	Common equity	Long	USA
SATS EchoStar Corporation	7.98 mm	8.80 mm principal	0.28	Debt	Long	USA
MAC The Macerich Company	7.93 mm	397.84 k shares	0.28	Common equity	Long	USA
SITIO ROYAL OP / SIT FIN 7.875% 11/01/2028 144A	7.66 mm	7.46 mm principal	0.27	Debt	Long	USA
RKLB Rocket Lab USA, Inc.	7.58 mm	1.50 mm principal	0.26	Debt	Long	USA
HESM Hess Midstream LP	7.52 mm	203.20 k shares	0.26	Common equity	Long	USA
ARES Ares Management Corporation	7.48 mm	133.80 k shares	0.26	Preferred equity	Long	USA
EQIX Equinix, Inc.	7.45 mm	7.90 k shares	0.26	Common equity	Long	USA
WSP GLOBAL INC	7.41 mm	42.10 k shares	0.26	Common equity	Long	Canada
KDP Keurig Dr Pepper Inc.	7.33 mm	228.36 k shares	0.26	Common equity	Long	USA
SJM The J. M. Smucker Company	7.28 mm	66.08 k shares	0.25	Common equity	Long	USA
VST Vistra Corp.	7.25 mm	52.57 k shares	0.25	Common equity	Long	USA
FLR Fluor Corporation	7.24 mm	5.77 mm principal	0.25	Debt	Long	USA
UNIVISION COMMUNICATIONS INC 4.5% 05/01/2029 144A	7.24 mm	8.09 mm principal	0.25	Debt	Long	USA
CCL Industries Inc	7.17 mm	139.44 k shares	0.25	Common equity	Long	Canada
FRONTLINE PLC	7.17 mm	505.47 k shares	0.25	Common equity	Long	Cyprus
UNITED STATES TREASURY BOND 3.25% 05/15/2042	7.16 mm	8.80 mm principal	0.25	Debt	Long	USA
UNITED STATES TREASURY BOND 1.125% 08/15/2040	7.16 mm	12.00 mm principal	0.25	Debt	Long	USA
UNITED STATES TREASURY BOND 2.375% 02/15/2042	7.12 mm	10.00 mm principal	0.25	Debt	Long	USA
DPZ Domino's Pizza, Inc.	7.09 mm	16.89 k shares	0.25	Common equity	Long	USA
GFL GFL Environmental Inc.	7.08 mm	158.89 k shares	0.25	Common equity	Long	Canada
BWXT BWX Technologies, Inc.	7.06 mm	63.40 k shares	0.25	Common equity	Long	USA
UNITED STATES TREASURY BOND 4.5% 11/15/2054	7.06 mm	7.40 mm principal	0.25	Debt	Long	USA
AXON Axon Enterprise, Inc.	7.05 mm	2.71 mm principal	0.25	Debt	Long	USA
MPLX MPLX LP	7.04 mm	147.01 k shares	0.24	Common equity	Long	USA
NVO Novo Nordisk A/S	7.00 mm	81.40 k shares	0.24	Common equity	Long	Denmark
COST Costco Wholesale Corporation	6.97 mm	7.61 k shares	0.24	Common equity	Long	USA
BJ BJ's Wholesale Club Holdings, Inc.	6.95 mm	77.83 k shares	0.24	Common equity	Long	USA
PSN Parsons Corporation	6.95 mm	5.94 mm principal	0.24	Debt	Long	USA
PIZZA PIZZA REVENUE RLTY FD UT	6.93 mm	765.40 k shares	0.24	Common equity	Long	Canada
WULF TeraWulf Inc.	6.92 mm	7.04 mm principal	0.24	Debt	Long	USA
BXP Boston Properties, Inc.	6.83 mm	91.90 k shares	0.24	Common equity	Long	USA
ZM Zoom Video Communications, Inc.	6.80 mm	83.32 k shares	0.24	Common equity	Long	USA
INTERNATIONAL SEAWAYS INC	6.78 mm	188.78 k shares	0.24	Common equity	Long	Marshall Islands
GEO The GEO Group, Inc.	6.76 mm	6.40 mm principal	0.24	Debt	Long	USA
NATIONAL GRID PLC	6.73 mm	566.20 k shares	0.23	Common equity	Long	UK
PANTHER ESCROW ISSUER LLC 7.125% 06/01/2031 144A	6.68 mm	6.61 mm principal	0.23	Debt	Long	USA
SKT Tanger Inc.	6.67 mm	195.40 k shares	0.23	Common equity	Long	USA
EATON CORP PLC	6.64 mm	20.00 k shares	0.23	Common equity	Long	Ireland
UNITED STATES TREASURY BOND 4.75% 11/15/2043	6.62 mm	6.70 mm principal	0.23	Debt	Long	USA
APLD Applied Digital Corporation	6.61 mm	6.38 mm principal	0.23	Debt	Long	USA
ATR AptarGroup, Inc.	6.60 mm	42.00 k shares	0.23	Common equity	Long	USA
VST Vistra Corp.	6.53 mm	6.50 mm principal	0.23	Preferred equity	Long	USA
TMUS T-Mobile US, Inc.	6.49 mm	29.40 k shares	0.23	Common equity	Long	USA
AFRM Affirm Holdings, Inc.	6.39 mm	6.67 mm principal	0.22	Debt	Long	USA
BATRA The Liberty Braves Group	6.37 mm	4.72 mm principal	0.22	Debt	Long	USA
MMSI Merit Medical Systems, Inc.	6.34 mm	5.03 mm principal	0.22	Debt	Long	USA
BATRA The Liberty Braves Group	6.29 mm	5.15 mm principal	0.22	Debt	Long	USA
PTON Peloton Interactive, Inc.	6.27 mm	2.90 mm principal	0.22	Debt	Long	USA
CITADEL TERM B 1LN 10/24/2031	6.26 mm	6.24 mm principal	0.22	Loan	Long	USA
GILD Gilead Sciences, Inc.	6.16 mm	66.64 k shares	0.21	Common equity	Long	USA
JOHNSON CONTROLS INTERNATIONAL PLC	6.14 mm	77.77 k shares	0.21	Common equity	Long	Ireland
NOVA Sunnova Energy International Inc.	6.09 mm	16.22 mm principal	0.21	Debt	Long	USA
NSC Norfolk Southern Corporation	6.07 mm	25.88 k shares	0.21	Common equity	Long	USA
PAA Plains All American Pipeline, L.P.	6.07 mm	6.08 mm principal	0.21	Preferred equity	Long	USA
ATS ATS Corporation	6.02 mm	197.38 k shares	0.21	Common equity	Long	Canada
NGLS TRI Resources Inc.	5.93 mm	33.20 k shares	0.21	Common equity	Long	USA
GTLS Chart Industries, Inc.	5.90 mm	83.30 k shares	0.21	Preferred equity	Long	USA
CEG Constellation Energy Corporation	5.90 mm	26.36 k shares	0.21	Common equity	Long	USA
BP CAPITAL MARKETS PLC 6.45%/VAR PERP	5.86 mm	5.70 mm principal	0.20	Preferred equity	Long	UK
COIN Coinbase Global, Inc.	5.85 mm	6.50 mm principal	0.20	Debt	Long	USA
SOFI SoFi Technologies, Inc.	5.83 mm	3.30 mm principal	0.20	Debt	Long	USA
WSO Watsco, Inc.	5.80 mm	12.23 k shares	0.20	Common equity	Long	USA
WOLF Wolfspeed, Inc.	5.79 mm	13.97 mm principal	0.20	Debt	Long	USA
SMTC Semtech Corporation	5.78 mm	3.28 mm principal	0.20	Debt	Long	USA
ROYAL BANK OF CANADA 6.35%/VAR 11/24/2084	5.74 mm	6.00 mm principal	0.20	Debt	Long	Canada
GEO The GEO Group, Inc.	5.72 mm	204.60 k shares	0.20	Common equity	Long	USA
TMX GROUP LTD	5.66 mm	183.70 k shares	0.20	Common equity	Long	Canada
PCI PHARMA TERM 1LN 11/30/2027	5.59 mm	5.57 mm principal	0.19	Loan	Long	USA
GOLDEN NUGGET TERM 1LN 01/27/2029	5.58 mm	5.57 mm principal	0.19	Loan	Long	USA
EME EMCOR Group, Inc.	5.58 mm	12.30 k shares	0.19	Common equity	Long	USA
BILL Bill.com Holdings, Inc.	5.52 mm	5.60 mm principal	0.19	Debt	Long	USA
WAYFAIR LLC 7.25% 10/31/2029 144A	5.50 mm	5.50 mm principal	0.19	Debt	Long	USA
UPST Upstart Holdings, Inc.	5.42 mm	3.50 mm principal	0.19	Debt	Long	USA
REGAL CINEWORLD TERM B 1LN 12/02/2031	5.39 mm	5.40 mm principal	0.19	Loan	Long	USA
MINERAL RESOURCES LTD 8% 11/01/2027 144A	5.31 mm	5.20 mm principal	0.18	Debt	Long	Australia
SUPER GROUP SGHC LTD	5.28 mm	847.96 k shares	0.18	Common equity	Long	Guernsey
FIESTA PURCHASER INC 9.625% 09/15/2032 144A	5.20 mm	4.96 mm principal	0.18	Debt	Long	USA
TLN Talen Energy Corporation	5.12 mm	25.40 k shares	0.18	Common equity	Long	USA
HPE Hewlett Packard Enterprise Company	5.11 mm	81.50 k shares	0.18	Preferred equity	Long	USA
MCLAREN FINANCE PLC 7.5% 08/01/2026 144A	5.11 mm	5.14 mm principal	0.18	Debt	Long	UK
FORTRESS TRANSN and INFRASTRUCTURE INVS LLC 7% 05/01/2031 144A	5.10 mm	5.00 mm principal	0.18	Debt	Long	USA
PG The Procter & Gamble Company	5.07 mm	30.22 k shares	0.18	Common equity	Long	USA
JGW J.G. Wentworth Co	5.05 mm	5.34 mm principal	0.18	Debt	Long	USA
AIRCASTLE LTD 5.25%/VAR PERP 144A	5.02 mm	5.12 mm principal	0.17	Preferred equity	Long	Bermuda
BSX Boston Scientific Corporation	5.01 mm	56.10 k shares	0.17	Common equity	Long	USA
PCG PG&E Corporation	4.99 mm	100.20 k shares	0.17	Preferred equity	Long	USA
CONNECT FINCO SARL / CONNECT US FINCO LLC 9% 09/15/2029 144A	4.96 mm	5.45 mm principal	0.17	Debt	Long	Luxembourg
EL The Estée Lauder Companies Inc.	4.96 mm	66.20 k shares	0.17	Common equity	Long	USA
ET Energy Transfer LP	4.95 mm	4.95 mm principal	0.17	Preferred equity	Long	USA
UBER Uber Technologies, Inc.	4.88 mm	4.44 mm principal	0.17	Debt	Long	USA
LCID Lucid Group, Inc.	4.87 mm	6.21 mm principal	0.17	Debt	Long	USA
WOLFSPEED INC PIK VAR 06/23/2030 144A	4.82 mm	5.01 mm principal	0.17	Debt	Long	USA
ALNY Alnylam Pharmaceuticals, Inc.	4.82 mm	4.53 mm principal	0.17	Debt	Long	USA
MKSI MKS Instruments, Inc.	4.74 mm	4.90 mm principal	0.17	Debt	Long	USA
QSR Restaurant Brands International Inc.	4.73 mm	72.58 k shares	0.16	Common equity	Long	Canada
BUNGE GLOBAL SA	4.70 mm	60.50 k shares	0.16	Common equity	Long	Switzerland
MIDD The Middleby Corporation	4.69 mm	4.20 mm principal	0.16	Debt	Long	USA
ATS ATS Corporation	4.65 mm	6.63 mm principal	0.16	Debt	Long	Canada
ZS Zscaler, Inc.	4.65 mm	3.75 mm principal	0.16	Debt	Long	USA
TYL Tyler Technologies, Inc.	4.61 mm	8.00 k shares	0.16	Common equity	Long	USA