FMSDX Performance — Fidelity Advisor Multi-Asset Income Fund
Data updated: 2026-08-24
FMSDX returned +4.86% year to date and +12.89% over one year to Jun 2026. Annualised returns are +11.11% over 3 years and +5.94% over 5 years. The fund trailed its Moderate Allocation category average: $100 invested three years ago grew to $137, against $141 for the category, and to $113 over one year, against $115. Volatility over the past three years was 9.72% a year. In the 12 months to Jun 2026 the fund took in a net $434.4M, and assets reached $3.56B.
FMSDX Growth of $100
What $100 invested in Fidelity Advisor Multi-Asset Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | FMSDX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $113 | $115 |
| 3 years (Jul 2023 – Jun 2026) | $137 | $141 |
| 5 years (Jul 2021 – Jun 2026) | $133 | $133 |
| Since data start (Jul 2019 – Jun 2026) | $192 | $169 |
FMSDX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.86% |
| 1 year | +12.89% |
| 3 years (annualised) | +11.11% |
| 5 years (annualised) | +5.94% |
FMSDX Annual Returns
Calendar-year total returns of Fidelity Advisor Multi-Asset Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.86% |
| 2025 | +14.09% |
| 2024 | +9.96% |
| 2023 | +11.74% |
| 2022 | −12.82% |
| 2021 | +17.80% |
| 2020 | +16.46% |
| 2019 (Jul–Dec) | +9.01% |
FMSDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.4% | +3.4% | −4.5% | +5.3% | +1.0% | −3.5% | — | — | — | — | — | — |
| 2025 | +2.4% | −1.2% | −3.1% | +0.2% | +3.4% | +4.3% | +2.0% | +1.4% | +4.2% | +2.4% | −1.6% | −0.8% |
| 2024 | +0.4% | +1.0% | +3.1% | −2.6% | +3.8% | +0.2% | +1.4% | +0.8% | +1.9% | −1.1% | +5.3% | −4.3% |
| 2023 | +5.9% | −0.2% | +0.5% | −0.5% | −1.2% | +2.6% | +1.6% | −1.4% | −2.7% | −1.8% | +4.8% | +3.9% |
| 2022 | −2.6% | −0.4% | +1.4% | −6.8% | −1.9% | −5.8% | +4.8% | −1.1% | −4.9% | +2.0% | +4.3% | −1.9% |
| 2021 | +1.0% | +3.5% | +2.4% | +3.4% | +1.7% | +0.5% | +0.3% | +1.0% | −1.8% | +4.0% | −1.4% | +2.1% |
| 2020 | −1.1% | −3.4% | −6.7% | +6.8% | +3.4% | +0.5% | +5.2% | +3.6% | −2.2% | −1.6% | +8.5% | +3.6% |
| 2019 | — | — | — | — | — | — | +1.4% | +0.5% | +0.3% | +1.7% | +1.8% | +3.0% |
FMSDX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.72%
- 3-year Sharpe ratio: 0.68 (vs 4.5% risk-free rate)
- Best month: +5.32% (Nov 2024)
- Worst month: −4.48% (Mar 2026)
FMSDX Fund Flows
Monthly money in and out of Fidelity Advisor Multi-Asset Income Fund, from SEC Form N-PORT.
- 12-month net flow: $434.4M
- 12-month gross sales (incl. reinvestments): $1.2B
- Sales ÷ redemptions: 1.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $90.0M | $75.5M | $14.5M |
| May 2026 | $100.3M | $83.1M | $17.2M |
| Apr 2026 | $118.8M | $52.0M | $66.8M |
| Mar 2026 | $96.8M | $55.3M | $41.4M |
| Feb 2026 | $104.8M | $63.9M | $40.9M |
| Jan 2026 | $128.8M | $59.2M | $69.6M |
| Dec 2025 | $78.9M | $53.6M | $25.3M |
| Nov 2025 | $106.0M | $60.6M | $45.4M |
| Oct 2025 | $105.4M | $70.8M | $34.6M |
| Sep 2025 | $83.8M | $59.5M | $24.3M |
| Aug 2025 | $94.8M | $53.2M | $41.7M |
| Jul 2025 | $73.8M | $61.0M | $12.8M |
FMSDX Assets Under Management
Net assets of Fidelity Advisor Multi-Asset Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.56B |
| 2026-03-31 | $3.41B |
| 2025-12-31 | $3.22B |
| 2025-09-30 | $3.15B |
| 2025-06-30 | $2.87B |
| 2025-03-31 | $2.80B |
| 2024-12-31 | $2.87B |
| 2024-09-30 | $2.81B |
| 2024-06-30 | $2.59B |
| 2024-03-31 | $2.48B |
| 2023-12-31 | $2.33B |
| 2023-09-30 | $2.15B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.