# Portfolio overlap — FSTAX vs QHI2Q

Comparing **Fidelity Advisor Strategic Income Fund** (2026-03-31) and **VIP High Income Portfolio** (2026-03-31).

- Shared positions: 300
- Fidelity Advisor Strategic Income Fund covered by VIP High Income Portfolio: 0.1837464224281627209439279722
- VIP High Income Portfolio covered by Fidelity Advisor Strategic Income Fund: 0.1837464224281627209439279723

## Fidelity Advisor Strategic Income Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Fidelity Emerging Markets Debt Central Fund | 0.151476 |  |
| Fidelity Cash Central Fund | 0.080256 | ✓ |
| Fidelity Floating Rate Central Fund | 0.064818 |  |
| US TREASURY N/B | 0.049088 |  |
| US TREASURY N/B | 0.020497 |  |
| UNITED KINGDOM G.B. and N.IRELAND 4.125% 03/07/2031 REGS | 0.013419 |  |
| US TREASURY N/B | 0.013363 |  |
| Bundesrepublik Deutschland Bundesanleihe | 0.012135 |  |
| Fidelity Securities Lending Cash Central Fund | 0.012099 | ✓ |
| iShares Broad USD High Yield Corporate Bond ETF | 0.011883 |  |
| Government of Canada | 0.010670 |  |
| GERMANY FEDERAL REPUBLIC OF 2.4% 04/18/2030 REGS | 0.010610 |  |
| US TREASURY N/B | 0.009749 |  |
| NVIDIA CORP | 0.007024 |  |
| GERMANY FEDERAL REPUBLIC OF 2.6% 08/15/2035 REGS | 0.006743 |  |
| COMFORT SYSTEMS USA INC | 0.006486 |  |
| GERMANY FEDERAL REPUBLIC OF 2.7% 09/17/2026 REGS | 0.005326 |  |
| Bundesschatzanweisungen | 0.005155 |  |
| US TREASURY N/B | 0.005053 |  |
| US TREASURY N/B | 0.004977 |  |
| FED HOME LOAN MTG CORP - GOLD 4% 04/25/2027 | 0.004974 |  |
| US TREASURY N/B | 0.004889 |  |
| EchoStar Corp | 0.004751 | ✓ |
| US TREASURY N/B | 0.004714 |  |
| US TREASURY N/B | 0.004513 |  |
| SATS 3.875 11/30/30 | 0.004295 | ✓ |
| US TREASURY N/B | 0.004256 |  |
| ACRISURE HOLDINGS INC SER B-1 PC PP | 0.004226 | ✓ |
| FEDERAL FARM CREDIT BANKS VFAC SOFR+16.5 01/19/2029 | 0.004200 |  |
| FEDERAL FARM CREDIT BANKS VFAC SOFR+12 06/12/2028 | 0.003904 |  |
| Bank of America Corp., Series FF | 0.003894 | ✓ |
| TAIWAN SEMIC MFG CO LTD SP ADR | 0.003862 |  |
| FHMS K061 A2 | 0.003862 |  |
| US TREASURY N/B | 0.003823 |  |
| EG GLOBAL FINANCE PLC SR SECURED 144A 11/28 12 | 0.003739 | ✓ |
| GMAC LLC | 0.003663 |  |
| US TREASURY N/B | 0.003525 |  |
| FHMS K739 A2 | 0.003442 |  |
| META PLATFORMS INC CL A | 0.003284 |  |
| US TREASURY N/B | 0.003053 |  |
| ALPHABET INC CL A | 0.003045 |  |
| VERTIV HOLDINGS CO | 0.003025 |  |
| US TREASURY N/B | 0.002978 |  |
| US TREASURY N/B | 0.002965 |  |
| SWITZERLAND CONFEDERATION 3.5% 04/08/2033 REGS | 0.002961 |  |
| US TREASURY N/B | 0.002855 |  |
| GERMANY FEDERAL REPUBLIC OF 2.5% 02/15/2035 REGS | 0.002835 |  |
| US TREASURY N/B | 0.002817 |  |
| US TREASURY N/B | 0.002791 |  |
| US TREASURY N/B | 0.002784 |  |

## VIP High Income Portfolio — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Fidelity Securities Lending Cash Central Fund | 0.084447 | ✓ |
| Fidelity Cash Central Fund | 0.025096 | ✓ |
| Fidelity Private Credit Company LLC | 0.013025 |  |
| BAUSCH HEALTH TERM B 1LN 10/08/2030 | 0.005484 | ✓ |
| SANCHEZ TERM 1LN DIP 12/31/2055 | 0.005436 | ✓ |
| APLD COMPUTECO LLC SR SECURED 144A 12/30 9.25 | 0.004774 | ✓ |
| POWBUY 8.5 02/15/31 144A | 0.004764 | ✓ |
| 1261229 BC Ltd | 0.004618 | ✓ |
| SATS 3.875 11/30/30 | 0.004563 | ✓ |
| Cloud Software Group Inc | 0.004166 |  |
| SOTHEBY'S SR SECURED 144A 10/27 7.375 | 0.004090 |  |
| SFR TERM B14 1LN 5/31/2031 | 0.003977 | ✓ |
| EG GLOBAL FINANCE PLC SR SECURED 144A 11/28 12 | 0.003925 | ✓ |
| NEW FORTRESS ENERGY TERM B 1LN 10/30/2028 | 0.003898 | ✓ |
| TransDigm, Inc. | 0.003726 | ✓ |
| US FOODS INC SR UNSECURED 144A 04/33 5.75 | 0.003700 |  |
| CSC SERVICEWORKS TERM Exchange FLSO TL 1LN 09/04/2030 | 0.003688 | ✓ |
| PROOFPOINT TERM 1LN 08/31/2028 | 0.003592 | ✓ |
| PG&E CORP SUB (H) 7.375% 03-15-55/30 | 0.003581 |  |
| ULTI 6.875 02/01/31 144A | 0.003469 | ✓ |
| Humana Inc | 0.003389 |  |
| ENTG 5.95 06/15/30 144A | 0.003380 |  |
| EchoStar Corp | 0.003358 | ✓ |
| STRATEGY INC CONV 0% 12/01/2029 144A | 0.003271 |  |
| FRTITA 6.75 01/15/30 144A | 0.003166 | ✓ |
| ALLY FINL. INC F2V | 0.003045 |  |
| SSP 9.875 08/15/30 144A | 0.003030 |  |
| REDFIN CORP SR UNSECURED 04/27 0.5 | 0.003030 |  |
| LONZA SPECIALTY INGREDIENTS TERM B 1LN 07/03/2028 | 0.003007 | ✓ |
| ERO COPPER CORP REGD 144A P/P 6.50000000 | 0.002972 | ✓ |
| SUN V7.875 PERP 144A | 0.002887 |  |
| C V6.875 PERP GG | 0.002843 |  |
| CoreWeave, Inc. | 0.002784 | ✓ |
| Medline Borrower, L.P. | 0.002783 |  |
| KOBE US MIDCO 2 INC PIK VAR 11/01/2026 144A | 0.002752 |  |
| WR GRACE HOLDINGS LLC SR UNSECURED 144A 08/29 5.625 | 0.002734 |  |
| TransDigm, Inc. | 0.002732 | ✓ |
| ALUMINA PTY LTD REGD 144A P/P 6.37500000 | 0.002723 |  |
| RIOT PLATFORMS INC CONV 0.75% 01/15/2030 | 0.002712 |  |
| CCO Holdings, LLC/CCO Holdings Capital Corp. | 0.002639 |  |
| CHURCHILL DOWNS INC SR UNSECURED 144A 04/30 5.75 | 0.002639 | ✓ |
| WRANGLER HOLDCO CORP REGD 144A P/P 6.62500000 | 0.002625 |  |
| ARDAGH METAL PACKAGING SR UNSECURED 144A 09/29 4 | 0.002623 | ✓ |
| TransDigm, Inc. | 0.002619 |  |
| Level 3 Financing, Inc. | 0.002608 |  |
| STAPLES INC SR SECURED 144A 09/29 10.75 | 0.002589 |  |
| US LBM TERM B 1LN 06/06/2031 | 0.002587 | ✓ |
| Tenet Healthcare Corp | 0.002578 | ✓ |
| UNITED PLANET FITNESS TERM 1LN 12/30/2026 | 0.002576 | ✓ |
| TRANSOCEAN LTD | 0.002567 | ✓ |


## Sources

- N-PORT (fund A) — accession `0000035402-26-003300` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/795422/000003540226003300/0000035402-26-003300-index.htm>
- N-PORT (fund B) — accession `0000035402-26-003496` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/356494/000003540226003496/0000035402-26-003496-index.htm>

---

_Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._

_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

_Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See <https://fundwatcher.app/terms/>_
