It has a long neck, a rounded body, and frets (5)
I believe the answer is:
sitar
'it has a long neck' is the definition.
(I've seen this in another clue)
I don't understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for sitar that I've seen before include "Plucked instrument" , "Indian string instrument" , "Lasting from morning to night" , "Guitar-like instrument" , "instrument out east" .)