Fidelity Series International Credit Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.9%
1 yr return
8.9%
3 Yr Avg Return
-2.7%
5 Yr Avg Return
1.1%
Net Assets
$102 M
Holdings in Top 10
23.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.01%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 65.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FCDSX - Profile
Distributions
- YTD Total Return 1.9%
- 3 Yr Annualized Total Return -2.7%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency None
- Net Income Ratio 2.53%
- Dividend Yield 3.9%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Series International Credit Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJul 25, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndrew Lewis
Fund Description
FCDSX - Performance
Return Ranking - Trailing
Period | FCDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -15.2% | -2.4% | 86.92% |
1 Yr | 8.9% | -10.4% | -2.5% | 44.27% |
3 Yr | -2.7%* | -1.2% | 4.2% | 5.08% |
5 Yr | 1.1%* | -0.1% | 3.7% | N/A |
10 Yr | N/A* | 0.0% | 4.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | FCDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.6% | -9.4% | -0.6% | 18.55% |
2022 | -22.4% | -1.3% | 7.0% | 97.35% |
2021 | -3.0% | 0.5% | 200.9% | 31.19% |
2020 | 1.5% | -15.5% | 3.1% | 69.00% |
2019 | 6.1% | -0.6% | 30.6% | N/A |
Total Return Ranking - Trailing
Period | FCDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.9% | -15.2% | -2.4% | 86.92% |
1 Yr | 8.9% | -12.6% | -2.5% | 37.40% |
3 Yr | -2.7%* | -1.6% | 4.2% | 4.24% |
5 Yr | 1.1%* | -0.1% | 3.7% | N/A |
10 Yr | N/A* | 0.0% | 4.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FCDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.6% | -9.4% | -0.6% | 18.55% |
2022 | -17.3% | -1.3% | 7.0% | 97.35% |
2021 | -0.1% | 0.5% | 200.9% | 31.19% |
2020 | 8.3% | -15.5% | 3.3% | 43.00% |
2019 | 13.5% | 0.1% | 30.6% | N/A |
NAV & Total Return History
FCDSX - Holdings
Concentration Analysis
FCDSX | Category Low | Category High | FCDSX % Rank | |
---|---|---|---|---|
Net Assets | 102 M | 21.8 M | 93.5 B | 78.63% |
Number of Holdings | 209 | 5 | 7040 | 89.39% |
Net Assets in Top 10 | 25.7 M | -839 M | 6.06 B | 60.61% |
Weighting of Top 10 | 23.66% | 6.1% | 100.0% | 56.06% |
Top 10 Holdings
- Fidelity Cash Central Fund 3.74%
- UNITED STATES TREASURY BOND 6.25% 05/15/2030 2.77%
- UST NOTES 2.625% 07/31/2029 2.59%
- KREDITANSTALT FUR WIEDER(UNGTD 0% 09/17/2030 REGS 2.33%
- EUROPEAN INVESTMENT BANK 0% 06/17/2027 2.25%
- GERMANY FEDERAL REPUBLIC OF 1% 05/15/2038 REGS 2.15%
- IMPERIAL BRANDS FINANCE PLC 3.5% 07/26/2026 144A 2.11%
- UNITED STATES TREASURY BOND 3.25% 05/15/2042 2.10%
- JOHN LEWIS PLC 6.125% 01/21/2025 1.94%
- PETROLEOS MEXICANOS 6.5% 03/13/2027 1.69%
Asset Allocation
Weighting | Return Low | Return High | FCDSX % Rank | |
---|---|---|---|---|
Bonds | 85.49% | 36.86% | 100.73% | 82.58% |
Convertible Bonds | 16.34% | 0.00% | 14.16% | 0.76% |
Preferred Stocks | 9.36% | 0.00% | 0.73% | 47.73% |
Cash | 5.58% | -2.75% | 67.17% | 37.12% |
Stocks | 0.00% | 0.00% | 0.70% | 53.79% |
Other | -0.44% | -8.93% | 0.72% | 33.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FCDSX % Rank | |
---|---|---|---|---|
Corporate | 48.87% | 0.00% | 70.79% | 19.70% |
Government | 4.36% | 1.71% | 97.31% | 93.94% |
Cash & Equivalents | 3.74% | 0.00% | 51.02% | 2.27% |
Securitized | 0.53% | 0.00% | 29.11% | 74.24% |
Municipal | 0.00% | 0.00% | 3.10% | 56.82% |
Derivative | -0.44% | 0.00% | 50.79% | 68.18% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FCDSX % Rank | |
---|---|---|---|---|
Non US | 61.17% | 26.05% | 98.85% | 31.82% |
US | 24.32% | -11.86% | 53.57% | 91.67% |
FCDSX - Expenses
Operational Fees
FCDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.01% | 0.02% | 1.81% | 100.00% |
Management Fee | 0.00% | 0.00% | 0.83% | 0.76% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
FCDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FCDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FCDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 65.00% | 2.00% | 402.00% | 54.95% |
FCDSX - Distributions
Dividend Yield Analysis
FCDSX | Category Low | Category High | FCDSX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.94% | 0.00% | 2.20% | 0.76% |
Dividend Distribution Analysis
FCDSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Monthly |
Net Income Ratio Analysis
FCDSX | Category Low | Category High | FCDSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.53% | -0.30% | 3.10% | 3.05% |
Capital Gain Distribution Analysis
FCDSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.080 | OrdinaryDividend |
Oct 09, 2023 | $0.074 | OrdinaryDividend |
Jul 10, 2023 | $0.080 | OrdinaryDividend |
Apr 06, 2023 | $0.059 | OrdinaryDividend |
Dec 22, 2022 | $0.259 | OrdinaryDividend |
Oct 10, 2022 | $0.070 | OrdinaryDividend |
Jul 05, 2022 | $0.068 | OrdinaryDividend |
Apr 04, 2022 | $0.058 | OrdinaryDividend |
Oct 04, 2021 | $0.067 | OrdinaryDividend |
Jul 06, 2021 | $0.069 | OrdinaryDividend |
Apr 06, 2021 | $0.058 | OrdinaryDividend |
Oct 05, 2020 | $0.077 | OrdinaryDividend |
Jul 13, 2020 | $0.077 | OrdinaryDividend |
Apr 06, 2020 | $0.071 | OrdinaryDividend |
Oct 07, 2019 | $0.065 | OrdinaryDividend |
Jul 08, 2019 | $0.064 | OrdinaryDividend |
Apr 08, 2019 | $0.067 | OrdinaryDividend |
Jul 09, 2018 | $0.064 | OrdinaryDividend |
Apr 09, 2018 | $0.058 | OrdinaryDividend |
Oct 09, 2017 | $0.039 | OrdinaryDividend |
FCDSX - Fund Manager Analysis
Managers
Andrew Lewis
Start Date
Tenure
Tenure Rank
Jul 25, 2017
4.85
4.9%
Since joining Fidelity Investments in 2009, Mr. Lewis has worked as a managing director of research in the UK, research analyst, and a portfolio manager.
Michael Foggin
Start Date
Tenure
Tenure Rank
Jul 25, 2017
4.85
4.9%
Michael Foggin is a portfolio manager at Fidelity Institutional Asset Management (FIAM), an investment organization within Fidelity Investments’ asset management division that is dedicated to serving the needs of consultants and institutional investors, such as defined benefit and defined contribution plans, endowments and financial advisors. In this role, he manages the Global and International Credit Portfolios as part of the Global Fixed Income Team. Prior to joining Fidelity in July 2012, Mr. Foggin was a Fixed Income portfolio manager at Schroders from 2006 to 2012. Previously he worked
Lisa Easterbrook
Start Date
Tenure
Tenure Rank
Oct 01, 2021
0.66
0.7%
Lisa Easterbrook is co-manager of the fund, which she has managed since October 2021. Since joining Fidelity Investments in 2011, Ms. Easterbrook has worked as a research analyst and portfolio manager.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.12 | 31.42 | 5.43 | 0.92 |