Strategic Advisers Tax-Sensitive Short Duration Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.4%
1 yr return
3.1%
3 Yr Avg Return
1.3%
5 Yr Avg Return
1.3%
Net Assets
$3.98 B
Holdings in Top 10
22.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.37%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 86.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FGNSX - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return 1.3%
- 5 Yr Annualized Total Return 1.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.66%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameStrategic Advisers Tax-Sensitive Short Duration Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateJan 24, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerChristopher Heavey
Fund Description
FGNSX - Performance
Return Ranking - Trailing
Period | FGNSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -4.7% | 11.1% | 5.45% |
1 Yr | 3.1% | -3.8% | 33.8% | 30.52% |
3 Yr | 1.3%* | -11.3% | 2.6% | 1.79% |
5 Yr | 1.3%* | -6.1% | 1102.0% | 19.26% |
10 Yr | N/A* | -0.5% | 248.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | FGNSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.9% | -1.4% | 41.0% | 96.36% |
2022 | -1.2% | -39.7% | 0.3% | 1.45% |
2021 | -0.2% | -5.6% | 6.9% | 37.05% |
2020 | 0.2% | -2.6% | 310.0% | 94.23% |
2019 | 0.3% | 0.0% | 26.0% | 99.16% |
Total Return Ranking - Trailing
Period | FGNSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -4.7% | 11.1% | 5.45% |
1 Yr | 3.1% | -3.8% | 33.8% | 30.52% |
3 Yr | 1.3%* | -11.3% | 2.6% | 1.79% |
5 Yr | 1.3%* | -6.1% | 1102.0% | 19.26% |
10 Yr | N/A* | -0.5% | 248.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FGNSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.7% | -1.3% | 41.0% | 88.16% |
2022 | -0.3% | -39.7% | 1.1% | 1.45% |
2021 | 0.3% | -4.8% | 23761504.0% | 79.42% |
2020 | 1.5% | -1.5% | 17057.9% | 93.62% |
2019 | 1.6% | 0.2% | 3514.6% | 98.82% |
NAV & Total Return History
FGNSX - Holdings
Concentration Analysis
FGNSX | Category Low | Category High | FGNSX % Rank | |
---|---|---|---|---|
Net Assets | 3.98 B | 3.22 M | 71.9 B | 9.07% |
Number of Holdings | 1636 | 2 | 13067 | 3.88% |
Net Assets in Top 10 | 871 M | -317 M | 3.4 B | 2.39% |
Weighting of Top 10 | 21.96% | 1.9% | 100.4% | 31.74% |
Top 10 Holdings
- Vanguard Ultra Short-Term Tx-Ex Adm 5.98%
- JPMorgan Ultra-Short Municipal Inc ETF 5.01%
- FIMM MM Government Portfolio - Instl Cl 3.91%
- Fidelity Sai Municipal Money Market Fund 1.83%
- Federated Hermes Municipal Ultrashort IS 1.55%
- CHANDLER AZ IDR 5% MT @ 1.05%
- PORT ARTHUR NAV DIST TX ENVIR VAR-REF-MOTIVA ENTERPRISES PJ ***AMT*** 0.69%
- CALIFORNIA INFR 0% 1/1/2050 @MT 0.66%
- PHX IDA SW 2.1%/VAR MT@ 0.66%
- NC TPK TRIANGLE 5% 2/1/2024 0.62%
Asset Allocation
Weighting | Return Low | Return High | FGNSX % Rank | |
---|---|---|---|---|
Bonds | 81.99% | 0.00% | 150.86% | 98.32% |
Stocks | 18.50% | 0.00% | 99.81% | 0.91% |
Cash | 0.33% | -50.86% | 50.09% | 81.88% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 74.24% |
Other | 0.00% | -3.18% | 33.35% | 72.49% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 74.14% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FGNSX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | N/A |
Technology | 0.00% | 0.00% | 0.00% | N/A |
Real Estate | 0.00% | 0.00% | 0.00% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 0.00% | N/A |
Financial Services | 0.00% | 0.00% | 0.00% | N/A |
Energy | 0.00% | 0.00% | 0.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 0.00% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 0.00% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FGNSX % Rank | |
---|---|---|---|---|
US | 18.50% | 0.00% | 99.81% | 0.91% |
Non US | 0.00% | 0.00% | 10.75% | 74.24% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FGNSX % Rank | |
---|---|---|---|---|
Municipal | 66.05% | 44.39% | 100.00% | 99.81% |
Cash & Equivalents | 0.33% | 0.00% | 48.02% | 43.17% |
Derivative | 0.00% | -3.18% | 23.38% | 71.00% |
Securitized | 0.00% | 0.00% | 5.93% | 74.85% |
Corporate | 0.00% | 0.00% | 9.41% | 79.08% |
Government | 0.00% | 0.00% | 52.02% | 76.74% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FGNSX % Rank | |
---|---|---|---|---|
US | 81.99% | 0.00% | 142.23% | 98.25% |
Non US | 0.00% | 0.00% | 23.89% | 77.67% |
FGNSX - Expenses
Operational Fees
FGNSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.37% | 0.01% | 20.65% | 92.03% |
Management Fee | 0.32% | 0.00% | 1.20% | 19.79% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
FGNSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
FGNSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
FGNSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 86.00% | 0.00% | 283.00% | 98.10% |
FGNSX - Distributions
Dividend Yield Analysis
FGNSX | Category Low | Category High | FGNSX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.37% | 0.00% | 14.56% | 34.22% |
Dividend Distribution Analysis
FGNSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FGNSX | Category Low | Category High | FGNSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.66% | -0.53% | 5.33% | 93.91% |
Capital Gain Distribution Analysis
FGNSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.028 | OrdinaryDividend |
Mar 01, 2024 | $0.026 | DailyAccrualFund |
Feb 01, 2024 | $0.026 | DailyAccrualFund |
Jan 01, 2024 | $0.030 | DailyAccrualFund |
Dec 01, 2023 | $0.026 | DailyAccrualFund |
Nov 01, 2023 | $0.027 | DailyAccrualFund |
Oct 01, 2023 | $0.026 | DailyAccrualFund |
Sep 01, 2023 | $0.026 | DailyAccrualFund |
Aug 01, 2023 | $0.024 | DailyAccrualFund |
Jul 01, 2023 | $0.023 | DailyAccrualFund |
Jun 01, 2023 | $0.022 | DailyAccrualFund |
May 01, 2023 | $0.021 | DailyAccrualFund |
Apr 01, 2023 | $0.021 | DailyAccrualFund |
Mar 01, 2023 | $0.019 | DailyAccrualFund |
Feb 01, 2023 | $0.019 | DailyAccrualFund |
Jan 01, 2023 | $0.019 | DailyAccrualFund |
Dec 01, 2022 | $0.016 | DailyAccrualFund |
Nov 01, 2022 | $0.015 | DailyAccrualFund |
Oct 03, 2022 | $0.012 | DailyAccrualFund |
Sep 01, 2022 | $0.012 | DailyAccrualFund |
Aug 01, 2022 | $0.008 | DailyAccrualFund |
Jul 01, 2022 | $0.007 | DailyAccrualFund |
Jun 01, 2022 | $0.006 | DailyAccrualFund |
May 02, 2022 | $0.005 | DailyAccrualFund |
Apr 01, 2022 | $0.004 | DailyAccrualFund |
Feb 01, 2022 | $0.003 | DailyAccrualFund |
Jan 01, 2022 | $0.003 | DailyAccrualFund |
Dec 01, 2021 | $0.003 | DailyAccrualFund |
Nov 01, 2021 | $0.003 | DailyAccrualFund |
Oct 01, 2021 | $0.003 | DailyAccrualFund |
Sep 01, 2021 | $0.003 | DailyAccrualFund |
Aug 01, 2021 | $0.003 | DailyAccrualFund |
Jul 01, 2021 | $0.004 | DailyAccrualFund |
Jun 01, 2021 | $0.004 | DailyAccrualFund |
May 01, 2021 | $0.004 | DailyAccrualFund |
Apr 01, 2021 | $0.004 | DailyAccrualFund |
Mar 01, 2021 | $0.004 | DailyAccrualFund |
Feb 01, 2021 | $0.005 | DailyAccrualFund |
Jan 04, 2021 | $0.010 | DailyAccrualFund |
Dec 01, 2020 | $0.005 | DailyAccrualFund |
Nov 02, 2020 | $0.007 | DailyAccrualFund |
Oct 01, 2020 | $0.007 | DailyAccrualFund |
Sep 01, 2020 | $0.008 | DailyAccrualFund |
Aug 03, 2020 | $0.008 | DailyAccrualFund |
Jul 01, 2020 | $0.009 | DailyAccrualFund |
Jun 01, 2020 | $0.010 | DailyAccrualFund |
May 01, 2020 | $0.011 | DailyAccrualFund |
Apr 01, 2020 | $0.015 | DailyAccrualFund |
Mar 02, 2020 | $0.012 | DailyAccrualFund |
Feb 03, 2020 | $0.012 | DailyAccrualFund |
Jan 02, 2020 | $0.013 | DailyAccrualFund |
Dec 02, 2019 | $0.001 | DailyAccrualFund |
Nov 01, 2019 | $0.001 | DailyAccrualFund |
Oct 01, 2019 | $0.001 | DailyAccrualFund |
Sep 03, 2019 | $0.001 | DailyAccrualFund |
Aug 01, 2019 | $0.002 | DailyAccrualFund |
Jul 01, 2019 | $0.015 | OrdinaryDividend |
Jun 03, 2019 | $0.016 | DailyAccrualFund |
May 01, 2019 | $0.016 | DailyAccrualFund |
Apr 01, 2019 | $0.016 | DailyAccrualFund |
Mar 01, 2019 | $0.014 | DailyAccrualFund |
Feb 01, 2019 | $0.015 | DailyAccrualFund |
Jan 02, 2019 | $0.016 | DailyAccrualFund |
Dec 03, 2018 | $0.014 | DailyAccrualFund |
Nov 01, 2018 | $0.015 | DailyAccrualFund |
Oct 01, 2018 | $0.014 | DailyAccrualFund |
Sep 04, 2018 | $0.014 | DailyAccrualFund |
Aug 01, 2018 | $0.013 | DailyAccrualFund |
Jul 02, 2018 | $0.012 | DailyAccrualFund |
Jun 01, 2018 | $0.012 | DailyAccrualFund |
May 01, 2018 | $0.013 | DailyAccrualFund |
Apr 02, 2018 | $0.011 | DailyAccrualFund |
FGNSX - Fund Manager Analysis
Managers
Christopher Heavey
Start Date
Tenure
Tenure Rank
Dec 28, 2017
4.42
4.4%
Christopher Heavey is portfolio manager. Since joining Fidelity Investments in 1998, Mr. Heavey has worked as a senior research analyst and portfolio manager.
Jonathan Duggan
Start Date
Tenure
Tenure Rank
Apr 11, 2019
3.14
3.1%
Jonathan Duggan is lead portfolio manager of the fund, which he has managed since 2018. He also manages other funds. Since joining Fidelity Investments in 2007, Mr. Duggan has worked as team leader of fixed income research and portfolio manager.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |