Strategic Advisers Income Opportunities Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.8%
1 yr return
13.4%
3 Yr Avg Return
3.3%
5 Yr Avg Return
4.5%
Net Assets
$1.2 B
Holdings in Top 10
50.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.82%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FPIOX - Profile
Distributions
- YTD Total Return 8.8%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 4.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 4.57%
- Dividend Yield 6.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameStrategic Advisers Income Opportunities Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateNov 19, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCharles Sterling
Fund Description
FPIOX - Performance
Return Ranking - Trailing
Period | FPIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.8% | -7.0% | 15.5% | 17.75% |
1 Yr | 13.4% | -1.8% | 17.8% | 24.10% |
3 Yr | 3.3%* | -14.3% | 21.4% | 31.95% |
5 Yr | 4.5%* | -11.1% | 37.3% | 28.92% |
10 Yr | 4.4%* | -4.9% | 20.1% | 25.12% |
* Annualized
Return Ranking - Calendar
Period | FPIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | -4.7% | 14.3% | 49.18% |
2022 | -15.1% | -33.4% | 3.6% | 42.08% |
2021 | 0.5% | -8.4% | 8.2% | 34.25% |
2020 | 0.0% | -13.2% | 302.7% | 46.74% |
2019 | 8.5% | -4.4% | 13.3% | 39.38% |
Total Return Ranking - Trailing
Period | FPIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.8% | -7.0% | 15.5% | 17.75% |
1 Yr | 13.4% | -1.8% | 17.8% | 24.10% |
3 Yr | 3.3%* | -14.3% | 21.4% | 31.95% |
5 Yr | 4.5%* | -11.1% | 37.3% | 28.92% |
10 Yr | 4.4%* | -4.9% | 20.1% | 25.12% |
* Annualized
Total Return Ranking - Calendar
Period | FPIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.0% | -4.7% | 18.7% | 58.33% |
2022 | -10.3% | -33.4% | 47.8% | 43.40% |
2021 | 6.2% | -8.4% | 12.4% | 26.37% |
2020 | 5.8% | -9.6% | 325.6% | 43.92% |
2019 | 15.5% | -3.8% | 19.4% | 15.61% |
NAV & Total Return History
FPIOX - Holdings
Concentration Analysis
FPIOX | Category Low | Category High | FPIOX % Rank | |
---|---|---|---|---|
Net Assets | 1.2 B | 3.13 M | 23.6 B | 36.48% |
Number of Holdings | 1310 | 2 | 3879 | 4.75% |
Net Assets in Top 10 | 671 M | -492 M | 5.25 B | 11.29% |
Weighting of Top 10 | 50.10% | 4.2% | 146.0% | 4.91% |
Top 10 Holdings
- Fidelity Capital and Income Fund 11.35%
- BlackRock High Yield K 10.35%
- Artisan High Income Investor 10.22%
- Eaton Vance Income Fund of Boston A 8.18%
- NYLI MacKay High Yield Corporate Bd Cl A 5.28%
- Vanguard High-Yield Corporate Adm 3.01%
- State Street Instl US Govt MMkt Premier 0.63%
- UST NOTES 4% 02/15/2034 0.44%
- TPC GROUP INC P/P 0.37%
- MESQUITE ENERGY INC 0.29%
Asset Allocation
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
Stocks | 50.35% | 0.00% | 99.64% | 1.14% |
Bonds | 48.37% | 0.00% | 145.36% | 96.58% |
Convertible Bonds | 0.95% | 0.00% | 17.89% | 59.57% |
Preferred Stocks | 0.67% | 0.00% | 4.97% | 12.77% |
Cash | 0.61% | -52.00% | 48.02% | 90.18% |
Other | 0.00% | -39.08% | 99.96% | 93.45% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
Energy | 28.95% | 0.00% | 100.00% | 51.33% |
Consumer Cyclical | 14.76% | 0.00% | 100.00% | 18.88% |
Technology | 13.40% | 0.00% | 33.17% | 6.78% |
Communication Services | 9.16% | 0.00% | 99.99% | 35.40% |
Healthcare | 6.65% | 0.00% | 22.17% | 4.72% |
Basic Materials | 6.08% | 0.00% | 100.00% | 22.12% |
Utilities | 5.60% | 0.00% | 100.00% | 12.09% |
Industrials | 5.32% | 0.00% | 93.12% | 16.22% |
Consumer Defense | 4.92% | 0.00% | 100.00% | 13.57% |
Financial Services | 3.56% | 0.00% | 100.00% | 23.89% |
Real Estate | 1.59% | 0.00% | 86.71% | 17.99% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
US | 50.35% | 0.00% | 99.64% | 1.15% |
Non US | 0.00% | -0.01% | 0.83% | 27.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
Corporate | 94.33% | 0.00% | 100.00% | 52.79% |
Government | 0.29% | 0.00% | 99.07% | 23.93% |
Municipal | 0.11% | 0.00% | 1.17% | 6.07% |
Securitized | 0.03% | 0.00% | 97.24% | 45.41% |
Cash & Equivalents | 0.02% | 0.00% | 48.02% | 87.89% |
Derivative | 0.00% | -14.19% | 42.26% | 93.29% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
US | 48.00% | 0.00% | 126.57% | 95.91% |
Non US | 0.38% | 0.00% | 96.91% | 37.32% |
FPIOX - Expenses
Operational Fees
FPIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.02% | 38.33% | 62.25% |
Management Fee | 0.42% | 0.00% | 1.75% | 16.48% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
FPIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FPIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
FPIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 33.00% | 1.00% | 255.00% | 8.94% |
FPIOX - Distributions
Dividend Yield Analysis
FPIOX | Category Low | Category High | FPIOX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.31% | 0.00% | 11.76% | 48.62% |
Dividend Distribution Analysis
FPIOX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
FPIOX | Category Low | Category High | FPIOX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.57% | -2.39% | 9.30% | 39.83% |
Capital Gain Distribution Analysis
FPIOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.046 | OrdinaryDividend |
Sep 30, 2024 | $0.045 | OrdinaryDividend |
Aug 31, 2024 | $0.046 | OrdinaryDividend |
Jul 31, 2024 | $0.046 | OrdinaryDividend |
Apr 30, 2024 | $0.047 | OrdinaryDividend |
Mar 31, 2024 | $0.047 | OrdinaryDividend |
Feb 29, 2024 | $0.043 | OrdinaryDividend |
Jan 31, 2024 | $0.042 | OrdinaryDividend |
Dec 31, 2023 | $0.053 | OrdinaryDividend |
Nov 30, 2023 | $0.043 | OrdinaryDividend |
Oct 31, 2023 | $0.045 | OrdinaryDividend |
Sep 29, 2023 | $0.040 | OrdinaryDividend |
Aug 31, 2023 | $0.044 | OrdinaryDividend |
Jul 31, 2023 | $0.042 | OrdinaryDividend |
Jun 30, 2023 | $0.043 | OrdinaryDividend |
May 31, 2023 | $0.041 | OrdinaryDividend |
Apr 30, 2023 | $0.043 | OrdinaryDividend |
Mar 31, 2023 | $0.043 | OrdinaryDividend |
Feb 28, 2023 | $0.041 | OrdinaryDividend |
Jan 31, 2023 | $0.040 | OrdinaryDividend |
Dec 31, 2022 | $0.045 | OrdinaryDividend |
Nov 30, 2022 | $0.041 | OrdinaryDividend |
Oct 31, 2022 | $0.042 | OrdinaryDividend |
Sep 30, 2022 | $0.041 | OrdinaryDividend |
Aug 31, 2022 | $0.041 | OrdinaryDividend |
Jul 29, 2022 | $0.039 | OrdinaryDividend |
Jun 30, 2022 | $0.042 | OrdinaryDividend |
May 31, 2022 | $0.041 | OrdinaryDividend |
Apr 29, 2022 | $0.036 | OrdinaryDividend |
Mar 31, 2022 | $0.038 | OrdinaryDividend |
Feb 28, 2022 | $0.035 | OrdinaryDividend |
Jan 31, 2022 | $0.034 | OrdinaryDividend |
Dec 31, 2021 | $0.042 | OrdinaryDividend |
Dec 30, 2021 | $0.030 | CapitalGainShortTerm |
Dec 22, 2021 | $0.038 | OrdinaryDividend |
Nov 30, 2021 | $0.034 | OrdinaryDividend |
Oct 29, 2021 | $0.036 | OrdinaryDividend |
Sep 30, 2021 | $0.033 | OrdinaryDividend |
Aug 31, 2021 | $0.035 | OrdinaryDividend |
Jul 30, 2021 | $0.035 | OrdinaryDividend |
Jun 30, 2021 | $0.034 | OrdinaryDividend |
May 28, 2021 | $0.035 | OrdinaryDividend |
Apr 30, 2021 | $0.034 | OrdinaryDividend |
Mar 31, 2021 | $0.035 | OrdinaryDividend |
Feb 26, 2021 | $0.034 | OrdinaryDividend |
Jan 29, 2021 | $0.031 | OrdinaryDividend |
Dec 31, 2020 | $0.041 | OrdinaryDividend |
Dec 23, 2020 | $0.014 | OrdinaryDividend |
Nov 30, 2020 | $0.034 | OrdinaryDividend |
Oct 30, 2020 | $0.036 | OrdinaryDividend |
Sep 30, 2020 | $0.037 | OrdinaryDividend |
Aug 31, 2020 | $0.036 | OrdinaryDividend |
Jul 31, 2020 | $0.037 | OrdinaryDividend |
Jun 30, 2020 | $0.037 | OrdinaryDividend |
May 29, 2020 | $0.039 | OrdinaryDividend |
Apr 30, 2020 | $0.037 | OrdinaryDividend |
Mar 31, 2020 | $0.041 | OrdinaryDividend |
Feb 28, 2020 | $0.038 | OrdinaryDividend |
Jan 31, 2020 | $0.036 | OrdinaryDividend |
Dec 31, 2019 | $0.049 | OrdinaryDividend |
Dec 26, 2019 | $0.038 | Extra |
Nov 29, 2019 | $0.040 | OrdinaryDividend |
Oct 31, 2019 | $0.041 | OrdinaryDividend |
Sep 30, 2019 | $0.040 | OrdinaryDividend |
Aug 30, 2019 | $0.041 | OrdinaryDividend |
Jul 31, 2019 | $0.043 | OrdinaryDividend |
Jun 28, 2019 | $0.039 | OrdinaryDividend |
Apr 05, 2019 | $0.004 | CapitalGainShortTerm |
Dec 27, 2018 | $0.006 | ExtraDividend |
Apr 06, 2018 | $0.012 | CapitalGainShortTerm |
Apr 13, 2015 | $0.020 | CapitalGainShortTerm |
Apr 13, 2015 | $0.091 | CapitalGainLongTerm |
Dec 30, 2014 | $0.010 | CapitalGainShortTerm |
Dec 30, 2014 | $0.062 | CapitalGainLongTerm |
Apr 14, 2014 | $0.068 | CapitalGainLongTerm |
Dec 30, 2013 | $0.053 | CapitalGainShortTerm |
Dec 30, 2013 | $0.004 | CapitalGainLongTerm |
Apr 15, 2013 | $0.010 | CapitalGainLongTerm |
Dec 31, 2012 | $0.030 | CapitalGainShortTerm |
Dec 29, 2011 | $0.002 | CapitalGainShortTerm |
Dec 29, 2011 | $0.006 | CapitalGainLongTerm |
Dec 31, 2010 | $0.007 | CapitalGainShortTerm |
Apr 19, 2010 | $0.005 | CapitalGainShortTerm |
Dec 29, 2009 | $0.010 | CapitalGainShortTerm |
FPIOX - Fund Manager Analysis
Managers
Charles Sterling
Start Date
Tenure
Tenure Rank
Aug 23, 2018
3.77
3.8%
Since joining Fidelity Investments in 1996, Mr. Sterling has worked as research analyst and portfolio manager.
Jonathan Duggan
Start Date
Tenure
Tenure Rank
Apr 01, 2019
3.17
3.2%
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 |
---|---|---|---|
0.13 | 37.79 | 7.32 | 8.17 |