Strategic Advisers Income Opportunities Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.8%
1 yr return
12.0%
3 Yr Avg Return
2.3%
5 Yr Avg Return
4.0%
Net Assets
$1.43 B
Holdings in Top 10
54.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.80%
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 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FPIOX - Profile
Distributions
- YTD Total Return 1.8%
- 3 Yr Annualized Total Return 2.3%
- 5 Yr Annualized Total Return 4.0%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 4.57%
- Dividend Yield 6.0%
- 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 | 1.8% | -4.9% | 8.2% | 24.96% |
1 Yr | 12.0% | -4.3% | 26.0% | 40.38% |
3 Yr | 2.3%* | -15.6% | 20.6% | 30.39% |
5 Yr | 4.0%* | -11.2% | 37.3% | 28.15% |
10 Yr | 3.8%* | -4.7% | 19.5% | 25.88% |
* Annualized
Return Ranking - Calendar
Period | FPIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | -4.7% | 14.3% | 49.22% |
2022 | -15.1% | -33.4% | 3.6% | 42.32% |
2021 | 0.5% | -8.4% | 14.9% | 33.77% |
2020 | 0.0% | -13.9% | 302.7% | 47.39% |
2019 | 8.5% | -4.4% | 13.3% | 38.28% |
Total Return Ranking - Trailing
Period | FPIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | -4.9% | 8.2% | 24.96% |
1 Yr | 12.0% | -4.3% | 26.0% | 40.38% |
3 Yr | 2.3%* | -15.6% | 20.6% | 30.39% |
5 Yr | 4.0%* | -11.2% | 37.3% | 28.15% |
10 Yr | 3.8%* | -4.7% | 19.5% | 25.88% |
* Annualized
Total Return Ranking - Calendar
Period | FPIOX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.0% | -4.7% | 18.7% | 57.30% |
2022 | -10.3% | -33.4% | 47.8% | 42.63% |
2021 | 6.2% | -8.4% | 24.8% | 25.45% |
2020 | 5.8% | -9.6% | 325.6% | 43.19% |
2019 | 15.5% | -3.8% | 21.5% | 15.34% |
NAV & Total Return History
FPIOX - Holdings
Concentration Analysis
FPIOX | Category Low | Category High | FPIOX % Rank | |
---|---|---|---|---|
Net Assets | 1.43 B | 1.85 M | 22.6 B | 31.34% |
Number of Holdings | 1151 | 2 | 2736 | 5.40% |
Net Assets in Top 10 | 788 M | -492 M | 4.45 B | 8.95% |
Weighting of Top 10 | 54.13% | 4.2% | 149.6% | 3.70% |
Top 10 Holdings
- Artisan High Income Investor 14.75%
- Fidelity Capital and Income Fund 9.38%
- MainStay MacKay High Yield Corp Bd A 8.65%
- BlackRock High Yield Bond K 7.93%
- Eaton Vance Income Fund of Boston A 7.86%
- Vanguard High-Yield Corporate Adm 3.36%
- State Street Instl US Govt MMkt Premier 0.74%
- UST NOTES 2.625% 05/31/2027 0.66%
- UST NOTES 4.25% 05/31/2025 0.40%
- ASURION TERM B4 2LN 01/20/2029 0.40%
Asset Allocation
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
Stocks | 53.96% | 0.00% | 99.61% | 1.08% |
Bonds | 44.60% | -3.13% | 154.38% | 96.62% |
Convertible Bonds | 0.95% | 0.00% | 17.89% | 59.10% |
Cash | 0.87% | -52.00% | 49.49% | 89.97% |
Preferred Stocks | 0.62% | 0.00% | 8.06% | 15.90% |
Other | -0.05% | -63.70% | 102.57% | 89.97% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
Energy | 28.95% | 0.00% | 100.00% | 51.68% |
Consumer Cyclical | 14.76% | 0.00% | 100.00% | 18.16% |
Technology | 13.40% | 0.00% | 33.17% | 6.42% |
Communication Services | 9.16% | 0.00% | 99.99% | 34.64% |
Healthcare | 6.65% | 0.00% | 22.17% | 5.59% |
Basic Materials | 6.08% | 0.00% | 100.00% | 21.79% |
Utilities | 5.60% | 0.00% | 100.00% | 13.41% |
Industrials | 5.32% | 0.00% | 93.12% | 16.76% |
Consumer Defense | 4.92% | 0.00% | 100.00% | 14.80% |
Financial Services | 3.56% | 0.00% | 100.00% | 24.02% |
Real Estate | 1.59% | 0.00% | 86.71% | 18.16% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
US | 53.96% | 0.00% | 99.61% | 1.08% |
Non US | 0.00% | -0.01% | 0.83% | 41.36% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
Corporate | 94.33% | 0.00% | 129.69% | 52.70% |
Government | 0.29% | 0.00% | 99.07% | 24.27% |
Cash & Equivalents | 0.20% | 0.00% | 49.49% | 84.41% |
Municipal | 0.11% | 0.00% | 4.66% | 6.49% |
Securitized | 0.03% | 0.00% | 97.24% | 44.67% |
Derivative | -0.05% | -15.04% | 42.26% | 91.05% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FPIOX % Rank | |
---|---|---|---|---|
US | 44.40% | -3.13% | 129.21% | 96.14% |
Non US | 0.20% | 0.00% | 97.33% | 39.97% |
FPIOX - Expenses
Operational Fees
FPIOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.80% | 0.04% | 31.61% | 65.90% |
Management Fee | 0.40% | 0.00% | 1.84% | 13.38% |
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% | 8.83% |
FPIOX - Distributions
Dividend Yield Analysis
FPIOX | Category Low | Category High | FPIOX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.96% | 0.00% | 35.52% | 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% | 14.30% | 40.35% |
Capital Gain Distribution Analysis
FPIOX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 01, 2024 | $0.043 | DailyAccrualFund |
Feb 01, 2024 | $0.042 | DailyAccrualFund |
Jan 01, 2024 | $0.053 | DailyAccrualFund |
Dec 01, 2023 | $0.043 | DailyAccrualFund |
Nov 01, 2023 | $0.045 | DailyAccrualFund |
Oct 01, 2023 | $0.040 | DailyAccrualFund |
Sep 01, 2023 | $0.044 | DailyAccrualFund |
Aug 01, 2023 | $0.042 | DailyAccrualFund |
Jul 01, 2023 | $0.043 | DailyAccrualFund |
Jun 01, 2023 | $0.041 | DailyAccrualFund |
May 01, 2023 | $0.043 | DailyAccrualFund |
Apr 01, 2023 | $0.043 | DailyAccrualFund |
Mar 01, 2023 | $0.041 | DailyAccrualFund |
Feb 01, 2023 | $0.040 | DailyAccrualFund |
Jan 01, 2023 | $0.045 | DailyAccrualFund |
Dec 01, 2022 | $0.041 | DailyAccrualFund |
Nov 01, 2022 | $0.042 | DailyAccrualFund |
Oct 03, 2022 | $0.041 | DailyAccrualFund |
Sep 01, 2022 | $0.041 | DailyAccrualFund |
Aug 01, 2022 | $0.039 | DailyAccrualFund |
Jul 01, 2022 | $0.042 | DailyAccrualFund |
Jun 01, 2022 | $0.041 | DailyAccrualFund |
May 02, 2022 | $0.036 | DailyAccrualFund |
Apr 01, 2022 | $0.038 | DailyAccrualFund |
Feb 01, 2022 | $0.034 | DailyAccrualFund |
Jan 01, 2022 | $0.042 | DailyAccrualFund |
Dec 23, 2021 | $0.038 | DailyAccrualFund |
Dec 01, 2021 | $0.034 | DailyAccrualFund |
Nov 01, 2021 | $0.036 | DailyAccrualFund |
Oct 01, 2021 | $0.033 | DailyAccrualFund |
Sep 01, 2021 | $0.035 | DailyAccrualFund |
Aug 01, 2021 | $0.035 | DailyAccrualFund |
Jul 01, 2021 | $0.034 | DailyAccrualFund |
Jun 01, 2021 | $0.035 | DailyAccrualFund |
May 01, 2021 | $0.034 | DailyAccrualFund |
Apr 01, 2021 | $0.035 | DailyAccrualFund |
Mar 01, 2021 | $0.034 | DailyAccrualFund |
Feb 01, 2021 | $0.031 | DailyAccrualFund |
Jan 04, 2021 | $0.041 | DailyAccrualFund |
Dec 24, 2020 | $0.014 | OrdinaryDividend |
Dec 01, 2020 | $0.034 | DailyAccrualFund |
Nov 02, 2020 | $0.036 | DailyAccrualFund |
Oct 01, 2020 | $0.037 | DailyAccrualFund |
Sep 01, 2020 | $0.036 | DailyAccrualFund |
Aug 03, 2020 | $0.037 | DailyAccrualFund |
Jul 01, 2020 | $0.037 | DailyAccrualFund |
Jun 01, 2020 | $0.039 | DailyAccrualFund |
May 01, 2020 | $0.037 | DailyAccrualFund |
Apr 01, 2020 | $0.041 | DailyAccrualFund |
Mar 02, 2020 | $0.038 | DailyAccrualFund |
Feb 03, 2020 | $0.036 | DailyAccrualFund |
Jan 02, 2020 | $0.049 | DailyAccrualFund |
Dec 27, 2019 | $0.038 | ExtraDividend |
Dec 02, 2019 | $0.040 | DailyAccrualFund |
Nov 01, 2019 | $0.041 | DailyAccrualFund |
Oct 01, 2019 | $0.040 | DailyAccrualFund |
Sep 03, 2019 | $0.041 | DailyAccrualFund |
Aug 01, 2019 | $0.043 | DailyAccrualFund |
Jul 01, 2019 | $0.039 | OrdinaryDividend |
Jun 03, 2019 | $0.043 | DailyAccrualFund |
May 01, 2019 | $0.043 | DailyAccrualFund |
Mar 01, 2019 | $0.034 | DailyAccrualFund |
Feb 01, 2019 | $0.035 | DailyAccrualFund |
Jan 02, 2019 | $0.060 | DailyAccrualFund |
Dec 28, 2018 | $0.006 | ExtraDividend |
Aug 01, 2018 | $0.037 | DailyAccrualFund |
Jul 02, 2018 | $0.035 | DailyAccrualFund |
Jun 01, 2018 | $0.036 | DailyAccrualFund |
Apr 02, 2018 | $0.040 | DailyAccrualFund |
Mar 01, 2018 | $0.036 | DailyAccrualFund |
Feb 01, 2018 | $0.035 | DailyAccrualFund |
Jan 02, 2018 | $0.054 | DailyAccrualFund |
Dec 01, 2017 | $0.038 | DailyAccrualFund |
Nov 01, 2017 | $0.039 | DailyAccrualFund |
Oct 02, 2017 | $0.037 | DailyAccrualFund |
Sep 01, 2017 | $0.038 | DailyAccrualFund |
Aug 01, 2017 | $0.040 | DailyAccrualFund |
Jun 01, 2017 | $0.041 | DailyAccrualFund |
May 01, 2017 | $0.041 | DailyAccrualFund |
Mar 01, 2017 | $0.037 | DailyAccrualFund |
Feb 01, 2017 | $0.038 | DailyAccrualFund |
Jan 03, 2017 | $0.051 | DailyAccrualFund |
Sep 01, 2016 | $0.042 | DailyAccrualFund |
Jul 01, 2016 | $0.041 | DailyAccrualFund |
May 02, 2016 | $0.039 | DailyAccrualFund |
Apr 01, 2016 | $0.041 | DailyAccrualFund |
Mar 01, 2016 | $0.039 | DailyAccrualFund |
Feb 01, 2016 | $0.038 | DailyAccrualFund |
Jan 04, 2016 | $0.054 | DailyAccrualFund |
Dec 01, 2015 | $0.039 | DailyAccrualFund |
Nov 02, 2015 | $0.040 | DailyAccrualFund |
Aug 03, 2015 | $0.040 | DailyAccrualFund |
Jul 01, 2015 | $0.049 | DailyAccrualFund |
Jun 01, 2015 | $0.041 | DailyAccrualFund |
May 01, 2015 | $0.041 | DailyAccrualFund |
Apr 01, 2015 | $0.051 | DailyAccrualFund |
Mar 02, 2015 | $0.037 | DailyAccrualFund |
Feb 02, 2015 | $0.038 | DailyAccrualFund |
Jan 02, 2015 | $0.061 | DailyAccrualFund |
Dec 01, 2014 | $0.040 | DailyAccrualFund |
Nov 01, 2014 | $0.039 | DailyAccrualFund |
Oct 01, 2014 | $0.055 | DailyAccrualFund |
Sep 02, 2014 | $0.042 | DailyAccrualFund |
Aug 01, 2014 | $0.041 | DailyAccrualFund |
Jul 01, 2014 | $0.057 | DailyAccrualFund |
Jun 01, 2014 | $0.043 | DailyAccrualFund |
May 01, 2014 | $0.041 | DailyAccrualFund |
Apr 01, 2014 | $0.057 | DailyAccrualFund |
Mar 01, 2014 | $0.043 | DailyAccrualFund |
Feb 01, 2014 | $0.043 | DailyAccrualFund |
Jan 01, 2014 | $0.058 | DailyAccrualFund |
Dec 02, 2013 | $0.043 | DailyAccrualFund |
Nov 01, 2013 | $0.043 | DailyAccrualFund |
Oct 01, 2013 | $0.050 | DailyAccrualFund |
Sep 03, 2013 | $0.048 | DailyAccrualFund |
Aug 01, 2013 | $0.045 | DailyAccrualFund |
Jul 01, 2013 | $0.051 | DailyAccrualFund |
Jun 03, 2013 | $0.048 | DailyAccrualFund |
May 01, 2013 | $0.048 | DailyAccrualFund |
Apr 01, 2013 | $0.049 | DailyAccrualFund |
Mar 01, 2013 | $0.046 | DailyAccrualFund |
Feb 01, 2013 | $0.047 | DailyAccrualFund |
Jan 02, 2013 | $0.056 | DailyAccrualFund |
Dec 01, 2012 | $0.049 | DailyAccrualFund |
Nov 01, 2012 | $0.047 | DailyAccrualFund |
Oct 01, 2012 | $0.052 | DailyAccrualFund |
Sep 04, 2012 | $0.049 | DailyAccrualFund |
Aug 01, 2012 | $0.047 | DailyAccrualFund |
Jul 01, 2012 | $0.050 | DailyAccrualFund |
Jun 01, 2012 | $0.050 | DailyAccrualFund |
May 01, 2012 | $0.050 | DailyAccrualFund |
Apr 01, 2012 | $0.051 | DailyAccrualFund |
Mar 01, 2012 | $0.049 | DailyAccrualFund |
Feb 01, 2012 | $0.050 | DailyAccrualFund |
Jan 01, 2012 | $0.090 | DailyAccrualFund |
Dec 01, 2011 | $0.051 | DailyAccrualFund |
Nov 01, 2011 | $0.052 | DailyAccrualFund |
Oct 03, 2011 | $0.052 | DailyAccrualFund |
Sep 01, 2011 | $0.053 | DailyAccrualFund |
Aug 01, 2011 | $0.049 | DailyAccrualFund |
Jul 01, 2011 | $0.053 | DailyAccrualFund |
Jun 01, 2011 | $0.053 | DailyAccrualFund |
May 02, 2011 | $0.048 | DailyAccrualFund |
Apr 01, 2011 | $0.055 | DailyAccrualFund |
Mar 01, 2011 | $0.047 | DailyAccrualFund |
Feb 01, 2011 | $0.050 | DailyAccrualFund |
Jan 03, 2011 | $0.113 | DailyAccrualFund |
Dec 01, 2010 | $0.053 | DailyAccrualFund |
Nov 01, 2010 | $0.050 | DailyAccrualFund |
Oct 01, 2010 | $0.054 | DailyAccrualFund |
Sep 01, 2010 | $0.054 | DailyAccrualFund |
Aug 02, 2010 | $0.050 | DailyAccrualFund |
Jul 01, 2010 | $0.057 | DailyAccrualFund |
Jun 01, 2010 | $0.056 | DailyAccrualFund |
May 03, 2010 | $0.045 | DailyAccrualFund |
Apr 01, 2010 | $0.059 | DailyAccrualFund |
Mar 01, 2010 | $0.049 | DailyAccrualFund |
Feb 01, 2010 | $0.050 | DailyAccrualFund |
Jan 04, 2010 | $0.092 | DailyAccrualFund |
Dec 01, 2009 | $0.052 | DailyAccrualFund |
Nov 02, 2009 | $0.045 | DailyAccrualFund |
Oct 01, 2009 | $0.059 | DailyAccrualFund |
Sep 01, 2009 | $0.053 | DailyAccrualFund |
Aug 03, 2009 | $0.045 | DailyAccrualFund |
Jul 01, 2009 | $0.056 | DailyAccrualFund |
Jun 01, 2009 | $0.052 | DailyAccrualFund |
May 01, 2009 | $0.043 | DailyAccrualFund |
Apr 01, 2009 | $0.057 | DailyAccrualFund |
Mar 02, 2009 | $0.049 | DailyAccrualFund |
Feb 02, 2009 | $0.041 | DailyAccrualFund |
Jan 02, 2009 | $0.077 | DailyAccrualFund |
Dec 01, 2008 | $0.056 | DailyAccrualFund |
Nov 03, 2008 | $0.053 | DailyAccrualFund |
Oct 01, 2008 | $0.057 | DailyAccrualFund |
Sep 02, 2008 | $0.054 | DailyAccrualFund |
Aug 01, 2008 | $0.052 | DailyAccrualFund |
Jul 01, 2008 | $0.058 | DailyAccrualFund |
Jun 02, 2008 | $0.054 | DailyAccrualFund |
May 01, 2008 | $0.049 | DailyAccrualFund |
Apr 01, 2008 | $0.057 | DailyAccrualFund |
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 | 7.12 | 8.17 |