Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 11/18/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity SAI Total Bond Fund

FSMTX | Fund

$8.98

$19.7 B

4.64%

$0.42

0.29%

Vitals

YTD Return

3.2%

1 yr return

8.1%

3 Yr Avg Return

-1.2%

5 Yr Avg Return

1.1%

Net Assets

$19.7 B

Holdings in Top 10

19.6%

52 WEEK LOW AND HIGH

$9.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.29%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 180.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/18/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity SAI Total Bond Fund

FSMTX | Fund

$8.98

$19.7 B

4.64%

$0.42

0.29%

FSMTX - Profile

Distributions

  • YTD Total Return 3.2%
  • 3 Yr Annualized Total Return -1.2%
  • 5 Yr Annualized Total Return 1.1%
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 2.66%
DIVIDENDS
  • Dividend Yield 4.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity SAI Total Bond Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Oct 25, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Foggin

Fund Description

Normally investing at least 80% of assets in debt securities of all types and repurchase agreements for those securities. Using the Bloomberg U.S. Universal Bond Index as a guide in allocating assets across the investment-grade, high yield, and emerging markets asset classes. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics. Investing up to 20% of assets in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). Managing the fund to have similar overall interest rate risk to the index. Investing in domestic and foreign issuers. Allocating assets across different asset classes, market sectors, and maturities. Analyzing the credit quality of the issuer, the issuer's potential for success, the credit, currency, and economic risks of the security and its issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments. Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.
Read More

FSMTX - Performance

Return Ranking - Trailing

Period FSMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -6.4% 11.1% 16.02%
1 Yr 8.1% -2.1% 16.2% 17.25%
3 Yr -1.2%* -10.6% 27.5% 10.51%
5 Yr 1.1%* -7.5% 58.4% 9.14%
10 Yr N/A* -2.9% 73.8% N/A

* Annualized

Return Ranking - Calendar

Period FSMTX Return Category Return Low Category Return High Rank in Category (%)
2023 2.7% -16.2% 8.1% 22.33%
2022 -15.4% -34.7% 131.9% 33.68%
2021 -3.0% -11.6% 4.4% 35.09%
2020 2.5% -10.1% 946.1% 79.07%
2019 4.6% -1.7% 16.9% 76.16%

Total Return Ranking - Trailing

Period FSMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -6.4% 11.1% 16.02%
1 Yr 8.1% -2.1% 16.2% 17.25%
3 Yr -1.2%* -10.6% 27.5% 10.51%
5 Yr 1.1%* -7.5% 58.4% 9.14%
10 Yr N/A* -2.9% 73.8% N/A

* Annualized

Total Return Ranking - Calendar

Period FSMTX Return Category Return Low Category Return High Rank in Category (%)
2023 7.3% -11.3% 11.9% 12.65%
2022 -12.7% -32.2% 131.9% 23.37%
2021 0.3% -9.4% 9.2% 17.16%
2020 9.3% -1.9% 1009.0% 27.53%
2019 10.2% 1.1% 21668.0% 15.18%

NAV & Total Return History

FSMTX - Holdings

Concentration Analysis

FSMTX Category Low Category High FSMTX % Rank
Net Assets 19.7 B 2.9 M 314 B 11.38%
Number of Holdings 6439 1 17787 4.52%
Net Assets in Top 10 3.91 B 1.62 M 35.1 B 13.46%
Weighting of Top 10 19.64% 4.4% 432.9% 63.36%

Top 10 Holdings

  1. UST NOTES 2.75% 08/15/2032 3.17%
  2. UST NOTES 3.375% 05/15/2033 2.89%
  3. UST NOTES 4.375% 05/15/2034 2.68%
  4. UMBS 30YR 2% 09/01/2054 #TBA 2.34%
  5. Fidelity Cash Central Fund 2.11%
  6. UNITED STATES TREASURY BOND 4.125% 08/15/2053 1.36%
  7. UST NOTES 4.25% 06/30/2031 1.35%
  8. UMBS 30YR 2% 10/01/2054 #TBA 1.33%
  9. UNITED STATES TREASURY BOND 4.25% 02/15/2054 1.23%
  10. UNITED STATES TREASURY BOND 2% 08/15/2051 1.17%

Asset Allocation

Weighting Return Low Return High FSMTX % Rank
Bonds 		104.84% 0.00% 993.61% 13.85%
Cash 		2.36% -54.51% 237.69% 53.24%
Convertible Bonds 		1.81% 0.00% 7.93% 36.44%
Preferred Stocks 		0.47% 0.00% 71.02% 9.76%
Stocks 		0.13% 0.00% 99.99% 18.56%
Other 		0.01% -16.55% 52.94% 81.29%

Stock Sector Breakdown

Weighting Return Low Return High FSMTX % Rank
Energy 		72.68% 0.00% 100.00% 26.51%
Consumer Cyclical 		12.86% 0.00% 100.00% 9.04%
Utilities 		10.11% 0.00% 100.00% 13.86%
Communication Services 		4.30% 0.00% 100.00% 24.70%
Financial Services 		0.06% 0.00% 100.00% 39.76%
Technology 		0.00% 0.00% 43.45% 44.58%
Real Estate 		0.00% 0.00% 99.26% 43.37%
Industrials 		0.00% 0.00% 48.31% 54.22%
Healthcare 		0.00% 0.00% 17.70% 40.36%
Consumer Defense 		0.00% 0.00% 99.67% 40.96%
Basic Materials 		0.00% 0.00% 100.00% 45.18%

Stock Geographic Breakdown

Weighting Return Low Return High FSMTX % Rank
US 		0.13% 0.00% 99.99% 18.60%
Non US 		0.00% 0.00% 86.16% 26.41%

Bond Sector Breakdown

Weighting Return Low Return High FSMTX % Rank
Government 		37.41% 0.00% 86.23% 23.50%
Corporate 		35.76% 0.00% 100.00% 32.51%
Securitized 		21.43% 0.00% 98.40% 78.78%
Cash & Equivalents 		2.36% -0.46% 237.69% 50.77%
Municipal 		0.49% 0.00% 100.00% 47.31%
Derivative 		0.01% -1.58% 44.82% 50.87%

Bond Geographic Breakdown

Weighting Return Low Return High FSMTX % Rank
US 		103.32% 0.00% 993.61% 16.24%
Non US 		1.52% 0.00% 30.95% 21.89%

FSMTX - Expenses

Operational Fees

FSMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.29% 0.01% 39.64% 92.14%
Management Fee 0.28% 0.00% 1.76% 24.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FSMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FSMTX 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.

FSMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 180.00% 2.00% 493.39% 62.11%

FSMTX - Distributions

Dividend Yield Analysis

FSMTX Category Low Category High FSMTX % Rank
Dividend Yield 4.64% 0.00% 10.11% 18.56%

Dividend Distribution Analysis

FSMTX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Quarterly

Net Income Ratio Analysis

FSMTX Category Low Category High FSMTX % Rank
Net Income Ratio 2.66% -1.28% 4.79% 7.04%

Capital Gain Distribution Analysis

FSMTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Monthly Annually Annually Annually

Distributions History

View More +

FSMTX - Fund Manager Analysis

Managers

Michael Foggin

Start Date

Tenure

Tenure Rank

Oct 25, 2018

3.6

3.6%

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

Celso Munoz

Start Date

Tenure

Tenure Rank

Oct 25, 2018

3.6

3.6%

Celso Munoz is a portfolio manager at FMRCo. In this role he co-manages multiple bond funds and is a member of the bond division’s Core/Core Plus team. Prior to assuming his current position, Mr. Munoz worked as a research analyst covering the insurance industry and the GSEs. Previously, he worked as an equity research analyst from 2005 to 2012. Mr. Munoz joined Fidelity in 2005 and has been in the investments industry since 1999. Mr. Munoz earned his bachelor of science degree in economics from the University of Pennsylvania and his MBA from Harvard Business School. He is a CFA charterholder.

Ford O'Neil

Start Date

Tenure

Tenure Rank

Oct 25, 2018

3.6

3.6%

Ford O’Neil is a portfolio manager at FMRCo. In this role, Mr. O’Neil manages various retail and institutional taxable bond funds/portfolios. His responsibilities include managing multiple Fidelity and Fidelity Advisor funds and various institutional comingled pools. Prior to assuming his current role, he worked as an analyst focusing on the utility sector from 1990 to 1992. Mr. O’Neil joined Fidelity in 1990 and has been in the investments industry since 1985. He earned his bachelor of arts degree from Harvard College and his MBA from The Wharton School at the University of Pennsylvania.

Michael Weaver

Start Date

Tenure

Tenure Rank

Oct 25, 2018

3.6

3.6%

Michael Weaver is a portfolio manager at FMR Co. In this role, Mr. Weaver is responsible for co-managing Fidelity Total Bond ETF, multiple institutional high yield portfolios, and co-manages all of Fidelity’s collateralized loan obligation strategies. Previously, Mr. Weaver held various positions in the High Income Group, including portfolio manager covering Select Automotive from 2009 to 2013. Mr. Weaver joined Fidelity in 2005, and has been in the investments industry since 1998. Mr. Weaver earned his BS degree in economics from the Wharton School at the University of Pennsylvania.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.77 1.16

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.