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 12/20/2024

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 Low Duration Income Fund

FZOLX | Fund

$10.09

$7.82 B

10.70%

$1.08

0.21%

Vitals

YTD Return

5.6%

1 yr return

5.6%

3 Yr Avg Return

3.9%

5 Yr Avg Return

N/A

Net Assets

$7.82 B

Holdings in Top 10

27.6%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.21%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 15.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/20/2024

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 Low Duration Income Fund

FZOLX | Fund

$10.09

$7.82 B

10.70%

$1.08

0.21%

FZOLX - Profile

Distributions

  • YTD Total Return 5.6%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.17%
DIVIDENDS
  • Dividend Yield 10.7%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity SAI Low Duration Income Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Oct 14, 2020
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Julian Potenza

Fund Description

Normally investing at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. Normally maintaining a duration of 1 year or less. Managing the fund to have similar overall interest rate risk to the Bloomberg US Treasury Bill: 6-9 Months Index. Normally maintaining a dollar-weighted average maturity of two years or less. Allocating assets across different market sectors and maturities. Investing more than 25% of total assets in the financial services industries. Investing in domestic and foreign issuers. Analyzing the credit quality of the 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

FZOLX - Performance

Return Ranking - Trailing

Period FZOLX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -1.2% 8.5% 91.51%
1 Yr 5.6% -1.1% 8.5% 93.40%
3 Yr 3.9%* -1.4% 5.5% 65.37%
5 Yr N/A* -1.1% 4.4% N/A
10 Yr N/A* -4.1% 27.9% N/A

* Annualized

Return Ranking - Calendar

Period FZOLX Return Category Return Low Category Return High Rank in Category (%)
2023 1.5% -2.3% 4.3% 33.49%
2022 -0.8% -6.5% 0.5% 24.88%
2021 -0.2% -2.1% 0.3% 24.62%
2020 N/A -3.1% 1.8% N/A
2019 N/A -1.2% 6.1% N/A

Total Return Ranking - Trailing

Period FZOLX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -1.2% 8.5% 91.51%
1 Yr 5.6% -1.1% 8.5% 93.40%
3 Yr 3.9%* -1.4% 5.5% 65.37%
5 Yr N/A* -1.1% 4.4% N/A
10 Yr N/A* -4.1% 27.9% N/A

* Annualized

Total Return Ranking - Calendar

Period FZOLX Return Category Return Low Category Return High Rank in Category (%)
2023 5.6% 0.8% 12.1% 61.79%
2022 0.5% -5.1% 2.5% 30.73%
2021 0.0% -2.1% 14.5% 65.33%
2020 N/A -1.0% 3.6% N/A
2019 N/A 0.3% 9.6% N/A

NAV & Total Return History

FZOLX - Holdings

Concentration Analysis

FZOLX Category Low Category High FZOLX % Rank
Net Assets 7.82 B 26.6 K 28.6 B 15.09%
Number of Holdings 439 2 1258 23.58%
Net Assets in Top 10 2.07 B 27.7 K 22.7 B 8.96%
Weighting of Top 10 27.62% 6.3% 159.6% 38.68%

Top 10 Holdings

  1. UST NOTES 4.75% 07/31/2025 5.40%
  2. UST NOTES 4.25% 01/31/2026 5.09%
  3. UST BILLS 0% 01/02/2025 5.07%
  4. UST NOTES 4.125% 01/31/2025 4.48%
  5. Fidelity Cash Central Fund 4.40%
  6. UST BILLS 0% 09/12/2024 1.14%
  7. TRANSCANADA PIPELINES LTD 1% 10/12/2024 0.57%
  8. BARCLAYS PLC (UNGTD) 2.852%/VAR 05/07/2026 0.53%
  9. AMGEN INC 5.25% 03/02/2025 0.53%
  10. HUNTINGTON NATL BK COLUMBUS OH 5.699%/VAR 11/18/2025 0.42%

Asset Allocation

Weighting Return Low Return High FZOLX % Rank
Bonds 		95.50% 0.00% 129.63% 25.47%
Convertible Bonds 		6.82% 0.00% 15.25% 22.27%
Cash 		4.50% 0.00% 112.72% 53.30%
Stocks 		0.00% 0.00% 97.16% 28.30%
Preferred Stocks 		0.00% 0.00% 1.02% 12.74%
Other 		0.00% -13.48% 99.96% 76.42%

Bond Sector Breakdown

Weighting Return Low Return High FZOLX % Rank
Corporate 		54.24% 0.00% 99.91% 19.91%
Securitized 		18.42% 0.00% 100.00% 63.03%
Cash & Equivalents 		4.40% 0.00% 112.72% 45.28%
Government 		2.74% 0.00% 100.00% 44.08%
Derivative 		0.00% -13.48% 16.56% 27.83%
Municipal 		0.00% 0.00% 70.39% 50.24%

Bond Geographic Breakdown

Weighting Return Low Return High FZOLX % Rank
US 		95.50% 0.00% 129.63% 22.17%
Non US 		0.00% 0.00% 20.18% 24.53%

FZOLX - Expenses

Operational Fees

FZOLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.21% 0.08% 29.63% 89.00%
Management Fee 0.20% 0.00% 1.19% 24.53%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FZOLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.25% 1.00% N/A

Trading Fees

FZOLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

FZOLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.00% 0.00% 336.00% 3.93%

FZOLX - Distributions

Dividend Yield Analysis

FZOLX Category Low Category High FZOLX % Rank
Dividend Yield 10.70% 0.00% 8.76% 66.98%

Dividend Distribution Analysis

FZOLX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

FZOLX Category Low Category High FZOLX % Rank
Net Income Ratio 0.17% -1.30% 14.86% 76.47%

Capital Gain Distribution Analysis

FZOLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

FZOLX - Fund Manager Analysis

Managers

Julian Potenza

Start Date

Tenure

Tenure Rank

Sep 15, 2020

1.71

1.7%

Julian Potenza is a portfolio manager in the Fixed Income division at Fidelity Management & Research Company (FMR Co.), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Prior to joining Fidelity in 2007, Mr. Potenza was a credit analyst at Investors Bank and Trust. He has been in the investment industry since 2003. Mr. Potenza earned his bachelor of science degree in finance and economics from the Carroll School of Management at Boston College. He is also a CFA charterholder.

Robert Galusza

Start Date

Tenure

Tenure Rank

Sep 15, 2020

1.71

1.7%

Rob Galusza is a portfolio manager in the Fixed Income division at Fidelity Management & Research Company (FMR Co.), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Before joining Fidelity in 1987, Mr. Galusza was an international underwriter at Chubb and Son Inc. In this capacity, he performed risk analysis on international corporations. He has been in the insu rance and investments industries since 1985. Mr. Galusza earned his bachelor of science degree in finance, with concentrations in investments and marketing, from Babson College and his master of science in finance degree from Boston College’s Carroll School of Management.

David DeBiase

Start Date

Tenure

Tenure Rank

Sep 15, 2020

1.71

1.7%

Dave DeBiase is a portfolio manager in the Fixed Income division at Fidelity Management & Research Company (FMR Co.), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Since joining Fidelity Investments in 2006, Mr. DeBiase has worked as a trader and portfolio manager. Before joining Fidelity in 2006, he worked as a senior structured products analyst at Standish Mellon Asset Management. He has been in the investment industry since 2000. Mr. DeBiase earned his bachelor of business science degree in accounting from Bentley College and his master of business administration degree from Boston College. He is also a CFA charterholder and a board member of the Hamilton Wenham Edfund, which provides grants to promote educational excellence within the Hamilton Wenham school district.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 32.44 6.52 7.92

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.