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Morningstar

Fidelity SAI Investment Grd Seczd FSMOX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.61  /  +0.32 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.330%
  • Expense Ratio 0.330%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.56%
  • Effective Duration 5.70 years

USD | NAV as of May 31, 2024 | 1-Day Return as of May 31, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FSMOX

Will FSMOX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSMOX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSMOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FSMOX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Fidelity SAI Investment Grd Seczd earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers. The strategy changed its peer group last March, moving from the Short-Term Bond category to the Intermediate Core Bond Morningstar Category.

by Morningstar Manager Research
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Portfolio Holdings FSMOX

More FSMOX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

12.00 183.7 Mil
Cash and Equivalents

Federal National Mortgage Association 2%

10.32 157.9 Mil
Securitized

Federal National Mortgage Association 2.5%

4.34 66.4 Mil
Securitized

Government National Mortgage Association 3%

3.75 57.5 Mil
Securitized

Government National Mortgage Association 2%

3.03 46.4 Mil
Securitized

Government National Mortgage Association 2%

2.97 45.5 Mil
Securitized

Federal Home Loan Mortgage Corp. 2%

2.76 42.3 Mil
Securitized

Government National Mortgage Association 2.5%

2.73 41.8 Mil
Securitized

Federal National Mortgage Association 6%

2.33 35.6 Mil
Securitized

Federal National Mortgage Association 6%

2.23 34.1 Mil
Securitized