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Morningstar

Fidelity SAI Low Duration Income FZOLX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.09  /  +0.01 %
  • Total Assets 7.7 Bil
  • Adj. Expense Ratio
    0.200%
  • Expense Ratio 0.200%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.33%
  • Effective Duration 0.50 years

USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FZOLX

Will FZOLX 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 FZOLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FZOLX 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 FZOLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Fidelity SAI Low Duration Income's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FZOLX

More FZOLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3%

5.94 356.4 Mil
Cash and Equivalents

United States Treasury Notes 4.125%

5.56 333.8 Mil
Government

United States Treasury Notes 4.75%

4.96 297.5 Mil
Government

Fidelity Cash Central Fund

2.42 145.5 Mil
Cash and Equivalents

United States Treasury Notes 4.25%

1.41 84.4 Mil
Government

United States Treasury Bills 0%

1.40 84.1 Mil
Government

Bank of Montreal 6.04%

0.50 30.0 Mil
Cash and Equivalents

Goldman Sachs Group, Inc. 5.7%

0.48 28.5 Mil
Corporate

Deutsche Bank AG New York Branch 3.961%

0.46 27.6 Mil
Corporate

Ares Xxxiv Clo Ltd 6.63653%

0.44 26.5 Mil
Securitized