PortfoliosLab logo
Fidelity Series International Credit Fund (FCDSX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US31638R7254

CUSIP

31638R725

Issuer

Fidelity

Inception Date

Jul 25, 2017

Category

Global Bonds

Min. Investment

$0

Asset Class

Bond

Expense Ratio

FCDSX has an expense ratio of 0.00%, meaning no management fees are charged.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FCDSX vs. BNDX
Popular comparisons:

Performance

Performance Chart


Loading data...

S&P 500

Returns By Period

Fidelity Series International Credit Fund (FCDSX) returned 2.62% year-to-date (YTD) and 9.55% over the past 12 months.


FCDSX

YTD

2.62%

1M

-0.00%

6M

2.24%

1Y

9.55%

3Y*

3.37%

5Y*

1.32%

10Y*

N/A

^GSPC (Benchmark)

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

Monthly Returns

The table below presents the monthly returns of FCDSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.85%1.56%-0.71%0.91%-0.00%2.62%
20241.25%-0.87%1.87%-1.50%1.26%1.00%2.30%1.34%1.80%-0.92%1.56%-0.84%8.47%
20233.90%-1.62%-1.14%0.76%-0.39%-0.52%0.92%0.00%-0.78%-0.47%3.05%3.87%7.64%
2022-1.81%-2.44%-1.91%-3.61%-1.47%-5.26%4.48%-3.03%-5.41%-0.64%3.48%-0.78%-17.34%
2021-0.49%-1.31%-0.20%0.79%0.20%0.90%1.29%0.00%-1.08%-0.33%0.20%0.01%-0.06%
20202.38%0.68%-7.99%4.22%1.62%1.89%2.23%-0.00%0.19%0.36%2.22%0.75%8.34%
20192.21%0.81%2.06%0.78%1.01%1.90%1.18%2.15%-0.00%0.34%0.19%0.10%13.45%
2018-0.30%-0.70%0.30%-0.12%-0.41%-0.20%0.96%0.20%-0.20%-0.55%-0.82%0.81%-1.04%
20170.00%0.70%-0.20%0.89%0.10%0.41%1.91%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 89, FCDSX is among the top 11% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FCDSX is 8989
Overall Rank
The Sharpe Ratio Rank of FCDSX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of FCDSX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of FCDSX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of FCDSX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of FCDSX is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Series International Credit Fund (FCDSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Fidelity Series International Credit Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 2.59
  • 5-Year: 0.30
  • All Time: 0.62

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Fidelity Series International Credit Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

Fidelity Series International Credit Fund provided a 4.71% dividend yield over the last twelve months, with an annual payout of $0.39 per share.


2.00%3.00%4.00%5.00%6.00%7.00%$0.00$0.20$0.40$0.60$0.8020172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017
Dividend$0.39$0.40$0.29$0.52$0.30$0.67$0.72$0.40$0.19

Dividend yield

4.71%4.81%3.67%6.73%3.04%6.58%7.12%4.17%1.90%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Series International Credit Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.11$0.00$0.11
2024$0.00$0.00$0.00$0.11$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.14$0.40
2023$0.00$0.00$0.00$0.06$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.08$0.29
2022$0.00$0.06$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.26$0.52
2021$0.00$0.05$0.00$0.06$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.06$0.30
2020$0.00$0.00$0.00$0.07$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.45$0.67
2019$0.00$0.10$0.00$0.07$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.42$0.72
2018$0.00$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.00$0.07$0.00$0.21$0.40
2017$0.04$0.00$0.15$0.19

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Series International Credit Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Series International Credit Fund was 22.33%, occurring on Oct 21, 2022. The portfolio has not yet recovered.

The current Fidelity Series International Credit Fund drawdown is 2.44%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-22.33%Sep 15, 2021279Oct 21, 2022
-11.86%Mar 9, 20209Mar 19, 202092Jul 30, 2020101
-2.38%Jan 6, 202150Mar 18, 202175Jul 6, 2021125
-2.03%Jan 9, 2018233Dec 11, 201829Jan 24, 2019262
-1.24%Sep 5, 20197Sep 13, 201913Oct 2, 201920
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...