Fidelity Series Investment Grade Securitized Fund (FHPFX)
The fund normally invests at least 80% of assets in investment-grade securitized debt securities (those of medium and high quality) and repurchase agreements for those securities. It invests in securitized debt securities (including mortgage-backed securities, commercial mortgage-backed securities, and other asset-backed securities) issued by the U.S. government and its agencies or instrumentalities, foreign governments, and corporations.
Fund Info
| ISIN | US3158074530 |
|---|---|
| CUSIP | 315807453 |
| Issuer | Fidelity |
| Inception Date | Aug 17, 2018 |
| Category | Total Bond Market |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
FHPFX has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Series Investment Grade Securitized Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Series Investment Grade Securitized Fund had a return of -1.23% year-to-date (YTD) and 1.20% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.23% | 10.00% |
| 1 month | 1.17% | 2.41% |
| 6 months | 4.29% | 16.70% |
| 1 year | 1.20% | 26.85% |
| 5 years (annualized) | -0.13% | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of FHPFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.20% | -1.67% | 0.57% | -2.47% | -1.23% | ||||||||
| 2023 | 3.65% | -2.67% | 1.99% | 0.33% | -0.48% | -0.36% | -0.02% | -0.79% | -3.31% | -1.92% | 5.45% | 4.01% | 5.62% |
| 2022 | -1.49% | -0.98% | -2.78% | -3.50% | 1.21% | -1.74% | 3.01% | -3.07% | -4.98% | -1.49% | 4.10% | -0.67% | -12.04% |
| 2021 | 0.20% | -0.71% | -0.66% | 0.64% | -0.19% | 0.10% | 0.73% | -0.05% | -0.36% | -0.33% | -0.12% | -0.04% | -0.81% |
| 2020 | 0.95% | 1.17% | 0.86% | 0.84% | 0.23% | 0.09% | 0.53% | 0.17% | 0.01% | -0.03% | 0.09% | 0.22% | 5.24% |
| 2019 | 0.87% | -0.03% | 1.57% | -0.07% | 1.64% | 0.75% | 0.34% | 1.11% | -0.16% | 0.37% | 0.01% | 0.10% | 6.69% |
| 2018 | 0.18% | -0.58% | -0.64% | 0.89% | 1.76% | 1.59% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FHPFX is 8, indicating that it is in the bottom 8% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FHPFX (Fidelity Series Investment Grade Securitized Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Series Investment Grade Securitized Fund (FHPFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Series Investment Grade Securitized Fund granted a 4.10% dividend yield in the last twelve months. The annual payout for that period amounted to $0.36 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.35 | $0.20 | $0.09 | $0.38 | $0.39 | $0.12 |
Dividend yield | 4.10% | 3.85% | 2.28% | 0.83% | 3.59% | 3.81% | 1.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Series Investment Grade Securitized Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.12 | |||||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.35 |
| 2022 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.20 |
| 2021 | $0.02 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.01 | $0.02 | $0.09 |
| 2020 | $0.03 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.22 | $0.01 | $0.01 | $0.38 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.08 | $0.02 | $0.06 | $0.39 |
| 2018 | $0.01 | $0.02 | $0.03 | $0.03 | $0.03 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Series Investment Grade Securitized 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 Investment Grade Securitized Fund was 17.42%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Fidelity Series Investment Grade Securitized Fund drawdown is 9.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.42% | Feb 2, 2021 | 436 | Oct 20, 2022 | — | — | — |
| -4.46% | Mar 10, 2020 | 8 | Mar 19, 2020 | 7 | Mar 30, 2020 | 15 |
| -1.62% | Sep 4, 2018 | 45 | Nov 5, 2018 | 21 | Dec 6, 2018 | 66 |
| -1.15% | Sep 5, 2019 | 7 | Sep 13, 2019 | 34 | Oct 31, 2019 | 41 |
| -0.79% | Jan 4, 2019 | 11 | Jan 18, 2019 | 8 | Jan 31, 2019 | 19 |
Volatility
Volatility Chart
The current Fidelity Series Investment Grade Securitized Fund volatility is 1.61%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.