Fidelity Multi-Asset Income Fund (FMSDX)
The fund normally invests primarily in income producing securities of all types. It allocates the fund's assets among equity and debt securities, including common and preferred stock, investment-grade debt securities, lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), floating rate securities, and convertible securities.
Fund Info
| ISIN | US31638R7171 |
|---|---|
| CUSIP | 31638R717 |
| Issuer | Fidelity |
| Inception Date | Sep 9, 2015 |
| Category | Diversified Portfolio |
| Asset Class | Multi-Asset |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The Fidelity Multi-Asset Income Fund has a high expense ratio of 0.78%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Multi-Asset Income 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 Multi-Asset Income Fund had a return of 1.69% year-to-date (YTD) and 6.93% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.69% | 5.29% |
| 1 month | -0.93% | -2.47% |
| 6 months | 9.92% | 16.40% |
| 1 year | 6.93% | 20.88% |
| 5 years (annualized) | 8.62% | 11.60% |
| 10 years (annualized) | N/A | 10.43% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.77% | 0.96% | 3.09% | |||||||||
| 2023 | -2.99% | -1.50% | 4.81% | 3.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Fidelity Multi-Asset Income Fund(FMSDX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Multi-Asset Income Fund (FMSDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Multi-Asset Income Fund granted a 4.16% dividend yield in the last twelve months. The annual payout for that period amounted to $0.56 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.57 | $0.59 | $0.48 | $0.45 | $0.33 | $0.36 |
Dividend yield | 4.16% | 4.23% | 4.71% | 3.22% | 3.40% | 2.82% | 3.70% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Multi-Asset Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.05 | $0.05 | |||||||||
| 2023 | $0.04 | $0.06 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.06 | $0.04 | $0.05 | $0.05 | $0.04 |
| 2022 | $0.03 | $0.14 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.06 | $0.05 | $0.04 |
| 2021 | $0.02 | $0.07 | $0.04 | $0.03 | $0.05 | $0.04 | $0.03 | $0.05 | $0.04 | $0.03 | $0.05 | $0.04 |
| 2020 | $0.02 | $0.05 | $0.03 | $0.03 | $0.05 | $0.05 | $0.02 | $0.07 | $0.03 | $0.02 | $0.05 | $0.03 |
| 2019 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 |
| 2018 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.16 | $0.06 |
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 Multi-Asset Income 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 Multi-Asset Income Fund was 21.64%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.
The current Fidelity Multi-Asset Income Fund drawdown is 3.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.64% | Feb 21, 2020 | 22 | Mar 23, 2020 | 53 | Jun 8, 2020 | 75 |
| -17.49% | Nov 10, 2021 | 223 | Sep 27, 2022 | 376 | Mar 21, 2024 | 599 |
| -7.1% | Dec 4, 2018 | 14 | Dec 24, 2018 | 24 | Jan 30, 2019 | 38 |
| -5.77% | Sep 3, 2020 | 14 | Sep 23, 2020 | 35 | Nov 11, 2020 | 49 |
| -4.58% | Jun 9, 2020 | 14 | Jun 26, 2020 | 15 | Jul 20, 2020 | 29 |
Volatility
Volatility Chart
The current Fidelity Multi-Asset Income Fund volatility is 1.87%, 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.