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
FMSDX features an expense ratio of 0.78%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FMSDX vs. VBINX, FMSDX vs. DFQTX, FMSDX vs. FAGIX, FMSDX vs. FBALX, FMSDX vs. BAICX, FMSDX vs. SCHD, FMSDX vs. FSKAX, FMSDX vs. FBNDX, FMSDX vs. FBND, FMSDX vs. GOVT
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 12.34% year-to-date (YTD) and 18.12% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.34% | 25.48% |
| 1 month | 1.30% | 2.14% |
| 6 months | 6.07% | 12.76% |
| 1 year | 18.12% | 33.14% |
| 5 years (annualized) | 8.90% | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of FMSDX, 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 | 0.77% | 0.96% | 2.75% | -2.31% | 3.81% | -0.07% | 1.74% | 0.43% | 2.32% | -1.14% | 12.34% | ||
| 2023 | 6.24% | -0.17% | 0.55% | -0.84% | -0.89% | 2.61% | 1.64% | -1.39% | -2.99% | -1.49% | 4.81% | 3.57% | 11.79% |
| 2022 | -2.63% | -1.15% | 1.43% | -6.95% | -1.71% | -5.84% | 4.51% | -0.79% | -4.89% | 2.02% | 4.32% | -2.27% | -13.76% |
| 2021 | 1.02% | 3.22% | 2.43% | 3.35% | 1.72% | 0.49% | 0.34% | 1.01% | -1.82% | 4.00% | -1.42% | 2.08% | 17.50% |
| 2020 | -1.13% | -3.56% | -6.74% | 6.83% | 3.44% | 0.49% | 5.32% | 3.56% | -2.22% | -1.64% | 8.49% | 3.56% | 16.38% |
| 2019 | 5.28% | 1.59% | 0.83% | 3.02% | -2.75% | 4.64% | 1.33% | 0.54% | 0.26% | 1.69% | 1.83% | 2.91% | 23.07% |
| 2018 | 0.01% | 1.79% | 0.10% | 0.97% | 1.67% | -0.23% | -1.97% | 1.05% | -3.73% | -0.48% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FMSDX is 75, placing it in the top 25% 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.
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 provided a 3.65% dividend yield over the last twelve months, with an annual payout of $0.53 per share. The fund has been increasing its distributions for 5 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.57 | $0.48 | $0.45 | $0.43 | $0.32 | $0.19 |
Dividend yield | 3.65% | 4.24% | 3.88% | 2.98% | 3.26% | 2.76% | 1.90% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.00 | $0.43 | |
| 2023 | $0.04 | $0.06 | $0.04 | $0.04 | $0.06 | $0.04 | $0.04 | $0.06 | $0.04 | $0.05 | $0.05 | $0.04 | $0.57 |
| 2022 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.06 | $0.05 | $0.04 | $0.48 |
| 2021 | $0.02 | $0.04 | $0.04 | $0.03 | $0.05 | $0.04 | $0.03 | $0.05 | $0.04 | $0.03 | $0.05 | $0.04 | $0.45 |
| 2020 | $0.02 | $0.04 | $0.03 | $0.03 | $0.05 | $0.05 | $0.02 | $0.07 | $0.03 | $0.02 | $0.05 | $0.03 | $0.43 |
| 2019 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.02 | $0.32 |
| 2018 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $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.
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 0.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.64% | Feb 21, 2020 | 22 | Mar 23, 2020 | 53 | Jun 8, 2020 | 75 |
| -18.08% | Nov 10, 2021 | 223 | Sep 27, 2022 | 383 | Apr 1, 2024 | 606 |
| -7.94% | Sep 4, 2018 | 78 | Dec 24, 2018 | 25 | Jan 31, 2019 | 103 |
| -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 2.56%, 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.