Fidelity SAI Investment Grade Securitized Fund (FSMOX)
The fund primarily invests in investment-grade securitized debt securities and repurchase agreements, focusing on mortgage-backed securities, commercial mortgage-backed securities, and other asset-backed securities issued by the U.S. Government, foreign governments, and corporations.
Fund Info
May 17, 2023
North America (U.S.)
Expense Ratio
FSMOX features an expense ratio of 0.33%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity SAI 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 SAI Investment Grade Securitized Fund had a return of 0.63% year-to-date (YTD) and 4.57% in the last 12 months.
FSMOX
0.63%
0.84%
-1.24%
4.57%
N/A
N/A
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of FSMOX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.63% | 0.63% | |||||||||||
| 2024 | 0.08% | -1.75% | 0.62% | -2.55% | 1.98% | 0.94% | 2.96% | 1.21% | 1.65% | -2.88% | 1.42% | -1.69% | 1.79% |
| 2023 | -0.04% | -0.51% | -0.03% | -0.85% | -3.49% | -1.78% | 5.43% | 3.99% | 2.45% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSMOX is 34, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity SAI Investment Grade Securitized Fund (FSMOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity SAI Investment Grade Securitized Fund provided a 5.03% dividend yield over the last twelve months, with an annual payout of $0.49 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $0.49 | $0.49 | $0.28 |
Dividend yield | 5.03% | 5.06% | 2.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity SAI 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.49 |
| 2023 | $0.02 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.28 |
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 SAI 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 SAI Investment Grade Securitized Fund was 7.69%, occurring on Oct 19, 2023. Recovery took 38 trading sessions.
The current Fidelity SAI Investment Grade Securitized Fund drawdown is 3.15%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.69% | Jun 2, 2023 | 97 | Oct 19, 2023 | 38 | Dec 13, 2023 | 135 |
| -5.15% | Sep 17, 2024 | 81 | Jan 13, 2025 | — | — | — |
| -4.41% | Feb 2, 2024 | 59 | Apr 25, 2024 | 53 | Jul 11, 2024 | 112 |
| -2.06% | Dec 28, 2023 | 19 | Jan 24, 2024 | 6 | Feb 1, 2024 | 25 |
| -1.8% | May 18, 2023 | 6 | May 25, 2023 | 4 | Jun 1, 2023 | 10 |
Volatility
Volatility Chart
The current Fidelity SAI Investment Grade Securitized Fund volatility is 1.43%, 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.