Fidelity Strategic Real Return Fund (FSRRX)
The investment seeks real return consistent with reasonable investment risk. The fund allocates the assets among four general investment categories: inflation-protected debt securities, floating rate loans, commodity-linked derivative instruments and related investments, and real estate investment trusts (REITs) and other real estate related investments. It uses a neutral mix of approximately 25% inflation-protected debt securities, 25% floating rate loans, 30% commodity-linked derivative instruments and related investments, and 20% REITs and other real estate related investments. The fund invests in domestic and foreign issuers.
Fund Info
| ISIN | US3159128814 |
|---|---|
| CUSIP | 315912881 |
| Issuer | Fidelity |
| Inception Date | Sep 7, 2005 |
| Category | Diversified Portfolio |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
FSRRX features an expense ratio of 0.70%, 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: FSRRX vs. VTI, FSRRX vs. FSDIX, FSRRX vs. FMSDX, FSRRX vs. INPFX, FSRRX vs. VOO, FSRRX vs. PIMIX, FSRRX vs. JPST
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Strategic Real Return 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 Strategic Real Return Fund had a return of 6.30% year-to-date (YTD) and 9.24% in the last 12 months. Over the past 10 years, Fidelity Strategic Real Return Fund had an annualized return of 3.43%, while the S&P 500 had an annualized return of 11.39%, indicating that Fidelity Strategic Real Return Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.30% | 25.48% |
| 1 month | -0.92% | 2.14% |
| 6 months | 2.26% | 12.76% |
| 1 year | 9.24% | 33.14% |
| 5 years (annualized) | 5.59% | 13.96% |
| 10 years (annualized) | 3.43% | 11.39% |
Monthly Returns
The table below presents the monthly returns of FSRRX, 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 | -0.60% | 0.12% | 2.41% | -0.50% | 2.27% | -0.23% | 1.20% | 0.82% | 1.74% | -0.90% | 6.30% | ||
| 2023 | 3.33% | -2.53% | 0.00% | 0.59% | -3.08% | 2.69% | 2.48% | -0.59% | -1.42% | -1.56% | 2.48% | 2.39% | 4.59% |
| 2022 | -0.00% | 1.07% | 3.50% | -1.25% | -0.52% | -6.69% | 4.51% | -0.87% | -6.33% | 2.97% | 2.85% | -1.91% | -3.34% |
| 2021 | 0.71% | 2.22% | 0.57% | 3.64% | 1.32% | 1.08% | 1.77% | 0.21% | 0.00% | 2.45% | -1.82% | 2.77% | 15.84% |
| 2020 | -0.83% | -2.52% | -11.59% | 4.18% | 2.82% | 1.70% | 3.58% | 2.24% | -1.34% | -0.17% | 4.11% | 2.62% | 3.74% |
| 2019 | 4.34% | 0.98% | 0.85% | 0.42% | -0.84% | 1.33% | 0.43% | 0.48% | 0.48% | 0.34% | -0.60% | 1.90% | 10.48% |
| 2018 | 0.11% | -1.69% | 0.80% | 0.79% | 1.13% | 0.11% | -0.47% | 0.34% | 0.11% | -1.66% | 0.00% | -3.56% | -4.00% |
| 2017 | 0.57% | 1.02% | -1.01% | 0.01% | -0.23% | 0.00% | 1.15% | 0.57% | -0.23% | 0.77% | 0.23% | 1.18% | 4.08% |
| 2016 | -0.97% | -0.25% | 3.81% | 2.38% | 0.35% | 2.54% | -0.02% | -0.57% | 0.91% | -0.59% | -0.00% | 1.25% | 9.09% |
| 2015 | 0.89% | 0.22% | -0.99% | 1.11% | -0.88% | -0.66% | -1.99% | -1.48% | -0.81% | 0.47% | -2.22% | -1.41% | -7.54% |
| 2014 | 1.42% | 2.37% | 0.32% | 1.44% | 0.52% | 0.52% | -1.24% | 0.31% | -3.13% | 1.47% | -0.43% | -2.30% | 1.12% |
| 2013 | 1.35% | -0.51% | 1.03% | 0.55% | -2.44% | -2.70% | 1.07% | -0.53% | 0.32% | 0.71% | -1.07% | 0.14% | -2.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FSRRX is 46, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Strategic Real Return Fund (FSRRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Strategic Real Return Fund provided a 4.65% dividend yield over the last twelve months, with an annual payout of $0.40 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.44 | $0.61 | $0.50 | $0.19 | $0.26 | $0.31 | $0.22 | $0.19 | $0.13 | $0.20 | $0.21 |
Dividend yield | 4.65% | 5.29% | 7.31% | 5.35% | 2.25% | 3.05% | 3.96% | 2.49% | 2.14% | 1.63% | 2.18% | 2.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Strategic Real Return 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 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.27 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.00 | $0.13 | $0.44 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.41 | $0.00 | $0.10 | $0.61 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.37 | $0.00 | $0.07 | $0.50 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.08 | $0.19 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.10 | $0.26 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.14 | $0.00 | $0.09 | $0.31 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.09 | $0.22 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.06 | $0.19 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.02 | $0.13 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.05 | $0.20 |
| 2013 | $0.02 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.06 | $0.21 |
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 Strategic Real Return 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 Strategic Real Return Fund was 33.43%, occurring on Mar 9, 2009. Recovery took 401 trading sessions.
The current Fidelity Strategic Real Return Fund drawdown is 1.47%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.43% | Jul 7, 2008 | 170 | Mar 9, 2009 | 401 | Oct 8, 2010 | 571 |
| -19.93% | Jan 7, 2020 | 53 | Mar 23, 2020 | 166 | Nov 16, 2020 | 219 |
| -15.24% | Jun 30, 2014 | 407 | Feb 9, 2016 | 567 | May 10, 2018 | 974 |
| -12.78% | Apr 21, 2022 | 110 | Sep 27, 2022 | 479 | Aug 23, 2024 | 589 |
| -8.03% | May 2, 2011 | 108 | Oct 3, 2011 | 143 | Apr 27, 2012 | 251 |
Volatility
Volatility Chart
The current Fidelity Strategic Real Return Fund volatility is 1.47%, 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.