Fidelity SAI Short-Term Bond Fund (FZOMX)
The fund primarily invests in investment-grade debt securities and repurchase agreements, aiming to maintain a short average maturity of three years or less.
Fund Info
Oct 13, 2020
$0
Expense Ratio
FZOMX has an expense ratio of 0.30%, placing it in 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 Short-Term Bond 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 Short-Term Bond Fund (FZOMX) returned 1.84% year-to-date (YTD) and 5.77% over the past 12 months.
FZOMX
1.84%
0.56%
2.46%
5.77%
N/A
N/A
^GSPC (Benchmark)
-3.77%
3.72%
-5.60%
8.55%
14.11%
10.45%
Monthly Returns
The table below presents the monthly returns of FZOMX, 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 | 0.57% | 0.64% | 0.47% | 0.66% | -0.51% | 1.84% | |||||||
| 2024 | 0.77% | -0.21% | -0.00% | 0.07% | 0.79% | 0.21% | 1.55% | 0.52% | 1.23% | -0.46% | 0.00% | 0.51% | 5.06% |
| 2023 | 1.20% | -0.65% | 1.18% | 0.21% | -0.02% | -0.27% | 0.51% | 0.41% | -0.31% | 0.51% | 1.27% | 0.94% | 5.07% |
| 2022 | -0.67% | -0.48% | -1.39% | -0.47% | 0.36% | -0.66% | 0.61% | -0.64% | -1.27% | -0.20% | 1.01% | 0.11% | -3.65% |
| 2021 | -0.04% | -0.06% | -0.17% | 0.14% | 0.14% | -0.07% | 0.23% | -0.07% | -0.07% | -0.47% | -0.07% | -0.16% | -0.67% |
| 2020 | -0.09% | 0.06% | 0.24% | 0.25% | 0.46% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 97, FZOMX is among the top 3% of mutual funds on our website when it comes to balancing risk and reward. Below is 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 Short-Term Bond Fund (FZOMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity SAI Short-Term Bond Fund provided a 4.35% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.41 | $0.32 | $0.09 | $0.04 | $0.02 |
Dividend yield | 4.35% | 4.28% | 3.27% | 1.00% | 0.43% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity SAI Short-Term Bond 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 | $0.04 | $0.03 | $0.04 | $0.03 | $0.00 | $0.14 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.04 | $0.03 | $0.05 | $0.41 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.09 |
| 2021 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2020 | $0.00 | $0.01 | $0.00 | $0.01 | $0.02 |
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 Short-Term Bond 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 Short-Term Bond Fund was 5.93%, occurring on Oct 20, 2022. Recovery took 292 trading sessions.
The current Fidelity SAI Short-Term Bond Fund drawdown is 0.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.93% | Aug 5, 2021 | 306 | Oct 20, 2022 | 292 | Dec 14, 2023 | 598 |
| -0.92% | Oct 2, 2024 | 19 | Oct 28, 2024 | 55 | Jan 16, 2025 | 74 |
| -0.73% | Apr 5, 2024 | 15 | Apr 25, 2024 | 6 | May 3, 2024 | 21 |
| -0.72% | Feb 2, 2024 | 14 | Feb 22, 2024 | 29 | Apr 3, 2024 | 43 |
| -0.72% | Apr 7, 2025 | 5 | Apr 11, 2025 | 12 | Apr 30, 2025 | 17 |
Volatility
Volatility Chart
The current Fidelity SAI Short-Term Bond Fund volatility is 0.75%, 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.