Fidelity SAI International Credit (FSNDX)
| Fund Assets | 1.67B |
| Expense Ratio | 0.41% |
| Min. Investment | $0.00 |
| Turnover | 73.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 3.94% |
| Dividend Growth | 8.40% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 11, 2025 |
| Previous Close | 10.82 |
| YTD Return | 2.76% |
| 1-Year Return | 5.60% |
| 5-Year Return | n/a |
| 52-Week Low | 10.41 |
| 52-Week High | 10.87 |
| Beta (5Y) | n/a |
| Holdings | 269 |
| Inception Date | Mar 1, 2023 |
About FSNDX
Fidelity SAI International Credit Fund is an open-end mutual fund specializing in global fixed income investments. Its primary objective is to generate a high level of current income by investing mainly in debt securities issued by foreign companies and governments, including those located in emerging markets. The fund typically allocates at least 80% of its assets to various types of debt instruments and repurchase agreements, diversifying across multiple sectors, regions, and credit qualities. While it concentrates on investment-grade bonds, it may invest up to 20% in high-yield (below investment grade) debt. Notably, the fund employs currency hedging strategies using forward contracts to manage foreign exchange risk, and it may utilize derivatives such as swaps, options, and futures for both hedging and exposure adjustment. Managed by a team at Fidelity Investments, the fund pays dividends quarterly and is aimed at investors seeking exposure to international credit markets within a professionally managed, diversified fixed income portfolio. It plays a significant role in providing access to global bond opportunities and risk-adjusted income outside domestic markets.
Performance
FSNDX had a total return of 5.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.83%.
Top 10 Holdings
23.66% of assets| Name | Symbol | Weight |
|---|---|---|
| UST NOTES 4.125% 10/31/2031 | T.4.125 10.31.31 | 5.89% |
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 5.10% |
| UNITED STATES TREASURY BOND 6.25% 05/15/2030 | n/a | 2.44% |
| UST NOTES 1% 07/31/2028 | n/a | 1.67% |
| UST NOTES 4.625% 04/30/2029 | T.4.625 04.30.29 | 1.55% |
| UNITED STATES TREASURY BOND 2.25% 05/15/2041 | n/a | 1.53% |
| ING GROEP NV 3%/VAR 08/17/2031 REGS | INTNED.V3 08.17.31 eMTN | 1.49% |
| UST NOTES 3.625% 09/30/2031 | T.3.625 09.30.31 | 1.37% |
| CANADA, GOVERNMENT OF - CANADA GOVERNMENT OF 2% 06/01/2032 | CAN.2 06.01.32 | 1.33% |
| UST NOTES 4.125% 02/29/2032 | T.4.125 02.29.32 | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 11, 2025 | $0.070 | Jul 14, 2025 |
| Apr 4, 2025 | $0.098 | Apr 7, 2025 |
| Feb 14, 2025 | $0.002 | Feb 18, 2025 |
| Dec 18, 2024 | $0.158 | Dec 19, 2024 |
| Oct 4, 2024 | $0.098 | Oct 7, 2024 |
| Jul 5, 2024 | $0.085 | Jul 8, 2024 |