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Morningstar

Fidelity SAI Sustainable Low Dur Inc Fd FAPFX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.29  /  +0.01 %
  • Total Assets 24.4 Mil
  • Adj. Expense Ratio
    0.200%
  • Expense Ratio 0.200%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.92%
  • Effective Duration 0.68 years

USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:12 PM GMT+0

Morningstar’s Analysis FAPFX

Will FAPFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FAPFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FAPFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FAPFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin Fidelity SAI Sustainable Low Dur Inc Fd's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FAPFX

More FAPFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

8.70 1.5 Mil
Government

United States Treasury Bills 0%

8.26 1.4 Mil
Government

United States Treasury Notes 3%

6.26 1.1 Mil
Cash and Equivalents

United States Treasury Bills 0%

5.73 1.0 Mil
Government

United States Treasury Bills 0%

3.22 562,621
Government

Fidelity Cash Central Fund

2.93 511,774
Cash and Equivalents

Morgan Stanley 5.85369%

0.86 150,090
Corporate

Canadian Imperial Bank of Commerce 3.1%

0.61 106,000
Corporate

Citigroup Inc. 0.981%

0.57 99,562
Corporate

JPMorgan Chase & Co. 2.005%

0.47 82,175
Corporate