Morningstar

Fidelity Strategic Dividend & Income Fund FSDIX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $19.26  /  −0.31 %
  • Fund Size $5.6B
  • Adjusted Expense Ratio 0.620%
  • Net Expense Ratio 0.620%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Moderately Aggressive Allocation
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Investment Status Open
  • TTM Yield 2.25%
  • Turnover Ratio 41%
NAV and 1-Day Return as of

Morningstar’s Analysis FSDIX

Will FSDIX outperform in the 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 FSDIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSDIX 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 FSDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The retiring dignitary has prepared the team well.

Senior Analyst Hyunmin Kim

Hyunmin Kim

Senior Analyst

Summary

Fidelity Strategic Dividend & Income benefits from effective collaboration between highly skilled managers and research teams. Comanager Ford O’Neil will retire in September 2026, but the remaining team is well prepared to execute the rigorous and repeatable investment process he helped set up. Combined with reasonable fees (depending on the share class), this strategy remains a compelling choice for investors who seek a nontraditional income portfolio.

by Hyunmin Kim
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Portfolio Holdings FSDIX

More FSDIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
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Technology

Coca-Cola Co

2.13 124M
Consumer Defensive

Merck & Co Inc

1.85 107M
Healthcare

Procter & Gamble Co

1.84 107M
Consumer Defensive

Johnson & Johnson

1.77 102M
Healthcare

UnitedHealth Group Inc

1.74 101M
Healthcare

Equinix Inc

1.60 93M
Real Estate

Prologis Inc

1.54 90M
Real Estate

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