Fidelity Strategic Dividend & Income benefits from an experienced and well-resourced management team that has successfully executed its distinctive approach to generate income over a variety of market conditions. Under Morningstar's new rating methodology, the strategy's cheapest share classes earn a Morningstar Analyst Rating of Silver, while its more expensive share classes are rated Bronze or Neutral.
Fidelity® Strategic Dividend & Income® FSDIX
NAV / 1-Day Return
16.63
/
1.60
%
Total Assets
4.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.700%
Expense Ratio
0.700%
Fee Level
Below Average
Longest Manager Tenure
13.49
years
Category
Allocation--70% to 85% Equity
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
Medium / LimitedStatus
Open
TTM Yield
2.58%
Turnover
55%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FSDIX 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 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.
This income-oriented approach stands out in a variety of market environments.
