Fidelity SAI Convertible Arbitrage Fund (FSAWX)
10.78
+0.01
(+0.09%)
USD |
Mar 04 2025
Returns Chart
Key Stats
Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
---|---|---|---|
-- | -- | -- | -- |
1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
-- | -- | Upgrade | Upgrade |
Basic Info
Investment Strategy | |
The Fund seeks total return through a combination of current income and capital appreciation. It employs a convertible arbitrage strategy, which involves gaining exposure to a portfolio of convertible securities and hedging the equity risk by selling short the common stock into which the securities may be converted. |
General | |
Security Type | Mutual Fund |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Global Peer Group | Alternative Equity Market Neutral |
Peer Group | Alternative Equity Market Neutral Funds |
Global Macro | Alternative Equity |
US Macro | Alternative Equity Funds |
YCharts Categorization | -- |
YCharts Benchmark | -- |
Prospectus Objective | Alternative Equity Market Neutral Funds |
Fund Owner Firm Name | Fidelity Investments |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
--
Peer Group Low
--
Peer Group High
1 Year
% Rank:
--
--
Peer Group Low
--
Peer Group High
3 Months
% Rank:
--
--
Peer Group Low
--
Peer Group High
3 Years
% Rank:
--
--
Peer Group Low
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Peer Group High
6 Months
% Rank:
--
--
Peer Group Low
--
Peer Group High
5 Years
% Rank:
--
--
Peer Group Low
--
Peer Group High
YTD
% Rank:
--
--
Peer Group Low
--
Peer Group High
10 Years
% Rank:
--
--
Peer Group Low
--
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 05, 2025.
Asset Allocation
As of December 31, 2024.
Type | % Net |
---|---|
Cash | 0.62% |
Stock | 26.32% |
Bond | 71.53% |
Convertible | 0.00% |
Preferred | 0.01% |
Other | 1.53% |
Top 10 Holdings
Name | % Weight | Price | % Change |
---|---|---|---|
United States of America (Government) 0% 20-MAR-2025
|
13.95% | -- | -- |
United States of America (Government) 0% 13-FEB-2025
|
11.67% | -- | -- |
Apple Inc | 4.63% | 230.36 | -2.36% |
MACOM Technology Solutions Holdings Inc .25% 15-MAR-2026
|
4.58% | -- | -- |
NVIDIA Corp | 4.49% | 115.32 | -0.58% |
Broadcom Inc | 3.88% | 188.18 | 0.37% |
Granite Construction Inc 3.75% 15-MAY-2028
|
3.68% | -- | -- |
United States of America (Government) 0% 24-APR-2025
|
3.47% | -- | -- |
Tyler Technologies Inc .25% 15-MAR-2026
|
3.40% | -- | -- |
Lantheus Holdings Inc 2.625% 15-DEC-2027
|
3.01% | -- | -- |
Fees & Availability
Fees | |
Actual 12B-1 Fee | -- |
Actual Management Fee | 1.10% |
Administration Fee | -- |
Maximum Front Load | -- |
Maximum Deferred Load | -- |
Maximum Redemption Fee | -- |
General Availability | |
Available for Insurance Product | -- |
Available for RRSP | -- |
Purchase Details | |
Open to New Investors |
|
Minimum Initial Investment | 0.00 None |
Minimum Subsequent Investment | 0.00 None |
Basic Info
Investment Strategy | |
The Fund seeks total return through a combination of current income and capital appreciation. It employs a convertible arbitrage strategy, which involves gaining exposure to a portfolio of convertible securities and hedging the equity risk by selling short the common stock into which the securities may be converted. |
General | |
Security Type | Mutual Fund |
Broad Asset Class | Alternative |
Broad Category | Alternative |
Global Peer Group | Alternative Equity Market Neutral |
Peer Group | Alternative Equity Market Neutral Funds |
Global Macro | Alternative Equity |
US Macro | Alternative Equity Funds |
YCharts Categorization | -- |
YCharts Benchmark | -- |
Prospectus Objective | Alternative Equity Market Neutral Funds |
Fund Owner Firm Name | Fidelity Investments |
Broad Asset Class Benchmark Index | |
^MSACWINTR | 100.0% |
Fundamentals
General | |
Distribution Yield | -- |
Dividend Yield TTM | -- |
30-Day SEC Yield | -- |
7-Day SEC Yield | -- |
Stock | |
Weighted Average PE Ratio | -- |
Weighted Average Price to Sales Ratio | -- |
Weighted Average Price to Book Ratio | -- |
Weighted Median ROE | -- |
Weighted Median ROA | -- |
ROI (TTM) | -- |
Return on Investment (TTM) | -- |
Earning Yield | -- |
LT Debt / Shareholders Equity | -- |
Bond | |
Yield to Maturity | -- |
Average Coupon | -- |
Calculated Average Quality | -- |
Effective Maturity | -- |
Nominal Maturity | -- |
Growth Metrics
EPS Growth (1Y) | 22.58% |
EPS Growth (3Y) | 26.92% |
EPS Growth (5Y) | 23.45% |
Sales Growth (1Y) | 34.84% |
Sales Growth (3Y) | 21.64% |
Sales Growth (5Y) | 18.02% |
Sales per Share Growth (1Y) | 39.42% |
Sales per Share Growth (3Y) | 21.90% |
Operating Cash Flow - Growth Ratge (3Y) | 22.72% |
As of December 31, 2024
Fund Details
Key Dates | |
Inception Date | 9/12/2023 |
Last Annual Report Date | -- |
Last Prospectus Date | 3/30/2024 |
Attributes | |
Index Fund | -- |
Inverse Fund | -- |
Leveraged Fund | -- |
Fund of Funds | No |
Currency Hedged Fund | -- |
Synthetic Replication Fund | No |
Top Portfolio Holders
Name | % Weight |
---|---|
Portfolio A | 5.00% |
Portfolio B | 3.50% |
Portfolio C | 2.25% |
Excel Add-In Codes
Name: =YCI("M:FSAWX", "name") |
Broad Asset Class: =YCI("M:FSAWX", "broad_asset_class") |
Broad Category: =YCI("M:FSAWX", "broad_category_group") |
Prospectus Objective: =YCI("M:FSAWX", "prospectus_objective") |
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |