Fidelity Sai Merger Arbitrage Fund (FMADX)
| Fund Assets | 410.08M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 1.15% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 10.41 |
| YTD Return | 0.29% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.89 |
| 52-Week High | 10.43 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | n/a |
About FMADX
Fidelity SAI Merger Arbitrage Fund is a mutual fund that primarily seeks capital appreciation by employing a merger arbitrage investment strategy. The fund typically invests in equity securities and related derivative instruments of companies involved in publicly announced mergers, acquisitions, or similar corporate reorganizations. Its core purpose is to capture potential price discrepancies that may arise between the current market prices of target company shares and the final transaction values once pending corporate actions are completed. By focusing on such event-driven opportunities, the fund aims to generate returns uncorrelated with traditional equity or fixed-income markets. This strategy typically appeals to investors seeking diversification in their overall portfolios and reduced sensitivity to broad market movements. The Fidelity SAI Merger Arbitrage Fund plays a specialized role in the market, offering exposure to corporate event-driven transactions across multiple industries while relying on careful risk management and active monitoring of deal developments throughout the investment process.
Top 10 Holdings
64.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Chart Industries, Inc. | GTLS | 8.78% |
| Frontier Communications Parent, Inc. | FYBR | 8.30% |
| Informatica Inc. | INFA | 7.11% |
| CyberArk Software Ltd. | CYBR | 6.87% |
| UST BILLS 0% 12/02/2025 | B.0 12.02.25 | 6.14% |
| Electronic Arts Inc. | EA | 5.72% |
| NVIDIA Corporation | NVDA | 5.52% |
| Kellogg Company | K | 5.48% |
| UST BILLS 0% 11/25/2025 | B.0 11.25.25 | 5.27% |
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 4.99% |