Fidelity SAI Merger Arbitrage (FMADX)

Fund Assets	700.54M
Expense Ratio	1.119%
Min. Investment	$0.00
Turnover	110.00%
Dividend (ttm)	0.16
Dividend Yield	1.51%
Dividend Growth	n/a
Payout Frequency	n/a
Ex-Dividend Date	Mar 13, 2026

Previous Close	10.71
YTD Return	n/a
1-Year Return	n/a
5-Year Return	n/a
52-Week Low	10.30
52-Week High	10.72
Beta (5Y)	n/a
Holdings	36
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.

• Fund Family: Fidelity
• Category: Event Driven
• Stock Exchange: Nasdaq
• Ticker Symbol: FMADX

Top 10 Holdings

76.64% of assets

Name	Symbol	Weight
Mastercard Incorporated	MA	14.71%
Fidelity Revere Street Trust - Fidelity Cash Central Fund	n/a	14.29%
Chart Industries, Inc.	GTLS	11.10%
Kenvue Inc.	KVUE	7.91%
Warner Bros. Discovery, Inc.	WBD	7.81%
Electronic Arts, Inc.	EA	6.20%
Norfolk Southern Corporation	NSC	3.87%
DigitalBridge Group, Inc.	DBRG	3.76%
NVIDIA Corporation	NVDA	3.49%
UST BILLS 0% 05/26/2026	B.0 05.26.26	3.49%

Dividend History

Ex-Dividend	Amount	Pay Date
Mar 13, 2026	$0.100	Mar 16, 2026
Dec 19, 2025	$0.120	Dec 22, 2025

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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