Strategic Advisers Income Opportunities Fund (FPIOX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.98
+0.01 (0.11%)
At close: May 1, 2026
Fund Assets1.70B
Expense Ratio0.52%
Min. Investment$0.00
Turnovern/a
Dividend (ttm)0.53
Dividend Yield5.85%
Dividend Growth3.29%
Payout FrequencyMonthly
Ex-Dividend DateApr 30, 2026
Previous Close8.97
YTD Return1.01%
1-Year Return8.26%
5-Year Return20.38%
52-Week Low8.65
52-Week High9.05
Beta (5Y)0.35
Holdings1412
Inception DateSep 27, 2007

About FPIOX

The Fund's investment strategy focuses on High Yield with 0.09% total expense ratio. Fidelity Rutland Square Trust II: Strategic Advisers Income Opportunities Fund seeks a high level of current income. FPIOX will normally invest in shares of other high yield funds, in a combination of affiliated and non affiliated high yield funds, underlying funds that invest in companies in troubled or uncertain financial condition, and domestic and foreign issuers.

Category High Yield Bond
Stock Exchange NASDAQ
Ticker Symbol FPIOX
Index ICE BofA US High Yield Constrained TR

Performance

FPIOX had a total return of 8.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.31%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FGRMXFidelityFidelity Advisor High Income Fund - Class M1.17%
FGTMXFidelityFidelity Advisor High Income Fund - Class I0.92%
FGSMXFidelityFidelity Advisor High Income Fund - Class C1.92%
FGUMXFidelityFidelity Advisor High Income Fund - Class Z0.82%
FAHCXFidelityFidelity Advisor Capital & Income Fund - Class I0.93%

Top 10 Holdings

53.97% of assets
NameSymbolWeight
Artisan High Income Fund Investor SharesARTFX13.24%
Fidelity Capital & Income FundFAGIX11.85%
BlackRock High Yield Portfolio Fund Class KBRHYX11.60%
Eaton Vance Income Fund of Boston Class AEVIBX5.97%
Vanguard High-Yield Corporate Fund Admiral SharesVWEAX4.38%
NYLI MacKay High Yield Corporate Bond Class AMHCAX3.85%
Ice: (Cdx.Na.Hy.45.V1) 5 12/30n/a1.07%
Fidelity Cash Central Fundn/a0.83%
State Street U.S. Government Money Market PortfolioGVMXX0.64%
Mesquite Energy Incn/a0.55%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Apr 30, 2026$0.04611May 1, 2026
Apr 10, 2026$0.004Apr 13, 2026
Mar 31, 2026$0.04952Apr 1, 2026
Feb 27, 2026$0.0406Mar 2, 2026
Jan 30, 2026$0.04381Feb 2, 2026
Dec 31, 2025$0.05443Jan 2, 2026
Full Dividend History