Fidelity SAI Alternative Rsk Pre CmdStgy (FRPDX)
| Fund Assets | 79.64M |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.86% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 10.25 |
| YTD Return | 10.30% |
| 1-Year Return | 6.26% |
| 5-Year Return | n/a |
| 52-Week Low | 9.16 |
| 52-Week High | 10.25 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | Dec 14, 2023 |
About FRPDX
Fidelity SAI Alternative Risk Premia Commodity Strategy Fund is a mutual fund designed to provide capital appreciation by constructing a portfolio with targeted exposure to commodities. Its primary function is to offer diversified access to the commodities market through the use of alternative risk premia (ARP) investment strategies. Rather than relying solely on straightforward commodity positions, the fund employs systematic approaches aimed at capturing multiple sources of return attributable to risk factors such as value, momentum, and carry within commodity markets. This methodology seeks to deliver returns that are less correlated to traditional equity or fixed income benchmarks, making the fund a distinctive tool for portfolio diversification. The fund appeals to investors seeking exposure to commodities while benefiting from sophisticated, rules-based risk premia strategies managed by a specialized team. By focusing exclusively on commodities, it plays a unique role in the market, addressing the demand for alternative investment solutions and potentially helping investors mitigate portfolio risk through uncorrelated returns.
Performance
FRPDX had a total return of 6.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.96%.
Top 10 Holdings
100.42% of assets| Name | Symbol | Weight |
|---|---|---|
| UST BILLS 0% 06/12/2025 | B.0 06.12.25 | 88.99% |
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 11.10% |
| JPMORGAN CHASE BANK NA NEW YORK NY - JCOPFMR2 6/13/2025 FDS ETRS | n/a | 0.35% |
| MACQUARIE BANK LTD - MQCP013F 6/13/2025 FDS ETRS | n/a | 0.30% |
| BANK OF AMERICA, N.A. - BABXFMR3 6/13/2025 FDS ETRS | n/a | 0.21% |
| GOLDMAN SACHS INTERNATIONAL - GSCOFMR1 6/13/2025 FDS ETRS | n/a | 0.00% |
| UBS AG - UBCMFMR1 6/13/2025 FDS ETRS | n/a | -0.04% |
| BANK OF AMERICA, N.A. - BABXFMR2 6/13/2025 FDS ETRS | n/a | -0.04% |
| MACQUARIE BANK LTD - VMACBK3P 6/13/2025 FDS ETRS | n/a | -0.10% |
| UBS AG - UBCSQAF1 6/13/2025 FDS ETRS | n/a | -0.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.124 | Dec 16, 2024 |
| Sep 13, 2024 | $0.169 | Sep 16, 2024 |