Fidelity SAI Convertible Arbitrage (FSAWX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.06
+0.01 (0.09%)
Jul 30, 2025, 4:00 PM EDT
0.09% (1Y)
| Fund Assets | 322.37M |
| Expense Ratio | 1.46% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 6.16% |
| Dividend Growth | 315.85% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Mar 7, 2025 |
| Previous Close | 11.05 |
| YTD Return | 2.11% |
| 1-Year Return | 7.06% |
| 5-Year Return | n/a |
| 52-Week Low | 10.37 |
| 52-Week High | 11.07 |
| Beta (5Y) | n/a |
| Holdings | 43 |
| Inception Date | Sep 12, 2023 |
About FSAWX
FSAWX was founded on 2023-09-12 and is currently managed by Gold,Livstone. The Fund's investment strategy focuses on Equity Mkt Neutral with 1.45% total expense ratio. Fidelity SAI Convertible Arbitrage Fund Fidelity SAI Convertible Arbitrage 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.
Fund Family Fidelity
Category Relative Value Arbitrage
Stock Exchange NASDAQ
Ticker Symbol FSAWX
Index Index is not provided by Management Company
Performance
FSAWX had a total return of 7.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.37%.
Top 10 Holdings
62.37% of assets| Name | Symbol | Weight |
|---|---|---|
| UST BILLS 0% 07/15/2025 | B.0 07.15.25 | 14.54% |
| UST BILLS 0% 05/15/2025 | B.0 05.15.25 | 11.26% |
| UST BILLS 0% 06/12/2025 | B.0 06.12.25 | 11.23% |
| Apple Inc. | AAPL | 4.03% |
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 4.02% |
| NVIDIA Corporation | NVDA | 3.93% |
| MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC - MACOM TECHNOLOGY SOLN HLDS INC CONV 0.25% 03/15/2026 | MTSI.0.25 03.15.26 | 3.61% |
| GRANITE CONSTRUCTION INC CONV 3.75% 05/15/2028 | n/a | 3.31% |
| Broadcom Inc. | AVGO | 3.26% |
| LANTHEUS HOLDINGS INC - LANTHEUS HLDGS INC CONV 2.625% 12/15/2027 | LNTH.2.625 12.15.27 | 3.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 7, 2025 | $0.184 | Mar 10, 2025 |
| Dec 20, 2024 | $0.498 | Dec 23, 2024 |
| Mar 8, 2024 | $0.123 | Mar 11, 2024 |
| Dec 27, 2023 | $0.027 | Dec 28, 2023 |
| Dec 8, 2023 | $0.014 | Dec 11, 2023 |