About FSDIX
Fidelity Strategic Dividend & Income Fund is a multi-asset mutual fund designed to generate a relatively high level of current income while aiming to reduce overall portfolio volatility. The fund follows a unique allocation strategy by investing approximately 50% of its assets in dividend-paying equities, 15% in real estate investment trusts (REITs) and related investments, 15% in convertible securities, and 20% in preferred stocks. With a clear focus on securities that offer both income and the potential for capital appreciation, the fund’s approach tends to emphasize large value stocks, as well as instruments that can provide diversification and income stability. Its portfolio spans a variety of sectors including consumer defensive, healthcare, energy, real estate, and technology, featuring holdings such as Exxon Mobil, Procter & Gamble, and Johnson & Johnson. Managed by an experienced team backed by Fidelity’s extensive research resources, the fund seeks to deliver higher income than the S&P 500 with lower volatility, making it significant for investors interested in income-generating and moderately aggressive allocation strategies while also navigating changing market conditions.
Fund Family Fidelity
Category Allocation--70% to 85% Equity
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FSDIX
Index S&P 500 TR
FSDIX had a total return of 7.71% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.76%.
