Fidelity Series Emerging Markets Debt Local Currency Fund (FSEDX)
| Fund Assets | 452.85M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.72 |
| Dividend Yield | 7.47% |
| Dividend Growth | 74.45% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Feb 13, 2026 |
| Previous Close | 9.56 |
| YTD Return | 0.84% |
| 1-Year Return | 10.53% |
| 5-Year Return | 15.04% |
| 52-Week Low | 9.24 |
| 52-Week High | 10.12 |
| Beta (5Y) | 0.35 |
| Holdings | 254 |
| Inception Date | Oct 30, 2020 |
About FSEDX
Fidelity Series Emerging Markets Debt Local Currency Fund is a mutual fund that primarily aims to deliver a high total return by investing at least 80% of its assets in debt securities issued by governments, agencies, and corporations located in emerging market countries. This fund is designed to provide investors with exposure to the fixed income markets of developing economies, focusing specifically on instruments denominated in local currencies rather than hard currencies like the US dollar. By investing in local currency bonds, the fund seeks to capture both yield opportunities and potential currency appreciation within emerging markets. The fund’s portfolio may include sovereign and quasi-sovereign debt, offering diversification across various geographies and sectors with developing financial systems. Its role in the financial market is to provide investors with a vehicle for diversifying away from traditional developed market debt, while offering potential for enhanced returns and risk characteristics associated with emerging market economic growth and currency dynamics.
Performance
FSEDX had a total return of 10.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.61%.
Top 10 Holdings
26.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 11.06% |
| MEXICO UNITED MEXICAN STATES 8.5% 05/31/2029 | MBONO.8.5 05.31.29 M | 3.09% |
| CZECH REPUBLIC 1.2% 03/13/2031 | CZGB.1.2 03.13.31 121 | 1.66% |
| SOUTH AFRICA REPUBLIC OF 8.875% 02/28/2035 | SAGB.8.875 02.28.35 2035 | 1.62% |
| ROMANIA, REPUBLIC OF - ROMANIA REPUBLIC OF 5% 02/12/2029 | ROMGB.5 02.12.29 10Y | 1.61% |
| CZECH REPUBLIC 0.95% 05/15/2030 REGS | n/a | 1.60% |
| NOTA DO TESOURO NACIONAL 10% 01/01/2027 | BNTNF.10 01.01.27 NTNF | 1.59% |
| THAILAND KINGDOM OF 1.6% 06/17/2035 | THAIGB.1.6 06.17.35 | 1.44% |
| NOTA DO TESOURO NACIONAL 10% 01/01/2029 | BNTNF.10 01.01.29 NTNF | 1.34% |
| POLAND REPUBLIC OF 5% 01/25/2030 | POLGB.5 01.25.30 0130 | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 13, 2026 | $0.052 | Feb 17, 2026 |
| Dec 10, 2025 | $0.665 | Dec 11, 2025 |
| Dec 31, 2024 | $0.009 | Jan 2, 2025 |
| Dec 11, 2024 | $0.402 | Dec 12, 2024 |
| Feb 16, 2024 | $0.181 | Feb 20, 2024 |
| Dec 1, 2023 | $0.482 | Dec 4, 2023 |