Strategic Advisers Alternatives (FSLTX)

Fund Assets	2.78B
Expense Ratio	1.442%
Min. Investment	$0.00
Turnover	52.00%
Dividend (ttm)	0.59
Dividend Yield	5.59%
Dividend Growth	47.75%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 10, 2026

Previous Close	10.58
YTD Return	8.31%
1-Year Return	10.57%
5-Year Return	n/a
52-Week Low	9.85
52-Week High	10.60
Beta (5Y)	0.04
Holdings	894
Inception Date	Jul 12, 2022

About FSLTX

Strategic Advisers Alternatives Fund is a multi-strategy mutual fund designed to deliver positive total returns across various market conditions by investing primarily in non-traditional asset classes. The fund blends several alternative investment approaches, including exposure to real estate, commodities, private equity, merger arbitrage, market-neutral income, and global macro strategies, making it a diversification tool for portfolios seeking results that are less correlated with stock or bond markets. Its actively managed portfolio emphasizes risk management and dynamic asset allocation, relying on a team of experienced investment professionals who monitor trends and opportunities across different sectors. With a significant allocation to top holdings that specialize in absolute return and alternative risk premia, the fund aims to offer lower volatility and more stable performance patterns compared to conventional equity or fixed income allocations. Strategic Advisers Alternatives Fund serves as a resource for investors and institutions seeking broadened market exposure, risk mitigation, and the potential for consistent results regardless of market direction.

• Fund Family: Fidelity
• Category: Multistrategy
• Performance Rating: Average
• Risk Rating: Low
• Stock Exchange: Nasdaq
• Ticker Symbol: FSLTX
• Index: ICE BofA US 3-Month Treasury Bill TR USD

Performance

FSLTX had a total return of 10.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.37%.

Top 10 Holdings

81.69% of assets

Name	Symbol	Weight
Fidelity SAI Convertible Arbitrage	FSAWX	21.35%
BlackRock Global Equity Market Neutral Fund A Shares	BDMAX	11.25%
Eaton Vance Global Macro Absolute Return Advantage Fund Class A	EGRAX	10.07%
Stone Ridge Diversified Alternatives I	SRDAX	8.07%
Federated Hermes MDT Market Neutral A	QAMNX	6.88%
State Street Instl US Govt MMkt Premier	GVMXX	6.61%
The Merger Fund Class A	MERFX	5.61%
Absolute Convertible Arbitrage Inv	ARBOX	4.65%
Fidelity Inv MM Government Instl	FRGXX	4.21%
BlackRock Systematic Multi-Strategy Fund Investor A Shares	BAMBX	2.99%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 10, 2026	$0.087	Jul 13, 2026
Dec 30, 2025	$0.542	Dec 31, 2025
Jul 11, 2025	$0.070	Jul 14, 2025
Dec 30, 2024	$0.363	Dec 31, 2024
Dec 28, 2023	$0.333	Dec 29, 2023
Jul 14, 2023	$0.039	Jul 17, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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