Fidelity SAI Low Duration Income (FZOLX)
| Fund Assets | 2.74B |
| Expense Ratio | 0.20% |
| Min. Investment | $0.00 |
| Turnover | 80.00% |
| Dividend (ttm) | 0.52 |
| Dividend Yield | 5.20% |
| Dividend Growth | 0.35% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.02 |
| YTD Return | 0.39% |
| 1-Year Return | 3.95% |
| 5-Year Return | 17.77% |
| 52-Week Low | 10.01 |
| 52-Week High | 10.15 |
| Beta (5Y) | 0.01 |
| Holdings | 290 |
| Inception Date | Sep 15, 2020 |
About FZOLX
Fidelity SAI Low Duration Bond Fund is an ultrashort bond mutual fund that primarily focuses on generating a high level of current income while emphasizing capital preservation. The fund invests at least 80% of its assets in investment-grade debt securities, including U.S. Treasury notes, government bonds, and select corporate bonds, all with relatively short maturities and repurchase agreements. Its typical portfolio duration is kept at one year or less, aiming to manage interest rate sensitivity and reduce volatility compared to longer-term bond funds. With over $7 billion in managed assets and hundreds of individual holdings, the fund offers diversified exposure across the investment-grade fixed income spectrum. Regular monthly distributions, a low expense ratio, and a low minimum investment threshold make it widely accessible and cost-effective for institutions and individual investors alike. The Fidelity SAI Low Duration Bond Fund occupies a distinct role in the market as a liquidity-focused solution for those seeking current income with limited interest rate risk, making it a preferred choice for short-term capital management needs.
Performance
FZOLX had a total return of 3.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.02%.
Top 10 Holdings
29.32% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4.125% | T.4.125 01.31.27 | 16.12% |
| United States Treasury Notes 3.625% | T.3.625 08.31.27 | 7.22% |
| United States Treasury Notes 3.375% | T.3.375 12.31.27 | 1.29% |
| Svenska Handelsbanken AB New York Branch 4.05% | SHBASS.F 04.15.26 YCd | 0.80% |
| Westpac Banking Corp. 4.05% | n/a | 0.80% |
| FLATIRON CLO 28 LTD / LLC 4.75219% | FLAT.2024-1A A1R | 0.70% |
| The Toronto-Dominion Bank 4.08% | n/a | 0.64% |
| Neuberger Berman Loan Advisers NBLA CLO 50 Ltd. / LLC 4.92102% | NEUB.2022-50A AR | 0.59% |
| Mizuho Bank, Ltd. New York Branch 4.05% | MIZUHO.F 05.08.26 YCD | 0.59% |
| ING US Funding LLC 4% | n/a | 0.58% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03281 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02907 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03158 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0334 | Jan 2, 2026 |
| Dec 17, 2025 | $0.099 | Dec 18, 2025 |
| Nov 30, 2025 | $0.03412 | Dec 1, 2025 |