Fidelity SAI Merger Arbitrage Fund
FMADX
NASDAQ
| Weiss Ratings | FMADX-NASDAQ | Click to Compare |
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| Rating | ||||
| Reward Index | Unrated | |||
| Reward Grade | U | |||
| Risk Index | Unrated | |||
| Risk Grade | U | |||
| Company Info | FMADX-NASDAQ | Click to Compare |
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| Provider | Fidelity Investments | |||
| Manager/Tenure (Years) | Niraj Gupta (1) | |||
| Website | http://www.institutional.fidelity.com | |||
| Fund Information | FMADX-NASDAQ | Click to Compare |
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| Fund Name | Fidelity SAI Merger Arbitrage Fund | |||
| Category | Event Driven | |||
| Sub-Category | Alternative Miscellaneous | |||
| Prospectus Objective | Growth | |||
| Inception Date | Jun 17, 2025 | |||
| Open/Closed To New Investors | Open | |||
| Minimum Initial Investment | 0.00 | |||
| Minimum Subsequent Investment | -- | |||
| Front End Fee | -- | |||
| Back End Fee | -- | |||
| Dividends and Shares | FMADX-NASDAQ | Click to Compare |
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| Dividend Yield | 1.50% | |||
| Dividend | FMADX-NASDAQ | Click to Compare |
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| Dividend Yield (Forward) | 0.80% | |||
| Asset Allocation | FMADX-NASDAQ | Click to Compare |
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| Cash | 15.32% | |||
| Stock | 85.26% | |||
| U.S. Stock | 85.26% | |||
| Non-U.S. Stock | 0.00% | |||
| Bond | -0.58% | |||
| U.S. Bond | -0.63% | |||
| Non-U.S. Bond | 0.05% | |||
| Preferred | 0.00% | |||
| Convertible | 0.00% | |||
| Other Net | 0.00% | |||
| Price History | FMADX-NASDAQ | Click to Compare |
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| 7-Day Total Return | 0.18% | |||
| 30-Day Total Return | 0.46% | |||
| 60-Day Total Return | 1.41% | |||
| 90-Day Total Return | 2.38% | |||
| Year to Date Total Return | 4.57% | |||
| 1-Year Total Return | 6.60% | |||
| 2-Year Total Return | -- | |||
| 3-Year Total Return | -- | |||
| 5-Year Total Return | -- | |||
| Price | FMADX-NASDAQ | Click to Compare |
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| Closing Price | -- | |||
| 1-Month Low Price | -- | |||
| 1-Month High Price | -- | |||
| 52-Week Low Price | -- | |||
| 52-Week Low Price (Date) | -- | |||
| 52-Week High Price | -- | |||
| 52-Week High Price (Date) | -- | |||
| NAV | FMADX-NASDAQ | Click to Compare |
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| Nav | -- | |||
| 1-Month Low NAV | $10.71 | |||
| 1-Month High NAV | $10.74 | |||
| 52-Week Low NAV | $10.27 | |||
| 52-Week Low NAV (Date) | Mar 13, 2026 | |||
| 52-Week High NAV | $10.74 | |||
| 52-Week High Price (Date) | Nov 02, 2026 | |||
| Beta / Standard Deviation | FMADX-NASDAQ | Click to Compare |
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| Beta | -- | |||
| Standard Deviation | -- | |||
| Balance Sheet | FMADX-NASDAQ | Click to Compare |
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| Total Assets | 703.32M | |||
| Operating Ratios | FMADX-NASDAQ | Click to Compare |
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| Expense Ratio | 1.10% | |||
| Turnover Ratio | 110.00% | |||
| Performance | FMADX-NASDAQ | Click to Compare |
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| Last Bull Market Total Return | 550.61% | |||
| Last Bear Market Total Return | -- | |||