Fidelity Strategic Real Return Fund (FSRRX)
Fidelity Strategic Real Return Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.51, up 0.32% on the session, giving a market capitalisation of $522.6M. On trailing twelve-month figures it carries a trailing P/E of -8.20, a net margin of -1337.4%. Its beta of 0.39 implies it has historically moved less than the broad market.
The Fidelity Strategic Real Return Fund primarily aims to generate real returns while maintaining a prudent level of investment risk. To achieve this objective, the fund strategically distributes its capital across four distinct asset classes: debt instruments designed to protect against inflation, floating-rate bank loans, financial instruments tied to commodity performance, and real estate investment trusts (REITs) alongside other property-related investments. A benchmark allocation guides this strategy, targeting approximately 25% in inflation-protected debt, 25% in floating rate loans, 30% in commodity-linked derivatives and associated investments, and the remaining 20% in REITs and other real estate holdings. The fund's portfolio encompasses securities issued by both domestic and international entities.
Fidelity Strategic Real Return Fund is most often compared with the following Financial Services names: