FAPFX Performance — Fidelity SAI Sustainable Low Duration Bond Fund
Data updated: 2026-07-24
FAPFX returned +1.42% year to date and +4.23% over one year to May 2026. The annualised 3-year return is +4.95%. The fund trailed its Ultrashort Corporate Bond category average: $100 invested three years ago grew to $116, against $124 for the category, and to $104 over one year, against $107. Volatility over the past three years was 0.42% a year. In the 12 months to May 2026 the fund took in a net $32.1M, and assets reached $81.98M.
FAPFX Growth of $100
What $100 invested in Fidelity SAI Sustainable Low Duration Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Corporate Bond category average over the same months.
| Period | FAPFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $107 |
| 3 years (Jun 2023 – May 2026) | $116 | $124 |
| Since data start (May 2022 – May 2026) | $119 | $127 |
FAPFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.42% |
| 1 year | +4.23% |
| 3 years (annualised) | +4.95% |
FAPFX Annual Returns
Calendar-year total returns of Fidelity SAI Sustainable Low Duration Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.42% |
| 2025 | +4.67% |
| 2024 | +5.35% |
| 2023 | +5.37% |
| 2022 (May–Dec) | +1.29% |
FAPFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +0.2% | +0.2% | +0.3% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.4% | +0.4% | +0.3% | +0.4% | +0.3% | +0.4% | +0.3% | +0.5% | +0.4% | +0.3% | +0.4% | +0.4% |
| 2024 | +0.5% | +0.2% | +0.4% | +0.3% | +0.5% | +0.5% | +0.6% | +0.6% | +0.5% | +0.3% | +0.4% | +0.4% |
| 2023 | +0.5% | +0.3% | +0.4% | +0.4% | +0.3% | +0.3% | +0.5% | +0.4% | +0.4% | +0.4% | +0.7% | +0.6% |
| 2022 | — | — | — | — | +0.1% | −0.2% | +0.1% | +0.2% | +0.1% | +0.1% | +0.5% | +0.4% |
FAPFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 0.42%
- Best month: +0.71% (Nov 2023)
- Worst month: +0.18% (Mar 2026)
FAPFX Fund Flows
Monthly money in and out of Fidelity SAI Sustainable Low Duration Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $32.1M
- 12-month gross sales (incl. reinvestments): $62.6M
- Sales ÷ redemptions: 2.05×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $13.3M | $985K | $12.3M |
| Apr 2026 | $11.3M | $1.1M | $10.2M |
| Mar 2026 | $5.1M | $1.1M | $4.0M |
| Feb 2026 | $3.0M | $5.4M | −$2.4M |
| Jan 2026 | $6.0M | $3.1M | $2.8M |
| Dec 2025 | $5.1M | $3.5M | $1.6M |
| Nov 2025 | $2.5M | $1.5M | $988K |
| Oct 2025 | $3.6M | $1.1M | $2.6M |
| Sep 2025 | $2.7M | $4.0M | −$1.3M |
| Aug 2025 | $3.3M | $911K | $2.4M |
| Jul 2025 | $2.6M | $861K | $1.7M |
| Jun 2025 | $4.2M | $7.0M | −$2.8M |
FAPFX Assets Under Management
Net assets of Fidelity SAI Sustainable Low Duration Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $81.98M |
| 2026-02-28 | $55.47M |
| 2025-11-30 | $54.17M |
| 2025-08-31 | $51.76M |
| 2025-05-31 | $50.15M |
| 2025-02-28 | $38.61M |
| 2024-11-30 | $35.75M |
| 2024-08-31 | $30.09M |
| 2024-05-31 | $25.14M |
| 2024-02-29 | $16.20M |
| 2023-11-30 | $11.10M |
| 2023-08-31 | $7.81M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.