FASYX Performance — Fidelity SAI Sustainable Conservative Income Municipal Bond Fund
Data updated: 2026-09-23
FASYX returned +1.45% year to date and +2.74% over one year to Jul 2026. The annualised 3-year return is +3.30%. The fund beat its Ultrashort Municipal Bond category average: $100 invested three years ago grew to $110, against $109 for the category, and to $103 over one year, against $103. Volatility over the past three years was 0.54% a year. In the 12 months to Jul 2026 the fund took in a net $5.2M, and assets reached $27.27M.
FASYX Growth of $100
What $100 invested in Fidelity SAI Sustainable Conservative Income Municipal Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Ultrashort Municipal Bond category average over the same months.
| Period | FASYX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $110 | $109 |
| Since data start (Jul 2022 – Jul 2026) | $113 | $112 |
FASYX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.45% |
| 1 year | +2.74% |
| 3 years (annualised) | +3.30% |
FASYX Annual Returns
Calendar-year total returns of Fidelity SAI Sustainable Conservative Income Municipal Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.45% |
| 2025 | +3.24% |
| 2024 | +3.32% |
| 2023 | +3.63% |
| 2022 (Jul–Dec) | +0.63% |
FASYX 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% | 0.0% | +0.2% | +0.2% | +0.3% | 0.0% | — | — | — | — | — |
| 2025 | +0.3% | +0.3% | +0.2% | +0.1% | +0.4% | +0.3% | +0.2% | +0.4% | +0.2% | +0.1% | +0.2% | +0.3% |
| 2024 | +0.2% | +0.3% | +0.2% | +0.1% | +0.3% | +0.5% | +0.5% | +0.5% | +0.3% | +0.1% | +0.4% | +0.1% |
| 2023 | +0.4% | −0.1% | +0.5% | 0.0% | +0.2% | +0.4% | +0.3% | +0.2% | +0.1% | +0.3% | +0.7% | +0.6% |
| 2022 | — | — | — | — | — | — | +0.2% | −0.2% | −0.2% | +0.1% | +0.5% | +0.2% |
FASYX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 0.54%
- 3-year Sharpe ratio: -2.22 (vs 4.5% risk-free rate)
- Best month: +0.69% (Nov 2023)
- Worst month: −0.01% (Mar 2026)
FASYX Fund Flows
Monthly money in and out of Fidelity SAI Sustainable Conservative Income Municipal Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $5.2M
- 12-month gross sales (incl. reinvestments): $11.9M
- Sales ÷ redemptions: 1.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $866K | $285K | $582K |
| Jun 2026 | $1.5M | $378K | $1.2M |
| May 2026 | $1.1M | $487K | $631K |
| Apr 2026 | $876K | $328K | $548K |
| Mar 2026 | $553K | $1.1M | −$573K |
| Feb 2026 | $1.0M | $466K | $581K |
| Jan 2026 | $809K | $1.5M | −$738K |
| Dec 2025 | $1.5M | $1.0M | $437K |
| Nov 2025 | $1.2M | $359K | $806K |
| Oct 2025 | $1.1M | $203K | $910K |
| Sep 2025 | $940K | $338K | $602K |
| Aug 2025 | $452K | $150K | $303K |
FASYX Assets Under Management
Net assets of Fidelity SAI Sustainable Conservative Income Municipal Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $27.27M |
| 2026-04-30 | $24.93M |
| 2026-01-31 | $24.44M |
| 2025-10-31 | $23.89M |
| 2025-07-31 | $22.09M |
| 2025-04-30 | $19.91M |
| 2025-01-31 | $18.75M |
| 2024-10-31 | $17.69M |
| 2024-07-31 | $16.39M |
| 2024-04-30 | $15.15M |
| 2024-01-31 | $13.40M |
| 2023-10-31 | $11.58M |
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.