FAUDX — Strategic Advisers Short Duration Fund
Data updated: 2026-07-24
FAUDX — Strategic Advisers Short Duration Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Income Allocation · $4.75B AUM · 0.20% expense ratio · 3.9% 1-yr return. From SEC regulatory filings.
FAUDX Fund Overview
FAUDX — Strategic Advisers Short Duration Fund is a US mutual fund managed by Fidelity Rutland Square Trust II, categorised as Income Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Rutland Square Trust II
- Category: Income Allocation
- Assets under management: $4.75B
- 1-year return: 3.9%
- Ticker: FAUDX
- SEC CIK: 0001364924
- SEC series ID: S000035122
- Share class ID: C000108059
FAUDX Holdings
Top 10 holdings of Strategic Advisers Short Duration Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Baird Fds, Inc. | 9.25% |
| Pimco Fds Pac Invt Mgmt Ser | 7.12% |
| Ishares Tr | 6.75% |
| J P Morgan Exchange-Traded Fd Tr | 5.65% |
| Rowe T Price Short Term Bd Fd, Inc. | 5.35% |
| Ust Notes | 5.14% |
| Pimco ETF Tr | 5.04% |
| Doubleline Fds Tr | 4.63% |
| Ishares U S ETF Tr | 4.53% |
| Fidelity Colchester Street Trust | 2.61% |
FAUDX Portfolio Allocation
Asset-class allocation of Strategic Advisers Short Duration Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 54.6% |
| Fixed Income | 33.6% |
| Securitized | 12.1% |
| Cash & Equivalents | 0.3% |
FAUDX Performance
Total returns for FAUDX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
| 1 year | 3.9% |
| 3 years (annualised) | 5.1% |
| 5 years (annualised) | 3.2% |
FAUDX Risk Information
Risk metrics for FAUDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.0%
FAUDX Costs and Fees
FAUDX costs about $20 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.20%
- Gross expense ratio: 0.45%
- Portfolio turnover: 86%
- Brokerage commissions: 0.62 bps of average net assets (SEC N-CEN)
FAUDX Cashflows
Over the 12 months to 2026-02, Strategic Advisers Short Duration Fund had net outflows of $282.12M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $15.10M |
| 2026-01 | $207.27M |
| 2025-12 | −$145.46M |
| 2025-11 | −$40.44M |
| 2025-10 | −$30.60M |
| 2025-09 | −$284.87M |
FAUDX Debt Constituents
Largest debt holdings of Strategic Advisers Short Duration Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Notes | 5.14% |
| Ust Notes | 2.28% |
| Ust Notes | 1.97% |
| Ust Notes | 1.89% |
| Ust Notes | 1.78% |
| Ust Notes | 1.47% |
| Ust Notes | 0.81% |
| Ust Notes | 0.18% |
| Bayer US Finance Ii LLC | 0.13% |
| Medline Borrower LP | 0.12% |
FAUDX Prospectus and SEC Filings
Official Strategic Advisers Short Duration Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Income Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.