FCDSX Performance — Fidelity Series International Credit Fund
Data updated: 2026-08-24
FCDSX returned +1.57% year to date and +4.88% over one year to Jun 2026. Annualised returns are +8.02% over 3 years and +1.04% over 5 years. The fund beat its Global Intermediate Core Bond category average: $100 invested three years ago grew to $126, against $117 for the category, and to $105 over one year, against $104. Volatility over the past three years was 4.26% a year. In the 12 months to Jun 2026 the fund took in a net $5.1M, and assets reached $128.19M.
FCDSX Growth of $100
What $100 invested in Fidelity Series International Credit Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Intermediate Core Bond category average over the same months.
| Period | FCDSX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $126 | $117 |
| 5 years (Jul 2021 – Jun 2026) | $105 | $104 |
| Since data start (Jul 2019 – Jun 2026) | $119 | $112 |
FCDSX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.57% |
| 1 year | +4.88% |
| 3 years (annualised) | +8.02% |
| 5 years (annualised) | +1.04% |
FCDSX Annual Returns
Calendar-year total returns of Fidelity Series International Credit Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.57% |
| 2025 | +7.24% |
| 2024 | +8.48% |
| 2023 | +7.77% |
| 2022 | −17.34% |
| 2021 | −0.07% |
| 2020 | +8.33% |
| 2019 (Jul–Dec) | +4.36% |
FCDSX 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 | +0.7% | +1.3% | −2.3% | +0.6% | +0.7% | +0.6% | — | — | — | — | — | — |
| 2025 | +0.9% | +1.6% | −0.7% | +0.9% | +0.1% | +1.1% | +0.5% | +0.7% | +0.7% | +1.2% | +0.2% | −0.2% |
| 2024 | +1.2% | −0.9% | +1.9% | −1.5% | +1.3% | +1.0% | +2.3% | +1.3% | +1.8% | −0.9% | +1.6% | −0.8% |
| 2023 | +4.0% | −1.6% | −1.1% | +0.8% | −0.4% | −0.5% | +0.9% | 0.0% | −0.8% | −0.5% | +3.0% | +3.9% |
| 2022 | −1.8% | −2.4% | −1.9% | −3.6% | −1.5% | −5.3% | +4.5% | −3.0% | −5.4% | −0.6% | +3.5% | −0.8% |
| 2021 | −0.5% | −1.3% | −0.2% | +0.8% | +0.2% | +0.9% | +1.3% | 0.0% | −1.1% | −0.3% | +0.2% | 0.0% |
| 2020 | +2.4% | +0.7% | −8.0% | +4.2% | +1.6% | +1.9% | +2.2% | 0.0% | +0.2% | +0.4% | +2.2% | +0.7% |
| 2019 | — | — | — | — | — | — | +1.2% | +2.1% | 0.0% | +0.4% | +0.2% | +0.4% |
FCDSX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.26%
- 3-year Sharpe ratio: 0.83 (vs 4.5% risk-free rate)
- Best month: +3.87% (Dec 2023)
- Worst month: −2.32% (Mar 2026)
FCDSX Fund Flows
Monthly money in and out of Fidelity Series International Credit Fund, from SEC Form N-PORT.
- 12-month net flow: $5.1M
- 12-month gross sales (incl. reinvestments): $8.5M
- Sales ÷ redemptions: 2.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $339K | $380K | −$41K |
| May 2026 | $195K | $195K | $0 |
| Apr 2026 | $1.4M | $315K | $1.1M |
| Mar 2026 | $206K | $206K | $0 |
| Feb 2026 | $41K | $41K | $0 |
| Jan 2026 | $884K | $884K | $0 |
| Dec 2025 | $1.9M | $225K | $1.7M |
| Nov 2025 | $94K | $94K | $0 |
| Oct 2025 | $1.8M | $545K | $1.2M |
| Sep 2025 | $6K | $6K | $0 |
| Aug 2025 | $217K | $217K | $0 |
| Jul 2025 | $1.4M | $222K | $1.2M |
FCDSX Assets Under Management
Net assets of Fidelity Series International Credit Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $128.19M |
| 2026-03-31 | $125.85M |
| 2025-12-31 | $126.20M |
| 2025-09-30 | $124.70M |
| 2025-06-30 | $122.24M |
| 2025-03-31 | $119.77M |
| 2024-12-31 | $117.80M |
| 2024-09-30 | $118.07M |
| 2024-06-30 | $111.87M |
| 2024-03-31 | $111.06M |
| 2023-12-31 | $108.63M |
| 2023-09-30 | $101.94M |
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.