FEDCX Performance — Fidelity Series Emerging Markets Debt Fund
Data updated: 2026-08-24
FEDCX returned +4.53% year to date and +13.61% over one year to Jun 2026. Annualised returns are +11.95% over 3 years and +4.41% over 5 years. The fund beat its International Intermediate Government Bond category average: $100 invested three years ago grew to $140, against $130 for the category, and to $114 over one year, against $109. Volatility over the past three years was 6.70% a year. In the 12 months to Jun 2026 the fund took in a net $245.8M, and assets reached $1.81B.
FEDCX Growth of $100
What $100 invested in Fidelity Series Emerging Markets Debt Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Intermediate Government Bond category average over the same months.
| Period | FEDCX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $114 | $109 |
| 3 years (Jul 2023 – Jun 2026) | $140 | $130 |
| 5 years (Jul 2021 – Jun 2026) | $124 | $114 |
| Since data start (Jul 2019 – Jun 2026) | $132 | $121 |
FEDCX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.53% |
| 1 year | +13.61% |
| 3 years (annualised) | +11.95% |
| 5 years (annualised) | +4.41% |
FEDCX Annual Returns
Calendar-year total returns of Fidelity Series Emerging Markets Debt Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.53% |
| 2025 | +14.88% |
| 2024 | +7.89% |
| 2023 | +12.46% |
| 2022 | −14.45% |
| 2021 | −0.61% |
| 2020 | +4.75% |
| 2019 (Jul–Dec) | +1.58% |
FEDCX 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 | +1.3% | +1.5% | −3.2% | +3.4% | +0.9% | +0.7% | — | — | — | — | — | — |
| 2025 | +1.8% | +1.6% | −1.0% | −0.8% | +1.1% | +2.8% | +1.4% | +1.7% | +1.8% | +2.1% | +0.6% | +0.8% |
| 2024 | −0.9% | +1.4% | +2.5% | −1.7% | +1.8% | +0.8% | +1.8% | +1.8% | +1.8% | −1.7% | +1.4% | −1.3% |
| 2023 | +3.8% | −2.6% | +0.5% | +0.2% | −0.7% | +2.7% | +2.3% | −1.5% | −2.6% | −0.9% | +6.1% | +4.9% |
| 2022 | −2.1% | −6.0% | +0.1% | −4.4% | −0.1% | −6.3% | +2.3% | −0.3% | −6.2% | +0.4% | +7.7% | +0.5% |
| 2021 | −1.1% | −1.4% | −1.4% | +1.9% | +1.1% | +0.7% | +0.5% | +1.0% | −1.6% | −0.1% | −1.8% | +1.5% |
| 2020 | +1.4% | −1.2% | −15.0% | +2.0% | +7.2% | +3.2% | +2.8% | +1.4% | −1.9% | −0.6% | +4.6% | +2.4% |
| 2019 | — | — | — | — | — | — | +1.1% | −4.1% | +1.1% | +0.8% | +0.2% | +2.5% |
FEDCX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.70%
- 3-year Sharpe ratio: 1.11 (vs 4.5% risk-free rate)
- Best month: +6.06% (Nov 2023)
- Worst month: −3.21% (Mar 2026)
FEDCX Fund Flows
Monthly money in and out of Fidelity Series Emerging Markets Debt Fund, from SEC Form N-PORT.
- 12-month net flow: $245.8M
- 12-month gross sales (incl. reinvestments): $433.7M
- Sales ÷ redemptions: 2.31×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $31.4M | $19.7M | $11.7M |
| May 2026 | $106.3M | $11.8M | $94.5M |
| Apr 2026 | $19.4M | $19.8M | −$329K |
| Mar 2026 | $24.7M | $9.7M | $15.0M |
| Feb 2026 | $26.2M | $6.3M | $19.9M |
| Jan 2026 | $42.7M | $25.8M | $16.9M |
| Dec 2025 | $42.8M | $34.4M | $8.4M |
| Nov 2025 | $37.3M | $8.1M | $29.2M |
| Oct 2025 | $21.1M | $21.4M | −$281K |
| Sep 2025 | $42.4M | $8.3M | $34.2M |
| Aug 2025 | $22.4M | $11.2M | $11.2M |
| Jul 2025 | $17.1M | $11.5M | $5.6M |
FEDCX Assets Under Management
Net assets of Fidelity Series Emerging Markets Debt Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.81B |
| 2026-03-31 | $1.64B |
| 2025-12-31 | $1.62B |
| 2025-09-30 | $1.55B |
| 2025-06-30 | $1.45B |
| 2025-03-31 | $1.41B |
| 2024-12-31 | $1.38B |
| 2024-09-30 | $1.42B |
| 2024-06-30 | $1.35B |
| 2024-03-31 | $1.34B |
| 2023-12-31 | $1.28B |
| 2023-09-30 | $1.16B |
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.