FMADX — Fidelity SAI Merger Arbitrage Fund
Data updated: 2026-06-26
FMADX — Fidelity SAI Merger Arbitrage Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Mid Cap Equity · $571.13M AUM · 1.10% expense ratio. From SEC regulatory filings.
FMADX Fund Overview
FMADX — Fidelity SAI Merger Arbitrage Fund is a US mutual fund managed by Fidelity Greenwood Street Trust, categorised as United States Mid Cap Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Greenwood Street Trust
- Category: United States Mid Cap Equity
- Assets under management: $571.13M
- Ticker: FMADX
- SEC CIK: 0001898391
- SEC series ID: S000091043
- Share class ID: C000258438
FMADX Holdings
Top 10 holdings of Fidelity SAI Merger Arbitrage Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Mastercard, Inc. | 14.71% |
| Fidelity Revere Street Trust | 14.29% |
| Chart Industries, Inc. | 11.10% |
| Kenvue, Inc. | 7.91% |
| Warner Bros Discovery, Inc. | 7.81% |
| Electronic Arts, Inc. | 6.20% |
| Norfolk Southern Corp. | 3.87% |
| Digitalbridge Group, Inc. | 3.76% |
| NVIDIA Corp. | 3.49% |
| Ust Bills | 3.49% |
FMADX Portfolio Allocation
Asset-class allocation of Fidelity SAI Merger Arbitrage Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 75.5% |
| Cash & Equivalents | 14.3% |
| Fixed Income | 9.8% |
| Derivatives | 0.4% |
FMADX Performance
Total returns for FMADX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.0% |
FMADX Costs and Fees
FMADX costs about $110 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.10%
- Gross expense ratio: 1.18%
- Portfolio turnover: 110%
- Brokerage commissions: 7.05 bps of average net assets (SEC N-CEN)
FMADX Cashflows
Over the 12 months to 2026-04, Fidelity SAI Merger Arbitrage Fund had net inflows of $565.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $50.00M |
| 2026-03 | $9.61M |
| 2026-02 | $101.00M |
| 2026-01 | $102.00M |
| 2025-12 | $30.95M |
| 2025-11 | $48.45M |
FMADX Debt Constituents
Largest debt holdings of Fidelity SAI Merger Arbitrage Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 3.49% |
| Ust Bills | 2.79% |
| Ust Bills | 1.75% |
| Ust Bills | 1.74% |
FMADX Prospectus and SEC Filings
Official Fidelity SAI Merger Arbitrage Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Mid Cap Equity 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.