FSAWX — Fidelity SAI Convertible Arbitrage Fund
Data updated: 2026-06-26
FSAWX — Fidelity SAI Convertible Arbitrage Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Short Preferred / Convertible Bond · $1.17B AUM · 1.46% expense ratio · 12.5% 1-yr return. From SEC regulatory filings.
FSAWX Fund Overview
FSAWX — Fidelity SAI Convertible Arbitrage Fund is a US mutual fund managed by Fidelity Greenwood Street Trust, categorised as Short Preferred / Convertible Bond. 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: Short Preferred / Convertible Bond
- Assets under management: $1.17B
- 1-year return: 12.5%
- Ticker: FSAWX
- SEC CIK: 0001898391
- SEC series ID: S000081303
- Share class ID: C000243999
FSAWX Holdings
Top 10 holdings of Fidelity SAI Convertible Arbitrage Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Revere Street Trust | 15.33% |
| Ust Bills | 10.67% |
| Ust Bills | 10.63% |
| Ust Bills | 7.27% |
| Mastercard, Inc. | 6.79% |
| Philip Morris International, Inc. | 6.29% |
| Citigroup, Inc. | 3.56% |
| Pitney-Bowes, Inc. | 2.89% |
| NVIDIA Corp. | 2.68% |
| Broadcom, Inc. | 2.68% |
FSAWX Portfolio Allocation
Asset-class allocation of Fidelity SAI Convertible Arbitrage Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 58.0% |
| Equity | 27.0% |
| Cash & Equivalents | 15.3% |
| Real Estate | 0.2% |
FSAWX Performance
Total returns for FSAWX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.6% |
| 1 year | 12.5% |
| 3 years (annualised) | 11.4% |
FSAWX Risk Information
Risk metrics for FSAWX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.9%
FSAWX Costs and Fees
FSAWX costs about $146 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.46%
- Gross expense ratio: 1.49%
- Portfolio turnover: 363%
- Brokerage commissions: 0.40 bps of average net assets (SEC N-CEN)
FSAWX Cashflows
Over the 12 months to 2026-04, Fidelity SAI Convertible Arbitrage Fund had net inflows of $709.88M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $60.00M |
| 2026-03 | $16.50M |
| 2026-02 | $65.00M |
| 2026-01 | $45.00M |
| 2025-12 | $153.35M |
| 2025-11 | $0 |
FSAWX Debt Constituents
Largest debt holdings of Fidelity SAI Convertible Arbitrage Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Bills | 10.67% |
| Ust Bills | 10.63% |
| Ust Bills | 7.27% |
| Pitney-Bowes, Inc. | 2.89% |
| Lci Industries | 2.62% |
| Liberty Live Holdings, Inc. | 2.13% |
| Coinbase Global, Inc. | 2.09% |
| Life360, Inc. | 1.70% |
| Euronet Worldwide, Inc. | 1.58% |
| Enovix Corp. | 1.48% |
FSAWX Prospectus and SEC Filings
Official Fidelity SAI Convertible Arbitrage Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Short Preferred / Convertible Bond 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.