FSEDX Performance — Fidelity Series Emerging Markets Debt Local Currency Fund
Data updated: 2026-08-24
FSEDX returned +1.79% year to date and +8.20% over one year to Jun 2026. Annualised returns are +7.55% over 3 years and +3.26% over 5 years. The fund trailed its Emerging Markets Bond category average: $100 invested three years ago grew to $124, against $130 for the category, and to $108 over one year, against $110. Volatility over the past three years was 8.26% a year. In the 12 months to Jun 2026 the fund took in a net $815K, and assets reached $457.50M.
FSEDX Growth of $100
What $100 invested in Fidelity Series Emerging Markets Debt Local Currency Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | FSEDX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $108 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $124 | $130 |
| 5 years (Jul 2021 – Jun 2026) | $117 | $116 |
| Since data start (Nov 2020 – Jun 2026) | $124 | $121 |
FSEDX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.79% |
| 1 year | +8.20% |
| 3 years (annualised) | +7.55% |
| 5 years (annualised) | +3.26% |
FSEDX Annual Returns
Calendar-year total returns of Fidelity Series Emerging Markets Debt Local Currency Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.79% |
| 2025 | +19.47% |
| 2024 | −2.53% |
| 2023 | +13.53% |
| 2022 | −7.86% |
| 2021 | −8.45% |
| 2020 (Nov–Dec) | +8.84% |
FSEDX 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 | +2.1% | +1.6% | −5.2% | +2.4% | +0.7% | +0.4% | — | — | — | — | — | — |
| 2025 | +2.1% | +0.6% | +1.7% | +2.9% | +1.5% | +3.0% | −1.0% | +2.4% | +1.3% | +0.5% | +1.5% | +1.4% |
| 2024 | −1.6% | −0.4% | −0.1% | −2.2% | +2.1% | −1.3% | +2.3% | +2.9% | +3.4% | −4.6% | −0.5% | −2.1% |
| 2023 | +4.4% | −3.2% | +4.0% | +1.0% | −1.4% | +3.4% | +2.8% | −2.8% | −3.4% | −0.3% | +5.3% | +3.6% |
| 2022 | +0.2% | −4.1% | −0.5% | −5.5% | +1.5% | −3.9% | +1.0% | 0.0% | −4.9% | −0.4% | +7.3% | +2.0% |
| 2021 | −1.3% | −2.7% | −2.7% | +2.1% | +2.4% | −1.0% | −0.5% | +0.8% | −3.3% | −1.2% | −2.4% | +1.2% |
| 2020 | — | — | — | — | — | — | — | — | — | — | +5.1% | +3.6% |
FSEDX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 8.26%
- 3-year Sharpe ratio: 0.37 (vs 4.5% risk-free rate)
- Best month: +5.31% (Nov 2023)
- Worst month: −5.19% (Mar 2026)
FSEDX Fund Flows
Monthly money in and out of Fidelity Series Emerging Markets Debt Local Currency Fund, from SEC Form N-PORT.
- 12-month net flow: $815K
- 12-month gross sales (incl. reinvestments): $79.6M
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.8M | $4.8M | −$1.1M |
| May 2026 | $3.1M | $2.6M | $494K |
| Apr 2026 | $3.4M | $11.7M | −$8.2M |
| Mar 2026 | $4.4M | $10.2M | −$5.8M |
| Feb 2026 | $5.7M | $13.6M | −$7.8M |
| Jan 2026 | $7.3M | $7.3M | $72K |
| Dec 2025 | $38.9M | $8.7M | $30.1M |
| Nov 2025 | $2.0M | $5.5M | −$3.5M |
| Oct 2025 | $3.6M | $6.0M | −$2.3M |
| Sep 2025 | $2.3M | $2.2M | $127K |
| Aug 2025 | $2.4M | $3.1M | −$701K |
| Jul 2025 | $2.7M | $3.1M | −$482K |
FSEDX Assets Under Management
Net assets of Fidelity Series Emerging Markets Debt Local Currency Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $457.50M |
| 2026-03-31 | $450.44M |
| 2025-12-31 | $474.29M |
| 2025-09-30 | $465.29M |
| 2025-06-30 | $454.13M |
| 2025-03-31 | $423.21M |
| 2024-12-31 | $406.93M |
| 2024-09-30 | $447.06M |
| 2024-06-30 | $416.82M |
| 2024-03-31 | $425.98M |
| 2023-12-31 | $420.28M |
| 2023-09-30 | $386.17M |
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.