FZOMX Performance — Fidelity SAI Short-Term Bond Fund
Data updated: 2026-07-24
FZOMX returned +1.04% year to date and +4.18% over one year to May 2026. Annualised returns are +4.90% over 3 years and +2.41% over 5 years. The fund trailed its Short-Term Core Bond category average: $100 invested three years ago grew to $115, against $119 for the category, and to $104 over one year, against $105. Volatility over the past three years was 1.51% a year. In the 12 months to May 2026 the fund lost a net $3.7B, and assets reached $707.83M.
FZOMX Growth of $100
What $100 invested in Fidelity SAI Short-Term Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Core Bond category average over the same months.
| Period | FZOMX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $105 |
| 3 years (Jun 2023 – May 2026) | $115 | $119 |
| 5 years (Jun 2021 – May 2026) | $113 | $113 |
| Since data start (Oct 2020 – May 2026) | $113 | $116 |
FZOMX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.04% |
| 1 year | +4.18% |
| 3 years (annualised) | +4.90% |
| 5 years (annualised) | +2.41% |
FZOMX Annual Returns
Calendar-year total returns of Fidelity SAI Short-Term Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.04% |
| 2025 | +5.50% |
| 2024 | +4.71% |
| 2023 | +5.20% |
| 2022 | −3.47% |
| 2021 | −0.63% |
| 2020 (Oct–Dec) | +0.55% |
FZOMX 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 | +0.3% | +0.5% | −0.3% | +0.2% | +0.2% | — | — | — | — | — | — | — |
| 2025 | +0.6% | +0.6% | +0.5% | +0.7% | −0.1% | +0.8% | −0.1% | +1.0% | +0.3% | +0.2% | +0.5% | +0.2% |
| 2024 | +0.4% | −0.2% | +0.4% | −0.3% | +0.8% | +0.6% | +1.2% | +0.9% | +0.9% | −0.5% | +0.4% | +0.2% |
| 2023 | +1.0% | −0.7% | +1.2% | +0.4% | −0.3% | −0.3% | +0.5% | +0.4% | 0.0% | +0.2% | +1.3% | +1.3% |
| 2022 | −0.7% | −0.5% | −1.4% | −0.5% | +0.4% | −0.7% | +0.6% | −0.6% | −1.3% | −0.2% | +1.0% | +0.3% |
| 2021 | 0.0% | −0.1% | −0.2% | +0.1% | +0.1% | −0.1% | +0.2% | −0.1% | −0.1% | −0.4% | −0.1% | −0.2% |
| 2020 | — | — | — | — | — | — | — | — | — | +0.1% | +0.2% | +0.2% |
FZOMX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 1.51%
- 3-year Sharpe ratio: 0.26 (vs 4.5% risk-free rate)
- Best month: +1.27% (Dec 2023)
- Worst month: −0.46% (Oct 2024)
FZOMX Fund Flows
Monthly money in and out of Fidelity SAI Short-Term Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$3.7B
- 12-month gross sales (incl. reinvestments): $4.8B
- Sales ÷ redemptions: 0.56×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $2.3M | $4.5M | −$2.2M |
| Apr 2026 | $2.4M | $12.2M | −$9.8M |
| Mar 2026 | $280.1M | $3.4B | −$3.1B |
| Feb 2026 | $1.1B | $936.5M | $168.2M |
| Jan 2026 | $2.1B | $2.2B | −$98.8M |
| Dec 2025 | $267.1M | $76.4M | $190.7M |
| Nov 2025 | $114.0M | $352.7M | −$238.8M |
| Oct 2025 | $152.4M | $85.1M | $67.3M |
| Sep 2025 | $116.9M | $395.3M | −$278.3M |
| Aug 2025 | $123.7M | $320.3M | −$196.6M |
| Jul 2025 | $177.2M | $77.5M | $99.8M |
| Jun 2025 | $391.3M | $738.0M | −$346.8M |
FZOMX Assets Under Management
Net assets of Fidelity SAI Short-Term Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $707.83M |
| 2026-02-28 | $3.85B |
| 2025-11-30 | $3.60B |
| 2025-08-31 | $4.04B |
| 2025-05-31 | $4.46B |
| 2025-02-28 | $4.04B |
| 2024-11-30 | $4.22B |
| 2024-08-31 | $4.05B |
| 2024-05-31 | $4.02B |
| 2024-02-29 | $3.18B |
| 2023-11-30 | $3.12B |
| 2023-08-31 | $3.19B |
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.