Fidelity Strategic Real Return Fund (FSRRX) seeks return, which is consistent with reasonable risk. FSRRX allocates its assets in four different investment types, which are inflation-protected debt securities, commodity-linked derivative instruments, floating rate loans and real estate investment trusts (REITs). FSRRX’s assets allocation includes around 30% in inflation-protected debt securities, 25% in commodity-linked derivative instruments, 25% in floating rate loans and 20% REITs and related investments.
This Inv Grade Bond - Inter product has a history of positive total returns for over 10 years. Specifically, the fund’s return over the 5 year benchmark is 1.1%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
This Zacks Rank #5 (Strong Sell) was incepted in September 2005 and is managed by Fidelity. FSRRX carries an expense ratio of 0.80% and requires a minimal initial investment of $2,500.
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