Fidelity Strategic Dividend & Income Fund Gets Results
A Seeking Alpha Contribution
Summary
- FSDIX is a multi-asset fund that has held up very well versus newer multi-asset ETFs.
- FSDIX aims for capital appreciation in addition to income, so yield is relatively low at 2.34 percent.
- FSDIX is less volatile than the competition.
The Fidelity Strategic Dividend & Income Fund (MUTF:FSDIX) was established in December 2003. The fund offers investors a multi-asset approach to income, with five major asset classes included in the portfolio. A 2.34 percent yield puts the fund’s yield not far above that of the broader market, but it comes with wider diversification and lower volatility….To Continue Reading Please, Click Here.