# Fidelity SAI Low Duration Income Fund (FZOLX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fzolx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Thematic · Inception: 2020-09-15 This fund generally commits at least 80% of its assets to fixed-income securities deemed investment-grade, which are characterized by medium to high credit quality. This broad category includes all forms of debt instruments, as well as related repurchase agreements. A core objective is to maintain a portfolio duration that typically does not exceed one year. ## Key Facts | Metric | Value | |---|---| | Price | $9.96 | | Expense Ratio | 0.20% | | Assets Under Management | $5.48B | | NAV | $9.96 | | Holdings Count | — | | Distribution Yield (TTM) | 5.84% | | Annual Distribution (TTM) | $0.58 /share | | Distribution Frequency | Irregular | | 52-Week Range | $9.95 – $10.13 | | Beta | 0.04 | ## Latest Distribution - Amount: $0.0550 /share - Ex-date: 2026-10-09 - Pay date: 2026-10-12 ## Frequently Asked Questions ### What does FZOLX invest in? This fund generally commits at least 80% of its assets to fixed-income securities deemed investment-grade, which are characterized by medium to high credit quality. This broad category includes all forms of debt instruments, as well as related repurchase agreements. A core objective is to maintain a portfolio duration that typically does not exceed one year. ### What is the expense ratio of FZOLX? Fidelity SAI Low Duration Income Fund (FZOLX) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FZOLX's dividend yield? FZOLX's trailing-twelve-month yield is 5.84%, calculated from the sum of dividends over the past year divided by the current price. ### How big is FZOLX? Fidelity SAI Low Duration Income Fund (FZOLX) manages $5.48B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FZOLX actively managed or an index fund? FZOLX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FZOLX launched? Fidelity SAI Low Duration Income Fund (FZOLX) launched in September 2020 and is managed by Fidelity. ### Does FZOLX pay a dividend? Yes, Fidelity SAI Low Duration Income Fund (FZOLX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.84%. Full dividend history is on this page. ### How often does FZOLX pay dividends? Fidelity SAI Low Duration Income Fund pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FZOLX's next ex-dividend date? The most recently announced ex-dividend date for FZOLX was 2026-10-09. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will FZOLX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.20% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FZOLX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FZOLX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FZOLX cost more than a fund like VOO? FZOLX's strategy (current expense ratio 0.20%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FZOLX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FZOLX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FZOLX (0.20%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fzolx - Distribution history: https://www.dividenddata.com/funds/fzolx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fzolx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fzolx/expenses - Peer comparison: https://www.dividenddata.com/funds/fzolx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.