FSMSX Mutual Fund

FSMSX Mutual Fund

NAV$11.65
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Fund Essentials - as of Mar 31, 2026

Net Assets
$1.4B
Expense Ratio
2.02%
Dividend Yield (Current)
2.33%
Holdings
678
Inception Date
May 16, 2017
Fund Family
FS Investments
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Annually

Performance

YTD+3.49%
1 Year+5.96%
3 Year+4.31%
5 Year+4.84%

Asset Allocation

Bonds: 841.65%
Cash: 15.16%
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Top Holdings

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TickerNameWeight
-Federal National Mortgage Association Fnma-30Yr 2050-04-0196.59%
-Fannie Mae Or Freddie Mac26.88%
-Virginia Electric And Power Compan 5.05 08/15/20343.85%
-Barclays Bank Plc Mtn Zero Coupon 12/29/2026 0 2026-12-292.52%
BRIXXBlckrck Cash-Trsry-Inst Money Market2.02%
Top 10 Concentration: 138.87%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
2.33%
Frequency
Annually
Latest Distribution
$0.35
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

FSMSX Mutual Fund Overview

FSMSX Mutual Fund (FS Multi-Strategy Alternatives Fund Class I) is managed by FS Investments with $1.43B in net assets. FSMSX expense ratio is 2.02%, holding 678 positions across sectors including Financials, Consumer Discretionary, Communication Services. Inception date: 2017-05-16.

FSMSX performance shows a YTD return of 3.49%. The 1-year return is 5.96% and the 5-year return is 4.84%. FSMSX dividend yield stands at 2.33%, paid annually.

FSMSX top holdings include Federal National Mortgage Association Fnma-30Yr 2050-04-01 (96.6%), Fannie Mae Or Freddie Mac (26.9%), Virginia Electric And Power Compan 5.05 08/15/2034 (3.9%), Barclays Bank Plc Mtn Zero Coupon 12/29/2026 0 2026-12-29 (2.5%), Blckrck Cash-Trsry-Inst Money Market (2.0%). Go to all FSMSX holdings, FSMSX sectors, or FSMSX dividends.

FSMSX can be compared against other funds. Use FSMSX overlap to find shared positions, or FSMSX vs another fund for a side-by-side view. FSMSX alternatives are available via the screener, along with tax-loss harvesting opportunities.