# Portfolio overlap — FSRTX vs PRRIX Comparing **Fidelity Strategic Real Return Fund** (2026-03-31) and **PIMCO Real Return Fund** (2026-03-31). - Shared positions: 44 - Fidelity Strategic Real Return Fund covered by PIMCO Real Return Fund: 0.2063570877769428819055937437 - PIMCO Real Return Fund covered by Fidelity Strategic Real Return Fund: 0.2063570877769428819055937437 ## Fidelity Strategic Real Return Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Fidelity Floating Rate Central Fund | 0.249856 | | | Fidelity Commodity Strategy Central Fund | 0.152699 | | | Fidelity Real Estate Equity Central Fund | 0.097345 | | | EXXON MOBIL CORP | 0.013974 | | | CORTEVA INC | 0.012558 | | | Fidelity Cash Central Fund | 0.010994 | | | U.S. Treasury Inflation-Protected Indexed Notes | 0.009696 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.009094 | ✓ | | U.S. Treasury Notes | 0.009065 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/2% 01/15/2028 | 0.008993 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032 | 0.008637 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 2.375% 10/15/2028 | 0.008520 | ✓ | | ARCHER DANIELS MIDLAND CO | 0.008344 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 | 0.008134 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.007986 | ✓ | | U.S. Treasury Notes | 0.007977 | ✓ | | CHEVRON CORP | 0.007956 | | | BUNGE GLOBAL SA | 0.007869 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031 | 0.007833 | ✓ | | NUTRIEN LTD | 0.007572 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 04/15/2027 | 0.007517 | | | U.S. Treasury Inflation-Linked Notes | 0.007502 | ✓ | | U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034 | 0.007385 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033 | 0.007215 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028 | 0.007153 | ✓ | | U.S. Treasury Notes 0.125%, Due 1/15/2030 | 0.007141 | ✓ | | U.S. Treasury Notes | 0.007080 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/8% 07/15/2027 | 0.006405 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031 | 0.006382 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030 | 0.006341 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27 | 0.006078 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .25% 07/15/29 | 0.005762 | ✓ | | SHELL PLC | 0.005584 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/32 | 0.005566 | ✓ | | BHP GROUP LTD | 0.005481 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044 | 0.004900 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028 | 0.004844 | ✓ | | CF INDUSTRIES HOLDINGS INC | 0.004718 | | | VALE SA | 0.004360 | | | IMPERIAL OIL LTD | 0.004201 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2045 | 0.003646 | ✓ | | UPM-KYMMENE OYJ | 0.003608 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-5/8% 04/15/28 | 0.003489 | ✓ | | U.S. Treasury Inflation-Indexed Notes | 0.003447 | ✓ | | CAN NATURAL RES | 0.003394 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029 | 0.003350 | ✓ | | GLENCORE PLC | 0.003257 | | | AGNICO EAGLE MINES LTD | 0.003236 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-7/8% 04/15/29 | 0.003126 | ✓ | | BP PLC | 0.003062 | | ## PIMCO Real Return Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Uniform Mortgage-Backed Security, TBA | 0.046822 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 07/15/2032 | 0.039608 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.038275 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.035702 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 | 0.034786 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-7/8% 04/15/29 | 0.033206 | ✓ | | U.S. Treasury Notes | 0.032801 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/4% 01/15/28 | 0.032712 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 3-5/8% 04/15/28 | 0.029420 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 07/15/2031 | 0.025270 | ✓ | | U.S. Treasury Inflation-Linked Notes | 0.022460 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-3/8% 02/15/2044 | 0.018312 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2042 | 0.018169 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.125% 01/15/2033 | 0.018101 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .25% 07/15/29 | 0.017911 | ✓ | | U.S. Treasury Notes | 0.017066 | ✓ | | UNITED KINGDOM GILT BONDS REGS 10/31 4 | 0.016852 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .125 07/15/2030 | 0.015897 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/32 | 0.015339 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1% 02/15/46 | 0.015240 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/8% 01/15/2031 | 0.014949 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-7/8% 02/15/2047 | 0.014716 | ✓ | | PIMCO PRV SHORT TERM FLT III MUTUAL FUND | 0.014499 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 02/15/2045 | 0.013141 | ✓ | | U.S. Treasury Inflation-Indexed Notes | 0.012193 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 2-1/2% 01/15/29 | 0.011904 | ✓ | | U.S. Treasury Notes | 0.011326 | ✓ | | FNCL 6 6/24 | 0.010835 | | | G2 MA8099 | 0.010721 | | | Government National Mortgage Association | 0.010001 | | | JAPAN GOVT CPI LINKED BONDS 03/29 0.1 | 0.009500 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.250 04/15/2028 | 0.008971 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES .875% 01/15/2029 | 0.008852 | ✓ | | PROJECT CASHMERE CLASS A1 144A | 0.008243 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 1-5/8% 10/15/27 | 0.008183 | ✓ | | U.S. Treasury Inflation-Protected Indexed Bonds | 0.008131 | ✓ | | U.S. Treasury Inflation-Protected Indexed Notes | 0.008071 | ✓ | | US ULTRA BOND CBT Sep25 | 0.008054 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 2 1/8% 02/15/40 | 0.007957 | ✓ | | FNCL 6 7/25 | 0.007853 | | | U.S. Treasury Inflation-Protected Notes 1.75%, Due 01/15/2034 | 0.007229 | ✓ | | Uniform Mortgage-Backed Security, TBA | 0.007159 | | | Uniform Mortgage-Backed Security, TBA | 0.007147 | | | Uniform Mortgage-Backed Security, TBA | 0.007006 | | | JAPAN GOVT CPI LINKED BONDS 03/28 0.1 | 0.006969 | | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-3/4% 07/15/2028 | 0.006942 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-5/8% 02/15/2043 | 0.006489 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0.25% 02/15/2050 | 0.006443 | | | U.S. Treasury Notes 0.125%, Due 1/15/2030 | 0.006334 | ✓ | | U.S. TREASURY INFLATION-PROTECTED SECURITIES 0-1/2% 01/15/2028 | 0.006155 | ✓ | ## Sources - N-PORT (fund A) — accession `0000035402-26-003437` (as of 2026-03-31) - N-PORT (fund B) — accession `0001099263-26-007186` (as of 2026-03-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _