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FBNDX Fidelity® Investment Grade Bond

  • Fund
  • FBNDX
  • Price as of: Aug 08, 2016
  • $8.00
  • + $0.01
  • + 0.13%
  • Category
  • Total Bond Market

FBNDX - Profile

Vitals

  • YTD Return 5.5%
  • 3 Yr Annualized Return 4.0%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $8.47 B
  • Holdings in Top 10 29.7%

52 WEEK LOW AND HIGH

$8.00
$7.56
$8.02

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 182.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate-Term Bond

Distributions

  • YTD Total Return 5.5%
  • 3 Yr Annualized Total Return 4.0%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.89%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Fidelity® Investment Grade Bond Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Aug 06, 1971
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jeffrey Moore

FBNDX - Performance

Return Ranking - Trailing

Period FBNDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.5% -29.9% 209.8% 7.24% 1
1 Yr 5.4% -15.9% 20.3% 21.37% 2
3 Yr 4.0% * -6.4% 10.4% 24.11% 2
5 Yr 3.7% * -3.4% 9.0% 27.40% 2
10 Yr 4.6% * -1.1% 10.2% 42.62% 3

* Annualized


Return Ranking - Calendar

Period FBNDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.3% -51.0% 6.6% 53.22% 4
2014 N/A -0.4% 2.9% N/A N/A
2013 N/A -4.9% -0.8% N/A N/A
2012 N/A 0.8% 13.9% N/A N/A
2011 N/A -1.7% 3.8% N/A N/A

Total Return Ranking - Trailing

Period FBNDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.5% -8.1% 209.8% 7.36% 1
1 Yr 5.4% -19.0% 20.3% 17.70% 1
3 Yr 4.0% * -7.1% 10.4% 21.39% 2
5 Yr 3.7% * -4.3% 9.0% 24.44% 2
10 Yr 4.6% * -1.1% 10.2% 40.20% 3

* Annualized


Total Return Ranking - Calendar

Period FBNDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.3% -51.0% 6.6% 53.28% 4
2014 N/A -0.3% 4.5% N/A N/A
2013 N/A -4.6% 0.6% N/A N/A
2012 N/A 1.4% 15.7% N/A N/A
2011 N/A -0.9% 5.5% N/A N/A

NAV & Total Return History

FBNDX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FBNDX Category Low Category High FBNDX % Rank Quintile
Net Assets 8.47 B 319 K 169 B 2.24% 1
Number of Holdings 916 1 17404 5.90% 2
Net Assets in Top 10 2.52 B -36 B 21.5 B 1.68% 1
Weighting of Top 10 29.7% 0.0% 1826.2% 13.53% 3

Top 10 Holdings

  1. US Treasury Note 0.875% 5.11%
  2. Fidelity Cent Invt Portfolios 5.00%
  3. US Treasury Note 3.45%
  4. Fannie Mae 3.5% 30 Year 3.07%
  5. Fannie Mae 4% 30 Year 2.46%
  6. Fannie Mae 3% 30 Year 2.35%
  7. US Treasury Bond 3% 2.28%
  8. GNMA 3.5% 2.14%
  9. US Treasury Note 1.25% 2.03%
  10. Freddie Mac 3.5% 30 Year 1.84%

Asset Allocation

Weighting Category Low Category High FBNDX % Rank Quintile
Bonds
87.52% -175.98% 181.87% 16.23% 3
Cash
6.99% -82.73% 275.92% 17.24% 3
Other
5.00% -15.97% 117.15% 2.95% 1
Convertible Bonds
0.42% 0.00% 18.40% 3.31% 1
Preferred Stocks
0.08% -0.07% 17.65% 7.38% 2
Stocks
0.00% -5.60% 98.06% 5.39% 4

Bond Sector Breakdown

Weighting Category Low Category High FBNDX % Rank Quintile
Corporate
38.82% 0.00% 502.59% 12.56% 2
Government
28.23% -990.83% 129.84% 9.31% 2
Securitized
19.75% 0.00% 275.57% 21.21% 4
Cash & Equivalents
6.99% -63.55% 811.66% 17.34% 3
Municipal
1.68% 0.00% 106.20% 6.71% 1
Derivative
-0.47% -895.14% 18.41% 3.66% 5

Bond Geographic Breakdown

Weighting Category Low Category High FBNDX % Rank Quintile
US
79.99% -513.97% 163.91% 12.56% 3
Non US
7.53% -5.42% 399.20% 18.72% 4

FBNDX - Expenses

Operational Fees

FBNDX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.45% 0.00% 42.51% 12.47% 1
Management Fee 0.31% 0.00% 2.15% 3.51% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.63% N/A N/A

Sales Fees

FBNDX Fees (% of AUM) Category Low Category High FBNDX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

FBNDX Fees (% of AUM) Category Low Category High FBNDX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FBNDX Fees (% of AUM) Category Low Category High FBNDX Rank Quintile
Turnover 182.00% 0.00% 1944.00% 6.67% 4

FBNDX - Distributions

Dividend Yield Analysis

FBNDX Category Low Category High FBNDX % Rank Quintile
Dividend Yield 0.2% 0.00% 1.30% 20.73% 3

Dividend Distribution Analysis

FBNDX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FBNDX Category Low Category High FBNDX % Rank Quintile
Net Income Ratio 2.89% -1.76% 17.13% 8.85% 2

Capital Gain Distribution Analysis

FBNDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Daily Annually

FBNDX - Managers

Jeffrey Moore

Manager

Start Date

Dec 01, 2004

Tenure

11.67

Tenure Rank

2.1%

Jeffrey Moore is a portfolio manager in the Fixed Income division at Pyramis Global Advisors, a Fidelity Investments company. In this role, he manages investment-grade portfolios across retail and institutional assets, including the Fidelity Investment Grade Bond Fund. Jeff joined the firm as an analyst in 1995 and began managing portfolios in 2000. He also was a fixed income analyst assigned to several sectors including sovereign debt, energy, REITs, Yankee banks, and Canada. Prior to joining the firm, he was a credit analyst following Canadian provincial, municipal, and government debt.


Tenure Analysis

Category Low

0.0

Category High

27.6

Category Average

5.91

Category Mode

1.6