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FIPIX Fidelity Advisor® Infl-Prot Bond I

  • Fund
  • FIPIX
  • Price as of: Dec 02, 2016
  • $12.06
  • - $0.00
  • - 0.00%
  • Category
  • Inflation-Protected Bonds

FIPIX - Profile

Vitals

  • YTD Return 4.0%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return 0.9%
  • Net Assets $2.13 B
  • Holdings in Top 10 55.0%

52 WEEK LOW AND HIGH

$12.06
$11.57
$12.43

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

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

BROKERAGE FEES

  • Turnover 29.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$500

Investment Themes

CATEGORY

Inflation-Protected Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Inflation-Protected Bond

Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Fidelity® Inflation-Protected Bond Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Oct 02, 2002
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Franco Castagliuolo

Fund Description

The fund normally invests at least 80% of assets in inflation-protected debt securities of all types. It invests primarily in U.S. dollar-denominated inflation-protected debt securities. The fund is managed to have similar overall interest rate risk to the Barclays® U.S. Treasury Inflation-Protected Securities (TIPS) Index (Series-L). It allocates assets across different market sectors and maturities. The fund invests in domestic and foreign issuers.

FIPIX - Performance

Return Ranking - Trailing

Period FIPIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.0% -1.7% 16.9% 26.87% 2
1 Yr 5.3% -4.7% 14.9% 31.00% 2
3 Yr 1.6% * -3.0% 5.8% 28.18% 2
5 Yr 0.9% * -0.7% 8.0% 42.26% 3
10 Yr 3.7% * 0.3% 7.6% 55.91% 3

* Annualized


Return Ranking - Calendar

Period FIPIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.1% -19.2% 0.0% 51.53% 4
2014 0.8% -8.8% 20.3% 33.51% 2
2013 -10.9% -27.3% 2.4% 53.04% 4
2012 4.5% -13.7% 10.0% 18.18% 1
2011 9.8% -8.6% 10.9% 4.58% 1

Total Return Ranking - Trailing

Period FIPIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.0% -1.7% 16.9% 32.84% 2
1 Yr 5.3% -8.4% 14.9% 29.00% 2
3 Yr 1.6% * -4.0% 5.8% 25.41% 2
5 Yr 0.9% * -0.9% 8.0% 36.31% 2
10 Yr 3.7% * 0.3% 7.6% 50.39% 3

* Annualized


Total Return Ranking - Calendar

Period FIPIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.3% -12.9% 0.1% 43.37% 3
2014 3.2% -8.8% 26.1% 16.76% 1
2013 -9.5% -27.7% 21.9% 55.80% 4
2012 6.6% 0.0% 31.4% 34.55% 2
2011 13.4% -0.4% 31.6% 28.10% 2

NAV & Total Return History

FIPIX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

FIPIX Category Low Category High FIPIX % Rank Quintile
Net Assets 2.13 B 1.26 M 25.3 B 5.53% 1
Number of Holdings 39 3 1159 17.09% 4
Net Assets in Top 10 1.17 B 1.28 M 13.9 B 4.52% 1
Weighting of Top 10 55.0% 7.8% 279.3% 18.09% 3

Top 10 Holdings

  1. US Treasury Note 7.17%
  2. US Treasury Bond 5.70%
  3. US Treasury Note 6.87%
  4. US Treasury TIP 6.82%
  5. US Treasury Note 5.88%
  6. US Treasury Note 4.85%
  7. US Treasury Note 4.81%
  8. US Treasury Bond 4.57%
  9. US Treasury Bond 4.33%
  10. US Treasury Note 4.04%

Asset Allocation

Weighting Category Low Category High FIPIX % Rank Quintile
Bonds
99.86% 0.00% 160.81% 8.46% 2
Cash
0.14% -60.81% 35.03% 19.10% 4
Other
0.00% -10.81% 13.79% 12.56% 4
Convertible Bonds
0.00% 0.00% 13.44% 3.02% 4
Preferred Stocks
0.00% 0.00% 2.35% 4.02% 4
Stocks
0.00% 0.00% 16.14% 4.98% 4

Bond Sector Breakdown

Weighting Category Low Category High FIPIX % Rank Quintile
Government
99.85% -0.39% 107.94% 5.53% 1
Cash & Equivalents
0.14% -84.42% 35.03% 18.59% 4
Securitized
0.00% 0.00% 51.05% 15.58% 5
Corporate
0.00% 0.00% 76.10% 16.08% 5
Municipal
0.00% 0.00% 102.90% 5.53% 4
Derivative
0.00% -21.70% 0.21% 3.02% 3

Bond Geographic Breakdown

Weighting Category Low Category High FIPIX % Rank Quintile
US
99.86% 56.75% 158.90% 6.53% 2
Non US
0.00% 0.00% 18.48% 17.59% 5

FIPIX - Expenses

Operational Fees

FIPIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.52% 0.05% 17.48% 49.75% 1
Management Fee 0.31% 0.04% 0.70% 10.45% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.35% N/A N/A

Sales Fees

FIPIX Fees (% of AUM) Category Low Category High FIPIX Rank Quintile
Front Load N/A 2.25% 4.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

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

FIPIX Fees (% of AUM) Category Low Category High FIPIX Rank Quintile
Turnover 29.00% 1.00% 531.00% 19.10% 2

FIPIX - Distributions

Dividend Yield Analysis

FIPIX Category Low Category High FIPIX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.93% 65.98% 5

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FIPIX Category Low Category High FIPIX % Rank Quintile
Net Income Ratio 1.50% -2.77% 5.45% 16.92% 1

Capital Gain Distribution Analysis

FIPIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

FIPIX - Managers

Franco Castagliuolo

Manager

Start Date

Mar 01, 2012

Tenure

4.67

Tenure Rank

10.0%

Franco Castagliuolo joined Fidelity Investments in 1997, Mr. Castagliuolo has served as a research associate and portfolio manager.


William Irving

Lead Manager

Start Date

Nov 01, 2004

Tenure

12.01

Tenure Rank

1.1%

Irving is manager of Institutional Short-Intermediate Government Fund, which he has managed since April 2008. He also manages other Fidelity funds. Since joining Fidelity Investments in 1999, Irving has worked as a quantitative analyst and portfolio manager.


Tenure Analysis

Category Low

0.0

Category High

20.4

Category Average

5.7

Category Mode

4.8