FBNDX: Fidelity® Investment Grade Bond Fund - MutualFunds.com

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FBNDX - Snapshot

Vitals

  • YTD Return 3.8%
  • 3 Yr Annualized Return 6.0%
  • 5 Yr Annualized Return 5.1%
  • Net Assets $9.57 B
  • Holdings in Top 10 38.2%

52 WEEK LOW AND HIGH

$8.52
$7.83
$8.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

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

BROKERAGE FEES

  • Turnover 118.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare FBNDX to Popular U.S. Intermediate-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$11.56

-0.26%

$291.23 B

2.52%

$0.29

4.62%

0.15%

$87.73

-0.22%

$291.23 B

2.59%

$2.28

4.44%

0.04%

$11.48

-0.26%

$202.43 B

2.61%

$0.30

4.27%

0.09%

$11.58

-0.17%

$89.35 B

2.39%

$0.28

5.85%

0.67%

$117.52

-0.18%

$80.80 B

2.58%

$3.04

4.30%

0.05%

FBNDX - Profile

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return 6.0%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 (%)
YTD 3.8% -12.1% 949.2% 65.62%
1 Yr 8.9% -4.3% 17.5% 8.82%
3 Yr 6.0%* 0.9% 8.4% 6.42%
5 Yr 5.1%* 0.8% 8.2% 9.12%
10 Yr 4.3%* 1.3% 7.7% 22.87%

* Annualized

Return Ranking - Calendar

Period FBNDX Return Category Return Low Category Return High Rank in Category (%)
2019 6.8% -1.7% 13.9% 13.45%
2018 -3.2% -10.3% 2.7% 40.63%
2017 1.7% -49.5% 8.1% 29.85%
2016 2.8% -49.3% 192.8% 3.98%
2015 -4.3% -12.2% 0.2% 83.22%

Total Return Ranking - Trailing

Period FBNDX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -12.1% 949.2% 65.90%
1 Yr 8.9% -8.3% 17.5% 8.05%
3 Yr 6.0%* 0.2% 8.4% 6.34%
5 Yr 5.1%* 0.5% 8.2% 7.73%
10 Yr 4.3%* 1.3% 7.7% 21.49%

* Annualized

Total Return Ranking - Calendar

Period FBNDX Return Category Return Low Category Return High Rank in Category (%)
2019 6.8% -1.7% 13.9% 15.24%
2018 -2.8% -10.3% 3.9% 40.09%
2017 1.7% -6.0% 8.4% 44.72%
2016 2.8% -22.1% 204.3% 17.33%
2015 -4.3% -12.2% 3.7% 90.07%

NAV & Total Return History


FBNDX - Holdings

Concentration Analysis

FBNDX Category Low Category High FBNDX % Rank
Net Assets 9.57 B 3.15 M 291 B 14.14%
Number of Holdings 1416 1 18357 24.88%
Net Assets in Top 10 2.94 B -1.18 B 39.4 B 10.92%
Weighting of Top 10 38.18% 2.9% 100.0% 27.90%

Top 10 Holdings

  1. Fidelity Revere Str Tr 12.86%
  2. United States Treasury Notes 1.5% 12.27%
  3. United States Treasury Notes 0.12% 2.65%
  4. United States Treasury Notes 3.12% 2.33%
  5. Umbs 3.5% 30 Year 1.89%
  6. Umbs 3.5% 30 Year 1.89%
  7. Umbs 3.5% 30 Year 1.89%
  8. Umbs 3.5% 30 Year 1.89%
  9. Umbs 3.5% 30 Year 1.89%
  10. Umbs 3.5% 30 Year 1.89%

Asset Allocation

Weighting Return Low Return High FBNDX % Rank
Bonds
85.62% -57.43% 231.55% 92.98%
Cash
12.95% -139.87% 163.89% 6.48%
Convertible Bonds
1.60% 0.00% 11.80% 33.30%
Stocks
0.00% -2.10% 10.27% 51.34%
Preferred Stocks
0.00% 0.00% 80.56% 61.52%
Other
-0.17% -11.86% 7.38% 91.03%

Bond Sector Breakdown

Weighting Return Low Return High FBNDX % Rank
Corporate
44.56% 0.00% 88.42% 24.79%
Government
23.89% 0.00% 80.09% 37.19%
Securitized
18.33% 0.00% 98.79% 85.75%
Cash & Equivalents
12.83% 0.00% 56.55% 16.56%
Municipal
0.37% 0.00% 80.09% 53.47%
Derivative
0.02% 0.00% 23.62% 33.12%

Bond Geographic Breakdown

Weighting Return Low Return High FBNDX % Rank
US
73.70% -57.66% 239.68% 85.75%
Non US
11.92% -140.55% 76.80% 35.80%

FBNDX - Expenses

Operational Fees

FBNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.01% 21.33% 80.52%
Management Fee 0.30% 0.00% 0.85% 26.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FBNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FBNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 118.00% 3.00% 489.00% 51.94%

FBNDX - Distributions

Dividend Yield Analysis

FBNDX Category Low Category High FBNDX % Rank
Dividend Yield 0.00% 0.00% 4.09% 42.48%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FBNDX Category Low Category High FBNDX % Rank
Net Income Ratio 2.19% -0.35% 11.28% 79.39%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FBNDX - Fund Manager Analysis

Managers

Jeffrey Moore


Start Date

Tenure

Tenure Rank

Dec 01, 2004

15.84

15.8%

Jeffrey Moore is a portfolio manager at FMRCo. In this role he manages portfolios across retail and institutional assets, including Fidelity and Fidelity Advisor funds. Mr. Moore was previously a fixed income analyst assigned to several sectors, including sovereign debt, energy, REITs, and Yankee banks. Mr. Moore joined Fidelity in 1995 and has been in the investments industry since 1990. Mr. Moore earned his bachelor of arts degree in economics from the University of Western Ontario and his master’s degree in economics from the University of Waterloo. He is a CFA charterholder.

Michael Plage


Start Date

Tenure

Tenure Rank

Oct 18, 2016

3.95

4.0%

Since joining Fidelity Investments in 2005, Mr. Plage has worked as a trader and portfolio manager. Michael Plage is a portfolio manager in the Fixed Income division at FMRCo. In this role, Mr. Plage manages institutional and retail Fixed Income portfolios within Core, Core Plus, and Tactical Bond strategies. Mr. Plage joined Fidelity in 2005, and has been in the investments industry since 1997. Mr. Plage earned his bachelor of science degree from the University of South Carolina and his master of business administration degree from the University of Connecticut. He is also a Chartered Financ

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.76 6.87 1.25