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FBNDX Fidelity® Investment Grade Bond

  • Fund
  • FBNDX
  • Price as of: Jul 19, 2019
  • $8.08 - $0.00 - 0.00%
  • Category
  • Total Bond Market

FBNDX - Profile

Vitals

  • YTD Return 5.3%
  • 3 Yr Annualized Return 0.4%
  • 5 Yr Annualized Return 0.5%
  • Net Assets $8.54 B
  • Holdings in Top 10 38.3%

52 WEEK LOW AND HIGH

$8.08
$7.56
$8.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

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

BROKERAGE FEES

  • Turnover 56.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 5.3%
  • 3 Yr Annualized Total Return 0.5%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.61%
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 5.3% -3.8% 13.0% 21.16%
1 Yr 4.8% -10.0% 8.4% 8.08%
3 Yr 0.4%* -4.2% 4.6% 13.63%
5 Yr 0.5%* -8.5% 23.6% 7.77%
10 Yr 1.8%* -7.3% 26.2% 6.94%

* Annualized


Return Ranking - Calendar

Period FBNDX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.2% -22.2% 3.1% 52.22%
2017 1.7% -5.1% 25.1% 28.57%
2016 2.8% -8.5% 192.8% 14.33%
2015 -4.3% -33.0% 3.0% 75.74%
2014 3.1% -29.8% 32.1% 16.34%

Total Return Ranking - Trailing

Period FBNDX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.3% -3.8% 13.0% 23.15%
1 Yr 5.2% -10.0% 9.9% 11.25%
3 Yr 0.5%* -4.2% 6.8% 30.63%
5 Yr 0.5%* -8.2% 28.6% 29.76%
10 Yr 1.8%* -7.3% 26.4% 26.74%

* Annualized


Total Return Ranking - Calendar

Period FBNDX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.8% -22.2% 7.9% 56.20%
2017 1.7% -4.6% 25.1% 39.73%
2016 2.8% -4.1% 204.3% 24.33%
2015 -4.3% -32.4% 4.2% 82.43%
2014 3.1% -29.8% 32.1% 29.20%

NAV & Total Return History

FBNDX - Holdings

Concentration Analysis

FBNDX Category Low Category High FBNDX % Rank
Net Assets 8.54 B 330 K 229 B 12.03%
Number of Holdings 1144 3 17343 20.28%
Net Assets in Top 10 2.92 B -28.8 B 32.2 B 8.98%
Weighting of Top 10 38.29% 4.0% 1674.7% 31.58%

Top 10 Holdings

  1. United States Treasury Notes 2.88% 8.66%

  2. United States Treasury Notes 2.75% 7.67%

  3. United States Treasury Notes 1.75% 5.72%

  4. United States Treasury Notes 2.5% 3.38%

  5. Fannie Mae 3.5% 30 Year 2.33%

  6. Fannie Mae 4% 30 Year 2.30%

  7. United States Treasury Notes 2.62% 2.22%

  8. United States Treasury Notes 2.38% 2.20%

  9. United States Treasury Notes 3.12% 2.07%

  10. Ginnie Mae 3.5% 30 Year 1.74%


Asset Allocation

Weighting Return Low Return High FBNDX % Rank
Bonds
97.81% 0.00% 394.27% 28.92%
Cash
2.08% -539.21% 70.47% 62.70%
Convertible Bonds
0.10% 0.00% 18.42% 74.60%
Stocks
0.00% -3.42% 96.77% 39.89%
Preferred Stocks
0.00% 0.00% 20.33% 46.34%
Other
0.00% -98.58% 236.55% 33.71%

Bond Sector Breakdown

Weighting Return Low Return High FBNDX % Rank
Government
41.24% -74.72% 316.66% 18.28%
Corporate
31.64% 0.00% 127.23% 56.38%
Securitized
25.21% 0.00% 103.00% 68.62%
Cash & Equivalents
1.58% -532.79% 70.33% 63.56%
Municipal
0.57% 0.00% 102.07% 31.72%
Derivative
-0.75% -234.33% 48.69% 93.35%

Bond Geographic Breakdown

Weighting Return Low Return High FBNDX % Rank
US
90.05% 0.00% 219.16% 31.18%
Non US
7.76% -41.14% 244.34% 64.10%

FBNDX - Expenses

Operational Fees

FBNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.00% 38.42% 87.62%
Management Fee 0.31% 0.00% 2.15% 27.39%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.63% N/A

Sales Fees

FBNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.15% 5.50% N/A

Trading Fees

FBNDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 56.00% 0.00% 2337.00% 32.73%

FBNDX - Distributions

Dividend Yield Analysis

FBNDX Category Low Category High FBNDX % Rank
Dividend Yield 0.01% 0.00% 8.86% 93.15%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FBNDX Category Low Category High FBNDX % Rank
Net Income Ratio 2.61% -2.82% 7.22% 43.78%

Capital Gain Distribution Analysis

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

FBNDX - Managers

Jeffrey Moore

Manager

Start Date

Tenure

Tenure Rank

Dec 01, 2004

14.59

14.6%

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

Manager

Start Date

Tenure

Tenure Rank

Oct 18, 2016

2.7

2.7%

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 Financial Analyst charterholder.


Tenure Analysis

Category Low

0.0

Category High

30.51

Category Average

6.95

Category Mode

7.12