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Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Conservative Income Bond Fund

FCNVX | Fund

$10.07

$6.52 B

5.04%

$0.51

0.30%

Vitals

YTD Return

5.1%

1 yr return

5.7%

3 Yr Avg Return

3.9%

5 Yr Avg Return

2.6%

Net Assets

$6.52 B

Holdings in Top 10

33.6%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 62.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Fidelity Conservative Income Bond Fund

FCNVX | Fund

$10.07

$6.52 B

5.04%

$0.51

0.30%

FCNVX - Profile

Distributions

  • YTD Total Return 5.1%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.39%
DIVIDENDS
  • Dividend Yield 5.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Conservative Income Bond Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Mar 10, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Galusza

Fund Description

Normally investing at least 80% of assets in U.S. dollar-denominated money market and high quality investment-grade debt securities of all types, and repurchase agreements for those securities. Potentially entering into reverse repurchase agreements. Managing the fund to have similar overall interest rate risk to the Bloomberg U.S. 3-6 Month Treasury Bill Index. Normally maintaining a dollar-weighted average maturity of one year or less. Normally investing in securities with a maximum maturity of four years. Allocating assets across different market sectors and maturities. Investing more than 25% of total assets in the financial services industries. Investing in domestic and foreign issuers. Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.
Read More

FCNVX - Performance

Return Ranking - Trailing

Period FCNVX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -0.6% 7.6% 61.97%
1 Yr 5.7% 1.8% 9.2% 69.48%
3 Yr 3.9%* -1.3% 6.9% 23.90%
5 Yr 2.6%* -0.9% 4.7% 35.26%
10 Yr 2.0%* -4.2% 27.9% 45.45%

* Annualized

Return Ranking - Calendar

Period FCNVX Return Category Return Low Category Return High Rank in Category (%)
2023 0.7% -2.3% 4.3% 69.48%
2022 -0.4% -6.5% 0.5% 8.25%
2021 -0.3% -2.1% 0.3% 35.00%
2020 0.1% -3.1% 1.8% 66.67%
2019 0.5% -1.2% 6.1% 48.90%

Total Return Ranking - Trailing

Period FCNVX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -0.6% 7.6% 61.97%
1 Yr 5.7% 1.8% 9.2% 69.48%
3 Yr 3.9%* -1.3% 6.9% 23.90%
5 Yr 2.6%* -0.9% 4.7% 35.26%
10 Yr 2.0%* -4.2% 27.9% 45.45%

* Annualized

Total Return Ranking - Calendar

Period FCNVX Return Category Return Low Category Return High Rank in Category (%)
2023 5.7% 0.8% 12.1% 56.34%
2022 0.9% -5.1% 2.5% 16.99%
2021 0.0% -2.1% 14.5% 58.50%
2020 1.3% -1.0% 3.6% 69.79%
2019 3.2% 0.3% 9.6% 39.01%

NAV & Total Return History

FCNVX - Holdings

Concentration Analysis

FCNVX Category Low Category High FCNVX % Rank
Net Assets 6.52 B 26.6 K 22.6 B 16.90%
Number of Holdings 270 2 1258 50.23%
Net Assets in Top 10 2.07 B 27.7 K 22.7 B 5.16%
Weighting of Top 10 33.58% 6.3% 159.6% 21.60%

Top 10 Holdings

  1. Fidelity Cash Central Fund 14.59%
  2. UST BILLS 0% 09/12/2024 6.49%
  3. UST BILLS 0% 01/02/2025 4.62%
  4. UST NOTES 4.125% 01/31/2025 4.07%
  5. UST NOTES 4.75% 07/31/2025 1.40%
  6. ATHENE GLOBAL FUNDING FRN SFRIX+71.5 01/07/2025 144A 0.51%
  7. UST NOTES 4.25% 01/31/2026 0.50%
  8. GOLDMAN SACHS GROUP INC (THE) 5.7% 11/01/2024 0.49%
  9. DOLLAR GEN CORP NEW 4.25% 09/20/2024 0.46%
  10. SVENSKA HANDELSBANKEN AB YCP .0561 09/18/2024 0.46%

Asset Allocation

Weighting Return Low Return High FCNVX % Rank
Bonds 		85.17% 0.00% 129.63% 38.03%
Cash 		14.83% 0.00% 112.72% 23.00%
Convertible Bonds 		8.20% 0.00% 15.25% 11.79%
Stocks 		0.00% 0.00% 97.16% 29.58%
Preferred Stocks 		0.00% 0.00% 0.00% 14.08%
Other 		0.00% -13.48% 99.96% 74.18%

Bond Sector Breakdown

Weighting Return Low Return High FCNVX % Rank
Corporate 		55.60% 0.00% 99.91% 19.34%
Cash & Equivalents 		14.59% 0.00% 112.72% 21.60%
Government 		3.23% 0.00% 100.00% 43.40%
Derivative 		0.00% -13.48% 16.56% 28.64%
Securitized 		0.00% 0.00% 100.00% 83.02%
Municipal 		0.00% 0.00% 70.39% 51.42%

Bond Geographic Breakdown

Weighting Return Low Return High FCNVX % Rank
US 		85.17% 0.00% 129.63% 37.09%
Non US 		0.00% 0.00% 20.18% 26.29%

FCNVX - Expenses

Operational Fees

FCNVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.30% 0.08% 29.63% 78.57%
Management Fee 0.20% 0.00% 1.19% 23.94%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FCNVX 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 0.25% 1.00% N/A

Trading Fees

FCNVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 1.00% 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.

FCNVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 62.00% 0.00% 336.00% 40.22%

FCNVX - Distributions

Dividend Yield Analysis

FCNVX Category Low Category High FCNVX % Rank
Dividend Yield 5.04% 0.00% 8.76% 23.47%

Dividend Distribution Analysis

FCNVX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

FCNVX Category Low Category High FCNVX % Rank
Net Income Ratio 0.39% -1.30% 14.86% 60.98%

Capital Gain Distribution Analysis

FCNVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Distributions History

View More +

FCNVX - Fund Manager Analysis

Managers

Robert Galusza

Start Date

Tenure

Tenure Rank

Nov 12, 2015

6.55

6.6%

Rob Galusza is a portfolio manager in the Fixed Income division at Fidelity Management & Research Company (FMR Co.), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Before joining Fidelity in 1987, Mr. Galusza was an international underwriter at Chubb and Son Inc. In this capacity, he performed risk analysis on international corporations. He has been in the insu rance and investments industries since 1985. Mr. Galusza earned his bachelor of science degree in finance, with concentrations in investments and marketing, from Babson College and his master of science in finance degree from Boston College’s Carroll School of Management.

Julian Potenza

Start Date

Tenure

Tenure Rank

Oct 30, 2017

4.59

4.6%

Julian Potenza is a portfolio manager in the Fixed Income division at Fidelity Management & Research Company (FMR Co.), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Prior to joining Fidelity in 2007, Mr. Potenza was a credit analyst at Investors Bank and Trust. He has been in the investment industry since 2003. Mr. Potenza earned his bachelor of science degree in finance and economics from the Carroll School of Management at Boston College. He is also a CFA charterholder.

Maura Walsh

Start Date

Tenure

Tenure Rank

Oct 30, 2018

3.59

3.6%

Since joining Fidelity Investments in 1995, Ms. Walsh has worked as a trader and portfolio manager.

David DeBiase

Start Date

Tenure

Tenure Rank

Oct 30, 2020

1.58

1.6%

Dave DeBiase is a portfolio manager in the Fixed Income division at Fidelity Management & Research Company (FMR Co.), the investment advisor for Fidelity’s family of mutual funds. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and other financial products and services to more than 20 million individuals, institutions and financial intermediaries. Since joining Fidelity Investments in 2006, Mr. DeBiase has worked as a trader and portfolio manager. Before joining Fidelity in 2006, he worked as a senior structured products analyst at Standish Mellon Asset Management. He has been in the investment industry since 2000. Mr. DeBiase earned his bachelor of business science degree in accounting from Bentley College and his master of business administration degree from Boston College. He is also a CFA charterholder and a board member of the Hamilton Wenham Edfund, which provides grants to promote educational excellence within the Hamilton Wenham school district.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 32.44 6.52 7.92

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