Fidelity® Shrt-Term Trs Bd Index
- FUMBX
- Price as of: Jan 15, 2021
-
$10.79
N/A N/A
- Primary Theme
- Short-Term U.S. Treasury Note
- Fund Company
- Fidelity Investments
- Share Class
FUMBX - Snapshot
Vitals
- YTD Return -0.2%
- 3 Yr Annualized Return 3.3%
- 5 Yr Annualized Return 2.3%
- Net Assets $3.94 B
- Holdings in Top 10 17.4%
52 WEEK LOW AND HIGH
$10.79
$10.55
$10.91
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.03%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 46.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
Short-Term U.S. Treasury Note
- Fund Type Open End Mutual Fund
- Investment Style Short Government
FUMBX - Profile
Distributions
- YTD Total Return -0.2%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.07%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFidelity® Short-Term Treasury Bond Index Fund
-
Fund Family NameFidelity Investments
-
Inception DateOct 04, 2017
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerBrandon Bettencourt
Fund Description
The fund normally invests at least 80% of assets in securities included in the Bloomberg Barclays U.S. 1-5 Year Treasury Bond Index. It normally maintains a dollar-weighted average maturity that generally is expected to be three years or less, consistent with that of the index. The advisor uses statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the Bloomberg Barclays U.S. 1-5 Year Treasury Bond Index using a smaller number of securities.
FUMBX - Performance
Return Ranking - Trailing
| Period | FUMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.2% | -0.7% | 0.3% | 80.00% |
| 1 Yr | 4.4% | 0.3% | 5.9% | 11.58% |
| 3 Yr | 3.3%* | 0.9% | 4.2% | 5.26% |
| 5 Yr | 2.3%* | 0.2% | 3.2% | 4.21% |
| 10 Yr | 1.7%* | 0.0% | 2.6% | 18.39% |
* Annualized
Return Ranking - Calendar
| Period | FUMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 2.8% | -1.8% | 4.9% | 10.99% |
| 2019 | 2.2% | -1.4% | 3.3% | 8.99% |
| 2018 | -0.2% | -80.0% | 0.1% | 9.09% |
| 2017 | N/A | -4.6% | 0.4% | N/A |
| 2016 | N/A | -4.1% | 900.0% | N/A |
Total Return Ranking - Trailing
| Period | FUMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.2% | -0.7% | 0.3% | 80.00% |
| 1 Yr | 4.4% | -3.1% | 5.9% | 10.64% |
| 3 Yr | 3.3%* | 0.1% | 4.2% | 5.32% |
| 5 Yr | 2.3%* | 0.1% | 3.2% | 4.26% |
| 10 Yr | 1.7%* | 0.0% | 2.6% | 17.44% |
* Annualized
Total Return Ranking - Calendar
| Period | FUMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 2.8% | -1.8% | 4.9% | 10.99% |
| 2019 | 2.2% | -1.4% | 3.3% | 8.99% |
| 2018 | -0.2% | -80.0% | 2.2% | 15.91% |
| 2017 | N/A | -4.6% | 1.2% | N/A |
| 2016 | N/A | -4.1% | 900.0% | N/A |
NAV & Total Return History
FUMBX - Holdings
Concentration Analysis
| FUMBX | Category Low | Category High | FUMBX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.94 B | 1.41 M | 19.6 B | 13.68% |
| Number of Holdings | 138 | 1 | 1623 | 58.95% |
| Net Assets in Top 10 | 688 M | 1.31 M | 9.05 B | 14.74% |
| Weighting of Top 10 | 17.44% | 17.4% | 100.0% | 100.00% |
Top 10 Holdings
- United States Treasury Notes 2% 1.88%
- United States Treasury Notes 0.25% 1.88%
- United States Treasury Notes 0.12% 1.82%
- United States Treasury Notes 1.5% 1.79%
- United States Treasury Notes 2.75% 1.78%
- United States Treasury Notes 0.5% 1.77%
- United States Treasury Notes 0.12% 1.71%
- United States Treasury Notes 1.12% 1.67%
- United States Treasury Notes 0.12% 1.65%
- United States Treasury Notes 0.38% 1.64%
Asset Allocation
| Weighting | Return Low | Return High | FUMBX % Rank | |
|---|---|---|---|---|
| Bonds | 99.91% | 39.95% | 100.27% | 13.68% |
| Cash | 0.09% | -0.60% | 60.05% | 87.37% |
| Stocks | 0.00% | 0.00% | 0.00% | 77.89% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 77.89% |
| Other | 0.00% | 0.00% | 0.33% | 77.89% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 77.89% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FUMBX % Rank | |
|---|---|---|---|---|
| Government | 99.91% | 0.00% | 100.00% | 8.42% |
| Cash & Equivalents | 0.09% | 0.00% | 60.05% | 90.53% |
| Derivative | 0.00% | 0.00% | 0.09% | 77.89% |
| Securitized | 0.00% | 0.00% | 94.03% | 93.68% |
| Corporate | 0.00% | 0.00% | 48.60% | 82.11% |
| Municipal | 0.00% | 0.00% | 6.06% | 82.11% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FUMBX % Rank | |
|---|---|---|---|---|
| US | 99.91% | 39.95% | 100.27% | 13.68% |
| Non US | 0.00% | -3.85% | 17.39% | 76.84% |
FUMBX - Expenses
Operational Fees
| FUMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | 2.31% | 100.00% |
| Management Fee | 0.03% | 0.03% | 0.80% | 1.06% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.05% | 0.45% | N/A |
Sales Fees
| FUMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.50% | 4.75% | N/A |
| Deferred Load | N/A | 0.50% | 1.00% | N/A |
Trading Fees
| FUMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 0.25% | 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.
| FUMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 46.00% | 0.00% | 499.00% | 30.85% |
FUMBX - Distributions
Dividend Yield Analysis
| FUMBX | Category Low | Category High | FUMBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.69% | 83.16% |
Dividend Distribution Analysis
| FUMBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| FUMBX | Category Low | Category High | FUMBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.07% | -0.01% | 2.40% | 16.30% |
Capital Gain Distribution Analysis
| FUMBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Apr 01, 2019 | $0.017 |
| Feb 01, 2019 | $0.016 |
| Jan 02, 2019 | $0.016 |
| Dec 28, 2018 | $0.003 |
| Dec 03, 2018 | $0.015 |
| Nov 01, 2018 | $0.015 |
| Sep 04, 2018 | $0.014 |
| Aug 01, 2018 | $0.014 |
| Jul 02, 2018 | $0.013 |
| Jun 01, 2018 | $0.014 |
| May 01, 2018 | $0.013 |
| Apr 02, 2018 | $0.013 |
| Mar 01, 2018 | $0.012 |
| Feb 01, 2018 | $0.013 |
| Jan 02, 2018 | $0.012 |
| Dec 01, 2017 | $0.012 |
| Nov 01, 2017 | $0.012 |
FUMBX - Fund Manager Analysis
Managers
Brandon Bettencourt
Start Date
Tenure
Tenure Rank
May 19, 2014
6.62
6.6%
Since joining Fidelity Investments in 2008, Brandon Bettencourt has worked as a research associate, portfolio analyst, and portfolio manager.
Richard Munclinger
Start Date
Tenure
Tenure Rank
Oct 01, 2020
0.25
0.3%
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.02 | 10.4 | 5.92 |