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Morningstar

Fidelity Investment Grade Bond FBNDX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 7.04  /  +0.30 %
  • Total Assets 9.6 Bil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.87%
  • Effective Duration 6.15 years

USD | NAV as of Jun 01, 2024 | 1-Day Return as of Jun 01, 2024, 4:34 AM GMT+0

Morningstar’s Analysis FBNDX

Will FBNDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBNDX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FBNDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FBNDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Well prepared for change.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Despite an upcoming retirement, Fidelity Investment Grade Bond remains one of the best core offerings.

by Mike Mulach
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FBNDX

More FBNDX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.25%

9.83 964.4 Mil
Government

Fidelity Cash Central Fund

8.87 870.2 Mil
Cash and Equivalents

United States Treasury Notes 3.5%

4.10 402.0 Mil
Government

United States Treasury Notes 4.5%

3.87 379.8 Mil
Government

United States Treasury Bonds 2.375%

3.50 343.0 Mil
Government

United States Treasury Notes 3.375%

3.45 338.7 Mil
Government

Federal National Mortgage Association 2.5%

2.63 258.5 Mil
Securitized

United States Treasury Notes 4%

2.39 234.2 Mil
Government

Federal National Mortgage Association 2%

2.28 223.6 Mil
Securitized

Federal National Mortgage Association 3%

2.25 221.2 Mil
Securitized