Morningstar

Fidelity Absolute Income Fund - B

Morningstar Medalist Rating
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Medalist Rating as of
  • NAV / 1-Day Return CA$9.57  /  −0.41 %
  • Fund Size CA$847.4M
  • Adjusted Expense Ratio —
  • Net Expense Ratio —
  • Fee Level: Distribution High
  • Share Class Type —
  • Morningstar Category Multi-Sector Fixed Income
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment CA$500
  • Investment Status Open
  • TTM Yield 4.99%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis

Will Fidelity Absolute Income Fund - B outperform in the 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 Fidelity Absolute Income Fund - B’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the Fidelity Absolute Income Fund - B 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 Fidelity Absolute Income Fund - B’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Fidelity Absolute Income B holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings

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

Cad 8/4/2026 Forward Cc

101.09 796M
Derivative

Usd Spot Cc

100.55 791M
Derivative

Cad 7/2/2026 Forward Cc

100.14 788M
Derivative

Us 5yr Note (Cbt) Sep26 Fvu6

3.62 29M
Government

Federal National Mortgage Association 0.025%

1.40 11M
Securitized

Federal National Mortgage Association 0.055%

1.14 9M
Securitized

United States Treasury Bills 0%

1.07 8M
Government

Us Mm Invst Tr Ser O

0.71 6M
Cash and Equivalents

Usd For Otc Swap Collater

0.68 5M
Cash and Equivalents

Dominican Republic 0.0705%

0.61 5M
Government

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