Morningstar

Fidelity Corporate Bond Fund FCBFX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $10.19  /  −0.29 %
  • Fund Size $1.8B
  • Adjusted Expense Ratio 0.450%
  • Net Expense Ratio 0.450%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category Corporate Bond
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 4.57%
  • Average Effective Duration 6.43 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FCBFX

Will FCBFX 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 FCBFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FCBFX 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 FCBFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Reasons for optimism.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

The established fundamental credit research capabilities backing Fidelity Corporate Bond, which includes a mutual fund and exchange-traded fund, inspire confidence, but the strategy still has more to prove.

by Max Curtin
Rated on Published on

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Portfolio Holdings FCBFX

More FCBFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bonds 5%

2.23 43M
Government

Fidelity Cash Central Fund

1.20 23M
Cash and Equivalents

Cash

0.89 17M
Cash and Equivalents

JPMorgan Chase & Co. 5.717%

0.62 12M
Corporate

Morgan Stanley 5.32%

0.62 12M
Corporate

Wells Fargo & Co. 5.499%

0.60 11M
Corporate

Omega Healthcare Investors, Inc. 3.375%

0.55 10M
Corporate

Mexico (United Mexican States) 6.25%

0.54 10M
Government

Bank of America Corp. 5.468%

0.53 10M
Corporate

Ares Strategic Income Fund 5.55%

0.52 10M
Corporate

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