We have qualitatively reviewed this strategy and reaffirmed its Above Average Process and People ratings. The following text is from Aug. 18, 2022. Fidelity Conservative Income Bond’s cautious emphasis on very short-term corporate debt benefits from experienced leadership, deep supporting resources, and meticulous risk management.
Fidelity Conservative Income Bond FCNVX
- NAV / 1-Day Return 10.06 / +0.01 %
- Total Assets 6.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.250%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 5.13%
- Effective Duration 0.35 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:15 PM GMT+0
Morningstar’s Analysis FCNVX
Will FCNVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Fidelity Cash Central Fund | 14.26 | 921.1 Mil | Cash and Equivalents |
United States Treasury Bills 0% | 4.01 | 258.7 Mil | Government |
United States Treasury Notes 3% | 4.01 | 258.6 Mil | Government |
United States Treasury Notes 4.125% | 3.87 | 250.0 Mil | Government |
United States Treasury Notes 4.75% | 1.33 | 86.1 Mil | Government |
Credit Suisse AG New York Branch 5.75168% | 0.77 | 50.0 Mil | Cash and Equivalents |
UBS AG, London Branch 5.72101% | 0.57 | 36.7 Mil | Cash and Equivalents |
The Toronto-Dominion Bank 5.7108% | 0.51 | 32.8 Mil | Corporate |
Athene Global Funding 6.0582% | 0.50 | 32.0 Mil | Corporate |
Siemens Financieringsmaatschappij N.V. 5.77959% | 0.50 | 32.0 Mil | Cash and Equivalents |