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Fidelity Conservative Income Bond FCNVX

Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.05  /  +0.01 %
  • Total Assets 6.1 Bil
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.250%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment
  • Status Open
  • TTM Yield 5.21%
  • Effective Duration 0.38 years

USD | NAV as of May 24, 2024 | 1-Day Return as of May 24, 2024, 10:12 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.

An enhanced cash offering with a corporate bias.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

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.

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Portfolio Holdings FCNVX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 5.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

12.60 810.1 Mil
Cash and Equivalents

United States Treasury Bills 0%

6.00 385.9 Mil
Government

United States Treasury Notes 3%

4.03 259.4 Mil
Cash and Equivalents

United States Treasury Notes 4.125%

3.88 249.4 Mil
Government

United States Treasury Notes 4.75%

1.33 85.6 Mil
Government

Athene Global Funding 6.034%

0.50 32.0 Mil
Cash and Equivalents

Athene Global Funding 6.03371%

0.49 31.5 Mil
Corporate

Goldman Sachs Group, Inc. 5.7%

0.47 30.0 Mil
Corporate

Pacific Life Global Funding II 5.72807%

0.47 30.0 Mil
Cash and Equivalents

Bank of Nova Scotia 5.79307%

0.46 29.4 Mil
Corporate