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Morningstar

Strategic Advisers Core Income FPCIX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 9.10  /  +0.47 %
  • Total Assets 43.6 Bil
  • Adj. Expense Ratio
    0.350%
  • Expense Ratio 0.350%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.23%
  • Effective Duration 5.73 years

USD | NAV as of Jul 27, 2024 | 1-Day Return as of Jul 27, 2024, 12:16 AM GMT+0

Morningstar’s Analysis FPCIX

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

  • People Pillar

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

An incline in its Process Pillar rating is the primary driver of Strategic Advisers Core Income's upgrade to a Morningstar Medalist Rating of Gold from Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FPCIX

More FPCIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 50.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PIMCO Total Return Instl

9.95 4.4 Bil
—

Fidelity SAI Total Bond

9.21 4.1 Bil
—

Western Asset Core Bond I

7.07 3.1 Bil
—

Fidelity SAI US Treasury Bd Idx

4.46 2.0 Bil
—

iShares 7-10 Year Treasury Bond ETF

4.27 1.9 Bil
—

PIMCO Mortgage Opportunities and BdInstl

3.91 1.7 Bil
—

DoubleLine Total Return Bond N

3.32 1.5 Bil
—

Voya Intermediate Bond I

3.02 1.3 Bil
—

American Funds Bond Fund of Amer F2

2.72 1.2 Bil
—

Baird Aggregate Bond Inst

2.31 1.0 Bil
—