Morningstar

Fidelity Short-Term Bond Fund FSHBX

Morningstar Medalist Rating
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Medalist Rating as of See Fidelity Investment Hub
  • NAV / 1-Day Return $8.35  /  −0.12 %
  • Fund Size $3.0B
  • Adjusted Expense Ratio 0.300%
  • Net Expense Ratio 0.300%
  • Fee Level: Distribution Low
  • Share Class Type No Load
  • Morningstar Category Short-Term Bond
  • Fixed-Income Style Box (Funds) High/Limited
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 4.15%
  • Average Effective Duration 1.86 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis FSHBX

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

  • People Pillar

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

A dim but steady light in volatile markets.

Analyst Saraja Samant

Saraja Samant

Analyst

Summary

Fidelity Advisor Short Term Bond is a trusted option for downside protection, but its cautious approach has hindered the fund’s competitiveness over the long run, leading to a Process Pillar rating downgrade to Average from Above Average.

by Saraja Samant
Rated on Published on

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Portfolio Holdings FSHBX

More FSHBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 47.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.875%

11.30 344M
Government

United States Treasury Notes 4.25%

9.76 297M
Government

United States Treasury Notes 3.5%

6.03 183M
Government

United States Treasury Notes 4.625%

5.28 161M
Government

United States Treasury Notes 3.5%

5.08 155M
Government

United States Treasury Notes 3.375%

4.60 140M
Government

USTN 4.75% 09/30/28

4.11 125M
Government

Fidelity Cash Central Fund

1.74 53M
Cash and Equivalents

Bank of America Corp. 4.271%

0.42 13M
Corporate

Citigroup Inc. 5.174%

0.37 11M
Corporate

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