Fidelity Investment Grade Bond is supported by experienced managers, robust quant resources, and a sizable cohort of research analysts. The strategy’s cheapest shares earn a Morningstar Analyst Rating of Bronze, while its more-expensive shares range from Neutral to Negative.
Fidelity® Investment Grade Bond FBNDX
NAV / 1-Day Return
8.50
/
0.11
%
Total Assets
10.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.450%
Expense Ratio
0.450%
Fee Level
Below Average
Longest Manager Tenure
16.79
years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
0
Status
Open
TTM Yield
1.45%
Effective Duration
6.50
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FBNDX 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 FBNDX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FBNDX 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 FBNDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A worthy core-bond strategy willing to make sector calls.
