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Morningstar

Fidelity® Limited Term Bond FJRLX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 10.99  /  0.27 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    0.450%
  • Expense Ratio 0.450%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 1.64%
  • Effective Duration 2.53 years

USD | NAV as of Feb 01, 2023 | 1-Day Return as of Feb 01, 2023, 11:20 PM GMT+00:00

Morningstar’s Analysis FJRLX

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

People Pillar

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

Strong team and a meticulous process make this a compelling short-term offering.

Analyst

Summary

| by Saraja Samant

A seasoned trio of comanagers lead Fidelity Advisor Limited Term Bond’s disciplined approach to investing in short-term bonds while leveraging the firm’s robust resources. The strategy earns a Morningstar Analyst Rating of Silver on its cheapest share class, while its pricier shares range from Bronze to Negative.

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