Fund code: 5724

  • NAV $9.09 $0.02 / 0.21%
    14-Jun-2024
  • Inception 10-May-2017
  • Benchmark Bloomberg U.S. Aggregate Bond Index
  • Aggregate assets
    (all series)
    $4.502B
    31-May-2024
  • MER 1.37%
    30-Sep-2023
  • Distributions
  • Trailing 12 month yield 3.90%
    31-May-2024
  • Yield To Worst 6.18%
    29-Feb-2024
  • Duration 6.5 years
    30-Apr-2024
  • Morningstar category Multi-Sector Fixed Income
  • Also available through Trust US$ and Trust currency neutral
  • Get Fund Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Calendar returns (%) 31-May-2024

YTD 2024 2023 2022 2021 2020 2019 2018
Fund 1.48 3.93 -5.51 -0.52 5.52 5.93 6.51

Standard period returns (%) 31-May-2024

1 mo 3 mo 6 mo 1 yr 3 yr 5 yr Inception
Fund 0.57 0.30 3.14 2.63 2.01 1.05 1.44

Why invest in this fund?

  • Seeks to deliver attractive total returns by leveraging Fidelity’s top-down asset allocation expertise with bottom-up security selection.
  • The portfolio managers can utilize a variety of tactical tools to drive returns, including asset allocation, sector rotation, security selection, yield curve positioning and foreign currency exposures.
  • Employs a disciplined investment process that seeks to deliver strong risk-adjusted returns while mitigating a range of key fixed-income risks.

Risk measures (%) 31-May-2024

Fund
Annualized standard deviation 5.72
Beta 0.89
0.88

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a low to medium volatility rating

Allocation

Asset mix (%)

30-Apr-2024

Country mix (%)

30-Apr-2024

Credit quality (%)

30-Apr-2024
12 months ago Last month Current month
AAA 47.4 52.6 51.3
AA 0.3 0.3 0.3
A 3.8 4.4 4.4
BBB 18.9 13.2 13.8
BB 14.8 14.2 14.6
B 8.2 9.9 10.2
CCC & Below 1.4 1.7 1.6
Cash & Net Other Assets 3.9 2.3 2.4
Not Rated/Not Available 1.5 1.4 1.5

Top five issuers

  1. U.S. Treasury Notes
  2. United States Treasury Bond
  3. Petroleos Mexicanos
  4. United Mexican States
  5. Bank of Nova Scotia
Total number of issuers 87
Aggregate of top issuers 54.3%
  1. U.S. Treasury Notes
  2. United States Treasury Bond
  3. Government of Japan
  4. Nota do Tesouro Nacional
  5. Banca Intesa Sanpaolo
Total number of issuers 94
Aggregate of top issuers 53.7%
  1. U.S. Treasury Notes
  2. United States Treasury Bond
  3. Banca Intesa Sanpaolo
  4. Government of Japan
  5. Chicago Board of Education
Total number of issuers 96
Aggregate of top issuers 55.1%
  1. U.S. Treasury Notes
  2. United States Treasury Bond
  3. Banca Intesa Sanpaolo
  4. Chicago Board of Education
  5. Petroleos Mexicanos
Total number of issuers 103
Aggregate of top issuers 47.0%
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