- What does FBIIX invest in?
- This fund typically allocates a minimum of 80% of its investments to securities featured in the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Diversified Index (USD Hedged). This multi-currency benchmark comprises various fixed-rate debt instruments, including government, corporate, and securitized bonds, issued by entities in both developed and emerging economies, explicitly excluding any U.S. dollar-denominated debt. To mirror the performance of this index, the portfolio manager employs statistical sampling, carefully considering attributes such as duration, maturity, interest rate sensitivity, security structure, and creditworthiness. Notably, this portfolio is classified as non-diversified.
- What is the expense ratio of FBIIX?
- Fidelity International Bond Index Fund (FBIIX) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FBIIX's dividend yield?
- FBIIX's trailing-twelve-month yield is 4.92%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FBIIX?
- Effective duration measures FBIIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FBIIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FBIIX?
- FBIIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FBIIX?
- Yield to maturity (YTM) is the total return you'd earn from FBIIX if every bond in the portfolio is held to maturity at the current price. FBIIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
