- What does FCBFX invest in?
- The Fidelity Corporate Bond Fund primarily focuses on high-quality corporate debt. A significant portion, typically at least 80% of its total assets, is allocated to investment-grade corporate bonds, other forms of company debt, and repurchase agreements backed by these securities. The fund's manager actively works to ensure its overall sensitivity to interest rate changes mirrors that of the Bloomberg U.S. Credit Bond Index. This fund holds investments in corporate debt issued by both domestic (U.S.) and foreign entities.
- What is the expense ratio of FCBFX?
- Fidelity Corporate Bond Fund (FCBFX) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FCBFX's dividend yield?
- FCBFX's trailing-twelve-month yield is 4.66%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FCBFX?
- Effective duration measures FCBFX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FCBFX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FCBFX?
- FCBFX'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 FCBFX?
- Yield to maturity (YTM) is the total return you'd earn from FCBFX if every bond in the portfolio is held to maturity at the current price. FCBFX'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.
