- What does FCNVX invest in?
- The fund normally invests at least 80% of assets in U.S. dollar-denominated money market and high quality investment-grade debt securities of all types, and repurchase agreements for those securities. It invests more than 25% of total assets in the financial services industries. The fund normally maintains a dollar-weighted average maturity of 0.75 years or less. It invests in fixed rate securities with a maximum maturity of two years or less and floating rate securities with a maximum maturity of three years or less.
- What is the expense ratio of FCNVX?
- Fidelity Conservative Income Bond (FCNVX) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FCNVX's dividend yield?
- FCNVX's trailing-twelve-month yield is 4.06%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FCNVX?
- Effective duration measures FCNVX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FCNVX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FCNVX?
- FCNVX'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 FCNVX?
- Yield to maturity (YTM) is the total return you'd earn from FCNVX if every bond in the portfolio is held to maturity at the current price. FCNVX'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.
