- What does FNBGX invest in?
- The fund generally commits a minimum of 80% of its assets to the debt instruments that constitute the Bloomberg U.S. Long Treasury Bond Index. Its portfolio typically features a dollar-weighted average maturity of ten years or more, aligning with the characteristics of its benchmark index. To replicate the returns of the Bloomberg U.S. Long Treasury Bond Index using a more focused selection of securities, the advisor employs sophisticated statistical sampling techniques. These techniques are informed by factors including duration, maturity, sensitivity to interest rate changes, the underlying structure of the bonds, and their credit quality.
- What is the expense ratio of FNBGX?
- Fidelity Long-Term Treasury Bond Index Fund (FNBGX) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FNBGX's dividend yield?
- FNBGX's trailing-twelve-month yield is 4.18%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FNBGX?
- Effective duration measures FNBGX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FNBGX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FNBGX?
- FNBGX'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 FNBGX?
- Yield to maturity (YTM) is the total return you'd earn from FNBGX if every bond in the portfolio is held to maturity at the current price. FNBGX'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.
