- What does FNSOX invest in?
- This fund typically allocates a minimum of 80% of its assets to fixed-rate, investment-grade debt securities that are part of the Bloomberg U.S. 1-5 Year Government/Credit Bond Index. This benchmark is market-value weighted and comprises bonds from U.S. Treasury, U.S. government-related, and U.S. corporate sectors, all with maturities between one and five years. Consistent with this index, the fund usually targets a dollar-weighted average maturity of three years or less. Its investments may include debt from both domestic and international entities.
- What is the expense ratio of FNSOX?
- Fidelity Short-Term Bond Index Fund (FNSOX) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FNSOX's dividend yield?
- FNSOX's trailing-twelve-month yield is 3.03%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FNSOX?
- Effective duration measures FNSOX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FNSOX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FNSOX?
- FNSOX'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 FNSOX?
- Yield to maturity (YTM) is the total return you'd earn from FNSOX if every bond in the portfolio is held to maturity at the current price. FNSOX'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.
