- What does FSHBX invest in?
- The fund customarily allocates a minimum of 80% of its capital to investment-grade debt instruments (classified as medium to high quality) and related repurchase agreements. Its portfolio managers strive to align the fund's overall interest rate risk exposure with that of the Bloomberg Barclays U.S. 1-3 Year Government/Credit Bond Index. Typically, the fund maintains a dollar-weighted average maturity of no more than three years. The portfolio diversifies its holdings across various market sectors and maturity horizons. Investments are made in securities issued by both domestic and international entities.
- What is the expense ratio of FSHBX?
- Fidelity Short Term Bond Fund (FSHBX) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FSHBX's dividend yield?
- FSHBX's trailing-twelve-month yield is 4.42%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FSHBX?
- Effective duration measures FSHBX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FSHBX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FSHBX?
- FSHBX'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 FSHBX?
- Yield to maturity (YTM) is the total return you'd earn from FSHBX if every bond in the portfolio is held to maturity at the current price. FSHBX'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.
