# Fidelity Short Term Bond Fund (FSHBX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fshbx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Bond - Strategy: Actively Managed · Inception: 1986-09-15 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 internat... ## Key Facts | Metric | Value | |---|---| | Price | $8.36 | | Expense Ratio | 0.30% | | Assets Under Management | $2.96B | | NAV | $8.36 | | Holdings Count | — | | Distribution Yield (TTM) | 4.46% | | Annual Distribution (TTM) | $0.37 /share | | Distribution Frequency | Monthly | | 52-Week Range | $8.32 – $8.54 | | Beta | 0.24 | ## Latest Distribution - Amount: $0.0275 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-01 ## Frequently Asked Questions ### 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 4.46%, 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. ### Does FSHBX pay a dividend? Yes, Fidelity Short Term Bond Fund (FSHBX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.46%. Full dividend history is on this page. ### How often does FSHBX pay dividends? Fidelity Short Term Bond Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FSHBX's next ex-dividend date? The most recently announced ex-dividend date for FSHBX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will FSHBX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.30% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FSHBX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FSHBX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FSHBX cost more than a fund like VOO? FSHBX is actively managed (current expense ratio 0.30%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FSHBX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FSHBX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FSHBX (0.30%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fshbx - Distribution history: https://www.dividenddata.com/funds/fshbx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fshbx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fshbx/expenses - Peer comparison: https://www.dividenddata.com/funds/fshbx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.