- What does FUMBX invest in?
- This fund typically allocates a minimum of 80% of its assets to the constituent securities of the Bloomberg Barclays U.S. 1-5 Year Treasury Bond Index. It aims to sustain a dollar-weighted average maturity of three years or less, mirroring the benchmark's characteristics. To emulate the index's performance, the advisor employs sophisticated statistical sampling methodologies, evaluating factors such as duration, maturity, interest rate sensitivity, security structure, and credit quality, while utilizing a streamlined selection of holdings rather than holding every security in the index.
- What is the expense ratio of FUMBX?
- Fidelity Short-Term Treasury Bond Index Fund (FUMBX) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FUMBX's dividend yield?
- FUMBX'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 FUMBX?
- Effective duration measures FUMBX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FUMBX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FUMBX?
- FUMBX'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 FUMBX?
- Yield to maturity (YTM) is the total return you'd earn from FUMBX if every bond in the portfolio is held to maturity at the current price. FUMBX'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.
