- What does FUTBX invest in?
- This fund primarily allocates its capital, with a minimum of 80%, to fixed-income instruments that are part of the Bloomberg U.S. Treasury Index. Its portfolio maintains a dollar-weighted average maturity that is consistently one year or longer. To closely mirror the performance of the Bloomberg U.S. Treasury Index, the investment adviser employs sophisticated statistical sampling. This approach involves analyzing various factors including duration, maturity, interest rate sensitivity, security structure, and credit quality, allowing them to achieve similar returns with a more focused selection of underlying securities.
- What is the expense ratio of FUTBX?
- Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FUTBX's dividend yield?
- FUTBX's trailing-twelve-month yield is 2.92%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FUTBX?
- Effective duration measures FUTBX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FUTBX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FUTBX?
- FUTBX'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 FUTBX?
- Yield to maturity (YTM) is the total return you'd earn from FUTBX if every bond in the portfolio is held to maturity at the current price. FUTBX'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.
