Fidelity® Corporate Bond Fund

Scorecard
3 / 5 Stars
Lipper
4 4 3 4 5
Zacks Investment Research
2 (Buy)
Standard & Poor's
3 / 5 Stars
TheStreet.com
C (Hold)

#15 in Corporate Bond

U.S. News evaluated 47 Corporate Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 1.38 percent over the past year, and 6.47 percent over the past three years.

Trailing Returns Updated 02.28.2014
Year to date 3.2%
1 Year 1.4%
3 Years (Annualized) 6.5%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks a high level of current income. The fund normally invests at least 80% of assets in investment-grade corporate bonds and other corporate debt securities and repurchase agreements for those securities. The fund manager manages the fund to have similar overall interest rate risk to the Barclays® U.S. Credit Bond Index. It invests in domestic and foreign issuers. The fund invests in lower-quality debt securities.

Fees

Fees are Above Average compared to funds in the same category.
Fidelity® Corporate Bond Fund has an expense ratio of 0.76 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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