3 / 5 Stars
4 4 3 4 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#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.
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%|
|3 Years (Annualized)||6.5%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
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 are Above Average compared to funds in the same category.
Fidelity® Corporate Bond Fund has an expense ratio of 0.76 percent.
Risk is Average compared to funds in the same category according to Morningstar.