3 / 5 Stars
5 5 3 3 4
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#10 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 0.90 percent over the past year, and 6.41 percent over the past three years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||2.1%|
|3 Years (Annualized)||6.4%|
|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 has an expense ratio of 0.76 percent.
Risk is Average compared to funds in the same category according to Morningstar.