Fidelity® Conservative Income Bond Fund

U.S. News evaluated 55 Ultrashort 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 0.58 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.1%
1 Year 0.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to obtain a high level of current income consistent with preservation of capital. The fund normally invests at least 80% of assets in U.S. dollar-denominated money market and high quality investment-grade debt securities of all types, and repurchase agreements for those securities. It invests more than 25% of total assets in the financial services industries. The fund normally maintains a dollar-weighted average maturity of 0.75 years or less. It invests in fixed rate securities with a maximum maturity of two years or less and floating rate securities with a maximum maturity of three years or less.

Fees

Fees are Low compared to funds in the same category.
Fidelity® Conservative Income Bond Fund has an expense ratio of 0.30 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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