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Trending ETFs

Fidelity® Corporate Bond Fund

mutual fund
FCBIX
Dividend policy
Active
Price as of:
$12.38 -0.04 0%
primary theme
Corporate Bond
FCBIX (Mutual Fund)

Fidelity® Corporate Bond Fund

Dividend policy
Active
Price as of:
$12.38 -0.04 0%
primary theme
Corporate Bond
FCBIX (Mutual Fund)
Fidelity® Corporate Bond Fund
Dividend policy
Active
Price as of:
$12.38 -0.04 0%
primary theme
Corporate Bond

FCBIX - Snapshot

Vitals

  • YTD Return -4.7%
  • 3 Yr Annualized Return 7.1%
  • 5 Yr Annualized Return 6.4%
  • Net Assets $3.56 B
  • Holdings in Top 10 11.1%

52 WEEK LOW AND HIGH

$12.42
$10.82
$13.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.50%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $500

Fund Classification

  • Primary Theme Corporate Bond
  • Fund Type Open End Mutual Fund
  • Investment Style Corporate Bond

Compare FCBIX to Popular Corporate Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$31.14

-0.45%

$45.10 B

2.56%

$0.80

blocked
blocked
blocked

-3.62%

0.05%

$10.13

-0.30%

$36.79 B

2.50%

$0.25

blocked
blocked
blocked

-3.25%

0.20%

$10.80

-0.19%

$19.57 B

3.43%

$0.37

blocked
blocked
blocked

-4.34%

0.85%

$15.02

-0.33%

$6.21 B

2.62%

$0.40

blocked
blocked
blocked

-4.76%

0.79%

$12.38

-0.32%

$3.56 B

2.54%

$0.32

blocked
blocked
blocked

-4.70%

0.50%

Compare FCBIX to Popular Corporate Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$129.76

-0.13%

$45.48 B

2.71%

$3.52

blocked
blocked
blocked

-6.06%

0.14%

$93.40

-0.28%

$45.10 B

2.57%

$2.40

blocked
blocked
blocked

-3.85%

0.05%

$59.48

-0.19%

$11.04 B

2.70%

$1.61

blocked
blocked
blocked

-3.74%

0.06%

$36.31

-0.14%

$5.98 B

2.07%

$0.75

blocked
blocked
blocked

-2.34%

0.07%

$59.06

-0.05%

$5.92 B

2.84%

$1.68

blocked
blocked
blocked

-4.70%

0.06%

FCBIX - Profile

Distributions

  • YTD Total Return -4.7%
  • 3 Yr Annualized Total Return 7.1%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.80%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Fidelity® Corporate Bond Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    May 04, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Prothro

Fund Description

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 Bloomberg Barclays U.S. Credit Bond Index. It invests in domestic and foreign issuers.


FCBIX - Performance

Return Ranking - Trailing

Period FCBIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.7% -9.1% 6.2% 59.38%
1 Yr 3.4% -2.8% 17.6% 61.01%
3 Yr 7.1%* 0.3% 9.5% 36.59%
5 Yr 6.4%* 2.8% 14.2% 31.84%
10 Yr 5.5%* 2.4% 7.8% 30.30%

* Annualized

Return Ranking - Calendar

Period FCBIX Return Category Return Low Category Return High Rank in Category (%)
2020 7.0% -13.0% 10.6% 23.00%
2019 10.7% -3.9% 19.2% 31.25%
2018 -6.0% -52.7% -2.0% 35.71%
2017 3.5% -3.5% 9.5% 16.88%
2016 3.1% -0.7% 35.8% 44.93%

Total Return Ranking - Trailing

Period FCBIX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.7% -9.1% 6.2% 59.38%
1 Yr 3.4% -3.0% 17.6% 50.46%
3 Yr 7.1%* 0.3% 9.5% 33.66%
5 Yr 6.4%* 2.6% 14.2% 28.49%
10 Yr 5.5%* 2.4% 7.8% 26.52%

* Annualized

Total Return Ranking - Calendar

Period FCBIX Return Category Return Low Category Return High Rank in Category (%)
2020 7.0% -13.0% 10.6% 23.00%
2019 10.7% -3.9% 19.2% 31.40%
2018 -6.0% -14.6% 92.1% 52.55%
2017 3.5% -3.5% 9.5% 36.88%
2016 3.1% -0.7% 35.8% 53.62%

NAV & Total Return History


FCBIX - Holdings

Concentration Analysis

FCBIX Category Low Category High FCBIX % Rank
Net Assets 3.56 B 7.73 M 45.5 B 12.89%
Number of Holdings 589 3 7837 37.17%
Net Assets in Top 10 401 M -28.7 M 3.71 B 9.29%
Weighting of Top 10 11.12% 1.7% 100.0% 70.80%

Top 10 Holdings

  1. Fidelity Revere Str Tr 3.86%
  2. United States Treasury Bonds 2% 2.62%
  3. HSBC Holdings plc 2.36% 0.70%
  4. CVS Health Corp 4.3% 0.67%
  5. Quest Diagnostics Incorporated 2.95% 0.61%
  6. WELLTOWER INC 2.7% 0.60%
  7. AT&T Inc 4.5% 0.58%
  8. Bank of America Corporation 3.19% 0.57%
  9. AstraZeneca Plc 1.38% 0.56%
  10. National Securities Clearing Corporation 1.2% 0.56%

Asset Allocation

Weighting Return Low Return High FCBIX % Rank
Bonds
89.98% 15.72% 128.75% 80.97%
Convertible Bonds
5.23% 0.00% 79.15% 16.37%
Cash
4.79% -39.96% 21.14% 18.58%
Stocks
0.00% -0.02% 3.51% 58.85%
Preferred Stocks
0.00% 0.00% 6.83% 69.91%
Other
0.00% -38.66% 5.49% 54.87%

Bond Sector Breakdown

Weighting Return Low Return High FCBIX % Rank
Corporate
91.48% 44.07% 100.00% 39.82%
Cash & Equivalents
4.79% 0.00% 22.64% 23.45%
Government
3.18% 0.00% 34.58% 62.39%
Securitized
0.34% 0.00% 19.76% 50.44%
Municipal
0.21% 0.00% 4.86% 31.86%
Derivative
0.00% 0.00% 25.44% 60.62%

Bond Geographic Breakdown

Weighting Return Low Return High FCBIX % Rank
US
71.56% 11.21% 125.21% 87.17%
Non US
18.42% 0.00% 41.18% 30.53%

FCBIX - Expenses

Operational Fees

FCBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.03% 8.55% 72.04%
Management Fee 0.35% 0.00% 1.35% 34.96%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

FCBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FCBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FCBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 31.00% 0.00% 241.00% 20.83%

FCBIX - Distributions

Dividend Yield Analysis

FCBIX Category Low Category High FCBIX % Rank
Dividend Yield 0.00% 0.00% 2.71% 57.52%

Dividend Distribution Analysis

FCBIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

FCBIX Category Low Category High FCBIX % Rank
Net Income Ratio 2.80% -1.57% 8.62% 55.25%

Capital Gain Distribution Analysis

FCBIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

Dividend Payout History

View More +

FCBIX - Fund Manager Analysis

Managers

David Prothro


Start Date

Tenure

Tenure Rank

May 04, 2010

10.83

10.8%

David Prothro is a portfolio manager in the Fixed Income division at Fidelity Investments. In this role, Mr. Prothro co-manages Fidelity and Advisor Corporate Bond Fund, Fidelity and Advisor Limited Term Bond Fund, Fidelity Corporate Bond ETF, Fidelity Limited Term Bond ETF, and various institutional portfolios for U.S. and non-U.S. investors. Mr. Prothro earned his bachelor of science degree in economics from Wake Forest University and his master of business administration degree in finance from the University of Texas at Austin. He is also a CFA® charterholder.

Matthew Bartlett


Start Date

Tenure

Tenure Rank

Oct 18, 2016

4.37

4.4%

Matt Bartlett is a portfolio manager in the Fixed Income division at Fidelity Investments. In this role, Mr. Bartlett is a member of the bond division's Credit/Liability Driven Investments Team. Additionally, he manages Fidelity Corporate Bond ETF, Fidelity Series Corporate Bond Fund, Fidelity and Fidelity Advisor Corporate Bond, Global Credit, and Short Duration High Income Funds. Mr. Bartlett earned his bachelor of business administration degree in finance from James Madison University and his master of business administration degree in finance from Loyola University.

Benjamin Tarlow


Start Date

Tenure

Tenure Rank

Oct 30, 2019

1.33

1.3%

Dr. Ben Tarlow is a portfolio manager in the Fixed Income division at Fidelity Investments. In this role, Dr. Tarlow is responsible for long duration, long credit, and custom Liability Driven Investing (LDI) portfolios and oversees the portfolio quantitative risk and drives the team's pension asset/liability risk modeling. Dr. Tarlow earned his bachelor of science degree in quantitative economics from Tufts University, his master of science degree in econometrics from the London School of Economics and Political Science, and his doctorate degree in economics from Columbia University.

Jay Small


Start Date

Tenure

Tenure Rank

Oct 30, 2020

0.33

0.3%

Prior to joining Fidelity Investments in 2010 as a corporate bond trader, Mr. Small worked as a corporate bond trader at 40/86 Advisors (formerly known as Conseco Capital Management, Inc.) from 2007 to 2010.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 23.51 5.76 1.16