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Trending ETFs

Fidelity Investment Grade Bond Fund

mutual fund
FGBPX
Payout Change
Pending
Price as of:
$7.39 -0.02 -0.27%
primary theme
U.S. Intermediate-Term Bond Duration
FGBPX (Mutual Fund)

Fidelity Investment Grade Bond Fund

Payout Change
Pending
Price as of:
$7.39 -0.02 -0.27%
primary theme
U.S. Intermediate-Term Bond Duration
FGBPX (Mutual Fund)

Fidelity Investment Grade Bond Fund

Payout Change
Pending
Price as of:
$7.39 -0.02 -0.27%
primary theme
U.S. Intermediate-Term Bond Duration

Name

As of 10/02/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.39

$8.89 B

3.74%

$0.28

0.50%

Vitals

YTD Return

5.1%

1 yr return

13.6%

3 Yr Avg Return

-1.3%

5 Yr Avg Return

1.0%

Net Assets

$8.89 B

Holdings in Top 10

46.2%

52 WEEK LOW AND HIGH

$7.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/02/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$7.39

$8.89 B

3.74%

$0.28

0.50%

FGBPX - Profile

Distributions

  • YTD Total Return 5.1%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.50%
DIVIDENDS
  • Dividend Yield 3.7%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Investment Grade Bond Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Aug 27, 2002
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Moore

Fund Description

Normally investing at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities.Managing the fund to have similar overall interest rate risk to the Bloomberg U.S. Aggregate Bond Index.Allocating assets across different market sectors and maturities.Investing in domestic and foreign issuers.Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.Investing in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.Investing in Fidelity's Central funds (specialized investment vehicles used by Fidelity® funds to invest in particular security types or investment disciplines) consistent with the asset classes discussed above.
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FGBPX - Performance

Return Ranking - Trailing

Period FGBPX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -2.4% 12.8% 45.61%
1 Yr 13.6% -5.4% 26.6% 45.82%
3 Yr -1.3%* -10.0% 28.9% 30.74%
5 Yr 1.0%* -7.0% 59.3% 26.08%
10 Yr 2.2%* -2.4% 74.3% 19.87%

* Annualized

Return Ranking - Calendar

Period FGBPX Return Category Return Low Category Return High Rank in Category (%)
2023 2.7% -16.2% 8.1% 23.37%
2022 -15.6% -34.7% 131.9% 39.67%
2021 -2.4% -11.6% 4.4% 13.96%
2020 4.9% -10.1% 946.1% 34.16%
2019 6.6% -1.7% 16.9% 15.75%

Total Return Ranking - Trailing

Period FGBPX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -2.4% 12.8% 45.61%
1 Yr 13.6% -5.4% 26.6% 45.82%
3 Yr -1.3%* -10.0% 28.9% 30.74%
5 Yr 1.0%* -7.0% 59.3% 26.08%
10 Yr 2.2%* -2.4% 74.3% 19.87%

* Annualized

Total Return Ranking - Calendar

Period FGBPX Return Category Return Low Category Return High Rank in Category (%)
2023 6.4% -11.3% 11.9% 36.73%
2022 -13.6% -32.2% 131.9% 51.57%
2021 -0.8% -9.4% 9.2% 43.08%
2020 10.2% -1.9% 1009.0% 15.56%
2019 9.9% 1.1% 21668.0% 20.92%

NAV & Total Return History


FGBPX - Holdings

Concentration Analysis

FGBPX Category Low Category High FGBPX % Rank
Net Assets 8.89 B 2.9 M 314 B 18.78%
Number of Holdings 3988 1 17787 8.55%
Net Assets in Top 10 4.53 B 1.62 M 36.1 B 11.50%
Weighting of Top 10 46.15% 4.4% 432.9% 13.89%

Top 10 Holdings

  1. UST NOTES 4.25% 02/28/2031 9.66%
  2. Fidelity Cash Central Fund 8.91%
  3. UST NOTES 3.5% 02/15/2033 4.01%
  4. UMBS 30YR 2% 06/01/2054 #TBA 4.00%
  5. UST NOTES 4.5% 11/15/2033 3.79%
  6. UMBS 30YR 2.5% 06/01/2054 #TBA 3.75%
  7. UST NOTES 3.375% 05/15/2033 3.38%
  8. UNITED STATES TREASURY BOND 2.375% 05/15/2051 3.34%
  9. UMBS 30YR 2% 07/01/2054 #TBA 2.71%
  10. UMBS 30YR 3% 06/01/2054 #TBA 2.61%

Asset Allocation

Weighting Return Low Return High FGBPX % Rank
Bonds
99.94% 0.00% 993.61% 24.77%
Cash
8.91% -54.51% 237.69% 17.19%
Convertible Bonds
2.02% 0.00% 7.93% 29.30%
Stocks
1.45% 0.00% 99.99% 8.12%
Preferred Stocks
0.19% 0.00% 71.02% 15.16%
Other
0.03% -16.55% 52.94% 80.26%

Stock Sector Breakdown

Weighting Return Low Return High FGBPX % Rank
Utilities
0.00% 0.00% 100.00% 54.02%
Technology
0.00% 0.00% 43.45% 40.51%
Real Estate
0.00% 0.00% 99.26% 43.09%
Industrials
0.00% 0.00% 48.31% 47.59%
Healthcare
0.00% 0.00% 17.70% 46.95%
Financial Services
0.00% 0.00% 100.00% 57.88%
Energy
0.00% 0.00% 100.00% 5.47%
Communication Services
0.00% 0.00% 100.00% 56.27%
Consumer Defense
0.00% 0.00% 99.67% 43.41%
Consumer Cyclical
0.00% 0.00% 100.00% 48.87%
Basic Materials
0.00% 0.00% 100.00% 46.62%

Stock Geographic Breakdown

Weighting Return Low Return High FGBPX % Rank
US
1.45% 0.00% 99.99% 8.14%
Non US
0.00% 0.00% 86.16% 7.43%

Bond Sector Breakdown

Weighting Return Low Return High FGBPX % Rank
Corporate
35.91% 0.00% 100.00% 31.86%
Government
34.16% 0.00% 86.23% 29.71%
Securitized
27.75% 0.00% 98.40% 55.64%
Cash & Equivalents
8.91% -0.46% 237.69% 17.80%
Municipal
0.36% 0.00% 100.00% 50.72%
Derivative
0.03% -1.41% 44.82% 47.81%

Bond Geographic Breakdown

Weighting Return Low Return High FGBPX % Rank
US
99.94% 0.00% 993.61% 21.87%
Non US
0.00% 0.00% 35.41% 39.27%

FGBPX - Expenses

Operational Fees

FGBPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.01% 39.64% 71.68%
Management Fee 0.28% 0.00% 1.76% 21.69%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FGBPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FGBPX 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.

FGBPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 2.00% 493.39% 12.65%

FGBPX - Distributions

Dividend Yield Analysis

FGBPX Category Low Category High FGBPX % Rank
Dividend Yield 3.74% 0.00% 10.11% 54.62%

Dividend Distribution Analysis

FGBPX Category Low Category High Category Mod
Dividend Distribution Frequency None SemiAnnual Monthly Monthly

Net Income Ratio Analysis

FGBPX Category Low Category High FGBPX % Rank
Net Income Ratio 1.50% -1.28% 4.79% 63.45%

Capital Gain Distribution Analysis

FGBPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Distributions History

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FGBPX - Fund Manager Analysis

Managers

Jeffrey Moore


Start Date

Tenure

Tenure Rank

Dec 01, 2004

17.51

17.5%

Jeffrey Moore is a portfolio manager at FMRCo. In this role he manages portfolios across retail and institutional assets, including Fidelity and Fidelity Advisor funds. Mr. Moore was previously a fixed income analyst assigned to several sectors, including sovereign debt, energy, REITs, and Yankee banks. Mr. Moore joined Fidelity in 1995 and has been in the investments industry since 1990. Mr. Moore earned his bachelor of arts degree in economics from the University of Western Ontario and his master’s degree in economics from the University of Waterloo. He is a CFA charterholder.

Michael Plage


Start Date

Tenure

Tenure Rank

Oct 18, 2016

5.62

5.6%

Since joining Fidelity Investments in 2005, Mr. Plage has worked as a trader and portfolio manager. Michael Plage is a portfolio manager in the Fixed Income division at FMRCo. In this role, Mr. Plage manages institutional and retail Fixed Income portfolios within Core, Core Plus, and Tactical Bond strategies. Mr. Plage joined Fidelity in 2005, and has been in the investments industry since 1997. Mr. Plage earned his bachelor of science degree from the University of South Carolina and his master of business administration degree from the University of Connecticut. He is also a Chartered Financ

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.79 1.16