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Trending ETFs

Fidelity Sustainability Bond Index Fund

mutual fund
FNDSX
Payout Change
Pending
Price as of:
$9.36 +0.0 +0.0%
primary theme
U.S. Intermediate-Term Bond Duration
share class
FNDSX (Mutual Fund)

Fidelity Sustainability Bond Index Fund

Payout Change
Pending
Price as of:
$9.36 +0.0 +0.0%
primary theme
U.S. Intermediate-Term Bond Duration
share class
FNDSX (Mutual Fund)

Fidelity Sustainability Bond Index Fund

Payout Change
Pending
Price as of:
$9.36 +0.0 +0.0%
primary theme
U.S. Intermediate-Term Bond Duration
share class

Name

As of 10/11/2024

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

$9.36

$367 M

3.48%

$0.33

0.10%

Vitals

YTD Return

3.1%

1 yr return

9.9%

3 Yr Avg Return

-1.9%

5 Yr Avg Return

0.0%

Net Assets

$367 M

Holdings in Top 10

8.7%

52 WEEK LOW AND HIGH

$9.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.10%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 97.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/11/2024

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

$9.36

$367 M

3.48%

$0.33

0.10%

FNDSX - Profile

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return -1.9%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.32%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Sustainability Bond Index Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Jun 29, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brandon Bettencourt

Fund Description

Normally investing at least 80% of assets in bonds included in the Bloomberg MSCI U.S. Aggregate ESG Choice Bond Index, which is composed of U.S. dollar denominated, investment-grade fixed-rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities, and follows the rules of the Bloomberg U.S. Aggregate Bond Index. MSCI ESG Research applies additional sector and environmental, social, and governance (ESG) criteria for security eligibility in the Bloomberg MSCI U.S. Aggregate ESG Choice Bond Index.Using statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the Bloomberg MSCI U.S. Aggregate ESG Choice Bond Index using a smaller number of securities.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.
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FNDSX - Performance

Return Ranking - Trailing

Period FNDSX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -48.4% 11.2% 69.80%
1 Yr 9.9% -44.6% 21.8% 81.63%
3 Yr -1.9%* -22.0% 28.3% 48.57%
5 Yr 0.0%* -12.9% 59.0% 66.63%
10 Yr N/A* -5.3% 74.0% N/A

* Annualized

Return Ranking - Calendar

Period FNDSX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -16.2% 8.1% 33.13%
2022 -14.6% -34.7% 131.9% 14.90%
2021 -3.3% -11.6% 4.4% 47.92%
2020 5.0% -10.1% 946.1% 29.48%
2019 4.9% -1.7% 16.9% 71.04%

Total Return Ranking - Trailing

Period FNDSX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -48.4% 11.2% 69.80%
1 Yr 9.9% -44.6% 21.8% 81.63%
3 Yr -1.9%* -22.0% 28.3% 48.57%
5 Yr 0.0%* -12.9% 59.0% 66.63%
10 Yr N/A* -5.3% 74.0% N/A

* Annualized

Total Return Ranking - Calendar

Period FNDSX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% -11.3% 11.9% 74.05%
2022 -13.0% -32.2% 131.9% 27.81%
2021 -1.9% -9.4% 9.2% 82.57%
2020 7.7% -1.9% 1009.0% 64.06%
2019 8.6% 1.1% 21668.0% 58.75%

NAV & Total Return History


FNDSX - Holdings

Concentration Analysis

FNDSX Category Low Category High FNDSX % Rank
Net Assets 367 M 2.9 M 314 B 71.73%
Number of Holdings 2316 1 17787 16.56%
Net Assets in Top 10 35.1 M 1.62 M 36.1 B 84.97%
Weighting of Top 10 8.71% 4.4% 432.9% 96.20%

Top 10 Holdings

  1. Fidelity Cash Central Fund 1.22%
  2. UNITED STATES TREASURY BOND 4.25% 02/15/2054 1.17%
  3. UST NOTES 4.625% 11/15/2026 1.14%
  4. UST NOTES 4.25% 03/15/2027 0.91%
  5. UST NOTES 3.875% 01/15/2026 0.84%
  6. UNITED STATES TREASURY BOND 4.5% 02/15/2044 0.74%
  7. UST NOTES 4.25% 02/28/2031 0.72%
  8. UST NOTES 4.625% 09/15/2026 0.66%
  9. UST NOTES 4.625% 03/15/2026 0.66%
  10. UST NOTES 4% 10/31/2029 0.66%

Asset Allocation

Weighting Return Low Return High FNDSX % Rank
Bonds
99.52% 0.00% 993.61% 25.71%
Convertible Bonds
1.77% 0.00% 7.93% 38.41%
Cash
1.22% -54.51% 237.69% 68.81%
Stocks
0.00% 0.00% 99.99% 50.92%
Preferred Stocks
0.00% 0.00% 71.02% 43.76%
Other
0.00% -16.55% 52.94% 84.87%

Bond Sector Breakdown

Weighting Return Low Return High FNDSX % Rank
Government
45.06% 0.00% 86.23% 6.28%
Securitized
28.43% 0.00% 98.40% 53.86%
Corporate
26.09% 0.00% 100.00% 65.40%
Cash & Equivalents
1.22% -0.46% 237.69% 65.03%
Derivative
0.00% -1.41% 44.82% 58.08%
Municipal
0.00% 0.00% 100.00% 79.20%

Bond Geographic Breakdown

Weighting Return Low Return High FNDSX % Rank
US
99.52% 0.00% 993.61% 22.60%
Non US
0.00% 0.00% 35.41% 50.61%

FNDSX - Expenses

Operational Fees

FNDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.10% 0.01% 39.64% 96.71%
Management Fee 0.10% 0.00% 1.76% 5.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FNDSX 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

FNDSX 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.

FNDSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 97.00% 2.00% 493.39% 41.53%

FNDSX - Distributions

Dividend Yield Analysis

FNDSX Category Low Category High FNDSX % Rank
Dividend Yield 3.48% 0.00% 10.11% 82.76%

Dividend Distribution Analysis

FNDSX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

FNDSX Category Low Category High FNDSX % Rank
Net Income Ratio 1.32% -1.28% 4.79% 73.28%

Capital Gain Distribution Analysis

FNDSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

FNDSX - Fund Manager Analysis

Managers

Brandon Bettencourt


Start Date

Tenure

Tenure Rank

Jun 19, 2018

3.95

4.0%

Since joining Fidelity Investments in 2008, Brandon Bettencourt has worked as a research associate, portfolio analyst, and portfolio manager.

Richard Munclinger


Start Date

Tenure

Tenure Rank

Oct 30, 2020

1.58

1.6%

Richard Munclinger is a portfolio manager in the Fixed Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Munclinger is responsible for managing all of Fidelity's fixed income index funds, as well as the inflation-protected debt sub-portfolio of Fidelity and Fidelity Advisor Strategic Real Return Funds. Prior to assuming his current position, Mr. Munclinger was a quantitative analyst working with the Core/Core Plus/Tactical Bond investment team on asset allocation and risk management. Prior to joining Fidelity in August 2016, Mr. Munclinger worked as a senior quantitative an analyst at State Street Global Advisors (SSgA). Previously, he was a model validation manager at Freddie Mac and an economist at International Monetary Fund. He has been in the financial industry since 2014. Mr. Munclinger earned his bachelor of science degree in finance from the University of Cape Town. Additionally, he earned his master of science degree, as well as his PhD, in finance from George Washington University. He is also a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.78 1.16