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Fidelity Total Bond K6 Fund
mutual fund
FTKFX
Payout Change
Pending
Price as of:
$8.97
-0.06
-0.66%
primary theme
U.S. Intermediate-Term Bond Duration
share class
FTKFX (Mutual Fund)
Fidelity Total Bond K6 Fund
Payout Change
Pending
Price as of:
$8.97
-0.06
-0.66%
primary theme
U.S. Intermediate-Term Bond Duration
share class
FTKFX (Mutual Fund)
Fidelity Total Bond K6 Fund
Payout Change
Pending
Price as of:
$8.97
-0.06
-0.66%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Name
As of 10/04/2024Price
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
Vitals
YTD Return
4.6%
1 yr return
12.9%
3 Yr Avg Return
-0.7%
5 Yr Avg Return
1.4%
Net Assets
$5.42 B
Holdings in Top 10
32.5%
52 WEEK LOW AND HIGH
$9.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.30%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 137.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/04/2024Price
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
FTKFX - Profile
Distributions
- YTD Total Return 4.6%
- 3 Yr Annualized Total Return -0.7%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.37%
- Dividend Yield 4.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFidelity Total Bond K6 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateMay 31, 2017
-
Shares OutstandingN/A
-
Share ClassK6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCelso Munoz
Fund Description
Normally investing at least 80% of assets in debt securities of all types and repurchase agreements for those securities.Using the Bloomberg U.S. Universal Bond Index as a guide in allocating assets across the investment-grade, high yield, and emerging markets asset classes. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics.Investing up to 20% of assets in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).Managing the fund to have similar overall interest rate risk to the Bloomberg U.S. Aggregate Bond Index.Investing in domestic and foreign issuers.Allocating assets across different asset classes, market sectors, and maturities.Analyzing the credit quality of the issuer, the issuer's potential for success, the credit, currency, and economic risks of the security and its issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.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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FTKFX - Performance
Return Ranking - Trailing
| Period | FTKFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.6% | -2.4% | 11.7% | 29.18% |
| 1 Yr | 12.9% | -6.4% | 24.6% | 31.43% |
| 3 Yr | -0.7%* | -9.9% | 28.4% | 12.43% |
| 5 Yr | 1.4%* | -7.3% | 58.8% | 8.88% |
| 10 Yr | N/A* | -2.6% | 74.1% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FTKFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.5% | -16.2% | 8.1% | 29.23% |
| 2022 | -15.3% | -34.7% | 131.9% | 28.96% |
| 2021 | -2.7% | -11.6% | 4.4% | 21.27% |
| 2020 | 2.9% | -10.1% | 946.1% | 68.03% |
| 2019 | 6.4% | -1.7% | 16.9% | 21.51% |
Total Return Ranking - Trailing
| Period | FTKFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.6% | -2.4% | 11.7% | 29.18% |
| 1 Yr | 12.9% | -6.4% | 24.6% | 31.43% |
| 3 Yr | -0.7%* | -9.9% | 28.4% | 12.43% |
| 5 Yr | 1.4%* | -7.3% | 58.8% | 8.88% |
| 10 Yr | N/A* | -2.6% | 74.1% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FTKFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.0% | -11.3% | 11.9% | 17.95% |
| 2022 | -12.7% | -32.2% | 131.9% | 21.83% |
| 2021 | 0.1% | -9.4% | 9.2% | 21.49% |
| 2020 | 9.8% | -1.9% | 1009.0% | 21.09% |
| 2019 | 10.4% | 1.1% | 21668.0% | 12.29% |
NAV & Total Return History
FTKFX - Holdings
Concentration Analysis
| FTKFX | Category Low | Category High | FTKFX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.42 B | 2.9 M | 314 B | 24.80% |
| Number of Holdings | 3981 | 1 | 17787 | 9.10% |
| Net Assets in Top 10 | 1.41 B | 1.62 M | 36.1 B | 20.96% |
| Weighting of Top 10 | 32.49% | 4.4% | 432.9% | 26.49% |
Top 10 Holdings
- Fidelity Floating Rate Central Fund 5.50%
- UST NOTES 4.25% 02/28/2031 3.66%
- UNITED STATES TREASURY BOND 4.25% 02/15/2054 3.61%
- UMBS 30YR 2% 06/01/2054 #TBA 3.43%
- UST NOTES 4.625% 04/30/2031 3.40%
- UST NOTES 4.5% 11/15/2033 3.04%
- Fidelity Cash Central Fund 3.00%
- UST NOTES 3.75% 12/31/2028 2.78%
- UMBS 30YR 2% 07/01/2054 #TBA 2.12%
- UST NOTES 4.375% 11/30/2030 1.94%
Asset Allocation
| Weighting | Return Low | Return High | FTKFX % Rank | |
|---|---|---|---|---|
| Bonds | 100.10% | 0.00% | 993.61% | 23.47% |
| Stocks | 5.50% | 0.00% | 99.99% | 4.69% |
| Cash | 3.42% | -54.51% | 237.69% | 44.27% |
| Convertible Bonds | 1.81% | 0.00% | 7.93% | 36.46% |
| Preferred Stocks | 0.36% | 0.00% | 71.02% | 13.50% |
| Other | 0.08% | -16.55% | 52.94% | 78.02% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FTKFX % Rank | |
|---|---|---|---|---|
| Energy | 93.97% | 0.00% | 100.00% | 19.28% |
| Consumer Cyclical | 5.65% | 0.00% | 100.00% | 24.10% |
| Industrials | 0.38% | 0.00% | 48.31% | 37.35% |
| Utilities | 0.00% | 0.00% | 100.00% | 89.16% |
| Technology | 0.00% | 0.00% | 43.45% | 86.14% |
| Real Estate | 0.00% | 0.00% | 99.26% | 85.54% |
| Healthcare | 0.00% | 0.00% | 17.70% | 85.54% |
| Financial Services | 0.00% | 0.00% | 100.00% | 87.95% |
| Communication Services | 0.00% | 0.00% | 100.00% | 87.95% |
| Consumer Defense | 0.00% | 0.00% | 99.67% | 87.35% |
| Basic Materials | 0.00% | 0.00% | 100.00% | 86.14% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FTKFX % Rank | |
|---|---|---|---|---|
| US | 5.50% | 0.00% | 99.99% | 4.70% |
| Non US | 0.00% | 0.00% | 86.16% | 87.22% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FTKFX % Rank | |
|---|---|---|---|---|
| Government | 39.28% | 0.00% | 86.23% | 19.46% |
| Corporate | 36.13% | 0.00% | 100.00% | 31.20% |
| Securitized | 19.67% | 0.00% | 98.40% | 81.77% |
| Cash & Equivalents | 3.42% | -0.46% | 237.69% | 43.25% |
| Municipal | 0.24% | 0.00% | 100.00% | 59.84% |
| Derivative | 0.08% | -1.41% | 44.82% | 41.10% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FTKFX % Rank | |
|---|---|---|---|---|
| US | 98.68% | 0.00% | 993.61% | 27.71% |
| Non US | 1.41% | 0.00% | 35.41% | 22.49% |
FTKFX - Expenses
Operational Fees
| FTKFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.30% | 0.01% | 39.64% | 91.47% |
| Management Fee | 0.30% | 0.00% | 1.76% | 32.85% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
| FTKFX 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
| FTKFX 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.
| FTKFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 137.00% | 2.00% | 493.39% | 52.39% |
FTKFX - Distributions
Dividend Yield Analysis
| FTKFX | Category Low | Category High | FTKFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.45% | 0.00% | 10.11% | 17.96% |
Dividend Distribution Analysis
| FTKFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
| FTKFX | Category Low | Category High | FTKFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.37% | -1.28% | 4.79% | 14.76% |
Capital Gain Distribution Analysis
| FTKFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 30, 2024 | $0.033 | OrdinaryDividend |
| Aug 31, 2024 | $0.034 | OrdinaryDividend |
| Jul 31, 2024 | $0.035 | OrdinaryDividend |
| Jun 30, 2024 | $0.034 | OrdinaryDividend |
| Apr 30, 2024 | $0.033 | OrdinaryDividend |
| Mar 31, 2024 | $0.034 | OrdinaryDividend |
| Feb 29, 2024 | $0.031 | OrdinaryDividend |
| Jan 31, 2024 | $0.033 | OrdinaryDividend |
| Dec 31, 2023 | $0.033 | OrdinaryDividend |
| Dec 21, 2023 | $0.006 | OrdinaryDividend |
| Nov 30, 2023 | $0.032 | OrdinaryDividend |
| Oct 31, 2023 | $0.033 | OrdinaryDividend |
| Sep 30, 2023 | $0.031 | OrdinaryDividend |
| Aug 31, 2023 | $0.032 | OrdinaryDividend |
| Jul 31, 2023 | $0.031 | OrdinaryDividend |
| Jun 30, 2023 | $0.030 | OrdinaryDividend |
| May 31, 2023 | $0.031 | OrdinaryDividend |
| Apr 30, 2023 | $0.030 | OrdinaryDividend |
| Mar 31, 2023 | $0.030 | OrdinaryDividend |
| Feb 28, 2023 | $0.028 | OrdinaryDividend |
| Jan 31, 2023 | $0.030 | OrdinaryDividend |
| Dec 31, 2022 | $0.029 | OrdinaryDividend |
| Dec 22, 2022 | $0.019 | OrdinaryDividend |
| Nov 30, 2022 | $0.027 | OrdinaryDividend |
| Oct 31, 2022 | $0.027 | OrdinaryDividend |
| Sep 30, 2022 | $0.025 | OrdinaryDividend |
| Aug 31, 2022 | $0.024 | OrdinaryDividend |
| Jul 31, 2022 | $0.023 | OrdinaryDividend |
| Jun 30, 2022 | $0.021 | OrdinaryDividend |
| May 31, 2022 | $0.020 | OrdinaryDividend |
| Apr 29, 2022 | $0.019 | OrdinaryDividend |
| Mar 31, 2022 | $0.019 | OrdinaryDividend |
| Feb 28, 2022 | $0.017 | OrdinaryDividend |
| Jan 31, 2022 | $0.019 | OrdinaryDividend |
| Dec 31, 2021 | $0.019 | OrdinaryDividend |
| Dec 22, 2021 | $0.010 | OrdinaryDividend |
| Dec 03, 2021 | $0.007 | CapitalGainShortTerm |
| Dec 03, 2021 | $0.029 | CapitalGainLongTerm |
| Nov 30, 2021 | $0.017 | OrdinaryDividend |
| Oct 29, 2021 | $0.018 | OrdinaryDividend |
| Sep 30, 2021 | $0.018 | OrdinaryDividend |
| Aug 31, 2021 | $0.018 | OrdinaryDividend |
| Jul 30, 2021 | $0.018 | OrdinaryDividend |
| Jun 30, 2021 | $0.018 | OrdinaryDividend |
| May 28, 2021 | $0.019 | OrdinaryDividend |
| Apr 30, 2021 | $0.019 | OrdinaryDividend |
| Mar 31, 2021 | $0.020 | OrdinaryDividend |
| Feb 26, 2021 | $0.018 | OrdinaryDividend |
| Jan 29, 2021 | $0.021 | OrdinaryDividend |
| Dec 31, 2020 | $0.019 | OrdinaryDividend |
| Dec 23, 2020 | $0.014 | OrdinaryDividend |
| Dec 04, 2020 | $0.018 | CapitalGainShortTerm |
| Dec 04, 2020 | $0.007 | CapitalGainLongTerm |
| Nov 30, 2020 | $0.018 | OrdinaryDividend |
| Oct 30, 2020 | $0.019 | OrdinaryDividend |
| Oct 09, 2020 | $0.169 | CapitalGainShortTerm |
| Oct 09, 2020 | $0.196 | CapitalGainLongTerm |
| Sep 30, 2020 | $0.019 | OrdinaryDividend |
| Aug 31, 2020 | $0.021 | OrdinaryDividend |
| Jul 31, 2020 | $0.022 | OrdinaryDividend |
| Jun 30, 2020 | $0.022 | OrdinaryDividend |
| May 29, 2020 | $0.023 | OrdinaryDividend |
| Apr 30, 2020 | $0.023 | OrdinaryDividend |
| Mar 31, 2020 | $0.022 | OrdinaryDividend |
| Feb 28, 2020 | $0.021 | OrdinaryDividend |
| Jan 31, 2020 | $0.024 | OrdinaryDividend |
| Dec 31, 2019 | $0.025 | OrdinaryDividend |
| Dec 26, 2019 | $0.009 | CapitalGainLongTerm |
| Dec 26, 2019 | $0.014 | Extra |
| Dec 06, 2019 | $0.009 | CapitalGainLongTerm |
| Nov 29, 2019 | $0.023 | OrdinaryDividend |
| Oct 31, 2019 | $0.023 | OrdinaryDividend |
| Oct 11, 2019 | $0.011 | CapitalGainShortTerm |
| Sep 30, 2019 | $0.024 | OrdinaryDividend |
| Aug 30, 2019 | $0.025 | OrdinaryDividend |
| Jul 31, 2019 | $0.026 | OrdinaryDividend |
| Jun 28, 2019 | $0.025 | OrdinaryDividend |
| Dec 27, 2018 | $0.010 | ExtraDividend |
| Dec 08, 2017 | $0.002 | CapitalGainShortTerm |
| Dec 08, 2017 | $0.006 | CapitalGainLongTerm |
| Oct 13, 2017 | $0.004 | CapitalGainShortTerm |
FTKFX - Fund Manager Analysis
Managers
Celso Munoz
Start Date
Tenure
Tenure Rank
May 25, 2017
5.02
5.0%
Celso Munoz is a portfolio manager at FMRCo. In this role he co-manages multiple bond funds and is a member of the bond division’s Core/Core Plus team. Prior to assuming his current position, Mr. Munoz worked as a research analyst covering the insurance industry and the GSEs. Previously, he worked as an equity research analyst from 2005 to 2012. Mr. Munoz joined Fidelity in 2005 and has been in the investments industry since 1999. Mr. Munoz earned his bachelor of science degree in economics from the University of Pennsylvania and his MBA from Harvard Business School. He is a CFA charterholder.
Michael Foggin
Start Date
Tenure
Tenure Rank
May 25, 2017
5.02
5.0%
Michael Foggin is a portfolio manager at Fidelity Institutional Asset Management (FIAM), an investment organization within Fidelity Investments’ asset management division that is dedicated to serving the needs of consultants and institutional investors, such as defined benefit and defined contribution plans, endowments and financial advisors. In this role, he manages the Global and International Credit Portfolios as part of the Global Fixed Income Team. Prior to joining Fidelity in July 2012, Mr. Foggin was a Fixed Income portfolio manager at Schroders from 2006 to 2012. Previously he worked
Ford O'Neil
Start Date
Tenure
Tenure Rank
May 25, 2017
5.02
5.0%
Ford O’Neil is a portfolio manager at FMRCo. In this role, Mr. O’Neil manages various retail and institutional taxable bond funds/portfolios. His responsibilities include managing multiple Fidelity and Fidelity Advisor funds and various institutional comingled pools. Prior to assuming his current role, he worked as an analyst focusing on the utility sector from 1990 to 1992. Mr. O’Neil joined Fidelity in 1990 and has been in the investments industry since 1985. He earned his bachelor of arts degree from Harvard College and his MBA from The Wharton School at the University of Pennsylvania.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 33.43 | 6.78 | 1.16 |
