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Fidelity® Conservative Income Bond Institutional Class (FCNVX)

10.02
Net Asset Value
0.00%
1 Day
-0.10%
Year-to-Date
Overall Morningstar Rating
Ultrashort bond
Style or Category
No Load
Sales Expenses
0.35%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective 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.

Performance

1 month-0.05% 3 years+0.51%
3 months+0.03% 5 years--
1 year+0.26% Since inception+0.66%
Data through --

Peer Comparisonvs. Ultrashort bond

 FCNVXCategory
Performance 5-yr return--+0.98%
Expense ratio0.35%0.54%
Risk 5 year sharpe ratio--1.08
Net assets$3.8B$1.2B
Average market cap----
Average P/E----
Portfolio turnover66%66%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureKim Miller / 4 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

Cash51.92%
Fixed income48.09%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 2.56%
-- 2.32%
-- 2.06%
-- 1.76%
-- 1.58%
-- 1.49%
-- 1.33%
-- 1.28%
-- 1.09%
-- 1.07%

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