Fidelity® Ultra-Short Bond Fund (FUSFX)

Net Asset Value
1 Day
Overall Morningstar Rating
Ultrashort bond
Style or Category
No Load
Sales Expenses
Expense Ratio
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 investment-grade debt securities of all types, and repurchase agreements for those securities. It normally invests in U.S. dollar-denominated money market and investment-grade debt securities and repurchase agreements. The fund normally maintains a dollar-weighted average maturity of two years or less and allocates asset across different market sectors and maturities. It invests more than 25% of total assets in the financial services industries.


1 month+0.01% 3 years+0.60%
3 months+0.16% 5 years+0.96%
1 year+0.40% Since inception+0.23%
Data through --

Peer Comparisonvs. Ultrashort bond

Performance 5-yr return+0.96%+2.02%
Expense ratio0.45%0.61%
Risk 5 year sharpe ratio1.851.52
Net assets$301.9M$1.1B
Average market cap----
Average P/E----
Portfolio turnover67%67%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureRobert Galusza / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$500.00


Fixed income75.00%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- General Elec Cap Corp Mtn Be FRN2.36%
-- J P Morgan Chase & Co Mtn Be FRN2.35%
-- Discover Card Exe Tr 2012-5-6 FRN1.96%
-- Goldman Sachs Grp FRN1.56%
-- Chase Issuance Tr 2012-5a 0.59%1.31%
-- Citigroup FRN1.31%
-- Cap One Cc Tr 2013-2a FRN1.30%
-- Citibank Ccit 2013-A1 FRN1.30%
-- Ge Cap Ccmt 2012-4 FRN1.30%
-- FNMA CMO1.06%

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