The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBNDX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FBNDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FBNDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Well prepared for change.
Mike Mulach
Senior Analyst
Summary
Despite an upcoming retirement, Fidelity Investment Grade Bond remains one of the best core offerings.