Morningstar

Fidelity Conservative Income Bond FCNVX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.08  /  +0.01 %
  • Total Assets 6.2 Bil
  • Adj. Expense Ratio
    0.250%
  • Expense Ratio 0.250%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Ultrashort Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 5.24%
  • Effective Duration 0.35 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0

Morningstar’s Analysis FCNVX

Will FCNVX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FCNVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FCNVX 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 FCNVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity Conservative Income Bond's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings FCNVX

More FCNVX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 3.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

14.59 898.7 Mil
Cash and Equivalents

United States Treasury Bills 0%

6.49 399.5 Mil
Government

United States Treasury Bills 0%

4.62 284.4 Mil
Government

United States Treasury Notes 4.125%

4.07 250.7 Mil
Government

United States Treasury Notes 4.75%

1.40 86.0 Mil
Government

Athene Global Funding 6.07523%

0.51 31.5 Mil
Corporate

United States Treasury Notes 4.25%

0.50 31.0 Mil
Government

Goldman Sachs Group, Inc. 5.7%

0.49 30.0 Mil
Cash and Equivalents

Dollar General Corporation 4.25%

0.46 28.2 Mil
Cash and Equivalents

Svenska Handelsbanken AB 5.61%

0.46 28.2 Mil
Cash and Equivalents

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