Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

Fidelity International Bond Index Fund

mutual fund
FBIIX
Payout Change
Pending
Price as of:
$9.29 -0.01 -0.11%
primary theme
N/A
share class
Other (FBIIX)
FBIIX (Mutual Fund)

Fidelity International Bond Index Fund

Payout Change
Pending
Price as of:
$9.29 -0.01 -0.11%
primary theme
N/A
share class
Other (FBIIX)
FBIIX (Mutual Fund)

Fidelity International Bond Index Fund

Payout Change
Pending
Price as of:
$9.29 -0.01 -0.11%
primary theme
N/A
share class
Other (FBIIX)

Name

As of 12/24/2024

Price

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

Fidelity International Bond Index Fund

FBIIX | Fund

$9.29

$856 M

6.32%

$0.59

0.06%

Vitals

YTD Return

4.5%

1 yr return

4.5%

3 Yr Avg Return

0.0%

5 Yr Avg Return

0.5%

Net Assets

$856 M

Holdings in Top 10

8.3%

52 WEEK LOW AND HIGH

$9.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.06%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 18.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

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

Fidelity International Bond Index Fund

FBIIX | Fund

$9.29

$856 M

6.32%

$0.59

0.06%

FBIIX - Profile

Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.79%
DIVIDENDS
  • Dividend Yield 6.3%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity International Bond Index Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Oct 23, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Brandon Bettencourt

Fund Description

Normally investing at least 80% of assets in securities included in the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Diversified Index (Hedged USD), which is a multi-currency benchmark that includes fixed-rate treasury, government-related, corporate and securitized bonds from developed and emerging markets issuers while excluding USD denominated debt.Using statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Diversified Index (Hedged USD) using a smaller number of securities.Hedging the fund's foreign currency exposures utilizing forward foreign currency exchange contracts.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.
Read More

FBIIX - Performance

Return Ranking - Trailing

Period FBIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -15.2% -2.4% 24.62%
1 Yr 4.5% -10.4% -2.5% 58.78%
3 Yr 0.0%* -1.2% 4.2% N/A
5 Yr 0.5%* -0.1% 3.7% N/A
10 Yr N/A* 0.0% 4.6% N/A

* Annualized

Return Ranking - Calendar

Period FBIIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.4% -9.4% -0.6% 10.48%
2022 -11.7% -1.3% 7.0% 50.44%
2021 -2.4% 0.5% 200.9% N/A
2020 3.6% -15.5% 3.1% N/A
2019 N/A -0.6% 30.6% N/A

Total Return Ranking - Trailing

Period FBIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -15.2% -2.4% 22.31%
1 Yr 4.5% -12.6% -2.5% 50.38%
3 Yr 0.0%* -1.6% 4.2% N/A
5 Yr 0.5%* -0.1% 3.7% N/A
10 Yr N/A* 0.0% 4.6% N/A

* Annualized

Total Return Ranking - Calendar

Period FBIIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.5% -9.4% -0.6% 10.48%
2022 -10.8% -1.3% 7.0% 50.44%
2021 -1.8% 0.5% 200.9% N/A
2020 4.4% -15.5% 3.3% N/A
2019 N/A 0.1% 30.6% N/A

NAV & Total Return History

FBIIX - Holdings

Concentration Analysis

FBIIX Category Low Category High FBIIX % Rank
Net Assets 856 M 21.8 M 93.5 B 61.07%
Number of Holdings 1815 5 7040 31.82%
Net Assets in Top 10 71 M -839 M 6.06 B 40.15%
Weighting of Top 10 8.28% 6.1% 100.0% 79.55%

Top 10 Holdings

  1. CHINA DEVELOPMENT BANK 3.48% 01/08/2029 1.10%
  2. CHINA DEVELOPMENT BANK 2.83% 09/10/2026 1.00%
  3. EXPORT IMPORT BK CHINA 3.22% 05/14/2026 0.98%
  4. CHINA PEOPLES REPUBLIC OF 2.4% 07/15/2028 0.85%
  5. CHINA PEOPLES REPUBLIC OF 3.81% 09/14/2050 0.78%
  6. JAPAN GOVT 0.7% 09/20/2038 0.78%
  7. AGRICULTURAL DEVELOPMENT BANK OF CHINA 3.3% 11/05/2031 0.76%
  8. AGRICULTURAL DEVELOPMENT BANK OF CHINA 3.52% 05/24/2031 0.69%
  9. GERMANY FEDERAL REPUBLIC OF 0% 04/16/2027 REGS 0.69%
  10. JAPAN GOVERNMENT OF 0.3% 12/20/2025 0.67%

Asset Allocation

Weighting Return Low Return High FBIIX % Rank
Bonds 		98.93% 36.86% 100.73% 10.61%
Cash 		1.45% -2.75% 67.17% 77.27%
Convertible Bonds 		0.77% 0.00% 14.16% 85.61%
Preferred Stocks 		0.37% 0.00% 0.73% 48.48%
Stocks 		0.00% 0.00% 0.70% 54.55%
Other 		-0.75% -8.93% 0.72% 34.09%

FBIIX - Expenses

Operational Fees

FBIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.06% 0.02% 1.81% 97.66%
Management Fee 0.06% 0.00% 0.83% 4.55%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

FBIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FBIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

FBIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 18.00% 2.00% 402.00% 7.21%

FBIIX - Distributions

Dividend Yield Analysis

FBIIX Category Low Category High FBIIX % Rank
Dividend Yield 6.32% 0.00% 2.20% 25.76%

Dividend Distribution Analysis

FBIIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Monthly

Net Income Ratio Analysis

FBIIX Category Low Category High FBIIX % Rank
Net Income Ratio 0.79% -0.30% 3.10% 78.63%

Capital Gain Distribution Analysis

FBIIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

FBIIX - Fund Manager Analysis

Managers

Brandon Bettencourt

Start Date

Tenure

Tenure Rank

Oct 10, 2019

2.64

2.6%

Since joining Fidelity Investments in 2008, Brandon Bettencourt has worked as a research associate, portfolio analyst, and portfolio manager.

Andrew Lewis

Start Date

Tenure

Tenure Rank

Oct 10, 2019

2.64

2.6%

Since joining Fidelity Investments in 2009, Mr. Lewis has worked as a managing director of research in the UK, research analyst, and a portfolio manager.

Michael Foggin

Start Date

Tenure

Tenure Rank

Oct 10, 2019

2.64

2.6%

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

Richard Munclinger

Start Date

Tenure

Tenure Rank

Oct 01, 2020

1.66

1.7%

Richard Munclinger is a portfolio manager in the Fixed Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Munclinger is responsible for managing all of Fidelity's fixed income index funds, as well as the inflation-protected debt sub-portfolio of Fidelity and Fidelity Advisor Strategic Real Return Funds. Prior to assuming his current position, Mr. Munclinger was a quantitative analyst working with the Core/Core Plus/Tactical Bond investment team on asset allocation and risk management. Prior to joining Fidelity in August 2016, Mr. Munclinger worked as a senior quantitative an analyst at State Street Global Advisors (SSgA). Previously, he was a model validation manager at Freddie Mac and an economist at International Monetary Fund. He has been in the financial industry since 2014. Mr. Munclinger earned his bachelor of science degree in finance from the University of Cape Town. Additionally, he earned his master of science degree, as well as his PhD, in finance from George Washington University. He is also a CFA® charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 31.42 5.43 0.92

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×