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Trending ETFs

Fidelity Environmental Bond Fund

mutual fund
FEBFX
Payout Change
Pending
Price as of:
$8.34 -0.03 -0.36%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Other (FFEBX) Z (FEBGX) C (FEBDX) M (FEBEX) I (FEBFX) A (FEBBX)
FEBFX (Mutual Fund)

Fidelity Environmental Bond Fund

Payout Change
Pending
Price as of:
$8.34 -0.03 -0.36%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Other (FFEBX) Z (FEBGX) C (FEBDX) M (FEBEX) I (FEBFX) A (FEBBX)
FEBFX (Mutual Fund)

Fidelity Environmental Bond Fund

Payout Change
Pending
Price as of:
$8.34 -0.03 -0.36%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Other (FFEBX) Z (FEBGX) C (FEBDX) M (FEBEX) I (FEBFX) A (FEBBX)

Name

As of 12/19/2024

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 Environmental Bond Fund

FEBFX | Fund

$8.34

$38.3 M

3.57%

$0.30

0.57%

Vitals

YTD Return

1.5%

1 yr return

2.0%

3 Yr Avg Return

-2.8%

5 Yr Avg Return

N/A

Net Assets

$38.3 M

Holdings in Top 10

23.7%

52 WEEK LOW AND HIGH

$8.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.57%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/19/2024

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 Environmental Bond Fund

FEBFX | Fund

$8.34

$38.3 M

3.57%

$0.30

0.57%

FEBFX - Profile

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return -2.8%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 3.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Environmental Bond Fund
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Jun 21, 2021
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Andrew Lewis

Fund Description

Normally investing at least 80% of assets in environmental debt securities of all types and repurchase agreements for those securities. Environmental debt securities include debt securities of issuers that develop or provide products or services that seek to provide environmental solutions and/or support efforts to reduce their own environmental footprint, and debt securities that support environmental projects. Environmental debt securities include issuers, including sovereign or government-related issuers, (i) contained in the Bloomberg MSCI Global Green Bond USD Index (Hedged USD) and/or (ii) that have an above average environmental score as categorized by MSCI or are rated low risk or better by Sustainalytics. Normally investing primarily in investment-grade debt securities. Managing the fund with reference to the overall interest rate risk of the Bloomberg U.S. Aggregate Bond Index. Investing in domestic and foreign issuers. Allocating assets across different market sectors and maturities. Investing up to 20% of assets in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). Hedging the fund's foreign currency exposures utilizing forward foreign currency exchange contracts. Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments. 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. Employing sustainable investing exclusion criteria to avoid investments in issuers that are directly engaged in, and/or derive significant revenue from, certain industries. Please see "Fund Basics - Investment Details - Sustainable Investing Exclusions" for additional information.
Read More

FEBFX - Performance

Return Ranking - Trailing

Period FEBFX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -7.5% 11.4% 66.49%
1 Yr 2.0% -6.5% 14.2% 61.20%
3 Yr -2.8%* -10.6% 27.3% 65.88%
5 Yr N/A* -7.5% 58.4% N/A
10 Yr N/A* -3.0% 73.7% N/A

* Annualized

Return Ranking - Calendar

Period FEBFX Return Category Return Low Category Return High Rank in Category (%)
2023 2.6% -16.2% 8.1% 25.16%
2022 -16.3% -34.7% 131.9% 59.79%
2021 N/A -11.6% 4.4% N/A
2020 N/A -9.9% 946.1% N/A
2019 N/A -1.7% 16.9% N/A

Total Return Ranking - Trailing

Period FEBFX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -7.5% 11.4% 66.49%
1 Yr 2.0% -6.5% 14.2% 61.20%
3 Yr -2.8%* -10.6% 27.3% 65.88%
5 Yr N/A* -7.5% 58.4% N/A
10 Yr N/A* -3.0% 73.7% N/A

* Annualized

Total Return Ranking - Calendar

Period FEBFX Return Category Return Low Category Return High Rank in Category (%)
2023 5.5% -11.3% 11.9% 69.75%
2022 -13.8% -32.2% 131.9% 56.70%
2021 N/A -9.4% 9.2% N/A
2020 N/A -1.9% 1009.0% N/A
2019 N/A 1.1% 21668.0% N/A

NAV & Total Return History

FEBFX - Holdings

Concentration Analysis

FEBFX Category Low Category High FEBFX % Rank
Net Assets 38.3 M 2.9 M 314 B 95.13%
Number of Holdings 199 1 17880 87.45%
Net Assets in Top 10 8.88 M 1.62 M 35.1 B 96.99%
Weighting of Top 10 23.73% 4.7% 3984.6% 46.77%

Top 10 Holdings

  1. UST NOTES 4% 07/31/2030 4.10%
  2. UNITED STATES TREASURY BOND 2% 11/15/2041 3.41%
  3. UST NOTES 4.25% 02/28/2029 2.47%
  4. UST NOTES 4% 01/31/2031 2.16%
  5. FNMA 30YR 3% 01/01/2052#CB2786 2.15%
  6. FHLG 30YR 2.5% 03/01/2052#RA7091 2.06%
  7. UST NOTES 4.125% 07/31/2028 2.03%
  8. UST NOTES 4.125% 07/31/2031 1.90%
  9. Fidelity Cash Central Fund 1.80%
  10. FHLG 30YR 2.5% 02/01/2052#RA6528 1.63%

Asset Allocation

Weighting Return Low Return High FEBFX % Rank
Bonds 		98.63% 0.00% 9231.88% 30.75%
Convertible Bonds 		4.08% 0.00% 7.93% 3.34%
Cash 		1.80% -54.51% 237.69% 65.35%
Preferred Stocks 		0.87% 0.00% 72.34% 6.85%
Stocks 		0.00% 0.00% 99.98% 85.40%
Other 		-0.01% -27.25% 1695.17% 95.54%

Bond Sector Breakdown

Weighting Return Low Return High FEBFX % Rank
Corporate 		45.18% 0.00% 100.00% 15.05%
Government 		21.60% 0.00% 86.23% 59.04%
Securitized 		5.23% 0.00% 98.40% 95.40%
Cash & Equivalents 		1.80% 0.00% 237.69% 62.55%
Municipal 		0.00% 0.00% 100.00% 94.67%
Derivative 		-0.01% -6.56% 44.82% 74.90%

Bond Geographic Breakdown

Weighting Return Low Return High FEBFX % Rank
US 		91.34% 0.00% 9042.62% 59.85%
Non US 		7.29% 0.00% 189.26% 6.74%

FEBFX - Expenses

Operational Fees

FEBFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.01% 39.64% 62.94%
Management Fee 0.35% 0.00% 1.76% 49.37%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FEBFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FEBFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

FEBFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 493.39% N/A

FEBFX - Distributions

Dividend Yield Analysis

FEBFX Category Low Category High FEBFX % Rank
Dividend Yield 3.57% 0.00% 10.11% 86.54%

Dividend Distribution Analysis

FEBFX Category Low Category High Category Mod
Dividend Distribution Frequency None Quarterly Monthly Quarterly

Net Income Ratio Analysis

FEBFX Category Low Category High FEBFX % Rank
Net Income Ratio N/A -1.28% 4.79% N/A

Capital Gain Distribution Analysis

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

Distributions History

View More +

FEBFX - Fund Manager Analysis

Managers

Andrew Lewis

Start Date

Tenure

Tenure Rank

Jun 15, 2021

0.96

1.0%

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.

Jay Small

Start Date

Tenure

Tenure Rank

Jun 15, 2021

0.96

1.0%

Prior to joining Fidelity Investments in 2010 as a corporate bond trader, Mr. Small worked as a corporate bond trader at 40/86 Advisors (formerly known as Conseco Capital Management, Inc.) from 2007 to 2010.

John Houston

Start Date

Tenure

Tenure Rank

Jun 15, 2021

0.96

1.0%

John Houston is a portfolio manager in the Fixed Income division at Fidelity Investments. In this role, Mr. Houston is responsible for long-duration, long-credit, and custom portfolios. Additionally, he serves as a portfolio manager on the Liability Driven Investing Solutions team. Mr. Houston earned his bachelor of arts degree from Wesleyan University, his master of public administration degree from Harvard University's John F. Kennedy School of Government, and his master of science degree in management from the Massachusetts Institute of Technology (MIT) Sloan School of Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.77 1.16

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