Fidelity International Bond Index Fund (FBIIX)
The fund normally invests at least 80% of assets in securities included in the Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Diversified Index (USD Hedged), 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. The manager uses statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the index. The fund is non-diversified.
Fund Info
| ISIN | US31635T7321 |
|---|---|
| CUSIP | 31635T732 |
| Issuer | Fidelity |
| Inception Date | Oct 10, 2019 |
| Category | Global Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
FBIIX has an expense ratio of 0.06% which is considered to be low.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity International Bond Index Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity International Bond Index Fund had a return of -0.30% year-to-date (YTD) and 3.90% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.30% | 10.00% |
| 1 month | -0.22% | 2.41% |
| 6 months | 3.49% | 16.70% |
| 1 year | 3.90% | 26.85% |
| 5 years (annualized) | N/A | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of FBIIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.43% | -0.23% | 0.99% | -1.06% | -0.30% | ||||||||
| 2023 | 1.70% | -1.12% | 2.03% | 0.29% | 0.22% | 0.11% | 0.00% | 0.22% | -1.44% | -0.17% | 2.60% | 2.89% | 7.49% |
| 2022 | -1.20% | -1.62% | -1.86% | -2.03% | -0.86% | -1.41% | 2.89% | -2.78% | -2.64% | 0.42% | 1.81% | -1.96% | -10.84% |
| 2021 | -0.49% | -1.47% | -0.00% | -0.15% | 0.10% | 0.30% | 1.38% | -0.20% | -1.09% | -0.54% | 0.90% | -0.57% | -1.84% |
| 2020 | 1.72% | 0.70% | -2.77% | 1.61% | 0.40% | 0.50% | 0.98% | -0.59% | 0.79% | 0.36% | 0.39% | 0.32% | 4.43% |
| 2019 | -0.40% | -0.30% | -0.43% | -1.13% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FBIIX is 32, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FBIIX (Fidelity International Bond Index Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity International Bond Index Fund (FBIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity International Bond Index Fund granted a 3.06% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.26 | $0.09 | $0.06 | $0.08 | $0.02 |
Dividend yield | 3.06% | 2.85% | 1.02% | 0.62% | 0.74% | 0.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity International Bond Index Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.06 | $0.00 | $0.03 | $0.00 | $0.09 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.12 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.02 | $0.09 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.01 | $0.06 |
| 2020 | $0.00 | $0.02 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.00 | $0.03 | $0.08 |
| 2019 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity International Bond Index Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity International Bond Index Fund was 13.79%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Fidelity International Bond Index Fund drawdown is 6.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.79% | Jan 5, 2021 | 454 | Oct 21, 2022 | — | — | — |
| -4.72% | Mar 10, 2020 | 7 | Mar 18, 2020 | 129 | Sep 21, 2020 | 136 |
| -1.3% | Oct 11, 2019 | 22 | Nov 11, 2019 | 51 | Jan 27, 2020 | 73 |
| -0.59% | Nov 6, 2020 | 3 | Nov 10, 2020 | 7 | Nov 19, 2020 | 10 |
| -0.4% | Feb 4, 2020 | 3 | Feb 6, 2020 | 2 | Feb 10, 2020 | 5 |
Volatility
Volatility Chart
The current Fidelity International Bond Index Fund volatility is 0.78%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.