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Fidelity Investment Grade Bond Fund (FBNDX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3161461096

CUSIP

316146109

Issuer

Fidelity

Inception Date

Aug 6, 1971

Min. Investment

$0

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FBNDX vs. FBND FBNDX vs. FTBFX FBNDX vs. FTKFX FBNDX vs. HYGH FBNDX vs. FTHRX FBNDX vs. BND FBNDX vs. FUMBX FBNDX vs. VCIT FBNDX vs. LQD FBNDX vs. SPHY
Popular comparisons:
FBNDX vs. FBND FBNDX vs. FTBFX FBNDX vs. FTKFX FBNDX vs. HYGH FBNDX vs. FTHRX FBNDX vs. BND FBNDX vs. FUMBX FBNDX vs. VCIT FBNDX vs. LQD FBNDX vs. SPHY

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Investment Grade Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.26%
12.92%
FBNDX (Fidelity Investment Grade Bond Fund)
Benchmark (^GSPC)

Returns By Period

Fidelity Investment Grade Bond Fund had a return of 2.07% year-to-date (YTD) and 6.67% in the last 12 months. Over the past 10 years, Fidelity Investment Grade Bond Fund had an annualized return of 1.64%, while the S&P 500 had an annualized return of 11.16%, indicating that Fidelity Investment Grade Bond Fund did not perform as well as the benchmark.


FBNDX

YTD

2.07%

1M

-0.79%

6M

3.26%

1Y

6.67%

5Y (annualized)

-0.09%

10Y (annualized)

1.64%

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of FBNDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.39%-1.35%0.56%-2.14%1.64%0.71%2.65%1.11%1.58%-2.40%2.07%
20233.98%-2.48%2.27%0.42%-0.81%-0.12%0.03%-0.67%-2.84%-1.40%4.66%3.57%6.46%
2022-2.00%-1.09%-2.81%-3.95%0.51%-1.92%2.17%-2.21%-4.53%-1.16%3.61%-0.98%-13.71%
2021-0.69%-1.30%-1.30%0.86%0.25%1.08%1.19%-0.24%-0.81%0.01%0.25%-0.21%-0.95%
20201.93%1.50%-1.72%2.71%1.36%1.56%1.77%-0.76%-0.10%-2.96%1.41%0.01%6.76%
20191.55%0.10%1.93%0.24%1.51%1.48%0.24%2.32%-0.39%0.45%-0.04%0.06%9.84%
2018-0.95%-0.98%0.26%-0.53%0.46%-0.13%0.41%0.47%-0.44%-0.95%0.53%1.53%-0.36%
20170.48%0.71%-0.10%0.79%0.65%-0.09%0.54%0.81%-0.33%0.05%-0.07%0.42%3.91%
20160.63%0.62%1.94%1.12%-0.04%1.88%1.08%0.45%0.06%-0.56%-2.33%0.45%5.36%
20151.88%-0.53%0.23%-0.16%-0.27%-1.29%0.50%-0.66%0.01%0.51%-0.67%-1.07%-1.56%
20141.41%0.85%-0.15%0.86%1.24%0.08%-0.43%1.23%-0.93%0.98%0.61%-0.01%5.85%
2013-0.60%0.40%0.18%1.06%-1.69%-1.98%0.34%-0.69%1.01%1.00%-0.30%-0.43%-1.74%

Expense Ratio

FBNDX features an expense ratio of 0.45%, falling within the medium range.


Expense ratio chart for FBNDX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FBNDX is 17, indicating that it is in the bottom 17% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of FBNDX is 1717
Combined Rank
The Sharpe Ratio Rank of FBNDX is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of FBNDX is 2121
Sortino Ratio Rank
The Omega Ratio Rank of FBNDX is 1919
Omega Ratio Rank
The Calmar Ratio Rank of FBNDX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of FBNDX is 1313
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Investment Grade Bond Fund (FBNDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FBNDX, currently valued at 1.07, compared to the broader market-1.000.001.002.003.004.005.001.072.54
The chart of Sortino ratio for FBNDX, currently valued at 1.60, compared to the broader market0.005.0010.001.603.40
The chart of Omega ratio for FBNDX, currently valued at 1.19, compared to the broader market1.002.003.004.001.191.47
The chart of Calmar ratio for FBNDX, currently valued at 0.43, compared to the broader market0.005.0010.0015.0020.000.433.66
The chart of Martin ratio for FBNDX, currently valued at 3.43, compared to the broader market0.0020.0040.0060.0080.00100.003.4316.26
FBNDX
^GSPC

The current Fidelity Investment Grade Bond Fund Sharpe ratio is 1.07. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Investment Grade Bond Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.07
2.54
FBNDX (Fidelity Investment Grade Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Investment Grade Bond Fund provided a 3.91% dividend yield over the last twelve months, with an annual payout of $0.28 per share. The fund has been increasing its distributions for 2 consecutive years.


1.50%2.00%2.50%3.00%3.50%$0.00$0.05$0.10$0.15$0.20$0.2520132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.28$0.26$0.19$0.13$0.16$0.23$0.22$0.17$0.20$0.22$0.21$0.18

Dividend yield

3.91%3.56%2.67%1.53%1.88%2.77%2.84%2.17%2.50%2.90%2.59%2.36%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Investment Grade Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.00$0.23
2023$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
2022$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.19
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.13
2020$0.02$0.02$0.02$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.16
2019$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.23
2018$0.02$0.01$0.02$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.05$0.22
2017$0.02$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.17
2016$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.02$0.20
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.22
2014$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.21
2013$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.18

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-9.57%
-0.88%
FBNDX (Fidelity Investment Grade Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Investment Grade Bond 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 Investment Grade Bond Fund was 20.16%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Fidelity Investment Grade Bond Fund drawdown is 9.57%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.16%Aug 7, 2020560Oct 24, 2022
-14.74%Jun 17, 1980326Sep 29, 198143Nov 30, 1981369
-12.37%Jan 24, 2008213Nov 24, 2008170Jul 30, 2009383
-9.85%Dec 27, 197943Feb 27, 198042Apr 28, 198085
-9.18%May 12, 198363Aug 10, 198376Nov 28, 1983139

Volatility

Volatility Chart

The current Fidelity Investment Grade Bond Fund volatility is 1.51%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.51%
3.96%
FBNDX (Fidelity Investment Grade Bond Fund)
Benchmark (^GSPC)