Fidelity Environmental Bond Fund (FEBGX)
Fund Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Jun 15, 2021 |
| Category | Intermediate Core-Plus Bond |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
FEBGX has a high expense ratio of 0.36%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Environmental 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.
Returns By Period
Fidelity Environmental Bond Fund had a return of -1.56% year-to-date (YTD) and -0.18% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.56% | 7.50% |
| 1 month | -0.54% | -1.61% |
| 6 months | 4.26% | 17.65% |
| 1 year | -0.18% | 26.26% |
| 5 years (annualized) | N/A | 11.73% |
| 10 years (annualized) | N/A | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.18% | -1.38% | 0.60% | -2.15% | ||||||||
| 2023 | -1.44% | 4.59% | 3.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FEBGX is 8, indicating that it is in the bottom 8% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Fidelity Environmental Bond Fund(FEBGX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Environmental Bond Fund (FEBGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Environmental Bond Fund granted a 3.27% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.27 | $0.25 | $0.27 | $0.06 |
Dividend yield | 3.27% | 2.94% | 3.21% | 0.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Environmental Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | ||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.12 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $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 Environmental 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 Environmental Bond Fund was 19.11%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Fidelity Environmental Bond Fund drawdown is 11.91%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.11% | Aug 5, 2021 | 310 | Oct 24, 2022 | — | — | — |
| -0.59% | Jul 9, 2021 | 3 | Jul 13, 2021 | 4 | Jul 19, 2021 | 7 |
| -0.5% | Jun 21, 2021 | 5 | Jun 25, 2021 | 5 | Jul 2, 2021 | 10 |
| -0.49% | Jul 20, 2021 | 2 | Jul 21, 2021 | 8 | Aug 2, 2021 | 10 |
| -0.4% | Jun 16, 2021 | 1 | Jun 16, 2021 | 2 | Jun 18, 2021 | 3 |
Volatility
Volatility Chart
The current Fidelity Environmental Bond Fund volatility is 2.13%, 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.