Fidelity Education Income Fund (FEDUX)
Fund Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Mar 16, 2021 |
| Category | Intermediate Core Bond |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
FEDUX has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FEDUX vs. TLT, FEDUX vs. VUAA.L
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Education Income 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 Education Income Fund had a return of -0.95% year-to-date (YTD) and 1.52% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.95% | 11.05% |
| 1 month | 0.78% | 4.86% |
| 6 months | 1.29% | 17.50% |
| 1 year | 1.52% | 27.37% |
| 5 years (annualized) | N/A | 13.14% |
| 10 years (annualized) | N/A | 10.90% |
Monthly Returns
The table below presents the monthly returns of FEDUX, 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 | 0.37% | -0.98% | 0.11% | -1.32% | -0.95% | ||||||||
| 2023 | 1.89% | -1.33% | 1.79% | 0.22% | -0.20% | -0.54% | 0.35% | 0.24% | -1.00% | 0.27% | 1.94% | 1.44% | 5.13% |
| 2022 | -1.11% | -0.54% | -1.97% | -1.36% | 0.74% | -0.83% | 0.86% | -1.21% | -1.99% | -0.34% | 1.66% | -0.33% | -6.31% |
| 2021 | 0.02% | 0.28% | 0.29% | -0.14% | 0.47% | -0.03% | -0.33% | -0.50% | -0.13% | -0.10% | -0.19% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FEDUX is 14, indicating that it is in the bottom 14% 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.
FEDUX (Fidelity Education Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Education Income Fund (FEDUX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Education Income Fund granted a 2.82% dividend yield in the last twelve months. The annual payout for that period amounted to $0.25 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.25 | $0.38 | $0.24 | $0.08 |
Dividend yield | 2.82% | 4.10% | 2.62% | 0.82% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Education Income 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.24 |
| 2021 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.08 |
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 Education Income 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 Education Income Fund was 9.44%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Fidelity Education Income Fund drawdown is 3.61%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.44% | Aug 4, 2021 | 309 | Oct 20, 2022 | — | — | — |
| -0.4% | Jun 14, 2021 | 6 | Jun 21, 2021 | 12 | Jul 8, 2021 | 18 |
| -0.3% | Jul 9, 2021 | 3 | Jul 13, 2021 | 11 | Jul 28, 2021 | 14 |
| -0.2% | Apr 26, 2021 | 2 | Apr 27, 2021 | 4 | May 3, 2021 | 6 |
| -0.2% | May 11, 2021 | 2 | May 12, 2021 | 9 | May 25, 2021 | 11 |
Volatility
Volatility Chart
The current Fidelity Education Income Fund volatility is 0.74%, 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.