Fidelity Sustainable Core Plus Bond Fund (FIALX)
The investment seeks a high level of current income. The fund normally invests at least 80% of assets in debt securities of all types that Fidelity Management & Research Company LLC (FMR) (the Adviser) believes have positive environmental, social and governance (ESG) benefits and repurchase agreements for those securities. It invests 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). The advisor allocates assets across different asset classes, market sectors, and maturities.
Fund Info
ISIN | US31635T5341 |
---|---|
Issuer | Fidelity |
Inception Date | Apr 13, 2022 |
Category | Intermediate Core-Plus Bond |
Min. Investment | $0 |
Asset Class | Bond |
Expense Ratio
FIALX has a high expense ratio of 0.45%, indicating higher-than-average management fees.
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 Sustainable Core Plus 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 Sustainable Core Plus Bond Fund had a return of -1.49% year-to-date (YTD) and 0.61% in the last 12 months.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -1.49% | 7.50% |
1 month | -0.43% | -1.61% |
6 months | 4.51% | 17.65% |
1 year | 0.61% | 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 | 0.22% | -1.40% | 0.65% | -2.16% | ||||||||
2023 | -1.51% | 4.72% | 3.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FIALX is 11, indicating that it is in the bottom 11% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Fidelity Sustainable Core Plus Bond Fund(FIALX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Sustainable Core Plus Bond Fund (FIALX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Sustainable Core Plus Bond Fund granted a 3.86% dividend yield in the last twelve months. The annual payout for that period amounted to $0.35 per share.
Period | TTM | 2023 | 2022 |
---|---|---|---|
Dividend | $0.35 | $0.33 | $0.23 |
Dividend yield | 3.86% | 3.57% | 2.53% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Sustainable Core Plus 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 | $0.03 | $0.03 | $0.03 | $0.03 | ||||||||
2023 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2022 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.07 |
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 Sustainable Core Plus 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 Sustainable Core Plus Bond Fund was 9.56%, occurring on Oct 24, 2022. Recovery took 294 trading sessions.
The current Fidelity Sustainable Core Plus Bond Fund drawdown is 2.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-9.56% | Aug 2, 2022 | 59 | Oct 24, 2022 | 294 | Dec 20, 2023 | 353 |
-4.85% | Apr 27, 2022 | 35 | Jun 14, 2022 | 33 | Aug 1, 2022 | 68 |
-3.85% | Feb 2, 2024 | 59 | Apr 25, 2024 | — | — | — |
-1.81% | Dec 28, 2023 | 19 | Jan 24, 2024 | 6 | Feb 1, 2024 | 25 |
-0.3% | Apr 22, 2022 | 1 | Apr 22, 2022 | 1 | Apr 25, 2022 | 2 |
Volatility
Volatility Chart
The current Fidelity Sustainable Core Plus Bond Fund volatility is 1.99%, 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.