Fidelity Limited Term Bond Fund (FJRLX)
The fund normally invests at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. The manager manages the fund to have similar overall interest rate risk to the Fidelity Limited Term Composite Index?. The manager maintains a dollar-weighted average maturity between two and five years. It allocates assets across different market sectors and maturities. It invests in domestic and foreign issuers.
Fund Info
| ISIN | US3159167184 |
|---|---|
| CUSIP | 315916718 |
| Issuer | Fidelity |
| Inception Date | Feb 2, 1984 |
| Category | Total Bond Market |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
FJRLX has a high expense ratio of 0.45%, indicating higher-than-average management fees.
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: FJRLX vs. FTBFX, FJRLX vs. FXAIX, FJRLX vs. SHY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Limited Term 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 Limited Term Bond Fund had a return of 1.22% year-to-date (YTD) and 4.72% in the last 12 months. Over the past 10 years, Fidelity Limited Term Bond Fund had an annualized return of 1.69%, while the S&P 500 had an annualized return of 10.97%, indicating that Fidelity Limited Term Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.22% | 11.29% |
| 1 month | 1.18% | 4.87% |
| 6 months | 3.88% | 17.88% |
| 1 year | 4.72% | 29.16% |
| 5 years (annualized) | 1.57% | 13.20% |
| 10 years (annualized) | 1.69% | 10.97% |
Monthly Returns
The table below presents the monthly returns of FJRLX, 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 | 0.72% | -0.49% | 0.36% | -0.36% | 1.22% | ||||||||
| 2023 | 1.84% | -1.03% | 1.21% | 0.46% | -0.15% | -0.26% | 0.67% | 0.31% | -0.55% | 0.15% | 1.87% | 1.57% | 6.22% |
| 2022 | -1.01% | -0.78% | -1.90% | -1.34% | 0.51% | -1.05% | 1.00% | -0.93% | -1.97% | -0.41% | 1.67% | 0.06% | -6.03% |
| 2021 | -0.12% | -0.48% | -0.47% | 0.37% | 0.28% | -0.07% | 0.44% | -0.07% | -0.33% | -0.47% | -0.25% | -0.07% | -1.24% |
| 2020 | 0.98% | 0.87% | -3.02% | 2.27% | 1.21% | 1.01% | 0.83% | 0.14% | -0.12% | 0.08% | 0.34% | 0.41% | 5.04% |
| 2019 | 0.92% | 0.37% | 1.00% | 0.38% | 0.65% | 0.90% | 0.04% | 1.07% | -0.05% | 0.46% | -0.06% | 0.21% | 6.04% |
| 2018 | -0.44% | -0.37% | -0.18% | 0.10% | 0.37% | -0.27% | 0.47% | 0.46% | -0.07% | -0.15% | 0.02% | 0.77% | 0.71% |
| 2017 | 0.23% | 0.38% | 0.06% | 0.41% | 0.41% | -0.03% | 0.42% | 0.24% | -0.11% | 0.07% | -0.28% | 0.08% | 1.90% |
| 2016 | 0.42% | 0.23% | 1.02% | 0.48% | -0.03% | 0.92% | 0.30% | -0.13% | 0.12% | -0.04% | -0.92% | 0.13% | 2.51% |
| 2015 | 0.96% | -0.22% | 0.40% | 0.13% | -0.04% | -0.29% | 0.15% | -0.20% | 0.31% | 0.15% | -0.12% | -0.52% | 0.71% |
| 2014 | 0.70% | 0.43% | -0.22% | 0.43% | 0.60% | 0.04% | -0.28% | 0.40% | -0.38% | 0.40% | 0.30% | -0.38% | 2.06% |
| 2013 | 0.09% | -0.35% | -0.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FJRLX is 72, 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.
FJRLX (Fidelity Limited Term Bond Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Limited Term Bond Fund (FJRLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Limited Term Bond Fund granted a 2.68% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.27 | $0.18 | $0.17 | $0.27 | $0.28 | $0.26 | $0.21 | $0.18 | $0.21 | $0.23 | $0.02 |
Dividend yield | 2.68% | 2.39% | 1.64% | 1.48% | 2.26% | 2.44% | 2.29% | 1.80% | 1.61% | 1.87% | 1.96% | 0.17% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Limited Term 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.11 | |||||||
| 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 | $0.27 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.18 |
| 2021 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.03 | $0.01 | $0.01 | $0.17 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.00 | $0.03 | $0.27 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.28 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.26 |
| 2017 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.18 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.21 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2013 | $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 Limited Term 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 Limited Term Bond Fund was 9.37%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current Fidelity Limited Term Bond Fund drawdown is 0.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.37% | Aug 4, 2021 | 309 | Oct 20, 2022 | — | — | — |
| -6.55% | Mar 9, 2020 | 11 | Mar 23, 2020 | 49 | Jun 2, 2020 | 60 |
| -1.57% | Sep 11, 2017 | 132 | Mar 20, 2018 | 198 | Dec 28, 2018 | 330 |
| -1.45% | Sep 8, 2016 | 70 | Dec 15, 2016 | 80 | Apr 12, 2017 | 150 |
| -1.11% | Oct 15, 2015 | 53 | Dec 30, 2015 | 52 | Mar 16, 2016 | 105 |
Volatility
Volatility Chart
The current Fidelity Limited Term Bond Fund volatility is 0.55%, 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.