Fidelity Total Bond K6 Fund (FTKFX)
The fund normally invests at least 80% of assets in debt securities of all types 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).
Fund Info
| ISIN | US31617L7644 |
|---|---|
| CUSIP | 31617L764 |
| Issuer | Fidelity |
| Inception Date | May 25, 2017 |
| Category | Total Bond Market |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
FTKFX features an expense ratio of 0.30%, falling within the medium range.
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: FTKFX vs. FXNAX, FTKFX vs. FBNDX, FTKFX vs. VTBIX, FTKFX vs. AGG, FTKFX vs. VBTIX, FTKFX vs. FXAIX, FTKFX vs. FIQTX, FTKFX vs. VBTLX, FTKFX vs. SCHD, FTKFX vs. FSMAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Total Bond K6 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 Total Bond K6 Fund had a return of 2.77% year-to-date (YTD) and 9.23% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.77% | 25.45% |
| 1 month | -1.19% | 2.91% |
| 6 months | 3.53% | 14.05% |
| 1 year | 9.23% | 35.64% |
| 5 years (annualized) | 0.30% | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of FTKFX, 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 | 0.41% | -1.34% | 0.57% | -1.87% | 1.70% | 0.58% | 2.76% | 1.01% | 1.76% | -2.27% | 2.77% | ||
| 2023 | 3.92% | -2.25% | 2.06% | 0.34% | -0.67% | 0.00% | 0.24% | -0.55% | -2.77% | -1.25% | 4.62% | 3.43% | 7.03% |
| 2022 | -1.86% | -1.12% | -2.53% | -3.73% | 0.32% | -2.36% | 2.54% | -2.08% | -4.26% | -0.85% | 3.61% | -1.04% | -12.84% |
| 2021 | -0.47% | -1.16% | -1.16% | 0.97% | 0.38% | 0.95% | 1.04% | 0.08% | -0.78% | -0.02% | 0.17% | -0.40% | -0.43% |
| 2020 | 1.90% | 1.07% | -3.69% | 3.00% | 1.67% | 1.44% | 2.27% | -0.27% | -0.19% | -3.72% | 1.82% | 0.41% | 5.58% |
| 2019 | 1.73% | 0.25% | 1.81% | 0.36% | 1.37% | 1.35% | 0.45% | 2.02% | -0.35% | 0.22% | 0.03% | 0.19% | 9.82% |
| 2018 | -0.88% | -0.92% | 0.52% | -0.60% | 0.43% | -0.21% | 0.45% | 0.44% | -0.38% | -0.89% | 0.28% | 1.02% | -0.75% |
| 2017 | -0.30% | 0.40% | 0.50% | -0.60% | 0.15% | -0.10% | 0.39% | 0.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FTKFX is 16, indicating that it is in the bottom 16% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Total Bond K6 Fund (FTKFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Total Bond K6 Fund provided a 4.64% dividend yield over the last twelve months, with an annual payout of $0.41 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.38 | $0.29 | $0.23 | $0.27 | $0.31 | $0.28 | $0.07 |
Dividend yield | 4.64% | 4.24% | 3.33% | 2.27% | 2.53% | 3.07% | 2.94% | 0.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Total Bond K6 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 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.00 | $0.34 | |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.38 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.05 | $0.29 |
| 2021 | $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 |
| 2020 | $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 |
| 2019 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.04 | $0.31 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.04 | $0.28 |
| 2017 | $0.03 | $0.02 | $0.03 | $0.07 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Total Bond K6 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 Total Bond K6 Fund was 18.64%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Fidelity Total Bond K6 Fund drawdown is 6.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.64% | Sep 3, 2020 | 540 | Oct 21, 2022 | — | — | — |
| -10.25% | Mar 9, 2020 | 9 | Mar 19, 2020 | 54 | Jun 5, 2020 | 63 |
| -3.12% | Sep 8, 2017 | 174 | May 17, 2018 | 178 | Jan 31, 2019 | 352 |
| -1.83% | Sep 5, 2019 | 7 | Sep 13, 2019 | 15 | Oct 4, 2019 | 22 |
| -1.23% | Oct 7, 2019 | 25 | Nov 8, 2019 | 36 | Jan 2, 2020 | 61 |
Volatility
Volatility Chart
The current Fidelity Total Bond K6 Fund volatility is 1.73%, 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.