- ISIN
- US31617L7644
- CUSIP
- 31617L764
- Issuer
- Fidelity
- Inception Date
- May 25, 2017
- Category
- Total Bond Market
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
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Performance
FTKFX Performance Chart
Fidelity Total Bond K6 Fund (FTKFX) is down 0.4% since the beginning of the year. FTKFX is currently trading at $9 per share. Investors who bought $1,000 worth of FTKFX shares 5 years ago would now be looking at an investment worth $1,008.
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Returns By Period
Fidelity Total Bond K6 Fund (FTKFX) has returned -0.42% so far this year and 2.14% over the past 12 months.
Fidelity Total Bond K6 Fund
- 1D
- 0.00%
- 1M
- -1.25%
- 6M
- -0.68%
- YTD
- -0.42%
- 1Y
- 2.14%
- 3Y*
- 4.23%
- 5Y*
- 0.16%
- 10Y*
- —
- ALL TIME*
- 2.13%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FTKFX Monthly Returns History
Based on dividend-adjusted daily data since Jun 5, 2017, FTKFX's average daily return is +0.01%, while the average monthly return is +0.19%. At this rate, an investment would double in approximately 30.4 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +4.6%, while the worst month was Sep 2022 at -4.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FTKFX closed higher 45% of trading days. The best single day was Nov 10, 2022 with a return of +1.8%, while the worst single day was Mar 18, 2020 at -2.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.25% | 1.68% | -1.84% | 0.37% | 0.27% | 0.26% | -1.36% | -0.42% | |||||
| 2025 | 0.61% | 2.19% | -0.06% | 0.26% | -0.51% | 1.65% | -0.17% | 1.30% | 1.06% | 0.61% | 0.70% | -0.32% | 7.53% |
| 2024 | 0.04% | -1.34% | 0.96% | -2.24% | 1.70% | 0.97% | 2.36% | 1.40% | 1.37% | -2.27% | 1.17% | -1.63% | 2.36% |
| 2023 | 3.57% | -2.25% | 2.06% | 0.67% | -0.99% | 0.00% | 0.24% | -0.55% | -2.40% | -2.01% | 4.62% | 3.82% | 6.65% |
| 2022 | -1.86% | -1.12% | -2.53% | -3.53% | 0.11% | -2.59% | 2.54% | -2.33% | -4.54% | -0.85% | 3.61% | -0.71% | -13.23% |
| 2021 | -0.66% | -1.34% | -1.16% | 0.97% | 0.38% | 0.95% | 1.04% | 0.08% | -0.78% | -0.02% | 0.17% | -0.05% | -0.46% |
Benchmark Metrics
Fidelity Total Bond K6 Fund has an annualized alpha of 1.83%, beta of 0.03, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since June 05, 2017.
- This fund participated in 23.61% of S&P 500 Index downside but only 15.49% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.03 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 1.83%
- Beta
- 0.03
- R²
- 0.01
- Upside Capture
- 15.49%
- Downside Capture
- 23.61%
Expense Ratio
FTKFX has an expense ratio of 0.30%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FTKFX ranks 22 for risk / return — above 22% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Total Bond K6 Fund (FTKFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FTKFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.20 | 2.00 | -0.80 |
| Martin ratioReturn relative to average drawdown | 3.01 | 8.49 | -5.48 |
Dividends
Dividend History
Fidelity Total Bond K6 Fund provided a 4.26% dividend yield over the last twelve months, with an annual payout of $0.37 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.41 | $0.41 | $0.34 | $0.22 | $0.23 | $0.58 | $0.33 | $0.28 | $0.16 |
Dividend yield | 4.26% | 4.61% | 4.76% | 3.86% | 2.53% | 2.24% | 5.51% | 3.26% | 2.94% | 1.63% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.19 | |||||
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.41 |
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.41 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.03 | $0.04 | $0.34 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.03 | $0.03 | $0.05 | $0.22 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.07 | $0.23 |
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.
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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 17.81%, occurring on Oct 21, 2022. Recovery took 723 trading sessions.
The current Fidelity Total Bond K6 Fund drawdown is 2.31%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-17.81%Oct 2022 | 1y 1mo | 2y 10mo | 3y 12moSep 2021 - Sep 2025 | Bear market2022 |
-10.25%Mar 2020 | 10d | 2mo 18d | 2mo 28dMar 2020 - Jun 2020 | COVID crash2020 |
-3.61%Mar 2021 | 2mo 12d | 4mo 3d | 6mo 15dJan 2021 - Jul 2021 | — |
-2.85%May 2018 | 8mo 11d | 8mo 17d | 1y 4moSep 2017 - Jan 2019 | — |
-2.82%May 2026 | 2mo 18d | — | 5mo 4dMar 2026 - now | — |
Drawdown Indicators
| FTKFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.81% | -56.78% | +38.97% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -9.10% | +6.28% |
Max Drawdown (3Y)Largest decline over 3 years | -4.83% | -18.90% | +14.07% |
Max Drawdown (5Y)Largest decline over 5 years | -17.81% | -25.43% | +7.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.31% | -1.58% | -0.73% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -10.70% | +6.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 2.14% | -1.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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