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Fidelity Total Bond Fund (FBKWX)

9.57
+0.03
+(0.31%)
At close: 8:08:45 AM EDT

Fund Summary

The fund normally invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. The Bloomberg U.S. Aggregate Bond Index as a guide in structuring the fund and selecting its investments. It may invest 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).

Fidelity Total Bond Fund

Boston, MA 02109
82 Devonshire Street

Fund Overview

Category Intermediate Core-Plus Bond
Fund Family Fidelity Investments
Net Assets 38.95B
YTD Return 2.85%
Yield 4.51%
Morningstar Rating
Inception Date Jun 16, 2004

Fund Operations

Last Dividend 0.07
Last Cap Gain -8.00
Holdings Turnover 206.00%
Average for Category --

Fees & Expenses

Expense FBKWX Category Average
Annual Report Expense Ratio (net) 0.36% 0.75%
Prospectus Net Expense Ratio 0.36% --
Prospectus Gross Expense Ratio 0.39% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 3.74%
Max Deferred Sales Load -- 1.41%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Ford E. O'Neil, Lead Manager since December 01, 2004
Ford O’Neil, Portfolio Manager, manages retail and institutional assets. Mr. O’Neil joined Fidelity as an analyst in 1989 and has been a portfolio manager since 1992. Prior to joining Fidelity, he worked for Advest, Inc. as an associate in investment banking from 1985 to 1989. Mr. O’Neil received a Bachelor of Arts degree in government from Harvard College and a Master of Business Administration from The Wharton School at the University of Pennsylvania.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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