Fidelity Investment Grade Bond Fund (FBNDX)
Fidelity Investment Grade Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $7.12, up 0.00% on the session, giving a market capitalisation of $11.77B. Its beta of 0.01 implies it has historically moved less than the broad market.
This fund typically allocates a minimum of 80% of its capital to fixed-income securities deemed investment-grade, which are characterized by medium to high credit quality. These holdings span a wide variety of debt instruments and include repurchase agreements for such securities. The portfolio is strategically diversified across various market sectors and bond maturities. Investments are made in both domestic and international issuers.
Fidelity Investment Grade Bond Fund is most often compared with the following Financial Services names: