Fidelity Corporate Bond Fund (FCBFX)
Fidelity Corporate Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $10.15, up 0.00% on the session, giving a market capitalisation of $1.91B. Its beta of 1.12 implies it has historically moved more than the broad market.
The Fidelity Corporate Bond Fund primarily focuses on high-quality corporate debt. A significant portion, typically at least 80% of its total assets, is allocated to investment-grade corporate bonds, other forms of company debt, and repurchase agreements backed by these securities. The fund's manager actively works to ensure its overall sensitivity to interest rate changes mirrors that of the Bloomberg U.S. Credit Bond Index. This fund holds investments in corporate debt issued by both domestic (U.S.) and foreign entities.
Fidelity Corporate Bond Fund is most often compared with the following Financial Services names: