Fidelity Intermediate Bond Fund (FTHRX)
Fidelity Intermediate Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.97, up 0.20% on the session, giving a market capitalisation of $4.79B. Its beta of 0.59 implies it has historically moved less than the broad market.
The fund primarily invests in high-quality debt instruments, allocating at least 80% of its assets to investment-grade securities of various kinds, as well as repurchase agreements involving these debt holdings. Its management strives to maintain an overall interest rate risk profile comparable to the Bloomberg Barclays U.S. Intermediate Government/Credit Bond Index. Typically, the portfolio's dollar-weighted average maturity falls within a range of three to ten years. The fund strategically distributes its investments across diverse market sectors and maturity periods, sourcing its debt from both domestic and international issuers.
Fidelity Intermediate Bond Fund is most often compared with the following Financial Services names: