Fidelity Tactical Bond Fund (FBAGX)
| Fund Assets | 46.18M |
| Expense Ratio | 0.70% |
| Min. Investment | $0.00 |
| Turnover | 32.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.39% |
| Dividend Growth | -2.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.99 |
| YTD Return | 4.25% |
| 1-Year Return | 0.86% |
| 5-Year Return | n/a |
| 52-Week Low | 8.57 |
| 52-Week High | 9.12 |
| Beta (5Y) | n/a |
| Holdings | 98 |
| Inception Date | n/a |
About FBAGX
Fidelity Tactical Bond Fund is a mutual fund classified within the multisector bond category. Its primary objective is to achieve a high level of current income, while also considering growth of capital as a secondary goal. The fund adheres to a diversified strategy, investing at least 80% of its assets in a wide array of debt securities, including U.S. Treasury notes and bonds, corporate debt, and securitized products. Notable features include medium credit quality and moderate interest rate sensitivity, with an effective duration of approximately 6.4 years. The fund regularly maintains significant allocations to U.S. government securities, supporting stability, but also includes positions in corporate bonds and asset-backed securities to seek yield opportunities. It is managed by a strong team recognized for its disciplined investment process and cost efficiency, offering a competitive expense ratio relative to peers. Fidelity Tactical Bond Fund suits investors seeking diversified fixed income exposure, providing monthly distributions and playing a role in income generation and risk management within broader portfolios.
Performance
FBAGX had a total return of 0.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.41%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
76.92% of assets| Name | Symbol | Weight |
|---|---|---|
| UST NOTES 4.375% 05/15/2034 | T.4.375 05.15.34 | 12.78% |
| Fidelity Central Investment Portfolios LLC - Fidelity Floating Rate Central Fund | n/a | 11.40% |
| Fidelity Central Investment Portfolios II LLC - Fidelity International Credit Central Fund | n/a | 10.92% |
| Fidelity Central Investment Portfolios LLC - Fidelity High Income Central Fund | n/a | 10.15% |
| UNITED STATES TREASURY BOND 4.125% 08/15/2053 | T.4.125 08.15.53 | 9.59% |
| UST NOTES 4.125% 11/15/2032 | T.4.125 11.15.32 | 7.24% |
| UST NOTES 3.875% 08/15/2033 | T.3.875 08.15.33 | 6.69% |
| UNITED STATES TREASURY BOND 4.25% 08/15/2054 | T.4.25 08.15.54 | 4.80% |
| UST NOTES 3.5% 02/15/2033 | T.3.5 02.15.33 | 1.74% |
| DOMINOS PIZZA MASTER ISSUER LL DOMINOS SPV CDN HLDG CO INC DOMINOS PIZZA DISTR LLC - DOMINOS PIZZA MASTER ISR LLC 3.151% 04/25/2051 144A | DPABS.2021-1A A2II | 1.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0311 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03102 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02889 | Jul 1, 2025 |
| May 30, 2025 | $0.0318 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02914 | May 1, 2025 |
| Mar 31, 2025 | $0.03015 | Apr 1, 2025 |