Fidelity Corporate Bond Fund (FCBIX)
| Fund Assets | 2.07B |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.63% |
| Dividend Growth | 5.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 10.81 |
| YTD Return | 4.43% |
| 1-Year Return | 1.01% |
| 5-Year Return | -2.87% |
| 52-Week Low | 10.25 |
| 52-Week High | 10.87 |
| Beta (5Y) | n/a |
| Holdings | 592 |
| Inception Date | May 4, 2010 |
About FCBIX
Fidelity Advisor Corporate Bond Fund Class I is a mutual fund specializing in investment-grade corporate debt. Its primary function is to provide a high level of current income by investing at least 80% of its assets in corporate bonds and other corporate debt securities, including repurchase agreements backed by such securities. The fund is managed with a disciplined, credit-focused strategy and benchmarked against the Bloomberg U.S. Credit Bond Index, aiming for risk-adjusted performance that aligns with the expectations of corporate bond investors. A notable feature of this fund is its rigorous, team-based management approach, involving experienced portfolio managers and research analysts who apply both quantitative modeling and qualitative assessments to security selection, sector allocation, and risk management. The fund typically holds a diversified portfolio—over 600 individual securities across various industries—and may occasionally invest in lower-quality bonds for opportunistic purposes. Dividend distributions are made monthly, and the class maintains a competitive expense ratio. With no minimum investment for Class I shares, the fund is accessible to a broad range of institutional investors seeking exposure to the U.S. corporate bond market while prioritizing income generation and sound credit quality control.
Performance
FCBIX had a total return of 1.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.75%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
15.73% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 0.04625% | T.4.625 02.15.55 | 4.18% |
| Fidelity Cash Central Fund | n/a | 3.59% |
| United States Treasury Bonds 0.0475% | T.4.75 05.15.55 | 3.53% |
| Cash | n/a | 0.86% |
| Peachtree Corners Funding Trust 0.06012% | VOYA.6.012 05.15.35 | 0.65% |
| JPMorgan Chase & Co. 0.05717% | JPM.V5.717 09.14.33 | 0.61% |
| Morgan Stanley 0.0532% | MS.V5.32 07.19.35 | 0.60% |
| Bayer US Finance LLC 0.06875% | BAYNGR.6.875 11.21.53 144A | 0.60% |
| Wells Fargo & Co. 0.05499% | WFC.V5.499 01.23.35 | 0.58% |
| Ares Capital Corp. 0.0215% | ARCC.2.15 07.15.26 | 0.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.03549 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03765 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03656 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03556 | Jul 1, 2025 |
| May 30, 2025 | $0.03666 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03557 | May 1, 2025 |