Fidelity Conservative Income Bond Fund
Data updated: 2026-07-24
C000097999 — Fidelity Conservative Income Bond Fund. Ultra-Short Corporate Bond · $6.26B AUM. Holdings, fees, performance and SEC filings.
C000097999 Fund Overview
Fidelity Conservative Income Bond Fund is a US mutual fund managed by Fidelity Salem Street Trust, categorised as Ultra-Short Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Salem Street Trust
- Category: Ultra-Short Corporate Bond
- Assets under management: $6.26B
- 1-year return: 2.2%
- SEC CIK: 0000035315
- SEC series ID: S000031520
- Share class ID: C000097999
C000097999 Investment Objective and Strategy
Fidelity Conservative Income Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Salem Street Trust.
Investment objective
The fund seeks to obtain a high level of current income consistent with preservation of capital.
Principal investment strategy
Normally investing at least 80% of assets in U.S. dollar-denominated money market and high quality investment-grade debt securities of all types, and repurchase agreements for those securities. Potentially entering into reverse repurchase agreements. Investing up to 5% of assets in lower quality investment-grade securities. Managing the fund to have similar overall interest rate risk to the Bloomberg Barclays U.S. 3-6 Month Treasury Bill Index. Normally maintaining a dollar-weighted average maturity of 0.75 years or less. Normally investing in fixed rate securities with a maximum maturity of two years or less and floating rate securities with a maximum maturity of three years or less. Allocating assets across different market sectors and maturities. Investing more than 25% of total assets in the financial services industries.
Investing in domestic and foreign issuers. Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.
C000097999 Holdings
Top 10 holdings of Fidelity Conservative Income Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Fidelity Revere Street Trust | 9.94% |
| Ust Notes | 4.80% |
| Ust Notes | 3.84% |
| Ust Bills | 3.19% |
| Ust Notes | 2.43% |
| Ust Notes | 2.04% |
| Ust Bills | 2.02% |
| Wells Fargo Securities, LLC | 0.54% |
| Mizuho Securities USA LLC | 0.54% |
| American Honda Finance Corp. | 0.50% |
C000097999 Portfolio Allocation
Asset-class allocation of Fidelity Conservative Income Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 71.7% |
| Securitized | 16.4% |
| Cash & Equivalents | 11.0% |
C000097999 Performance
Total returns for C000097999 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 2.2% |
| 3 years (annualised) | 0.9% |
C000097999 Risk Information
Risk metrics for C000097999, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.9%
C000097999 Costs and Fees
C000097999 costs about $35 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.35%
- Gross expense ratio: 0.40%
- Portfolio turnover: 73%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000097999 Cashflows
Over the 12 months to 2026-05, Fidelity Conservative Income Bond Fund had net outflows of $1.17B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$517.22M |
| 2026-04 | −$514.13M |
| 2026-03 | $120.23M |
| 2026-02 | $93.05M |
| 2026-01 | $45.32M |
| 2025-12 | −$94.00M |
C000097999 Debt Constituents
Largest debt holdings of Fidelity Conservative Income Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ust Notes | 4.80% |
| Ust Notes | 3.84% |
| Ust Bills | 3.19% |
| Ust Notes | 2.43% |
| Ust Notes | 2.04% |
| Ust Bills | 2.02% |
| American Honda Finance Corp. | 0.50% |
| Ubs AG Stamford Brh | 0.46% |
| Mercedes-Benz Finance North America LLC | 0.45% |
| Bank Of Nova Scotia Houston Branch | 0.44% |
C000097999 Prospectus and SEC Filings
Official Fidelity Conservative Income Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-27
- Prospectus (485BPOS) — filed 2024-10-25
- Prospectus (485BPOS) — filed 2023-10-25
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2025-11-12
- Annual census (N-CEN) — filed 2024-11-13
Related Funds
Other Ultra-Short Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.