Fidelity Flex Short-Term Bond Fund
Data updated: 2022-08-01
C000177587 — Fidelity Flex Short-Term Bond Fund. Short Bond · $6.40M AUM · 0.00% expense ratio. Holdings, fees, performance and SEC filings.
C000177587 Fund Overview
Fidelity Flex Short-Term Bond Fund is a US mutual fund managed by Fidelity Salem Street Trust, categorised as Short 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: Short Bond
- Assets under management: $6.40M
- 1-year return: -3.1%
- SEC CIK: 0000035315
- SEC series ID: S000056360
- Share class ID: C000177587
C000177587 Investment Objective and Strategy
Fidelity Flex Short-Term 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 investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. Managing the fund to have similar overall interest rate risk to the Bloomberg Barclays U.S. 1-3 Year Government/Credit Bond Index. Normally maintaining a dollar-weighted average maturity of three years or less. Allocating assets across different market sectors and maturities. 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. Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.
Investing in Fidelity's central funds (specialized investment vehicles used by Fidelity funds to invest in particular security types or investment disciplines).
C000177587 Performance
Total returns for C000177587 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -3.1% |
| 3 years (annualised) | 0.6% |
C000177587 Risk Information
Risk metrics for C000177587, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.6%
C000177587 Costs and Fees
C000177587 costs about $0 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.00%
- Gross expense ratio: 0.00%
- Portfolio turnover: 72%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000177587 Cashflows
Over the 12 months to 2022-05, Fidelity Flex Short-Term Bond Fund had net outflows of $126.36K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-05 | −$71.63K |
| 2022-04 | $673 |
| 2022-03 | $34.88K |
| 2022-02 | $24.51K |
| 2022-01 | $11.77K |
| 2021-12 | −$62.82K |
C000177587 Debt Constituents
No individual debt constituents are reported in Fidelity Flex Short-Term Bond Fund's latest SEC N-PORT filing.
C000177587 Prospectus and SEC Filings
Official Fidelity Flex Short-Term Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-10-27
- Prospectus (485BPOS) — filed 2020-10-27
- Prospectus (485BPOS) — filed 2019-11-15
- Portfolio holdings (N-PORT) — filed 2022-08-01
- Portfolio holdings (N-PORT) — filed 2022-04-27
- Portfolio holdings (N-PORT) — filed 2022-01-25
- Annual census (N-CEN) — filed 2021-11-12
- Annual census (N-CEN) — filed 2020-11-10
Related Funds
Other Short 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.