Fidelity Flex Core Bond Fund
Data updated: 2022-08-01
C000177595 — Fidelity Flex Core Bond Fund. Total / Aggregate Bond · $99.00M AUM · 0.00% expense ratio. Holdings, fees, performance and SEC filings.
C000177595 Fund Overview
Fidelity Flex Core Bond Fund is a US mutual fund managed by Fidelity Income Fund /ma/, categorised as Total / Aggregate 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 Income Fund /ma/
- Category: Total / Aggregate Bond
- Assets under management: $99.00M
- 1-year return: -7.2%
- SEC CIK: 0000751199
- SEC series ID: S000056368
- Share class ID: C000177595
C000177595 Investment Objective and Strategy
Fidelity Flex Core Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Income Fund /ma/.
Investment objective
The fund seeks a high level of current income.
Principal investment strategy
Normally investing at least 80% of assets in debt securities of all types and repurchase agreements for those securities. Using the Bloomberg Barclays U.S. Universal Bond Index as a guide in allocating assets across the investment-grade, high yield, and emerging market asset classes. Investing up to 20% of assets in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). Managing the fund to have similar overall interest rate risk to the index. Investing in domestic and foreign issuers. Allocating assets across different asset classes, market sectors, and maturities. Analyzing the credit quality of the issuer, the issuer's potential for success, the credit, currency, and economic risks of the security and its 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).
C000177595 Performance
Total returns for C000177595 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -7.2% |
| 3 years (annualised) | 0.8% |
C000177595 Risk Information
Risk metrics for C000177595, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.9%
C000177595 Costs and Fees
C000177595 costs about $0 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.00%
- Gross expense ratio: 0.00%
- Portfolio turnover: 139%
- Brokerage commissions: 0.02 bps of average net assets (SEC N-CEN)
C000177595 Cashflows
Over the 12 months to 2022-05, Fidelity Flex Core Bond Fund had net inflows of $26.36M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-05 | −$5.38M |
| 2022-04 | −$481.73K |
| 2022-03 | −$1.65M |
| 2022-02 | $5.22M |
| 2022-01 | $4.84M |
| 2021-12 | $8.84M |
C000177595 Debt Constituents
No individual debt constituents are reported in Fidelity Flex Core Bond Fund's latest SEC N-PORT filing.
C000177595 Prospectus and SEC Filings
Official Fidelity Flex Core 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 Total / Aggregate 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.