FBKWX Performance — Fidelity Total Bond Fund, Class Z
Data updated: 2026-07-24
FBKWX returned +0.60% year to date and +5.60% over one year to May 2026. Annualised returns are +5.00% over 3 years and +1.02% over 5 years. The fund beat its Intermediate Core Bond category average: $100 invested three years ago grew to $116, against $115 for the category, and to $106 over one year, against $105. Volatility over the past three years was 5.57% a year. In the 12 months to May 2026 the fund took in a net $3.3B, and assets reached $42.56B.
FBKWX Growth of $100
What $100 invested in Fidelity Total Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | FBKWX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $105 |
| 3 years (Jun 2023 – May 2026) | $116 | $115 |
| 5 years (Jun 2021 – May 2026) | $105 | $103 |
| Since data start (Sep 2019 – May 2026) | $114 | $109 |
FBKWX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.60% |
| 1 year | +5.60% |
| 3 years (annualised) | +5.00% |
| 5 years (annualised) | +1.02% |
FBKWX Annual Returns
Calendar-year total returns of Fidelity Total Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.60% |
| 2025 | +7.60% |
| 2024 | +2.58% |
| 2023 | +7.32% |
| 2022 | −12.93% |
| 2021 | −0.02% |
| 2020 | +9.45% |
| 2019 (Sep–Dec) | +0.22% |
FBKWX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.1% | +1.8% | −1.9% | +0.4% | +0.3% | — | — | — | — | — | — | — |
| 2025 | +0.7% | +2.1% | −0.1% | +0.3% | −0.5% | +1.8% | −0.1% | +1.2% | +1.1% | +0.7% | +0.6% | −0.3% |
| 2024 | +0.1% | −1.2% | +1.0% | −2.4% | +1.8% | +1.0% | +2.3% | +1.4% | +1.4% | −2.2% | +1.2% | −1.7% |
| 2023 | +3.7% | −2.2% | +1.8% | +0.7% | −1.0% | +0.2% | +0.3% | −0.6% | −2.4% | −1.7% | +4.7% | +4.0% |
| 2022 | −2.0% | −1.2% | −2.5% | −3.6% | −0.1% | −2.5% | +2.9% | −2.2% | −4.5% | −0.8% | +3.6% | −0.6% |
| 2021 | −0.4% | −1.2% | −1.1% | +0.9% | +0.4% | +0.9% | +1.1% | 0.0% | −0.8% | +0.1% | +0.2% | 0.0% |
| 2020 | +1.9% | +1.1% | −3.4% | +2.8% | +1.6% | +1.4% | +2.2% | −0.2% | −0.2% | −0.4% | +1.7% | +0.7% |
| 2019 | — | — | — | — | — | — | — | — | −0.3% | +0.3% | +0.1% | +0.1% |
FBKWX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.57%
- 3-year Sharpe ratio: 0.09 (vs 4.5% risk-free rate)
- Best month: +4.67% (Nov 2023)
- Worst month: −2.43% (Sep 2023)
FBKWX Fund Flows
Monthly money in and out of Fidelity Total Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $3.3B
- 12-month gross sales (incl. reinvestments): $14.0B
- Sales ÷ redemptions: 1.30×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $1.2B | $930.8M | $272.0M |
| Apr 2026 | $1.2B | $931.8M | $277.4M |
| Mar 2026 | $1.1B | $1.5B | −$421.2M |
| Feb 2026 | $1.2B | $674.2M | $477.8M |
| Jan 2026 | $1.3B | $1.1B | $242.6M |
| Dec 2025 | $1.2B | $746.0M | $481.0M |
| Nov 2025 | $1.1B | $761.8M | $303.0M |
| Oct 2025 | $1.6B | $1.0B | $567.0M |
| Sep 2025 | $1.3B | $737.1M | $517.0M |
| Aug 2025 | $1.1B | $783.8M | $273.4M |
| Jul 2025 | $1.0B | $800.5M | $224.9M |
| Jun 2025 | $836.3M | $779.8M | $56.4M |
FBKWX Assets Under Management
Net assets of Fidelity Total Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $42.56B |
| 2026-02-28 | $43.44B |
| 2025-11-30 | $42.02B |
| 2025-08-31 | $40.12B |
| 2025-05-31 | $38.92B |
| 2025-02-28 | $38.95B |
| 2024-11-30 | $38.94B |
| 2024-08-31 | $39.40B |
| 2024-05-31 | $36.65B |
| 2024-02-29 | $35.03B |
| 2023-11-30 | $32.23B |
| 2023-08-31 | $31.72B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.