FEBEX Performance — Fidelity Environmental Bond Fund, Class M
Data updated: 2026-07-24
FEBEX returned +0.38% year to date and +4.61% over one year to May 2026. Over one year the fund trailed its Intermediate Core Bond category average: $100 grew to $105, against $105 for the category. Volatility over the past 12 months was 3.31% a year. In the 12 months to May 2026 the fund lost a net $6.3M, and assets reached $38.28M.
FEBEX Growth of $100
What $100 invested in Fidelity Environmental 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 | FEBEX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $105 | $105 |
| 3 years (Jun 2023 – May 2026) | $47 | $115 |
| Since data start (Jul 2021 – May 2026) | $16 | $102 |
FEBEX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.38% |
| 1 year | +4.61% |
3- and 5-year figures withheld: returns differ from sibling classes.
FEBEX Annual Returns
Calendar-year total returns of Fidelity Environmental Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.38% |
| 2025 | −1.66% |
| 2024 | −37.96% |
| 2023 | −35.48% |
| 2022 | −47.21% |
| 2021 (Jul–Dec) | −22.00% |
FEBEX 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 | +0.2% | +1.7% | −1.8% | +0.2% | +0.2% | — | — | — | — | — | — | — |
| 2025 | −3.4% | −1.8% | −0.2% | +0.4% | −0.8% | +1.6% | −0.3% | +1.1% | +1.0% | +0.6% | +0.6% | −0.5% |
| 2024 | −4.1% | −5.3% | −3.2% | −6.4% | −2.4% | −3.0% | −1.7% | −2.7% | −2.7% | −6.3% | −3.1% | −5.7% |
| 2023 | −0.7% | −6.3% | −2.1% | −3.4% | −5.1% | −4.2% | −4.1% | −4.7% | −6.4% | −5.7% | +0.4% | −0.3% |
| 2022 | −5.8% | −5.3% | −6.3% | −7.7% | −4.1% | −6.2% | −1.7% | −6.5% | −8.2% | −5.4% | −0.2% | −4.5% |
| 2021 | — | — | — | — | — | — | −2.8% | −4.2% | −4.9% | −4.3% | −3.8% | −4.3% |
FEBEX Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 3.31%
- Best month: +1.66% (Feb 2026)
- Worst month: −1.78% (Mar 2026)
FEBEX Fund Flows
Monthly money in and out of Fidelity Environmental Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$6.3M
- 12-month gross sales (incl. reinvestments): $11.8M
- Sales ÷ redemptions: 0.65×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $422K | $337K | $85K |
| Apr 2026 | $579K | $1.1M | −$500K |
| Mar 2026 | $1.2M | $11.1M | −$9.9M |
| Feb 2026 | $904K | $1.4M | −$502K |
| Jan 2026 | $1.1M | $359K | $706K |
| Dec 2025 | $1.2M | $719K | $469K |
| Nov 2025 | $789K | $817K | −$28K |
| Oct 2025 | $756K | $1.1M | −$344K |
| Sep 2025 | $1.7M | $575K | $1.1M |
| Aug 2025 | $563K | $185K | $377K |
| Jul 2025 | $984K | $295K | $689K |
| Jun 2025 | $1.6M | $197K | $1.4M |
FEBEX Assets Under Management
Net assets of Fidelity Environmental Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $38.28M |
| 2026-02-28 | $49.75M |
| 2025-11-30 | $48.87M |
| 2025-08-31 | $47.44M |
| 2025-05-31 | $44.22M |
| 2025-02-28 | $39.78M |
| 2024-11-30 | $38.78M |
| 2024-08-31 | $37.44M |
| 2024-05-31 | $34.65M |
| 2024-02-29 | $34.16M |
| 2023-11-30 | $32.87M |
| 2023-08-31 | $32.73M |
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.