FSTB Performance — Fidelity Short-Term Bond Fund
Data updated: 2026-07-24
FSTB returned +0.69% year to date and +3.75% over one year to May 2026. Annualised returns are +4.77% over 3 years and +2.31% over 5 years. The fund trailed its Short-Term Core Bond category average: $100 invested three years ago grew to $115, against $119 for the category, and to $104 over one year, against $105. Volatility over the past three years was 1.54% a year. In the 12 months to May 2026 the fund took in a net $137.4M, and assets reached $2.60B. Returns are those of sibling share class FSHBX; this class's own returns are not reported in filings.
FSTB Growth of $100
What $100 invested in Fidelity Short-Term Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Core Bond category average over the same months.
| Period | FSTB | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $105 |
| 3 years (Jun 2023 – May 2026) | $115 | $119 |
| 5 years (Jun 2021 – May 2026) | $112 | $113 |
| Since data start (Sep 2019 – May 2026) | $117 | $121 |
FSTB Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.69% |
| 1 year | +3.75% |
| 3 years (annualised) | +4.77% |
| 5 years (annualised) | +2.31% |
FSTB Annual Returns
Calendar-year total returns of Fidelity Short-Term Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.69% |
| 2025 | +5.47% |
| 2024 | +4.73% |
| 2023 | +5.32% |
| 2022 | −3.62% |
| 2021 | −0.72% |
| 2020 | +3.70% |
| 2019 (Sep–Dec) | +0.53% |
FSTB 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 | +0.3% | +0.4% | −0.5% | +0.2% | +0.2% | — | — | — | — | — | — | — |
| 2025 | +0.5% | +0.8% | +0.4% | +0.7% | 0.0% | +0.7% | 0.0% | +0.8% | +0.3% | +0.4% | +0.4% | +0.3% |
| 2024 | +0.4% | −0.2% | +0.4% | −0.3% | +0.7% | +0.6% | +1.2% | +0.9% | +0.8% | −0.6% | +0.5% | +0.1% |
| 2023 | +1.1% | −0.7% | +1.1% | +0.5% | −0.1% | −0.2% | +0.5% | +0.4% | −0.1% | +0.3% | +1.3% | +1.3% |
| 2022 | −0.6% | −0.5% | −1.4% | −0.7% | +0.4% | −0.8% | +0.7% | −0.6% | −1.2% | −0.2% | +1.0% | +0.3% |
| 2021 | +0.1% | −0.2% | −0.1% | +0.1% | +0.2% | −0.2% | +0.3% | −0.1% | −0.2% | −0.3% | −0.2% | −0.1% |
| 2020 | +0.6% | +0.7% | −1.6% | +1.5% | +0.7% | +0.7% | +0.4% | +0.1% | 0.0% | 0.0% | +0.3% | +0.1% |
| 2019 | — | — | — | — | — | — | — | — | −0.1% | +0.4% | −0.1% | +0.3% |
FSTB Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 1.54%
- 3-year Sharpe ratio: 0.17 (vs 4.5% risk-free rate)
- Best month: +1.26% (Nov 2023)
- Worst month: −0.59% (Oct 2024)
FSTB Fund Flows
Monthly money in and out of Fidelity Short-Term Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $137.4M
- 12-month gross sales (incl. reinvestments): $933.5M
- Sales ÷ redemptions: 1.17×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $94.3M | $85.8M | $8.5M |
| Apr 2026 | $89.8M | $68.9M | $20.8M |
| Mar 2026 | $91.0M | $75.2M | $15.7M |
| Feb 2026 | $83.4M | $55.2M | $28.2M |
| Jan 2026 | $92.2M | $78.5M | $13.7M |
| Dec 2025 | $77.8M | $60.2M | $17.5M |
| Nov 2025 | $73.7M | $62.7M | $11.1M |
| Oct 2025 | $75.6M | $65.0M | $10.6M |
| Sep 2025 | $79.2M | $54.5M | $24.7M |
| Aug 2025 | $57.3M | $59.0M | −$1.7M |
| Jul 2025 | $66.4M | $69.3M | −$2.9M |
| Jun 2025 | $52.8M | $61.7M | −$8.9M |
FSTB Assets Under Management
Net assets of Fidelity Short-Term Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.60B |
| 2026-02-28 | $2.59B |
| 2025-11-30 | $2.53B |
| 2025-08-31 | $2.48B |
| 2025-05-31 | $2.48B |
| 2025-02-28 | $2.37B |
| 2024-11-30 | $2.30B |
| 2024-08-31 | $2.34B |
| 2024-05-31 | $2.31B |
| 2024-02-29 | $2.33B |
| 2023-11-30 | $2.47B |
| 2023-08-31 | $2.48B |
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.