FTKAX Performance — Fidelity Tactical Bond Fund, Class A
Data updated: 2026-07-24
FTKAX returned +0.84% year to date and +5.74% over one year to May 2026. Over one year the fund trailed its Moderate Allocation category average: $100 grew to $106, against $119 for the category. Volatility over the past 12 months was 3.46% a year. In the 12 months to May 2026 the fund lost a net $7.1M, and assets reached $44.58M.
FTKAX Growth of $100
What $100 invested in Fidelity Tactical Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | FTKAX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $119 |
| 3 years (Jun 2023 – May 2026) | $48 | $144 |
| Since data start (Mar 2022 – May 2026) | $24 | $135 |
FTKAX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.84% |
| 1 year | +5.74% |
3- and 5-year figures withheld: returns differ from sibling classes.
FTKAX Annual Returns
Calendar-year total returns of Fidelity Tactical Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +0.84% |
| 2025 | −1.04% |
| 2024 | −37.98% |
| 2023 | −34.58% |
| 2022 (Mar–Dec) | −40.22% |
FTKAX 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% | +1.6% | −1.9% | +0.4% | +0.4% | — | — | — | — | — | — | — |
| 2025 | −3.4% | −1.8% | −0.4% | +0.3% | −0.4% | +1.8% | −0.1% | +1.1% | +1.2% | +0.8% | +0.4% | −0.4% |
| 2024 | −4.2% | −4.8% | −3.2% | −6.4% | −2.4% | −3.3% | −1.8% | −2.6% | −2.7% | −6.2% | −2.8% | −6.1% |
| 2023 | −0.4% | −5.8% | −2.4% | −3.4% | −5.2% | −3.7% | −4.0% | −4.7% | −6.4% | −5.7% | +0.3% | −0.1% |
| 2022 | — | — | −6.0% | −7.3% | −4.8% | −7.3% | −1.0% | −5.4% | −8.1% | −4.5% | −0.9% | −4.6% |
FTKAX Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 3.46%
- Best month: +1.80% (Jun 2025)
- Worst month: −1.89% (Mar 2026)
FTKAX Fund Flows
Monthly money in and out of Fidelity Tactical Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$7.1M
- 12-month gross sales (incl. reinvestments): $8.4M
- Sales ÷ redemptions: 0.54×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $873K | $273K | $600K |
| Apr 2026 | $502K | $389K | $113K |
| Mar 2026 | $747K | $474K | $273K |
| Feb 2026 | $281K | $1.0M | −$759K |
| Jan 2026 | $811K | $227K | $584K |
| Dec 2025 | $1.1M | $830K | $299K |
| Nov 2025 | $945K | $1.1M | −$181K |
| Oct 2025 | $542K | $1.0M | −$483K |
| Sep 2025 | $868K | $2.7M | −$1.9M |
| Aug 2025 | $444K | $6.0M | −$5.6M |
| Jul 2025 | $778K | $900K | −$122K |
| Jun 2025 | $518K | $513K | $4K |
FTKAX Assets Under Management
Net assets of Fidelity Tactical Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $44.58M |
| 2026-02-28 | $44.51M |
| 2025-11-30 | $44.37M |
| 2025-08-31 | $46.18M |
| 2025-05-31 | $50.98M |
| 2025-02-28 | $51.17M |
| 2024-11-30 | $57.24M |
| 2024-08-31 | $56.56M |
| 2024-05-31 | $53.84M |
| 2024-02-29 | $52.67M |
| 2023-11-30 | $43.34M |
| 2023-08-31 | $39.65M |
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.