FYBTX Performance — Fidelity Series Short-Term Credit Fund
Data updated: 2026-07-24
FYBTX returned +1.02% year to date and +4.18% over one year to May 2026. Annualised returns are +5.37% over 3 years and +2.90% over 5 years. The fund trailed its Short-Term Corporate Bond category average: $100 invested three years ago grew to $117, against $122 for the category, and to $104 over one year, against $106. Volatility over the past three years was 1.60% a year. In the 12 months to May 2026 the fund lost a net $68.3M, and assets reached $381.90M.
FYBTX Growth of $100
What $100 invested in Fidelity Series Short-Term Credit Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | FYBTX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $104 | $106 |
| 3 years (Jun 2023 – May 2026) | $117 | $122 |
| 5 years (Jun 2021 – May 2026) | $115 | $117 |
| Since data start (Sep 2019 – May 2026) | $121 | $127 |
FYBTX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.02% |
| 1 year | +4.18% |
| 3 years (annualised) | +5.37% |
| 5 years (annualised) | +2.90% |
FYBTX Annual Returns
Calendar-year total returns of Fidelity Series Short-Term Credit Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.02% |
| 2025 | +5.71% |
| 2024 | +5.46% |
| 2023 | +6.08% |
| 2022 | −3.05% |
| 2021 | −0.27% |
| 2020 | +4.17% |
| 2019 (Sep–Dec) | +0.81% |
FYBTX 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 | +0.4% | +0.5% | −0.5% | +0.4% | +0.3% | — | — | — | — | — | — | — |
| 2025 | +0.6% | +0.7% | +0.4% | +0.7% | +0.2% | +0.8% | −0.1% | +0.9% | +0.4% | +0.3% | +0.6% | +0.3% |
| 2024 | +0.5% | −0.1% | +0.5% | −0.3% | +0.9% | +0.6% | +1.2% | +0.9% | +0.9% | −0.4% | +0.4% | +0.2% |
| 2023 | +1.2% | −0.6% | +1.1% | +0.5% | −0.1% | −0.2% | +0.7% | +0.3% | 0.0% | +0.2% | +1.4% | +1.4% |
| 2022 | −0.6% | −0.5% | −1.3% | −0.7% | +0.4% | −0.7% | +0.8% | −0.6% | −1.2% | −0.2% | +1.2% | +0.3% |
| 2021 | +0.1% | −0.2% | −0.1% | +0.2% | +0.1% | −0.1% | +0.3% | 0.0% | −0.1% | −0.3% | −0.1% | −0.1% |
| 2020 | +0.7% | +0.7% | −2.7% | +2.1% | +1.1% | +0.8% | +0.6% | +0.3% | 0.0% | +0.1% | +0.4% | +0.2% |
| 2019 | — | — | — | — | — | — | — | — | +0.1% | +0.3% | +0.1% | +0.2% |
FYBTX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 1.60%
- 3-year Sharpe ratio: 0.54 (vs 4.5% risk-free rate)
- Best month: +1.42% (Dec 2023)
- Worst month: −0.53% (Mar 2026)
FYBTX Fund Flows
Monthly money in and out of Fidelity Series Short-Term Credit Fund, from SEC Form N-PORT.
- 12-month net flow: −$68.3M
- 12-month gross sales (incl. reinvestments): $161.2M
- Sales ÷ redemptions: 0.70×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $14.9M | $16.9M | −$2.0M |
| Apr 2026 | $3.2M | $5.4M | −$2.2M |
| Mar 2026 | $5.1M | $5.2M | −$150K |
| Feb 2026 | $2.9M | $5.1M | −$2.2M |
| Jan 2026 | $3.3M | $16.5M | −$13.2M |
| Dec 2025 | $113.1M | $124.6M | −$11.5M |
| Nov 2025 | $3.4M | $6.6M | −$3.2M |
| Oct 2025 | $3.6M | $6.8M | −$3.1M |
| Sep 2025 | $2.9M | $7.3M | −$4.4M |
| Aug 2025 | $2.7M | $15.0M | −$12.3M |
| Jul 2025 | $2.6M | $14.9M | −$12.4M |
| Jun 2025 | $3.6M | $5.3M | −$1.7M |
FYBTX Assets Under Management
Net assets of Fidelity Series Short-Term Credit Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $381.90M |
| 2026-02-28 | $390.02M |
| 2025-11-30 | $417.70M |
| 2025-08-31 | $427.78M |
| 2025-05-31 | $452.21M |
| 2025-02-28 | $458.80M |
| 2024-11-30 | $465.52M |
| 2024-08-31 | $478.73M |
| 2024-05-31 | $493.15M |
| 2024-02-29 | $505.52M |
| 2023-11-30 | $532.21M |
| 2023-08-31 | $553.81M |
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.