Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.4%
1 yr return
9.8%
3 Yr Avg Return
-3.4%
5 Yr Avg Return
0.6%
Net Assets
$51.2 M
Holdings in Top 10
20.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FGBFX - Profile
Distributions
- YTD Total Return 2.4%
- 3 Yr Annualized Total Return -3.4%
- 5 Yr Annualized Total Return 0.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.86%
- Dividend Yield 3.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Global Credit Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateMay 30, 2012
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Foggin
Fund Description
FGBFX - Performance
Return Ranking - Trailing
Period | FGBFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -15.2% | -2.4% | 90.00% |
1 Yr | 9.8% | -10.4% | -2.5% | 53.44% |
3 Yr | -3.4%* | -1.2% | 4.2% | 9.32% |
5 Yr | 0.6%* | -0.1% | 3.7% | 5.15% |
10 Yr | 0.9%* | 0.0% | 4.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | FGBFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.1% | -9.4% | -0.6% | 15.32% |
2022 | -24.5% | -1.3% | 7.0% | 37.17% |
2021 | -3.0% | 0.5% | 200.9% | 2.75% |
2020 | 4.3% | -15.5% | 3.1% | 73.00% |
2019 | 10.5% | -0.6% | 30.6% | 3.85% |
Total Return Ranking - Trailing
Period | FGBFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.4% | -15.2% | -2.4% | 90.00% |
1 Yr | 9.8% | -12.6% | -2.5% | 46.56% |
3 Yr | -3.4%* | -1.6% | 4.2% | 8.47% |
5 Yr | 0.6%* | -0.1% | 3.7% | 5.15% |
10 Yr | 0.9%* | 0.0% | 4.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FGBFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.1% | -9.4% | -0.6% | 15.32% |
2022 | -19.7% | -1.3% | 7.0% | 37.17% |
2021 | -0.5% | 0.5% | 200.9% | 2.75% |
2020 | 8.3% | -15.5% | 3.3% | 69.00% |
2019 | 14.5% | 0.1% | 30.6% | 3.85% |
NAV & Total Return History
FGBFX - Holdings
Concentration Analysis
FGBFX | Category Low | Category High | FGBFX % Rank | |
---|---|---|---|---|
Net Assets | 51.2 M | 21.8 M | 93.5 B | 74.81% |
Number of Holdings | 198 | 5 | 7040 | 81.06% |
Net Assets in Top 10 | 10.8 M | -839 M | 6.06 B | 56.82% |
Weighting of Top 10 | 20.65% | 6.1% | 100.0% | 57.58% |
Top 10 Holdings
- Fidelity Cash Central Fund 4.63%
- UNITED STATES TREASURY BOND 1.125% 08/15/2040 2.20%
- UNITED STATES TREASURY BOND 3.875% 05/15/2043 1.96%
- UNITED STATES TREASURY BOND 3.625% 05/15/2053 1.95%
- CLOVERIE PLC 4.5/VAR 09/11/2044 REGS 1.90%
- PETROLEOS MEXICANOS 6.5% 03/13/2027 1.78%
- JOHN LEWIS PLC 6.125% 01/21/2025 1.67%
- ARGENTUM NETHERLANDS BV 5.75%/VAR 08/15/2050 REGS 1.64%
- UNITED STATES TREASURY BOND 6.25% 05/15/2030 1.63%
- QBE INS GROUP LTD 6.75%/VAR 12/02/2044 REGS 1.29%
Asset Allocation
Weighting | Return Low | Return High | FGBFX % Rank | |
---|---|---|---|---|
Bonds | 82.67% | 36.86% | 100.73% | 78.79% |
Convertible Bonds | 13.86% | 0.00% | 14.16% | 2.27% |
Preferred Stocks | 10.67% | 0.00% | 0.73% | 50.00% |
Cash | 6.16% | -2.75% | 67.17% | 29.55% |
Other | 0.50% | -8.93% | 0.72% | 35.61% |
Stocks | 0.00% | 0.00% | 0.70% | 56.06% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FGBFX % Rank | |
---|---|---|---|---|
Corporate | 55.88% | 0.00% | 70.79% | 15.91% |
Cash & Equivalents | 4.63% | 0.00% | 51.02% | 3.79% |
Government | 2.23% | 1.71% | 97.31% | 95.45% |
Derivative | 0.50% | 0.00% | 50.79% | 64.39% |
Securitized | 0.07% | 0.00% | 29.11% | 87.12% |
Municipal | 0.00% | 0.00% | 3.10% | 59.09% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FGBFX % Rank | |
---|---|---|---|---|
US | 41.75% | -11.86% | 53.57% | 54.55% |
Non US | 40.92% | 26.05% | 98.85% | 46.21% |
FGBFX - Expenses
Operational Fees
FGBFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.50% | 0.02% | 1.81% | 46.09% |
Management Fee | 0.40% | 0.00% | 0.83% | 75.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
FGBFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FGBFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FGBFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 57.00% | 2.00% | 402.00% | 48.65% |
FGBFX - Distributions
Dividend Yield Analysis
FGBFX | Category Low | Category High | FGBFX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.26% | 0.00% | 2.20% | 9.09% |
Dividend Distribution Analysis
FGBFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Monthly |
Net Income Ratio Analysis
FGBFX | Category Low | Category High | FGBFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.86% | -0.30% | 3.10% | 13.74% |
Capital Gain Distribution Analysis
FGBFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 21, 2023 | $0.060 | OrdinaryDividend |
Oct 09, 2023 | $0.061 | OrdinaryDividend |
Jul 10, 2023 | $0.066 | OrdinaryDividend |
Apr 06, 2023 | $0.079 | OrdinaryDividend |
Dec 22, 2022 | $0.264 | OrdinaryDividend |
Oct 10, 2022 | $0.063 | OrdinaryDividend |
Jul 05, 2022 | $0.056 | OrdinaryDividend |
Apr 04, 2022 | $0.045 | OrdinaryDividend |
Oct 04, 2021 | $0.049 | OrdinaryDividend |
Jul 06, 2021 | $0.036 | OrdinaryDividend |
Apr 06, 2021 | $0.062 | OrdinaryDividend |
Oct 05, 2020 | $0.055 | OrdinaryDividend |
Jul 13, 2020 | $0.055 | OrdinaryDividend |
Apr 06, 2020 | $0.057 | OrdinaryDividend |
Oct 07, 2019 | $0.065 | OrdinaryDividend |
Jul 08, 2019 | $0.041 | OrdinaryDividend |
Apr 08, 2019 | $0.051 | OrdinaryDividend |
Dec 27, 2018 | $0.064 | OrdinaryDividend |
Jul 09, 2018 | $0.059 | OrdinaryDividend |
Apr 09, 2018 | $0.052 | OrdinaryDividend |
Dec 27, 2017 | $0.045 | OrdinaryDividend |
Oct 09, 2017 | $0.058 | OrdinaryDividend |
Jul 10, 2017 | $0.042 | OrdinaryDividend |
May 08, 2017 | $0.010 | OrdinaryDividend |
Apr 10, 2017 | $0.011 | OrdinaryDividend |
Mar 06, 2017 | $0.006 | OrdinaryDividend |
Feb 06, 2017 | $0.010 | OrdinaryDividend |
Dec 27, 2016 | $0.047 | OrdinaryDividend |
Nov 07, 2016 | $0.011 | OrdinaryDividend |
Oct 10, 2016 | $0.015 | OrdinaryDividend |
Sep 12, 2016 | $0.017 | OrdinaryDividend |
Aug 08, 2016 | $0.007 | OrdinaryDividend |
Jul 11, 2016 | $0.017 | OrdinaryDividend |
Jun 06, 2016 | $0.015 | OrdinaryDividend |
May 09, 2016 | $0.017 | OrdinaryDividend |
Apr 11, 2016 | $0.018 | OrdinaryDividend |
Mar 07, 2016 | $0.020 | OrdinaryDividend |
Feb 08, 2016 | $0.020 | OrdinaryDividend |
Dec 24, 2015 | $0.037 | OrdinaryDividend |
Nov 09, 2015 | $0.022 | OrdinaryDividend |
Oct 03, 2015 | $0.019 | OrdinaryDividend |
Sep 03, 2015 | $0.020 | OrdinaryDividend |
Aug 10, 2015 | $0.022 | OrdinaryDividend |
Jul 02, 2015 | $0.020 | OrdinaryDividend |
Jun 08, 2015 | $0.028 | OrdinaryDividend |
May 04, 2015 | $0.018 | OrdinaryDividend |
Apr 02, 2015 | $0.018 | OrdinaryDividend |
Mar 09, 2015 | $0.014 | OrdinaryDividend |
Feb 09, 2015 | $0.018 | OrdinaryDividend |
Dec 29, 2014 | $0.027 | OrdinaryDividend |
Nov 10, 2014 | $0.024 | OrdinaryDividend |
Oct 06, 2014 | $0.015 | OrdinaryDividend |
Sep 08, 2014 | $0.018 | OrdinaryDividend |
Aug 11, 2014 | $0.019 | OrdinaryDividend |
Jul 07, 2014 | $0.013 | OrdinaryDividend |
Jun 09, 2014 | $0.019 | OrdinaryDividend |
May 05, 2014 | $0.019 | OrdinaryDividend |
Apr 07, 2014 | $0.020 | OrdinaryDividend |
Mar 10, 2014 | $0.018 | OrdinaryDividend |
Feb 10, 2014 | $0.023 | OrdinaryDividend |
Dec 23, 2013 | $0.037 | OrdinaryDividend |
Nov 04, 2013 | $0.014 | OrdinaryDividend |
Oct 07, 2013 | $0.022 | OrdinaryDividend |
Sep 09, 2013 | $0.023 | OrdinaryDividend |
Aug 05, 2013 | $0.018 | OrdinaryDividend |
Jul 08, 2013 | $0.019 | OrdinaryDividend |
Jun 10, 2013 | $0.034 | OrdinaryDividend |
May 06, 2013 | $0.017 | OrdinaryDividend |
Apr 08, 2013 | $0.018 | OrdinaryDividend |
Mar 04, 2013 | $0.009 | OrdinaryDividend |
Feb 11, 2013 | $0.010 | OrdinaryDividend |
Dec 24, 2012 | $0.042 | OrdinaryDividend |
Nov 05, 2012 | $0.009 | OrdinaryDividend |
Oct 08, 2012 | $0.013 | OrdinaryDividend |
Sep 10, 2012 | $0.017 | OrdinaryDividend |
Aug 06, 2012 | $0.013 | OrdinaryDividend |
FGBFX - Fund Manager Analysis
Managers
Michael Foggin
Start Date
Tenure
Tenure Rank
May 19, 2014
8.04
8.0%
Michael Foggin is a portfolio manager at Fidelity Institutional Asset Management (FIAM), an investment organization within Fidelity Investments’ asset management division that is dedicated to serving the needs of consultants and institutional investors, such as defined benefit and defined contribution plans, endowments and financial advisors. In this role, he manages the Global and International Credit Portfolios as part of the Global Fixed Income Team. Prior to joining Fidelity in July 2012, Mr. Foggin was a Fixed Income portfolio manager at Schroders from 2006 to 2012. Previously he worked
Matthew Bartlett
Start Date
Tenure
Tenure Rank
Jun 01, 2017
5.0
5.0%
Matt Bartlett is a portfolio manager in the Fixed Income division at Fidelity Investments. In this role, Mr. Bartlett is a member of the bond division's Credit/Liability Driven Investments Team. Additionally, he manages Fidelity Corporate Bond ETF, Fidelity Series Corporate Bond Fund, Fidelity and Fidelity Advisor Corporate Bond, Global Credit, and Short Duration High Income Funds. Mr. Bartlett earned his bachelor of business administration degree in finance from James Madison University and his master of business administration degree in finance from Loyola University.
Andrew Lewis
Start Date
Tenure
Tenure Rank
Jun 01, 2017
5.0
5.0%
Since joining Fidelity Investments in 2009, Mr. Lewis has worked as a managing director of research in the UK, research analyst, and a portfolio manager.
Lisa Easterbrook
Start Date
Tenure
Tenure Rank
Oct 01, 2021
0.66
0.7%
Lisa Easterbrook is co-manager of the fund, which she has managed since October 2021. Since joining Fidelity Investments in 2011, Ms. Easterbrook has worked as a research analyst and portfolio manager.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.12 | 31.42 | 5.43 | 0.92 |