The criteria entered is at the sole discretion of the user and any information obtained should not be considered an offer to buy or sell, a solicitation of an offer to buy, or a recommendation for any securities. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets.
Indexes are unmanaged. (As interest rates rise, bond prices usually fall, and vice versa. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. Percent Rank in Category is the fund's total-return percentile rank relative to all funds that have the same Morningstar Category. Gold is the highest of five Analyst Rating categories. The Dodge & Cox Income Fund falls within Morningstar’s intermediate-term bond category. The top-performing fund in a category will always receive a rank of 1. Lower-quality bonds can be more volatile and have greater risk of default than higher-quality bonds. The Morningstar Analyst Rating is a subjective, forward-looking evaluation that considers a combination of qualitative and quantitative factors. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. It is projection/opinion and not a statement of fact. Diversification does not ensure a profit or guarantee against loss.
Ads help us provide you with high quality content at no cost to you. Aggregate Index is an unmanaged market value-weighted performance benchmark for the U.S. dollar-denominated investment-grade fixed-rate debt issues, including government, corporate, asset-backed, and mortgage-backed securities with maturities of at least one year. Morningstar assigns star ratings based on an analyst’s estimate of a stock's fair value.
Expense ratio is the total annual fund operating expense ratio from the fund's most recent prospectus. Morningstar's powerful Mutual Fund Screener helps investors find the right mutual funds to buy. This process culminates in a single-point star rating that is updated daily. It is a projection/opinion and not a statement of fact. Leverage can increase market exposure and magnify investment risk. A core fixed income fund for investors seeking income and a measure of protection from stock market volatility. Asian Bond Fund - ABF: A type of bond fund launched by the Executives' Meeting of East Asia and Pacific Central Banks (EMEAP) group that allows its members to invest in bonds issued by … For detail information about the Morningstar Star Rating for Stocks, please visit Quantitative Fair Value Estimate represents Morningstar’s estimate of the per share dollar amount that a company’s equity is worth today. Past performance of a security may or may not be sustained in future and is no indication of future performance. Established in 1988, the Morningstar Fund Manager of the Year award recognizes portfolio managers who demonstrate excellent investment skill and the courage to differ from the consensus to benefit investors. Morningstar's highest level of commendation as of August 28, 2019 for FTBFX and as of September 24, 2019 for FBND.The fund seeks income from a broad selection of fixed income securities, with a core exposure to investment-grade bonds. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Quantitative Fair Value Estimate is calculated daily. Fixed income securities also carry inflation risk, liquidity risk, call risk, and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding onto them until maturity is not possible. You currently DO NOT have javascript enabled, to view our site this must be enabled, For detail information about the Quantiative Fair Value Estimate, please visit How to stress-test a portfolio's interest-rate sensitivityFollowing this rule of thumb might serve you well in case interest rates go up.How to stress-test a portfolio's interest-rate sensitivityFollowing this rule of thumb might serve you well in case interest rates go up.Manulife team wins Morningstar Fixed-Income Manager of the Year awardCiting tax changes, RBC to close eight corporate-class fundsHow to stress-test a portfolio's interest-rate sensitivityFollowing this rule of thumb might serve you well in case interest rates go up.Dagmara Fijalkowski- RBC Global Asset Management Inc.RBC's top bond manager takes market forecasts with a grain of salt.Thanks to lower provisioning and top-line growth helpLRCNs are set to be a game-changer, says Fiera Capital's Nicolas Normandeau - Could this mean the end of preferred shares?If the pandemic means you can't have your daily double-double, it means you've saved $170 so far - which means you can invest!© Copyright 2020 Morningstar, Inc. All rights reserved. Fidelity does not review the Morningstar data and, for mutual fund performance, you should check the fund's current prospectus for the most up-to-date information concerning applicable loads, fees, and expenses. Investments in securities are subject to market and other risks.
Morningstar, Inc. All Rights Reserved. The Quantitative Fair Value Estimate is based on a statistical model derived from the Fair Value Estimate Morningstar’s equity analysts assign to companies which includes a financial forecast of the company. The Morningstar Star Rating for Stocks is assigned based on an analyst's estimate of a stocks fair value.