Mutual Fund Insights: Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

In-depth Analysis of Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

3 months 6 months 1 year 3 year 5 year

See Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) performance details as of January 31, 2010

  

Last Trade: $10.24 on 3/17/2010, Change: +0.03 (0.29%)

  

Fund Manager - Curtis Hollingsworth

Fund Manager Tenure: 1.1 years   [Similar Funds: FLBAX ]
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)

Hollingsworth joined Fidelity Brokerage Services as a trader in 1983. Two years later, he became a portfolio manager for Fidelity Management & Research Corporation and since that time has worked exclusively in the management of government securities. A disciplined investor, Hollingsworth believes it is extremely difficult to forecast interest rates; it is easier to add value by adjusting a bond portfolio's sector weightings and yield-curve exposure.  Get more insights on Curtis Hollingsworth

  

 What we like about Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

Data for Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) as of January 31, 2010

• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) has good short-term performance (1-year return -2.52% vs -4.33% Long Government category average)
• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) has good mid-term performance (3-year return 6.82% vs 6.78% Long Government category average)
• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) has an annual stock turnover rate of 91.00% vs Long Government average of 659.29%. It is good that Fidelity Spartan L/T Tr Bd Idx Inv management does not trade extensively for its return.
• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) is less volatile than its peers as it has a 3-year Standard Deviation of 13.04, lower than category average of 16.16
• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) has a lower management fee than its Long Government average: 0.20% vs 0.94%
• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

Data for Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) as of January 31, 2010

• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) management has been with Fidelity Spartan L/T Tr Bd Idx Inv Fund for only 1.1 years, it is hard to judge manager's ability based on this fund's operation record
• Fidelity Spartan L/T Tr Bd Idx Inv Fund is a focused fund with 46.66% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) ratio of up-years vs down years can be improved
• Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) has a Morningstar rating of 3 and below

See Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Long Government category?

Below are some additional Long Government mutual funds generated out of our database

• See top fund managers for Long Government Category Funds
• Browse other funds in Long Government Category

  

Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) Net Asset

Track net asset change of Fidelity Spartan L/T Tr Bd Idx Inv fund (FLBIX)

Date	Net Asset
01/2010	$172.73M
11/2009	$170.49M
10/2009	$166.56M

More historic net asset information on Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

  

Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) Portfolio Allocation

Track portfolio allocation change of Fidelity Spartan L/T Tr Bd Idx Inv fund (FLBIX)

Date	Cash	Stock	Bond	Other
10/2009	0.05%	0%	99.95%	0%
09/2009	0.03%	0%	99.97%	0%
08/2009	1.63%	0%	98.37%	0%

Click here to see more historic asset allocation information on Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

  

Most Recent Top 10 Holdings in Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

Discover what Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX) manager is buying

31-Oct-09 US Treasury Bond 8% [6.7%] US Treasury Bond 4.25% [6.66%] United States Treas Bds 4.5% [5.53%] US Treasury Bond 4.5% [4.94%] US Treasury Bond 6.25% [4.56%] United States Treas Bds 3.5% [4.24%] US Treasury Bond 6.125% [4.1%] United States Treas Bds 4.5% [4.06%] US Treasury Bond 6.25% [3.62%] US Treasury Bond 5.375% [3.32%]

30-Sep-09 US Treasury Bond 8% [7.14%] US Treasury Bond 4.25% [7.06%] US Treasury Bond 4.5% [5.04%] US Treasury Bond 6.25% [4.85%] US Treasury Bond 6.125% [4.37%] United States Treas Bds 3.5% [4.24%] United States Treas Bds 4.5% [4.1%] US Treasury Bond 6.25% [3.76%] US Treasury Bond 5% [3.25%] US Treasury Bond 5.375% [3.22%]

31-Aug-09 US Treasury Bond 7.25% [8.15%] US Treasury Bond 4.25% [6.38%] US Treasury Bond 6.625% [4.79%] US Treasury Bond 4.5% [4.75%] US Treasury Bond 3.5% [4.52%] US Treasury Bond 6.25% [4.45%] US Treasury Bond 8.125% [4.18%] US Treasury Bond [3.98%] US Treasury Bond 6.125% [3.85%] US Treasury Bond 6.25% [3.66%]

Click here for Stock Holding Change Map in Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

  

Related books and products to Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

  

Latest News on Fidelity Spartan L/T Tr Bd Idx Inv (FLBIX)

See what is happening with Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

Yahoo! Finance: RSS feed not found See more news on Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

 

Books and Resources

 

 

See more information on Fidelity Spartan L/T Tr Bd Idx Inv Fund (FLBIX)

• Fidelity Spartan L/T Tr Bd Idx Inv Fund Insights
• Fidelity Spartan L/T Tr Bd Idx Inv Fund Performance Data
• Fidelity Spartan L/T Tr Bd Idx Inv Fund News
• Fidelity Spartan L/T Tr Bd Idx Inv Fund Score Explaination
• Fidelity Spartan L/T Tr Bd Idx Inv Fund Manager Information
• Historic Fidelity Spartan L/T Tr Bd Idx Inv Fund Asset Allocation Report
• Historic Fidelity Spartan L/T Tr Bd Idx Inv Fund Top 10 Holding Tracking
• Historic Fidelity Spartan L/T Tr Bd Idx Inv Fund Asset Under Management Tracking