Fidelity Conservative Income Bond Fd (FCONX) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry. The company is headquartered in Boston, MA, United States.
FCONX has IPO date of 2019-01-02, listed on the NASDAQ, a market capitalization of $6.2B.
Fidelity Conservative Income Bond Fund is a fixed income investment fund that allocates at least 80% of its assets to U.S. dollar-denominated money market instruments and high-quality investment-grade debt securities, including repurchase agreements. The fund maintains a conservative investment approach with a dollar-weighted average maturity of 0.75 years or less, investing in fixed-rate securities with maximum maturities of two years and floating-rate securities with maximum maturities of three years. More than 25% of the fund's total assets are invested in the financial services industry, positioning it for investors seeking stable income with minimal interest rate risk.
