Fidelity Short-Term Treasury Bond Index Fund FUMBX NASDAQ

Fidelity Short-Term Treasury Bond Index Fund is a passively managed fund that invests at least 80% of its assets in securities included in the Bloomberg Barclays U.S. 1-5 Year Treasury Bond Index. The fund maintains a dollar-weighted average maturity of three years or less, designed to track the index's performance and risk profile. Using statistical sampling techniques, the fund's advisor analyzes duration, maturity, interest rate sensitivity, security structure, and credit quality to replicate index returns with a more concentrated portfolio of securities. This strategy provides investors with efficient, low-cost exposure to short-term U.S. Treasury bonds.