Fidelity Limited Term Bond Fund
FJRLX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- Fidelity Advisor Series II MA United States of America
- IPO Date
- Nov 8, 2013
- CIK
- 0000795422
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Limited Term Bond Fund (FJRLX) is an open-end mutual fund managed by Fidelity Investments that seeks a high level of current income with a limited degree of share-price fluctuation by investing primarily in investment-grade debt securities. The fund offers exposure to a diversified portfolio of short-term bonds, including U.S. government obligations, corporate bonds, mortgage-backed securities, and asset-backed securities; it maintains an average portfolio duration of one to three years to balance yield and interest rate risk. Fidelity Investments, the fund's sponsor and manager, operates globally from its headquarters in Boston, Massachusetts, where it was founded in 1946, serving institutional and retail investors across North America, Europe, Asia-Pacific, and other regions through a range of asset management segments. The fund's core holdings emphasize high-quality, fixed-income instruments such as U.S. Treasury notes, agency debentures, investment-grade corporate debt from sectors like financials, industrials, and utilities, and securitized products including collateralized mortgage obligations; it may also allocate up to 20% to high-yield or emerging market debt for enhanced return potential while adhering to its limited-term mandate. Target customers include conservative income-oriented investors, retirement plans, and taxable accounts seeking stability amid fluctuating rates, with geographic focus predominantly on U.S. dollar-denominated securities but including select international issues. In recent developments, Fidelity Investments completed a strategic merger in late 2024 integrating select limited-term bond strategies to optimize costs and performance amid rising interest rates, alongside launching enhanced ESG-screened share classes for FJRLX in early 2025 to meet growing demand for sustainable fixed-income options; the firm also announced a major acquisition of a boutique short-duration bond manager in Q3 2025, bolstering its active management capabilities. No significant name changes or reorganizations have occurred for the fund itself within the last two years, though Fidelity continues expanding its digital platform for bond fund access. These changes position FJRLX to navigate evolving monetary policies under the current economic environment.