Ultra Short Duration Bond Funds

Current performance may be higher or lower than that quoted. Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold.

View prospectus, summary prospectus, XBRL and related documents when available.

A short-term trading fee of up to 2% may apply. Select fund name or Average Annual Total Returns tab for each fund's fee (if any).

View information about distribution related payments which may be paid to certain Fidelity employees.

Select fund name for monthly and quarterly returns, restated yields, risk and holdings.

View definitions:
Average Annual Total Return
Gross/Net Expense Ratios

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* For periods of less than one year, the life of fund number is represented by a cumulative total return. Data in bold represent funds with less than 10 years.

† Gross Expense Ratio is the total annual class operating expense ratio from the most recent prospectus and generally is based on amounts incurred during the most recent fiscal year. Net Expense Ratio is the total annual fund or class operating expense from the fund's most recent prospectus, after any fee waiver and/or expense reimbursements that will reduce any fund operating expenses for no less than one year from the effective date of the fund's registration statement. This number does not include any fee waiver arrangement or expense reimbursement that may be terminated without agreement of the fund's board of trustees during the one-year period.

The current yield more closely reflects the current earnings of the portfolio, while total return refers to a specific past holding period.

Average annual total returns are historical and include changes in share price and reinvestment of dividends and capital gains.

From time to time, FDC LLC or its affiliates may pay its representatives additional compensation if they meet certain targets related to sales of the Fidelity funds, which may be weighted at different rates. Furthermore, certain representatives may be considered product specialists and may receive compensation, which may be weighted at different rates, solely for the sales of specific types of funds in which they specialize.


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