Fidelity SAI Short-Term Treasury Bond Fund (FSSWX)

Overview

This entity is focused on investments that chiefly involve securities within the Bloomberg U.S. 1-5 Year Treasury Bond Index. This dedication translates to a portfolio largely constituted by investment-grade, fixed-rate public obligations issued by the U.S. Treasury, specifically those with maturity periods ranging from one to five years. The strategy aims to maintain a dollar-weighted average maturity that syncs well with the index's character, typically not exceeding three years. This approach delineates a conservative investment posture, targeting stability and relatively lower risk through securities backed by the credit of the U.S. government.

Products and Services

• Bloomberg U.S. 1-5 Year Treasury Bond Index Securities

  Investment in this core area involves allocating at least 80% of the assets into securities that are a part of the Bloomberg U.S. 1-5 Year Treasury Bond Index. The focus on this specific maturity range of one to five years aims at achieving a balance between yield and security, catering to investors who prefer lower volatility and relatively stable returns. This product is ideal for those seeking exposure to investment-grade, fixed-rate public obligations of the U.S. Treasury, with the backing of the full faith and credit of the U.S. government.

• Dollar-Weighted Average Maturity Management

  Alongside the primary investment strategy, this entity emphasizes maintaining a dollar-weighted average maturity that is expected to match or come close to the index's average maturity of three years or less. This service ensures that the investment portfolio mirrors the characteristics of the Bloomberg U.S. 1-5 Year Treasury Bond Index, aligning with investors' expectations for consistency and risk management relative to the average maturity of the investments.