2016 U.S. Fixed-Income
Fund Manager of the Year
1The Fidelity® Total Bond Fund has delivered income and diversification for years throughup and down
markets.Which is one of the reasons Morningstar named our team2016 U.S. Fixed-Income Fund Manager
of the Year. As part of one of the largest fixed income teamsin the industry, Fund Managers Ford O’Neil,
Matt Conti, Jeff Moore, and Mike Foggin have successfully met their investors’ needs by being flexible
while carefully balancing risk with potential reward.
Learn about Total Bond Fund.
Fidelity.com/morningstar | 800.FIDELITY or call your advisor.(^1) Morningstar’s award recognizes Ford O’Neil, Matthew Conti, Jeffrey Moore, and Michael Foggin for Fidelity Total Bond Fund (FTBFX). Established in 1988, the
Morningstar Fund Manager of the Year award recognizes portfolio managerswho demonstrate excellent investment skill and the courage to differ from the
consensus to benefit investors. To qualify for the award, managers’ funds must have not only posted impressive returns for the year, but the managers also
must have a record of delivering outstanding long-term risk-adjusted performance and of aligning their interests with shareholders’. Nominated funds must
be Morningstar Medalists—a fund that has garnered a Morningstar AnalystRating™ of Gold, Silver, or Bronze. The Fund Manager of the Year award winners
are chosen based on research and in-depth qualitative evaluation by Morningstar’s Manager Research Group. Research Group consists of various wholly
owned subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC. Analyst Ratings are subjective in nature and should
not be used as the sole basis for investment decisions. Analyst Ratings are based on Morningstar’s Manager Research Group’s current expectations about
future events and therefore involve unknown risks and uncertainties that may cause such expectations not to occur or to differ significantly from what was
expected. Analyst Ratings are not guarantees nor should they be viewed as an assessment of a fund’s or the fund’s underlying securities’ creditworthiness.
The Morningstar Analyst Rating is a subjective, forward-looking evaluation that considers a combination of qualitative and quantitative factors to rate funds
on five key pillars: process, performance, people, parent, and price. Gold is the highest of four Analyst Rating categories. For the full rating methodology, go
to Corporate.Morningstar.com/us/documents/MethodologyDocuments/AnalystRatingforFundsMethodology.pdf.
© 2017 Morningstar, Inc. All rights reserved. The Morningstar information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may
not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for
any damages or losses arising from any use of this information. Fidelity does not review the Morningstar data and, for mutual fund performance, you should
check the fund’s current prospectus for the most up-to-date information concerning applicable loads, fees, and expenses.
Fidelity Brokerage Services LLC, Member NYSE, SIPC. © 2017 FMR LLC. All rights reserved. 789739.1.