ARMLX vs FCNVX

Both ARMLX and FCNVX are mutual funds. ARMLX has a higher 5-year return than FCNVX (2.48% vs 1.46%). ARMLX has a higher expense ratio than FCNVX (0.34% vs 0.25%). Below is the comparison between ARMLX and FCNVX.

ARMLX FCNVX
Security Type Mutual fund Mutual fund
Segment Taxable Fixed Income: Ultrashort Bond Taxable Fixed Income: Ultrashort Bond
Family Franklin Templeton Investments Fidelity Investments
Net Assets $41.60M $5.14B
Expense Ratio 0.34% 0.25%
Management Style active active
Dividend Yield 1.73% 0.32%
Minimum Investment $1,000,000.00 $1,000,000.00
YTD Return 0.35% 0.08%
1-Year Return -0.14% 0.06%
3-Year Return 2.17% 1.61%
5-Year Return 2.48% 1.46%
10-Year Return 2.16% 1.14%

ARMLX description

The Fund seeks high current income and to limit the degree of fluctuation of its net asset value by investing principally in a portfolio of adjustable rate securities, many of which will also be US Government securities.

ARMLX performance & returns

YTD Return 0.35%
1-Month Return -0.12%
3-Month Return -0.14%
1-Year Return -0.14%
3-Year Return 2.17%
5-Year Return 2.48%
10-Year Return 2.16%
ARMLX expense ratio is 0.34%.

ARMLX holdings

Top 10 Holdings (28.05% of Total Assets)

Name Symbol % Assets
Western Asset Prem Instl Govtt Rsrv Pref WACXX 16.11%
United States Treasury Notes 0.12% N/A 2.40%
US Treasury Note 0.38% N/A 1.75%
Wells Fargo & Company 1.49% N/A 1.40%
JPMorgan Chase & Co. 1.49% N/A 1.21%
Goldman Sachs Group, Inc. 1.26% N/A 1.15%
Charter Communications Operating, LLC/Charter Communications Operating Capi N/A 1.11%
Citigroup Inc. 1.21% N/A 0.98%
Verizon Communications Inc. 1.38% N/A 0.97%
Government National Mortgage Association 1.15% N/A 0.97%

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FCNVX description

The Fund seeks to obtain a high level of current income consistent with preservation of capital. The Fund invests at least 80% of assets in U.S. dollar-denominated money market and investment-grade debt securities. The Fund will typically maintain a dollar weighted average maturity of 0.75 years or less.

FCNVX performance & returns

YTD Return 0.08%
1-Month Return 0.02%
3-Month Return 0.06%
1-Year Return 0.06%
3-Year Return 1.61%
5-Year Return 1.46%
10-Year Return 1.14%
FCNVX expense ratio is 0.25%.

FCNVX holdings

Top 10 Holdings (16.54% of Total Assets)

Name Symbol % Assets
Fidelity Revere Str Tr N/A 6.56%
United States Treasury Notes 0.12% N/A 1.96%
United States Treasury Notes 1.88% N/A 1.71%
United States Treasury Notes 1.75% N/A 1.55%
MIZUHONG A RP 0.73% 2/12/21 N/A 1.14%
United States Treasury Notes 0.23% N/A 1.01%
Barclays Bank plc 0.73% N/A 0.97%
Royal Bank of Canada 0.64% N/A 0.84%
Credit Suisse Group Funding (Guernsey) Limited 3.45% N/A 0.80%

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