NOT TRUE! First, this is a loan fund, not a bond fund. Second. Christine ranks 87 out of 90 fund managers in terms of perforance 1, 2 and 3 years. She is in the middle for 5 years. Third, she takes an exceedingly conservative approach toward managing this fund, and thus lost out on on numerous opportunities to grow this fund over the last 18 months. She has a very bright staff; yet listens to none, and her "go-it-alone" personality has yielded extremely poor returns for investors. I like the fund concept. I own 5 other funds like this one -- all of which have done better in the last 18 months. Finally. I truly believe that this fund manager is an idiot with college degree from a good university. It just proves that you can be an IDIOT, get a degree, and work for Fidelity. If Fidelity actually measured her performance by ANY benchmark, they would have canned her by now.. But her relationship with Abigail Johnson is the only reason she is still employed. It's called the "ol' girls' network." Fire her Abi; she is worthless.