FAQUEX

About FAQUEX

Fidelity Advisor Quality Income Fund is a mutual fund designed to provide investors with a high level of income and the opportunity for capital gains. The fund primarily targets income-producing debt securities, including preferred stocks and convertible securities, with a particular emphasis on lower-quality, high-yield bonds. Its diversified portfolio strategy can also include non-income-producing assets such as defaulted securities and common stocks, with up to 20% of total assets allocated to equities. The fund invests across both domestic and foreign issuers, and it may include holdings in companies facing challenging financial conditions. As part of the high yield bond category, the Fidelity Advisor Quality Income Fund is structured to serve investors seeking diversified exposure to below-investment-grade credit, aiming to balance risk and return through robust credit and equity research. The fund’s role in the financial market is to connect capital with a spectrum of issuers, while offering a vehicle for investors to access the distinct risk-return profile of high-yield fixed income instruments.