FEBBX

About FEBBX

Fidelity Advisor Environmental Bond Fund Class A is a mutual fund focused on providing investors with a high level of current income through investments in debt securities that support environmental initiatives. The fund maintains a mandate to allocate at least 80% of its assets to environmental debt securities, which include bonds issued by companies or governments engaged in activities designed to offer environmental solutions or reduce environmental footprints. These securities may also finance projects with direct environmental benefits, such as renewable energy or pollution reduction efforts. The fund primarily invests in investment-grade debt instruments but can allocate up to 20% of assets to lower-quality, high-yield bonds. Its holdings span domestic and international issuers, and the portfolio is diversified across sectors and maturities. As part of its strategy, the fund manages interest rate risk relative to benchmarks like the Bloomberg U.S. Aggregate Bond Index and may use currency hedging for its foreign holdings. By targeting the intersection of fixed income and environmental impact, the Fidelity Advisor Environmental Bond Fund Class A aims to play a distinctive role in the sustainable investment landscape, appealing to investors seeking both income and positive environmental outcomes.