FEBDX

About FEBDX

Fidelity Advisor Environmental Bond Fund - Class C is a mutual fund primarily focused on generating income through investments in fixed income securities that prioritize environmental impact. Its strategy centers on holding at least 80% of assets in environmental debt securities, which include bonds from issuers who develop or support environmental solutions and projects, or who demonstrate strong environmental responsibility according to recognized ESG ratings providers such as MSCI and Sustainalytics. The fund invests in both domestic and international issuers and maintains diversification across sectors and maturities. While it mainly targets investment-grade bonds, it may allocate up to 20% of its assets to high-yield, lower-quality debt. The portfolio is managed with attention to interest rate risk relative to a broad bond index benchmark, and can hedge currency exposure when investing internationally. Through this approach, the fund aims to provide a high level of current income while supporting environmentally focused initiatives, positioning itself at the intersection of sustainable finance and traditional fixed income markets.