FEBFX

About FEBFX

Fidelity Advisor Environmental Bond Fund Class I is a mutual fund specializing in environmentally focused fixed income investments. Its primary objective is to deliver a high level of current income while supporting sustainability efforts. The fund invests at least 80% of its assets in environmental debt securities, which include bonds issued by organizations that provide environmental solutions, reduce their own environmental impact, or directly finance green projects. These securities can come from both domestic and international issuers, including government, quasi-government, and corporate entities associated with environmental initiatives. The fund mainly targets investment-grade bonds, although up to 20% of its portfolio can be allocated to higher-yield, lower-rated debt. By referencing benchmarks like the Bloomberg MSCI Global Green Bond USD Index and leveraging ESG data from providers such as MSCI and Sustainalytics, the strategy rigorously screens for above-average environmental characteristics. This approach positions the fund as a key player in the sustainable debt market, appealing to investors seeking exposure to fixed income assets that align with environmental responsibility and impact objectives while maintaining broad sector and maturity diversification.