FFEBX

About FFEBX

The Fidelity Environmental Bond Fund is an open-end mutual fund focused on generating a high level of current income through investments in environmentally aligned debt securities. With a mandate to allocate at least 80% of its assets to green bonds, sustainable bonds, sustainability-linked bonds, and securities issued by entities with high environmental ratings, the fund seeks to support environmental projects and initiatives. Its diversified portfolio primarily consists of investment-grade fixed-income assets, but it may invest up to 20% in lower-quality debt to enhance yield potential. The fund spans both U.S. and international issuers and operates within the intermediate core-plus bond category, balancing interest rate sensitivity with credit quality to reflect a moderate risk profile. Managed by a seasoned team, it employs a duration-neutral approach against its benchmark, the Bloomberg U.S. Aggregate Bond Index. The fund is known for its competitive expense ratio and a thoughtful, thematic investment process that integrates environmental considerations—making it a significant player among sustainable fixed-income products in the market.