FGBFX

About FGBFX

Fidelity Global Credit Fund is a diversified mutual fund specializing in fixed-income securities from issuers across the globe. Its primary aim is to deliver a high level of current income by investing at least 80% of its assets in debt instruments, primarily focusing on investment-grade bonds but permitting up to 20% in non-investment-grade securities. The fund's portfolio includes government, corporate, supranational, and agency bonds, with exposure to both developed and emerging markets, and holds a significant allocation in foreign-issued and U.S. dollar-hedged bonds. Managed by an experienced multi-person team using research-driven security selection and sector allocation, the fund seeks competitive risk-adjusted returns throughout various market cycles. It maintains a moderate interest rate sensitivity and a below-average expense ratio, making it cost-efficient compared to peers. The fund pays dividends quarterly and is designed for investors seeking diversified credit exposure and steady income through a single, actively managed product that adapts to changing global credit conditions.