FGBPX

About FGBPX

Fidelity Advisor Investment Grade Bond Fund Class I is a mutual fund designed to deliver a high level of current income by investing primarily in investment-grade debt securities. The fund generally allocates at least 80% of its assets to bonds rated medium to high quality, such as U.S. Treasury and agency securities, as well as high-grade corporate bonds. Its strategy follows the Bloomberg U.S. Aggregate Bond Index as a benchmark for structuring the portfolio and managing overall interest rate risk. Notable features include a broad diversification across over 4,000 bond holdings and a focus on maintaining credit quality while seeking attractive yield through active management of credit and interest rate risk. With an institutional share class structure, the fund offers a competitive expense ratio and no minimum investment requirement. Serving as part of the intermediate core bond category, the fund plays a significant role for institutions and investors seeking dependable income generation and capital stability within the fixed income segment of the financial market. Its diversified exposure helps to mitigate credit and duration risks, making it a key vehicle for balancing portfolio risk and generating income from the U.S. bond market.