Fidelity Advisor Sustainable Core Plus Bond Fund – Class I is an actively managed mutual fund focused on generating a high level of current income through a diversified portfolio of debt securities. Its primary objective is to invest at least 80% of assets in various fixed income instruments, including corporate bonds, government securities, and related repurchase agreements, that the investment team believes offer positive environmental, social, and governance (ESG) benefits. The fund integrates sustainable investing principles into its core bond strategy, aiming to support issuers with strong ESG profiles without sacrificing risk-adjusted returns. It holds a broad mix of over 650 securities and provides monthly dividend distributions. The fund’s net assets stand at approximately $34 million, with a competitive expense ratio of 0.42%. As part of the intermediate core-plus bond category, it supplements its core holdings with opportunistic allocations to sectors such as high yield or emerging markets when deemed attractive. Managed by Fidelity, a well-respected firm in asset management, the fund plays an important role for investors seeking both sustainable impact and income generation within the fixed income market.
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