Fidelity Environmental Bond Fund (FFEBX)
Fidelity Environmental Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $8.39, up 0.12% on the session, giving a market capitalisation of $48.9M. Its beta of 0.89 implies it has historically moved less than the broad market.
The fund routinely channels at least 80% of its capital into an array of environmental fixed-income securities and related repurchase agreements. Its portfolio predominantly comprises investment-grade bonds. The investments are sourced from both domestic and international entities, with a provision to dedicate up to 20% of the total assets to lower-quality debt instruments.
Fidelity Environmental Bond Fund is most often compared with the following Financial Services names: