Fidelity Global Credit Fund (FGBFX)
Fidelity Global Credit Fund operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $8.27, up 0.00% on the session, giving a market capitalisation of $49.8M. Its beta of 0.84 implies it has historically moved less than the broad market.
The fund's primary objective is to deliver a high stream of current income. To achieve this, it allocates capital to securities issued across the globe, including those from emerging markets. A minimum of 80% of the fund's assets are typically invested in all types of debt securities and their corresponding repurchase agreements. Within this allocation, the fund usually concentrates its investments primarily on investment-grade debt securities.
Fidelity Global Credit Fund is most often compared with the following Financial Services names: