Fidelity Sustainable Core Plus Bond Fund (FIAEX)
Fidelity Sustainable Core Plus Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.20, up 0.00% on the session, giving a market capitalisation of $60.8M. Its beta of 1.02 implies it has historically moved more than the broad market.
The fund aims to provide a substantial level of ongoing income. It typically commits at least 80% of its capital to a broad spectrum of debt instruments, including related repurchase agreements, which Fidelity Management & Research Company LLC (the Adviser) has identified as having positive environmental, social, and governance (ESG) characteristics. Up to 20% of the portfolio may be invested in debt securities with ratings below investment grade, commonly known as high-yield or "junk" bonds. The advisor strategically diversifies investments across various asset classes, market segments, and maturity profiles.
Fidelity Sustainable Core Plus Bond Fund is most often compared with the following Financial Services names: