About FIAKX
Fidelity Advisor Sustainable Core Plus Bond Fund - Class M is a mutual fund specializing in intermediate core-plus bond investments. Its primary objective is to deliver a high level of current income while integrating environmental, social, and governance (ESG) criteria into its investment process. The fund pursues this goal by allocating at least 80% of its assets to a diverse range of debt securities that the adviser, Fidelity Management & Research Company LLC, deems to have positive ESG characteristics. This approach expands the investable universe beyond traditional bonds to include a mix of U.S. Treasury securities, agency debt, mortgage-backed securities, and corporate bonds, with up to 20% in lower-quality, high-yield issues. As a sustainable bond fund, it appeals to investors who seek competitive fixed-income returns while supporting responsible business practices. Since its inception in 2022, the fund has built a broad portfolio, typically holding over 600 securities, and aims to balance credit quality and interest rate risk, making it a significant player in the sustainable fixed-income arena.
Fund Family Fidelity
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FIAKX
Share Class Class M
Index Index is not provided by Management Company
FIAKX had a total return of -1.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.43%.
