Fidelity Advisor Cnsv Inc Bd Z

This fund primarily allocates a minimum of 80% of its capital to U.S. dollar-denominated money market instruments, various types of high-quality investment-grade debt, and related repurchase agreements. A significant portion, exceeding 25% of its total assets, is concentrated within the financial services sector. The portfolio is typically managed to ensure a dollar-weighted average maturity of no more than 0.75 years. Individual fixed-rate securities held by the fund are limited to a maximum maturity of two years, while floating-rate securities may have maturities extending up to three years.