Fidelity SAI Enhanced Core Bond Fund (FECBX)

Fidelity SAI Enhanced Core Bond Fund is an actively managed mutual fund specializing in intermediate-term, investment-grade bonds. Its primary objective is to provide a high level of current income by investing at least 80% of its assets in debt securities rated as medium to high quality, predominantly from U.S. issuers. The fund employs a research-driven strategy that evaluates factors such as valuation, credit quality, and market momentum to identify attractive bonds across sectors. Designed for broader diversification within fixed income portfolios, the fund encompasses government, corporate, and agency bonds, with a focus on maintaining a balance between yield and credit risk. With its sustainability profile indicating low exposure to carbon-related risks, the fund appeals to investors seeking core fixed income exposure while incorporating risk-mitigating features. Launched in 2025 by Fidelity Investments, it plays a pivotal role for institutional and individual investors aiming to anchor portfolios with consistent income and capital preservation potential in changing interest rate environments.