FHMFX : Fidelity® Series Corporate Bond Fund

Fund Summary

The investment seeks a high level of current income. The fund normally invests at least 80% of assets in investment-grade corporate bonds and other corporate debt securities and repurchase agreements for those securities. The manager manages the fund to have similar overall interest rate risk to the Bloomberg Barclays U.S. Credit Bond Index. The fund invests in domestic and foreign issuers. It invests in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).