Fidelity Intermediate Bond Fund

The fund primarily invests in high-quality debt instruments, allocating at least 80% of its assets to investment-grade securities of various kinds, as well as repurchase agreements involving these debt holdings. Its management strives to maintain an overall interest rate risk profile comparable to the Bloomberg Barclays U.S. Intermediate Government/Credit Bond Index. Typically, the portfolio's dollar-weighted average maturity falls within a range of three to ten years. The fund strategically distributes its investments across diverse market sectors and maturity periods, sourcing its debt from both domestic and international issuers.