Fidelity Advisor Cnsv Inc Bd Z
FCNYX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- May 25, 2023
- CIK
- 0000035315
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Advisor Conservative Income Bond Fund Class Z (FCNYX) is an ultrashort bond mutual fund that seeks a high level of current income consistent with the preservation of capital. The fund normally invests at least 80% of its assets in U.S. dollar-denominated money market and high-quality investment-grade debt securities of all types, including repurchase agreements for those securities; it invests more than 25% of total assets in the financial services industry; fixed-rate securities have a maximum maturity of two years or less and floating-rate securities have a maximum maturity of three years or less; the fund maintains a dollar-weighted average maturity of 0.75 years or less and an effective duration of approximately 0.35 years. Key holdings include U.S. Treasury bills and notes, Fidelity Cash Central Fund, and corporate securities from issuers such as Barclays Bank plc, Mercedes-Benz Finance North America LLC, and BofA Securities Inc. The fund targets individual and institutional investors seeking low volatility fixed-income exposure with high credit quality and limited interest rate sensitivity. Fidelity Advisor Conservative Income Bond Fund Class Z operates within the taxable bond segment, specifically the ultrashort bond category, with total assets under management of approximately $7.4 billion as of recent data. It is managed by a team at Fidelity Investments including David DeBiase (since October 2020), Rob Galusza (since November 2015), Maura Walsh, Julian Potenza, and John Mistovich (since October 2024). The fund is domiciled in the United States, with Fidelity Investments headquartered at 245 Summer Street, Boston, Massachusetts; the broader Fidelity Conservative Income Bond series, of which this is the Class Z share, was incepted in March 2011. The fund distributes income monthly and maintains a low expense ratio of 0.20%, a TTM yield of 4.46%, and high credit quality with low distribution fee levels. No major acquisitions, partnerships, funding rounds, name changes, or strategic reorganizations have been reported for FCNYX in the last 1-2 years; the fund continues to emphasize active management of liquid, high-quality short-duration securities amid tight credit spreads and selective risk positioning as of late 2025.