Fidelity High Yield Factor ETF (FDHY)
|Ex-Dividend Date||Sep 28, 2021|
|Day's Range||55.69 - 55.80|
|Inception Date||Jun 12, 2018|
The investment seeks a high level of income. The fund normally invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). It uses the ICE® BofA® BB-B US High Yield Constrained Index as a guide in structuring the fund and selecting its investments as it relates to credit quality distribution and risk characteristics. The fund normally invests primarily in securities rated BB or B by S&P, Ba or B by Moody's, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMRC to be of comparable quality.
Top 10 Holdings14.15% of assets
|Fidelity Revere Str Tr||N/A||4.10%|
|Occidental Petroleum Corporation 6.125%||N/A||1.38%|
|TransDigm, Inc. 6.25%||N/A||1.28%|
|Trinet Group Inc 3.5%||N/A||1.11%|
|Molina Healthcare, Inc. 4.375%||N/A||1.08%|
|Resideo Funding Inc. 4%||N/A||1.08%|
|Topbuild Corporation 3.625%||N/A||1.06%|
|GFL Environmental Inc. 4.375%||N/A||1.03%|
|Fair Isaac Corporation 4%||N/A||1.03%|
|Carvana Co 5.5%||N/A||1.01%|
|Sep 28, 2021||$0.189||Oct 1, 2021|
|Aug 27, 2021||$0.184||Sep 1, 2021|
|Jul 28, 2021||$0.189||Aug 2, 2021|
|Jun 28, 2021||$0.184||Jul 1, 2021|
|May 26, 2021||$0.184||Aug 1, 2021|
|Apr 28, 2021||$0.171||May 3, 2021|
Here's why investors are piling into junk bonds
CNBC's Dom Chu discusses why investors are piling into junk bonds with Michael Contopoulos of Richard Bernstein Advisors.
BOSTON--(BUSINESS WIRE)-- #ETF--Fidelity Investments launches new active fixed income ETF, Fidelity Preferred Securities & Income ETF.
Active management helps provide investors with dynamic capital allocation, and with the Fidelity High Yield Factor ETF (FDHY) that strategy can be applied to high yield debt. As the world continues to c...