Fidelity High Yield Factor ETF (FDHY)
|Ex-Dividend Date||Aug 29, 2022|
|Day's Range||44.37 - 44.67|
|Inception Date||Jun 12, 2018|
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). The advisor 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 FMR to be of comparable quality.
Top 10 Holdings18.39% of assets
|Fidelity Revere Str Tr||n/a||2.90%|
|TransDigm, Inc. 6.25%||TDG 6.25 03.15.26 144A||2.34%|
|YUM Brands Inc 5.375%||YUM 5.375 04.01.32||2.07%|
|New Fortress Energy Inc. 6.5%||NFE 6.5 09.30.26 144A||1.97%|
|FMG Resources (August 2006) Pty Ltd. 5.875%||FMGAU 5.875 04.15.30 144A||1.75%|
|Performance Food Group Company 4.25%||PFGC 4.25 08.01.29 144A||1.74%|
|Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 5.25%||IEP 5.25 05.15.27||1.60%|
|Allison Transmission Inc. 3.75%||ALSN 3.75 01.30.31 144A||1.45%|
|Occidental Petroleum Corporation 6.125%||OXY 6.125 01.01.31||1.31%|
|TransDigm, Inc. 4.875%||TDG 4.875 05.01.29||1.26%|
|Aug 29, 2022||$0.200||Sep 1, 2022|
|Jul 27, 2022||$0.207||Aug 1, 2022|
|Jun 28, 2022||$0.199||Jul 1, 2022|
|May 26, 2022||$0.202||Jun 1, 2022|
|Apr 27, 2022||$0.196||May 2, 2022|
|Mar 29, 2022||$0.194||Apr 1, 2022|
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...