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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
0.36% 0.13% 290.08M 50905.00
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
2.52% 31.00% 139.68M Upgrade

Basic Info

Investment Strategy
The investment seeks a high level of current income. Normally, the fund invests at least 80% of its assets in investment-grade corporate bonds and other corporate debt securities and repurchase agreements for those securities. It is managed to have similar overall interest rate risk to the Bloomberg Barclays U.S. Credit Bond Index. The fund invests in lower-quality debt securities.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Extensive Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Category Index BBgBarc US Corp Bond TR USD
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name Fidelity Investments
Prospectus Benchmark Index
BBgBarc US Credit TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
David Prothro 6.49 yrs
Matthew Bartlett 4.45 yrs
Benjamin Tarlow 1.25 yrs
Jay Small 0.25 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 43
139.68M
-506.92M Category Low
14.97B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of March 31, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
--
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 21, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
--
-2.22%
7.55%
6.12%
-3.04%
14.87%
11.35%
-3.61%
5.97%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-2.43%
12.11%
0.62%
10.12%
13.35%
-11.56%
30.90%
12.83%
-9.49%
--
--
--
--
--
15.56%
12.62%
-3.39%
7.39%
1.92%
15.49%
15.76%
-12.34%
23.14%
6.71%
-4.36%
--
--
--
--
-2.05%
15.43%
11.24%
-2.99%
As of April 21, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (4-22-21) 2.52%
30-Day SEC Yield (3-31-21) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 3.49%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of April 20, 2021

Asset Allocation

As of April 20, 2021.
Type % Net % Long % Short
Cash 3.15% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 92.63% Upgrade Upgrade
Convertible 4.21% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Fidelity Revere Str Tr
3.15% -- --
United States Treasury Bonds 1.88%
2.86% -- --
CLECO CORPORATE HOLDINGS LLC 3.74%
0.86% -- --
The Boeing Company 5.04%
0.73% -- --
NatWest Group plc 6%
0.72% -- --
Carrier Global Corporation 2.7%
0.70% -- --
Cigna Corporation 4.12%
0.65% -- --
Citigroup Inc. 4.4%
0.65% -- --
Bank of America Corporation 2.68%
0.62% -- --
The TJX Companies Inc. 3.75%
0.61% -- --

Basic Info

Investment Strategy
The investment seeks a high level of current income. Normally, the fund invests at least 80% of its assets in investment-grade corporate bonds and other corporate debt securities and repurchase agreements for those securities. It is managed to have similar overall interest rate risk to the Bloomberg Barclays U.S. Credit Bond Index. The fund invests in lower-quality debt securities.
General
Security Type Exchange-Traded Fund
Equity Style --
Fixed Income Style Medium Quality/Extensive Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Corporate Bond
Category Index BBgBarc US Corp Bond TR USD
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name Fidelity Investments
Prospectus Benchmark Index
BBgBarc US Credit TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
David Prothro 6.49 yrs
Matthew Bartlett 4.45 yrs
Benjamin Tarlow 1.25 yrs
Jay Small 0.25 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (4-22-21) 2.52%
30-Day SEC Yield (3-31-21) Upgrade
7-Day SEC Yield --
Number of Holdings Upgrade
Bond
Current Yield 3.49%
Yield to Maturity --
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of April 20, 2021

Fund Details

Key Dates
Inception Date 10/6/2014
Last Annual Report Date 8/31/2020
Last Prospectus Date 12/30/2020
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No