Fidelity Preferred Securities & Inc ETF (FPFD)
21.33
-0.05
(-0.26%)
USD |
BATS |
May 10, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.59% | 0.45% | 36.08M | 10103.20 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
4.91% | 50.00% | 3.095M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks high total return through a combination of current income and capital appreciation. The fund normally invests at least 80% of the fund's assets in preferred securities and other income-producing securities. It normally invests in all types of preferred securities and other income-producing securities such as contingent convertible securities and corporate hybrid securities. The fund primarily invests in securities rated at least BB by S&P, Ba by Moodys, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Preferred Stock |
Category Index | ICE BofA Fxd Rate Pref TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | Fidelity Investments |
Prospectus Benchmark Index | |
ICE BofA US All Captl TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Adam Kramer | 2.88 yrs |
Brian Chang | 2.88 yrs |
Rick Gandhi | 0.33 yrs |
Performance Versus Category
As of May 10, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 10, 2024.
Basic Info
Investment Strategy | |
The investment seeks high total return through a combination of current income and capital appreciation. The fund normally invests at least 80% of the fund's assets in preferred securities and other income-producing securities. It normally invests in all types of preferred securities and other income-producing securities such as contingent convertible securities and corporate hybrid securities. The fund primarily invests in securities rated at least BB by S&P, Ba by Moodys, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | -- |
Fixed Income Style | -- |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Preferred Stock |
Category Index | ICE BofA Fxd Rate Pref TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | Fidelity Investments |
Prospectus Benchmark Index | |
ICE BofA US All Captl TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Adam Kramer | 2.88 yrs |
Brian Chang | 2.88 yrs |
Rick Gandhi | 0.33 yrs |