Fidelity Corporate Bond ETFFidelity Corporate Bond ETFFidelity Corporate Bond ETF

Fidelity Corporate Bond ETF

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Key stats

Assets under management (AUM)
‪212.70 M‬USD
Fund flows (1Y)
‪63.46 M‬USD
Dividend yield (indicated)
4.01%
Discount/Premium to NAV
0.5%

About Fidelity Corporate Bond ETF

Issuer
FMR LLC
Brand
Fidelity
Expense ratio
0.36%
Inception date
Oct 6, 2014
Index tracked
No Underlying Index
Management style
Active
FCOR offers access to the same active strategy and management team of an existing Fidelity mutual fund (the Fidelity Corporate Bond Fund, FCBFX) but in a transparent and liquid ETF wrapper. The fund primarily focuses on corporate bonds but has the discretion to reach into the broader credit market. While using the Barclays US Credit Index (an investment-grade benchmark) to guide its duration target, FCOR has significant and evolving exposure to high-yield securities. Furthermore, it can use derivatives to boost its performance.

Classification

Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 29, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate88.97%
Government9.53%
Mutual fund0.77%
Cash0.67%
Securitized0.06%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows