Fidelity Investment Grade Bond ETFFidelity Investment Grade Bond ETFFidelity Investment Grade Bond ETF

Fidelity Investment Grade Bond ETF

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Key stats


Assets under management (AUM)
‪230.62 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
4.17%
Discount/Premium to NAV
Shares outstanding
‪5.35 M‬
Expense ratio
0.36%

About Fidelity Investment Grade Bond ETF


Issuer
FMR LLC
Brand
Fidelity
Inception date
Mar 2, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
ISIN
US3161886060
FIGB is an actively managed fund that invests primarily in investment grade debt securities and repurchase agreements for those securities, though it may also allocate a smaller portion to high yield debt. The fund aims to cast a wide net by investing in domestic and foreign issuers, across different market sectors and maturities. Credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities are analyzed when selecting securities. Derivatives may be utilized to manage the funds risks.

Broaden your horizons with more funds linked to FIGB via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Securitized
Corporate
Stock breakdown by region
96%3%0.2%
Top 10 holdings

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FIGB assets under management is ‪230.62 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FIGB invests in bonds. See more details in our Analysis section.
FIGB expense ratio is 0.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FIGB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, FIGB pays dividends to its holders with the dividend yield of 4.17%.
FIGB shares are issued by FMR LLC
FIGB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 2, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.