Fidelity Investment Grade Securitized ETFFidelity Investment Grade Securitized ETFFidelity Investment Grade Securitized ETF

Fidelity Investment Grade Securitized ETF

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Key stats


Assets under management (AUM)
‪981.21 M‬USD
Fund flows (1Y)
‪996.26 M‬USD
Dividend yield (indicated)
3.11%
Discount/Premium to NAV
−0.2%

About Fidelity Investment Grade Securitized ETF


Issuer
FMR LLC
Brand
Fidelity
Expense ratio
0.36%
Inception date
Mar 2, 2021
Index tracked
No Underlying Index
Management style
Active
FSEC provides exposure mainly in investment-grade securitized debt securities by both government and non-government entities. It is an actively managed ETF that globally invests in debt securities that include asset-backed securities, residential and commercial mortgage-backed securities, and repurchase agreements for such securities. Investments are analyzed based on credit quality, security-specific features, current and potential future valuation, and trading opportunities. FSEC intends to have similar overall interest rate risk to the Bloomberg U.S. Securitized Index. At least 80% of the portfolio are investment-grade debt securities, of any maturity, with the remaining in high-yield. The fund can engage in transactions that have a leveraging effect to mitigate risk.

Classification


Asset Class
Fixed income
Category
Broad market, asset-backed
Focus
Investment grade
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

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows