FDHY 48.93 Stock Price Fidelity High Yield Factor ETF
Range: | 46.29-49.79 | Vol Avg: | 34481 | Last Div: | 3.14 | Changes: | 0.04 |
Beta: | 0.87 | Cap: | 0.35B | Currency: | USD | Exchange: | AMEX |
Sector: | Financial Services | IPO: | Thu Jun 14 2018 | Empoloyees: | |
CUSIP: | 316092618 | CIK: | 0000945908 | ISIN: | US3160926180 | Country: | US |
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The fund normally invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). The advisor uses the ICE® BofA® BB-B US High Yield Constrained Index as a guide in structuring the fund and selecting its investments as it relates to credit quality distribution and risk characteristics. The fund normally invests primarily in securities rated BB or B by S&P, Ba or B by Moody's, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality.
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