FDHY 48.99 Fidelity High Yield Factor ETF
| Range: | 44.64-49.79 | Vol Avg: | 31015 | Last Div: | 3.16 | Changes: | 0.21 |
| Beta: | 0.89 | Cap: | 0.34B | Currency: | USD | Exchange: | AMEX |
| Sector: | Financial Services | IPO: | Thu Jun 14 2018 | Empoloyees: | |||
| CUSIP: | 316092618 | CIK: | 0000945908 | ISIN: | US3160926180 | Country: | US |
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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