FCOR

Fidelity Corporate Bond ETF

$47.87

+0.00%

Market closed. Last update: 11:42 PM ET

📎 Investment Objective

The Fidelity Corporate Bond ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of investment-grade corporate bonds.

Overview

ETF tracking Fidelity Corporate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2014-10-09

Market Cap $277.6M

Average Volume N/A

Dividend Yield 3.65%

52-Week Range $45.66 - $48.72

VWAP $47.93

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Corporate Bond ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of investment-grade corporate bonds.

🎯 Investment Strategy

The ETF invests at least 80% of its assets in investment-grade corporate bonds. The fund's portfolio is actively managed, with the goal of outperforming the Bloomberg U.S. Corporate Bond Index over time.

✨ Key Features

Broad exposure to the investment-grade corporate bond market
Active management approach to security selection and portfolio construction
Potential for higher yields compared to government bonds
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline when interest rates rise
Credit risk: The risk that an issuer will default on its debt obligations
Liquidity risk: The risk that the fund may have difficulty selling certain securities at an advantageous time or price
Market risk: The risk that the overall bond market may decline, affecting the value of the fund's holdings

👤 Best For

The Fidelity Corporate Bond ETF may be suitable for investors seeking a diversified exposure to the investment-grade corporate bond market, with the potential for higher income generation compared to government bonds. This ETF may be appropriate for investors with a medium-term investment horizon and a moderate risk tolerance.