FPFD
Fidelity Preferred Securities & Income ETF
📎 Investment Objective
The Fidelity Preferred Securities & Income ETF (FPFD) seeks to provide a high level of current income.
Overview
ETF tracking Fidelity Preferred Securities & Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Preferred Securities & Income ETF (FPFD) seeks to provide a high level of current income.
🎯 Investment Strategy
The ETF invests primarily in preferred securities and other income-producing securities. It aims to generate a high level of current income by investing in a diversified portfolio of preferred stocks and other income-producing securities.
✨ Key Features
- Focuses on preferred securities and other income-producing securities
- Seeks to provide a high level of current income
- Diversified portfolio to manage risk
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk: The value of preferred securities may decline when interest rates rise
- Credit risk: The issuer of a preferred security may default on its payments
- Liquidity risk: Preferred securities may have limited trading volume, making them difficult to sell
- Sector concentration risk: The fund may have significant exposure to the financial sector
👤 Best For
The Fidelity Preferred Securities & Income ETF may be suitable for investors seeking a high level of current income and who have a moderate risk tolerance. It may be particularly appealing to investors in retirement or those looking to generate regular income from their investments.