FIGBFidelity Investment Grade Bond ETF

Get income5y track recordRanked #475 of 1,622 in this goal

Seeks a high level of current income.

By Fidelity Investments · Launched 2021

Annual Cost

0.36%

#1,826 of 5,562 · low cost

Fund Size

$499M

#1,568 of 5,562 · large

Dividend YieldGoal

4.11%

Track Record

5 years

#2,322 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,429+4.3%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Index tracked

Bloomberg US Aggregate Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 33.4% of fund✓ well diversified

Fidelity Revere Street Trust

7.6%

FNMA/FHLG TBA ISSUER

3.8%

UST NOTES

3.6%

UST NOTES

3.3%

UNITED STATES TREASURY BOND

3.3%

UST NOTES

3.1%

UST NOTES

2.6%

FNMA/FHLG TBA ISSUER

2.2%

UST NOTES

2.0%

UST NOTES

1.9%

Asset allocation

Bonds

98.8%

Cash

9.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.0%Low

Year-on-year price swings

Max drawdown

-18.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.10Below average

Sortino (3Y)

0.15Moderate downside risk

Bond profile

Duration

4.2 years

Avg maturity

9.7 years

Credit ratings

US Government

46.7%

AAA

72.3%

3.1%

8.7%

BBB

15.4%

0.1%

Other

0.5%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks a high level of current income.
Strategy: Invests primarily in investment-grade debt securities, including corporate bonds, government securities, and asset-backed securities. The fund may also invest in lower-quality debt securities and use derivatives to adjust risk exposure. It aims to manage interest rate risk similar to the Bloomberg U.S. Aggregate Bond Index while allocating assets across various sectors and maturities, including domestic and foreign issuers.
Inception date: March 2, 2021
Fund family: Fidelity Investments