FPFDFidelity Preferred Securities & Income ETF
Seeks high total return through a combination of current income and capital appreciation.
By Fidelity Investments · Launched 2021
Annual Cost
0.59%
#3,222 of 6,040 · average
Fund Size
$79M
#3,300 of 6,040 · mid-size
Return (1Y)
-0.7%
Track Record
5 years
#2,355 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$9,935-0.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 24.1% of funddiversified
Fidelity Revere Street Trust
5.8%
ENERGY TRANSFER LP
4.5%
BANK NEW YORK MELLON CORP
3.9%
ENBRIDGE INC
2.2%
SOUTHERN COMPANY
1.5%
GOLDMAN SACHS GROUP INC (THE)
1.3%
MORGAN STANLEY
1.3%
JPMORGAN CHASE and CO
1.2%
T-MOBILE USA INC
1.2%
BNP PARIBAS
1.2%
Asset allocation
Preferred
66.5%
Bonds
28.6%
Convertible
3.6%
Cash
3.4%
Other
1.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.0%Low
Year-on-year price swings
Max drawdown
-20.9%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.68Decent risk-adjusted returns
Sortino (3Y)
0.98Moderate downside risk
Bond profile
Duration
6.0 years
Avg maturity
10.0 years
Credit ratings
AAA
3.5%
A
7.2%
BBB
49.7%
BB
34.9%
B
1.5%
Below B
0.7%
Other
2.4%
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks high total return through a combination of current income and capital appreciation.
- Strategy
- Normally invests at least 80% of assets in preferred securities and other income-producing securities, including those rated at least BB or Ba. Concentrates on securities of issuers in the financial services sector, using fundamental analysis to select investments across domestic and foreign issuers.
- Inception date
- June 15, 2021
- Fund family
- Fidelity Investments
Similar funds
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Data updated on 2026-09-18