Key stats
About Fidelity Investment Grade Securitized ETF
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Inception date
Mar 2, 2021
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FSEC provides exposure mainly in investment-grade securitized debt securities by both government and non-government entities. It is an actively managed ETF that globally invests in debt securities that include asset-backed securities, residential and commercial mortgage-backed securities, and repurchase agreements for such securities. Investments are analyzed based on credit quality, security-specific features, current and potential future valuation, and trading opportunities. FSEC intends to have similar overall interest rate risk to the Bloomberg U.S. Securitized Index. At least 80% of the portfolio are investment-grade debt securities, of any maturity, with the remaining in high-yield. The fund can engage in transactions that have a leveraging effect to mitigate risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized132.72%
Government1.64%
Agency0.21%
Corporate0.04%
Cash−34.62%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FSEC invests in bonds. The fund's major sectors are Securitized, with 132.72% stocks, and Government, with 1.64% of the basket. The assets are mostly located in the N/A region.
FSEC last dividends amounted to 0.14 USD. The month before, the issuer paid 0.11 USD in dividends, which shows a 26.57% increase.
FSEC assets under management is 3.70 B USD. It's risen 9.03% over the last month.
FSEC fund flows account for 3.80 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FSEC pays dividends to its holders with the dividend yield of 3.16%. The last dividend (May 1, 2025) amounted to 0.14 USD. The dividends are paid monthly.
FSEC shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Mar 2, 2021, and its management style is Active.
FSEC expense ratio is 0.36% meaning you'd have to pay 0.36% of your investment to help manage the fund.
FSEC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FSEC invests in bonds.
FSEC price has fallen by −1.17% over the last month, and its yearly performance shows a 1.91% increase. See more dynamics on FSEC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.13% over the last month, have fallen by −0.13% over the last month, showed a −0.13% decrease in three-month performance and has increased by 5.05% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.13% over the last month, have fallen by −0.13% over the last month, showed a −0.13% decrease in three-month performance and has increased by 5.05% in a year.
FSEC trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.