Fidelity Investment Grade Securitized ETFFidelity Investment Grade Securitized ETFFidelity Investment Grade Securitized ETF

Fidelity Investment Grade Securitized ETF

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Key stats


Assets under management (AUM)
‪3.74 B‬USD
Fund flows (1Y)
‪3.73 B‬USD
Dividend yield (indicated)
3.16%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪87.95 M‬
Expense ratio
0.36%

About Fidelity Investment Grade Securitized ETF


Issuer
FMR LLC
Brand
Fidelity
Inception date
Mar 2, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
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


Asset Class
Fixed income
Category
Broad market, asset-backed
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Securitized
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FSEC via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FSEC trades at 42.68 USD today, its price has risen 0.52% in the past 24 hours. Track more dynamics on FSEC price chart.
FSEC net asset value is 42.63 today — it's fallen 0.13% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FSEC assets under management is ‪3.74 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FSEC price has fallen by −0.21% over the last month, and its yearly performance shows a 2.29% 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.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FSEC invests in bonds. See more details in our Analysis section.
FSEC expense ratio is 0.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FSEC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FSEC technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FSEC shows the sell signal. See more of FSEC technicals for a more comprehensive analysis.
Yes, FSEC pays dividends to its holders with the dividend yield of 3.16%.
FSEC trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FSEC shares are issued by FMR LLC
FSEC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 2, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.