Key stats
About Fidelity Investment Grade Bond ETF
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Inception date
Mar 2, 2021
Structure
Open-Ended Fund
Replication method
Physical
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.
ISIN
US3161886060
FIGB is an actively managed fund that invests primarily in investment grade debt securities and repurchase agreements for those securities, though it may also allocate a smaller portion to high yield debt. The fund aims to cast a wide net by investing in domestic and foreign issuers, across different market sectors and maturities. Credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities are analyzed when selecting securities. Derivatives may be utilized to manage the funds risks.
Related funds
Classification
What's in the fund
Exposure type
Government
Securitized
Corporate
Stock breakdown by region
Top 10 holdings
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.
FIGB assets under management is 247.81 M 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.
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.
FIGB invests in bonds. See more details in our Analysis section.
FIGB 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, FIGB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, FIGB pays dividends to its holders with the dividend yield of 4.13%.
FIGB shares are issued by FMR LLC
FIGB 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.