FDHY
Fidelity® High Yield Factor ETF
ICE BofA BB-B US HY Constnd TR USD
NAV as of
4 Week: 45.97 - 47.05
52 Week: 44.19 - 49.56
Latest Closing Price
45.99
Premium / Discount
0.3
Expense Ratio
0.45%
Investment Objective
The investment seeks a high level of income. The fund normally invests at least 80% of its assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds). The advisor uses the ICE® BofA® BB-B US High Yield Constrained Index as a guide in structuring the fund and selecting its investments as it relates to credit quality distribution and risk characteristics. The fund normally invests primarily in securities rated BB or B by S&P, Ba or B by Moody's, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -0.01 | 0.55 | -0.02 |
| 1 Day | 0.04 | 0.00 | 0.00 |
| 1 Week | -0.78 | 0.95 | -0.82 |
| 1 Month | -1.71 | 1.76 | -0.97 |
| 3 Months | 0.11 | 3.78 | 0.03 |
| 6 Months | -1.34 | 6.50 | -0.21 |
| 1 Year | -6.39 | 11.35 | -0.56 |
| 2 Years | -16.85 | 13.49 | -1.25 |
| 3 Years | -10.79 | 15.07 | -0.72 |
| 5 Years | 0.00 | 0.00 | 0.00 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 18.0808 | 10.6429 | 4.6950 | -11.5808 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 1.0000 | 4.0000 | 51.0000 | 69.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| N.A | ||
Portfolio Data
Total Number of Holdings: 288
Number of Bond Holdings: 286
Number of Equity Holdings: 0
Total Market Value: 272,535,012
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | TransDigm, Inc. 6.25% | 1.9590 | 1,500,000 | 0 | 1,603,508 |
| 2 | Brookfield Property Reit Inc/Bpr Cumulus Llc/Bpr N | 1.9150 | 1,500,000 | 0 | 1,567,500 |
| 3 | United Rentals (North America), Inc. 3.88% | 1.8584 | 1,500,000 | 0 | 1,521,180 |
| 4 | CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.38 | 1.6340 | 1,250,000 | 0 | 1,337,500 |
| 5 | Go Daddy Operating Company LLC and GD Finance Co I | 1.4763 | 1,140,000 | 0 | 1,208,400 |
| 6 | 1011778 B.C. Unlimited Liability Company / New Red | 1.3409 | 1,060,000 | 0 | 1,097,545 |
| 7 | Live Nation Entertainment, Inc. 4.75% | 1.2728 | 1,000,000 | 0 | 1,041,805 |
| 8 | Allied Universal Holdco LLC / Allied Universal Fin | 1.2361 | 950,000 | 0 | 1,011,750 |
| 9 | Ashtead Capital Incorporated 4% | 1.2293 | 1,000,000 | 0 | 1,006,250 |
| 10 | Stericycle, Inc. 5.38% | 1.2083 | 950,000 | 0 | 988,993 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| N.A | |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
286
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0 |
| Average Effective Maturity (Years)* | 0 |
| Average Credit Quality | 15.00 |
| Average Weighted Coupon* | 5.89 |
| Average Weighted Price* | 91.86 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 0.00 |
| AA | 0.00 |
| A | 0.00 |
| BBB | 7.14 |
| BB | 49.67 |
| B | 41.61 |
| Below B | 1.58 |
| Not Rated | 0.00 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 14.10 |
| 3 to 5 Years | 19.35 |
| 5 to 7 Years | 43.95 |
| 7 to 10 Years | 19.15 |
| 10 to 15 Years | 1.11 |
| 15 to 20 Years | 0.00 |
| 20 to 30 Years | 0.00 |
| Over 30 Years | 0.00 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.29 |
| 183 to 364 Days | 0.04 |
Data Source: Morningstar
© 2019 Morningstar. All Rights Reserved. The information, data, analyses and opinions (“Information”) contained herein:
(2) may not be copied or redistributed except as specifically authorised;
(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
(6) may be drawn from fund data published on various dates.
Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.
