FSEC

Fund Description
The fund seeks a high level of current income. Normally investing at least 80% of assets in investment-grade securitized debt securities (those of medium and high quality) and repurchase agreements for those securities.
Fund Profile
Fund Name Fidelity Investment Grade Securitized ETF
Fund Exchange Ticker FSEC
Fund Sponsor Fidelity
Fund ISIN US3161887050
Net Expense Ratio 0.36 %
Fund Inception Date 2 March 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Non Government Asset Backed Securities
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Non - Government Asset Backed Securities
Credit Quality Investment Grade Only
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 3.28 Million (USD)
1 Month Total Return -3.51 %
Year To Date Return -10.65 %
1 Year Total Return -10.93 %
3 Year Annualized Total Return
NAV 43.7791
Share Outstanding 75,000
Top 10 Holdings (27 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
FIDELITY REVERE STR TR TAXABLE CENT CASH FD BOND 0.1800952270
FNMA TBA 30 YR 2 SINGLE FAMILY MORTGAGE BOND 0.0617593095
FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE BOND 0.0442090484
GNMA II TBA 30 YR 2.5 JUMBOS BOND 0.0347733502
FNMA TBA 30 YR 2 SINGLE FAMILY MORTGAGE BOND 0.0328976698
FED HM LN PC POOL SD7525 FR 10/50 FIXED 2.5 BOND 0.0290213195
FNMA TBA 15 YR 2 SINGLE FAMILY MORTGAGE BOND 0.0266638684
GNMA II POOL MA6996 G2 11/50 FIXED 3 BOND 0.0254222637
GNMA II TBA 30 YR 2 JUMBOS BOND 0.0252607926
FNMA POOL CA0607 FN 10/47 FIXED 3.5 BOND 0.0231884251