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Fidelity Covington Trust - Fidelity Total Bond ETF
Fidelity Covington Trust - Fidelity Total Bond ETF
FBND

Fidelity Covington Trust - Fidelity Total Bond ETF

$52.871.27%

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Key Stats

Open
52.85
Today Low/High
52.85 / 52.88
52 Week Low/High
$51.71 / $54.01
Market Cap
$2.02B
Expense Ratio
0.0036
Total Assets
$1.92B
Yield
2.05

Company Details

The investment seeks a high level of current income. Normally, the fund invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. It uses the Bloomberg Barclays U.S. Universal Bond Index as a guide in allocating assets across the investment-grade, high yield, and emerging market asset classes. The fund invests up to 20% of assets in lower-quality debt securities. It is managed to have similar overall interest rate risk to the index.
Organisation
Fidelity Covington Trust - Fidelity Total Bond ETF
Industry
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