Symbols

FCOR

Fidelity Corporate Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

341.08MUSD

Fund Flow (1Y)

97.46MUSD

Dividend Yield

4.86%

Discount / Premium to NAV

0.04%

Shares Outstanding

7.20M

Expense Ratio

0.36%

About Fidelity Corporate Bond ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

https://institutional.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=FCOR

Inception Date

Oct 6, 2014

Structure

Open-Ended Fund

Index Tracked

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.

FCOR offers access to the same active strategy and management team of an existing Fidelity mutual fund (the Fidelity Corporate Bond Fund, FCBFX) but in a transparent and liquid ETF wrapper. The fund primarily focuses on corporate bonds but has the discretion to reach into the broader credit market. While using the Barclays US Credit Index (an investment-grade benchmark) to guide its duration target, FCOR has significant and evolving exposure to high-yield securities. Furthermore, it can use derivatives to boost its performance.