FPFDFidelity Preferred Securities & Income ETF
FPFD Fund Description
FPFD actively invests in preferred and other income producing securities rated at least BB, issued by domestic and foreign issuers, with no specific target maturity.
FPFD Factset Analytics Insight
FPFD mainly invests in preferred securities and income-producing securities, such as contingent convertible securities and corporate hybrid securities. To be included in the fund, a security must have a rating of at least BB. FPFD aims to widen its reach by investing in both domestic and foreign issuers, across varying maturities. Since the fund is actively managed, the fund adviser uses fundamental analysis to buy and sell securities for the fund. Factors such as potential for success, industry position, economic and market conditions, security's structural features, current price vs long-term value, earnings potential, credit standing, and company’s management are considered. The fund is non-diversified and may invest a significant percentage of its assets in relatively few companies.
FPFD Summary Data
FPFD Portfolio Data
FPFD Index Data
FPFD Portfolio Management
FPFD Tax Exposures
FPFD Fund Structure
FPFD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FPFD. FPFD is rated a N/A out of 5.
FPFD Top 10 Holdings[View All]
FPFD Performance Statistics
FPFD Holdings Statistics
FPFD Avg Life Maturity Distribution
FPFD OAS Breakdown
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.