Fidelity Enhanced High Yield ETF trades under ticker FDHY on NYSE as an ETF. Use this page to review its market price, share price, dividends, and price history. The page also shows High Yield Bond exposure. Identifiers: ISIN US3160926180, CUSIP 316092618.
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About the Company
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.