FIGB – Fidelity Investment Grade Bd ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income. The fund normally invests at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. The adviser allocates assets across different market sectors and maturities. It invests in domestic and foreign issuers. The adviser analyzes the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FIGB	Fidelity Investment Grade Bond ETF	ETF	Open			Mar 2, 2021	$637.22M	0.360%	—	—	$402.88M

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