- What are the top holdings of FTBD?
- Fidelity Tactical Bond ETF holds 302 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does FTBD have?
- FTBD holds 302 positions as reported by the fund's most recent disclosure.
- What sectors does FTBD invest in?
- Fidelity Tactical Bond ETF (FTBD) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is FTBD most exposed to?
- FTBD's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is FTBD a US-only fund?
- The country allocation card on this page shows FTBD's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does FTBD invest in?
- FTBD actively invests in a wide range of US and foreign fixed-income securities including corporate bonds, government debt, securitized securities, floating rate loans, TIPS, as well as convertibles, and preferred stocks. The adviser uses a quantitative and qualitative approach to security selection which considers several factors such as credit quality, security-specific features, and current and potential valuation. In seeking a high level of current income, the fund tactically allocates to investment-grade and high-yield bonds by actively shifting from one rating to another depending on perceived opportunities. Management techniques are used to minimize various risk exposure like sector rotation, asset allocation, and fundamental analysis. The fund may hold both USD- and non-USD-denominated securities while utilizing forward foreign currency exchange contracts. It may also hold a significant portion in derivatives to have a leveraging effect on the fund.
