FPFD is a hybrid capital security, not common stock.
This listing is a capital note, preference share, or similar instrument associated with Fidelity Preferred Securities & Income ETF. Data providers report company-level figures against it, so fundamentals, valuation multiples, and dividend history on this page describe the issuing company — not this instrument — and its market capitalization cannot be computed reliably, so it is not shown. The quoted price is the instrument's own.

See exactly how FPFD's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for FPFD and 80,000+ other tickers.
This exchange-traded fund is intended for investors with a higher risk tolerance who are pursuing significant aggregate returns, achieved through both regular distributions and an increase in the investment's value.

Fidelity Investments is one of the largest asset managers in the world with a full menu of investment vehicles.

Retirees are liking exchange-traded funds (ETFs) that offer dividends, but many of them pay out quarterly.

Market volatility is many investors' bane. Adding current income could really help bolster portfolios dealing with a volatile market.

Have clients nearing retirement? Nearing retirement yourself?

Income generating ETFs remain popular given the market uncertainty and volatility of the last two years. While income investors do not lack choices, preferred securities are a type of “hybrid” investment that shares characteristics of both stocks and bonds.