• NAV $12.13 14-Jul-2026
  • $0.05 / 0.41% Daily NAV change
  • 8.13% YTD return
  • MARKET PRICE 14-Jul-2026
  • $12.13   
  • Inception 16-May-2024
  • Aggregate assets
    (all series)     $9.739B
    30-Jun-2026
  • Units outstanding 6,385,000
    14-Jul-2026
  • Management fee 0.75%
  • MER 0.96%
    30-Sep-2025
  • Investment program DRIP
  • Distributions
  • Trailing 12 month yield 2.68%
    03-Jul-2026
  • Benchmark None
  • Exchange Toronto Stock Exchange
  • CUSIP 31642L664
  • Morningstar category Tactical Balanced
  • Get ETF Facts

End investment

Annualized return

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Start NAV

$10.0000

End NAV

$10.4031
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Why invest in this fund?

  • A diversified income solution that can offer the potential for enhanced yield.
  • Employs active asset allocation to take advantage of market opportunities.
  • Leverages  Fidelity’s global resources and expertise in high-income investing.

Calendar returns (%) 30-Jun-2026

YTD 2026 2025
ETF (NAV) 8.20 8.57
ETF (Market price) 8.19 8.43

Standard period returns (%) 30-Jun-2026

1 mo 3 mo 6 mo 1 yr Inception†
ETF (NAV) -0.76 4.60 8.20 17.16 12.52
ETF (Market price) -0.94 4.42 8.19 17.50 11.79

Risk measures (%) 30-Jun-2026

Fund
Annualized standard deviation 9.11
Beta 1.02
R² 0.70

Risk classification

  1. Low
  2. Low to medium
  3. Medium
  4. Medium to high
  5. High

This fund has a low to medium volatility rating

Allocation

Asset mix (%)

31-May-2026

Country mix (%)

31-May-2026

Sector mix (%)

31-May-2026
12 months ago Last month Current month
Technology & Electronics 17.9 16.0 23.5
Sovereign 18.1 20.3 23.5
Government Guaranteed - 27.4 13.5
Energy 10.8 8.5 9.6
Basic Industry 4.0 4.6 4.5
Media 4.8 4.4 4.2
Health Care - 3.4 3.9
Services - 3.4 3.8
Retail 5.0 3.3 3.5
Capital Goods 4.6 1.8 2.8

Top ten holdings

  1. USTB 4.75% 02/15/56
  2. USTN 4.375% 05/15/36
  3. STRATEGY INC SER A 10% PERP PF
  4. INTERNATIONAL SEAWAYS INC
  5. DHT Holdings
  6. Alphabet, Cl. A
  7. Amazon.com
  8. Nvidia
  9. ALMONTY INDS INC
  10. USTB 5% 05/15/56
Total number of holdings 264
Top ten holdings aggregate 36.5%
  1. UST BILLS 0% 09/03/26
  2. STRATEGY INC SER A 10% PERP PF
  3. DHT Holdings
  4. INTERNATIONAL SEAWAYS INC
  5. USTB 4.75% 02/15/56
  6. Alphabet, Cl. A
  7. STRATEGY INC STEP PERP PFD
  8. BOEING CO 6% SER A PC
  9. USTB 4.75% 05/15/55
  10. ECHOSTAR CORP CPIK VAR 11/30
Total number of holdings 288
Top ten holdings aggregate 48.5%
  1. USTB 1.875% 02/15/51
  2. USTB 1.25% 05/15/50
  3. STRATEGY INC 9%/VAR PERP PFD
  4. STRATEGY INC SER A 10% PERP PF
  5. ECHOSTAR CORP CPIK VAR 11/30
  6. Alphabet, Cl. A
  7. DHT Holdings
  8. INTERNATIONAL SEAWAYS INC
  9. TransAlta Corporation
  10. NOTA DO TESOURO 10% 01/01/27
Total number of holdings 334
Top ten holdings aggregate 39.2%
  1. USTB 1.875% 02/15/51
  2. USTB 1.25% 05/15/50
  3. TransAlta Corporation
  4. Capital Power
  5. DHT Holdings
  6. Nvidia
  7. STRATEGY INC SER A 10% PERP PF
  8. NOTA DO TESOURO 10% 01/01/27
  9. STRATEGY INC 9%/VAR PERP PFD
  10. Alphabet, Cl. A
Total number of holdings 375
Top ten holdings aggregate 32.1%
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