The fund seeks a high level of income. The fund may also seek capital appreciation. Normally investing at least 80% of the fund's assets in debt securities rated below investment grade (also referred to as high yield debt securities or junk bonds) of companies that Fidelity Management & Research Company LLC (FMR) believes have proven or improving sustainability practices based on an evaluation of such companies' individual environmental, social and governance (ESG) profile.
The FSYD ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.