(FIGB) Fidelity Investment Grade - Overview
ETF Category: Intermediate Core Bond | Exchange: NYSE ARCA (USA) | Market Cap: 488m USD | Total Return: 5.2% in 12m
Avg Turnover: 2.86M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Fidelity Investment Grade Bond ETF (FIGB) focuses on a diversified portfolio where at least 80% of assets are allocated to investment-grade debt securities. These include corporate, government, and mortgage-backed obligations characterized by a lower risk of default compared to high-yield or junk bonds. The fund’s management team actively selects domestic and foreign issuers based on credit quality, valuation metrics, and specific security features across various maturities.
The intermediate core bond sector serves as a foundational component for many portfolios, typically offering a balance between interest rate sensitivity and yield. Investment-grade bonds are rated BBB- or higher by major agencies, reflecting the issuers strong capacity to meet financial commitments. Investors can use ValueRay to further analyze how FIGBs expense ratio and credit distribution compare to its peers. The funds strategy utilizes repurchase agreements to manage short-term liquidity and enhance potential returns within the fixed-income market.
- Federal Reserve interest rate pivots dictate underlying bond valuation and fund NAV
- Credit spread volatility impacts performance relative to benchmark investment-grade corporate debt
- U.S. Treasury yield curve shifts alter total return and duration risk
- Institutional capital flows into fixed-income ETFs drive liquidity and secondary market pricing
- Corporate default rate fluctuations influence credit quality assessments of core holdings
As of May 30, 2026, the stock is trading at USD 42.89 with a total of 76,123 shares traded.
Over the past week, the price has changed by +0.84%,
over one month by +0.32%,
over three months by -1.40% and
over the past year by +5.22%.
Fidelity Investment Grade has no consensus analysts rating.