Fidelity Investment Grade Bond ETF
FIGB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Mar 4, 2021
- CIK
- 0001562565
- Website
- digital.fidelity.com
- Similar Companies
- Business
- Fidelity Investment Grade Bond ETF (FIGB) is an actively managed exchange-traded fund that seeks a high level of current income by normally investing at least 80% of its assets in investment-grade debt securities of medium and high quality of all types, including U.S. Treasuries, government-related bonds, corporate bonds, mortgage-backed securities pass-throughs, asset-backed securities, commercial mortgage-backed securities, and repurchase agreements for those securities; it benchmarks performance against the Bloomberg U.S. Aggregate Bond Index and provides investors one-stop access to a diverse group of U.S. high-grade bond sectors. Launched on March 2, 2021, and listed on NYSE Arca, the ETF is issued and managed by Fidelity Investments, with headquarters in Smithfield, Rhode Island; as of September 30, 2025, it holds approximately $254 million in portfolio assets across 634 holdings, features a weighted average maturity of 8.40 years and effective duration of 6.10 years, and maintains a net expense ratio of 0.36%. The fund targets intermediate core bond investors seeking competitive risk-adjusted performance through a team-based process emphasizing asset allocation, sector and security selection, yield-curve positioning, and opportunistic trading, primarily serving U.S. individual and institutional fixed-income investors. In recent developments within the last year, the portfolio management team expanded in October 2024 with the addition of Brian Day, CFA, Celso Muñoz, CFA, and Stacie Ware, PhD, alongside continuing manager Michael Plage, CFA, to enhance the fund's investment approach amid evolving market conditions including Federal Reserve rate cuts and yield curve steepening; the ETF has grown its assets under management while maintaining overweight positions in U.S. Treasurys, asset-backed securities, and commercial mortgage-backed securities relative to its benchmark, reflecting strategic adjustments to credit-sensitive sectors and longer-duration exposures.