Fidelity Corporate Bond ETF
FCOR

$48.56

0.02%

Market Cap: $236M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

69% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 13

6% more capital invested

Capital invested by funds: $51.8M [Q1] → $54.8M (+$3M) [Q2]

2.33% more ownership

Funds ownership: 23.96% [Q1] → 26.28% (+2.33%) [Q2]

2% less funds holding

Funds holding: 49 [Q1] → 48 (-1) [Q2]

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

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Research analyst outlook

We haven’t received any recent analyst ratings for FCOR.

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Financial journalist opinion

Why Now May Be an Exciting Time for Active Bond ETFs

The second half of 2024 appears increasingly favorable for actively managed bond ETFs. Michael Plage, CFA, portfolio manager at Fidelity Investments, talked active fixed income investing in the Third Quarter Fixed Income Symposium hosted on the VettaFi platform.

Why Now May Be an Exciting Time for Active Bond ETFs

The Credit Opportunity In M&A

M&A was almost dormant in 2023. In the US, as a proportion of the market value of the benchmark equity indices, it fell to its lowest level in 20 years, according to McKinsey. Credit investors are not traditionally supposed to be fans of M&A, and it's true we are wary of leveraging M&A, where debt is loaded onto balance sheets to buy competitors. We are seeing a comeback for M&A that we think is likely to continue through 2024.

The Credit Opportunity In M&A

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