Fidelity Corporate Bond ETF

Fidelity Corporate Bond ETF is an actively managed fixed income exchange-traded fund designed to provide a high level of current income through exposure to investment-grade corporate bonds and other corporate debt securities. Managed by Fidelity, it typically maintains a portfolio structure centered on the corporate credit market while using repurchase agreements for efficient cash management. The fund is built for investors seeking broad access to U.S. corporate debt within a liquid ETF wrapper, with a focus on credit quality and interest-rate risk management relative to a U.S. credit bond benchmark. Fidelity Corporate Bond ETF plays a practical role in the market as a diversified vehicle for gaining corporate bond exposure across sectors and issuers, making it a core fixed income allocation tool for portfolios that emphasize income generation and credit market participation.