FSEC: MBS Fund From Fidelity, Intermediate Duration
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FSEC is an intermediate duration fixed income ETF focused on investment-grade MBS securities, with a 5.3-year duration and a 4.34% SEC yield. The fund's performance is sensitive to intermediate rates movements, with potential gains as rates decrease. It holds predominantly AAA-rated MBS, minimizing credit risk.
November 19, 2024 | 4:45 am
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FSEC is an intermediate duration ETF focused on investment-grade MBS, with a 5.3-year duration and a 4.34% SEC yield. It is sensitive to intermediate rate movements, with potential gains as rates decrease.
FSEC's performance is directly tied to movements in intermediate interest rates. As rates decrease, the ETF is expected to see capital gains due to its focus on investment-grade MBS. The AAA rating of its holdings minimizes credit risk, making it an attractive option for investors seeking stability and potential gains.
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