FIDELITY MERRIMACK STR TR

About

Fidelity Merrimack Str Tr (FBND) is an actively managed exchange-traded fund that seeks to provide high current income by investing primarily in U.S. dollar-denominated fixed-income securities. The fund employs a flexible, multi-sector approach, allocating assets across various bond types, including corporate, government, and mortgage-backed securities. Its investment strategy focuses on identifying opportunities across the credit spectrum while actively managing duration and risk.