Description: The investment seeks high total return through a combination of current income and capital appreciation. The fund normally invests at least 80% of the fund's assets in preferred securities and other income-producing securities. It normally invests in all types of preferred securities and other income-producing securities such as contingent convertible securities and corporate hybrid securities. The fund primarily invests in securities rated at least BB by S&P, Ba by Moodys, comparably rated by at least one nationally recognized credit rating agency, or, if unrated, considered by FMR to be of comparable quality. It is non-diversified.
Exchange: BATS
Country: US
Currency: US Dollar ($)
Category: Preferred Stock
Asset Allocation | |||
---|---|---|---|
Asset Class | Long % | Short % | Net Assets |
NotClassified | 83.93 | 0.00 | 83.93 |
Bond | 12.03 | 0.00 | 12.03 |
Cash | 3.30 | 0.37 | 2.93 |
Other | 1.10 | 0.00 | 1.10 |
Sector Weights | ||
---|---|---|
Sector | Equity % | Relative to Category |
World Regions | ||
---|---|---|
Region | Equity % | Relative to Category |
North America | 0.00 | 93.44 |
United Kingdom | 0.00 | 6.56 |