Fidelity Low Duration Bond ETF
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$373 M
Holdings in Top 10
37.5%
52 WEEK LOW AND HIGH
$50.4
$50.02
$50.60
Expenses
OPERATING FEES
Expense Ratio 0.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FLDB - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 5.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFidelity Low Duration Bond ETF
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 26, 2024
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
• Normally investing at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities.
• Normally maintaining a duration of 1 year or less.
• Managing the fund to have similar overall interest rate risk to the Bloomberg US Treasury Bill: 6‑9 Months Index.
• Normally maintaining a dollar-weighted average maturity of two years or less.
• Allocating assets across different market sectors and maturities.
• Investing more than 25% of total assets in the financial services industries.
• Investing in domestic and foreign issuers.
• Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments.
• Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives — such as swaps (interest rate, total return, and credit default), options, and futures contracts — and forward-settling securities, to adjust the fund’s risk exposure.
FLDB - Performance
Return Ranking - Trailing
Period | FLDB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | FLDB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | FLDB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FLDB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
FLDB - Holdings
Concentration Analysis
FLDB | Category Low | Category High | FLDB % Rank | |
---|---|---|---|---|
Net Assets | 373 M | N/A | N/A | N/A |
Number of Holdings | 379 | N/A | N/A | N/A |
Net Assets in Top 10 | 140 M | N/A | N/A | N/A |
Weighting of Top 10 | 37.53% | N/A | N/A | N/A |
Top 10 Holdings
- UST NOTES 3% 06/30/2024 15.64%
- Fidelity Cash Central Fund 10.35%
- UST NOTES 4.125% 01/31/2025 5.33%
- UST NOTES 4.75% 07/31/2025 3.21%
- HCA INC 5.375% 02/01/2025 0.54%
- BANK OF AMERICA CORPORATION 3.384%/VAR 04/02/2026 0.53%
- UST NOTES 4.25% 01/31/2026 0.50%
- CANADIAN NATL RESOURCES LTD 3.9% 02/01/2025 0.50%
- BPCE SA 2.375% 01/14/2025 144A 0.47%
- DISCOVER FINANCIAL SVS 3.75% 03/04/2025 0.46%
Asset Allocation
Weighting | Return Low | Return High | FLDB % Rank | |
---|---|---|---|---|
Bonds | 89.72% | N/A | N/A | N/A |
Cash | 10.35% | N/A | N/A | N/A |
Stocks | 0.00% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | FLDB % Rank | |
---|---|---|---|---|
Cash & Equivalents | 10.35% | N/A | N/A | N/A |
Derivative | 0.00% | N/A | N/A | N/A |
Securitized | 0.00% | N/A | N/A | N/A |
Corporate | 0.00% | N/A | N/A | N/A |
Municipal | 0.00% | N/A | N/A | N/A |
Government | 0.00% | N/A | N/A | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FLDB % Rank | |
---|---|---|---|---|
US | 89.72% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
FLDB - Expenses
Operational Fees
FLDB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.20% | N/A | N/A | N/A |
Management Fee | 0.20% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
FLDB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
FLDB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FLDB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
FLDB - Distributions
Dividend Yield Analysis
FLDB | Category Low | Category High | FLDB % Rank | |
---|---|---|---|---|
Dividend Yield | 5.05% | N/A | N/A | N/A |
Dividend Distribution Analysis
FLDB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly |
Net Income Ratio Analysis
FLDB | Category Low | Category High | FLDB % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
FLDB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 29, 2024 | $0.212 | OrdinaryDividend |
Jul 30, 2024 | $0.205 | OrdinaryDividend |
Jun 27, 2024 | $0.214 | OrdinaryDividend |
Apr 26, 2024 | $0.105 | OrdinaryDividend |
Mar 26, 2024 | $0.194 | OrdinaryDividend |