Fidelity Low Duration Bond Factor ETF
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.2%
1 yr return
6.5%
3 Yr Avg Return
3.7%
5 Yr Avg Return
2.6%
Net Assets
$467 M
Holdings in Top 10
15.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 40.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FLDR - Profile
Distributions
- YTD Total Return 5.2%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return 2.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.54%
- Dividend Yield 15.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Low Duration Bond Factor ETF
-
Fund Family NameFidelity Group of Funds
-
Inception DateJun 14, 2018
-
Shares Outstanding4600000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrandon Bettencourt
Fund Description
FLDR - Performance
Return Ranking - Trailing
Period | FLDR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.2% | -0.6% | 7.6% | 53.05% |
1 Yr | 6.5% | 1.8% | 9.2% | 23.47% |
3 Yr | 3.7%* | -1.3% | 6.9% | 39.51% |
5 Yr | 2.6%* | -0.9% | 4.7% | 36.84% |
10 Yr | N/A* | -4.2% | 27.9% | 29.27% |
* Annualized
Return Ranking - Calendar
Period | FLDR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.8% | -2.3% | 4.3% | 66.20% |
2022 | -2.4% | -6.5% | 0.5% | 61.17% |
2021 | -0.7% | -2.1% | 0.3% | 79.00% |
2020 | 0.8% | -3.1% | 1.8% | 20.83% |
2019 | 1.7% | -1.2% | 6.1% | 4.40% |
Total Return Ranking - Trailing
Period | FLDR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.2% | -0.6% | 7.6% | 53.05% |
1 Yr | 6.5% | 1.8% | 9.2% | 23.47% |
3 Yr | 3.7%* | -1.3% | 6.9% | 39.51% |
5 Yr | 2.6%* | -0.9% | 4.7% | 36.84% |
10 Yr | N/A* | -4.2% | 27.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FLDR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.3% | 0.8% | 12.1% | 26.76% |
2022 | -0.3% | -5.1% | 2.5% | 55.34% |
2021 | -0.2% | -2.1% | 14.5% | 83.00% |
2020 | 2.0% | -1.0% | 3.6% | 31.77% |
2019 | 4.5% | 0.3% | 9.6% | 4.95% |
FLDR - Holdings
Concentration Analysis
FLDR | Category Low | Category High | FLDR % Rank | |
---|---|---|---|---|
Net Assets | 467 M | 26.6 K | 22.6 B | 62.44% |
Number of Holdings | 279 | 2 | 1258 | 46.48% |
Net Assets in Top 10 | 82.4 M | 27.7 K | 22.7 B | 68.54% |
Weighting of Top 10 | 15.31% | 6.3% | 159.6% | 61.97% |
Top 10 Holdings
- Fidelity Cash Central Fund 2.89%
- UBS AG LON BRANCH FRN SOFR+93 09/11/2025 1.64%
- UST NOTES 1.375% 11/15/2031 1.49%
- UST NOTES 4.5% 11/15/2033 1.48%
- MORGAN STANLEY FRN SOFR+ 02/18/2026 1.43%
- UST NOTES 4% 02/15/2034 1.31%
- CATERPILLAR FINL SVCS CORP FRN VAR SOFR 06/13/2025 1.30%
- BMW US CAPITAL LLC FRN SFRIX+84 04/01/2025 144A 1.29%
- UST NOTES 3.375% 05/15/2033 1.26%
- UST NOTES 4.125% 11/15/2032 1.23%
Asset Allocation
Weighting | Return Low | Return High | FLDR % Rank | |
---|---|---|---|---|
Bonds | 96.77% | 0.00% | 129.63% | 15.96% |
Convertible Bonds | 13.07% | 0.00% | 15.25% | 1.42% |
Cash | 3.23% | 0.00% | 112.72% | 58.69% |
Stocks | 0.00% | 0.00% | 97.16% | 93.90% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 91.55% |
Other | 0.00% | -13.48% | 99.96% | 90.61% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FLDR % Rank | |
---|---|---|---|---|
Corporate | 83.33% | 0.00% | 99.91% | 2.36% |
Government | 10.57% | 0.00% | 100.00% | 32.08% |
Cash & Equivalents | 2.89% | 0.00% | 112.72% | 56.34% |
Derivative | 0.00% | -13.48% | 16.56% | 73.24% |
Securitized | 0.00% | 0.00% | 100.00% | 97.64% |
Municipal | 0.00% | 0.00% | 70.39% | 96.23% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FLDR % Rank | |
---|---|---|---|---|
US | 96.77% | 0.00% | 129.63% | 15.96% |
Non US | 0.00% | 0.00% | 20.18% | 92.02% |
FLDR - Expenses
Operational Fees
FLDR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.15% | 0.08% | 29.63% | 96.19% |
Management Fee | 0.15% | 0.00% | 1.19% | 11.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
FLDR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
FLDR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | 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.
FLDR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 40.00% | 0.00% | 336.00% | 17.88% |
FLDR - Distributions
Dividend Yield Analysis
FLDR | Category Low | Category High | FLDR % Rank | |
---|---|---|---|---|
Dividend Yield | 15.08% | 0.00% | 8.76% | 11.27% |
Dividend Distribution Analysis
FLDR | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
FLDR | Category Low | Category High | FLDR % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.54% | -1.30% | 14.86% | 43.90% |
Capital Gain Distribution Analysis
FLDR | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.630 | OrdinaryDividend |
Oct 30, 2024 | $0.216 | OrdinaryDividend |
Sep 27, 2024 | $0.229 | OrdinaryDividend |
Aug 29, 2024 | $0.241 | OrdinaryDividend |
Jul 30, 2024 | $0.225 | OrdinaryDividend |
Jun 27, 2024 | $0.252 | OrdinaryDividend |
Apr 26, 2024 | $0.247 | OrdinaryDividend |
Mar 26, 2024 | $0.216 | OrdinaryDividend |
Feb 27, 2024 | $0.233 | OrdinaryDividend |
Jan 29, 2024 | $0.233 | OrdinaryDividend |
Dec 27, 2023 | $0.243 | OrdinaryDividend |
Nov 28, 2023 | $0.238 | OrdinaryDividend |
Oct 27, 2023 | $0.231 | OrdinaryDividend |
Sep 27, 2023 | $0.229 | OrdinaryDividend |
Aug 29, 2023 | $0.237 | OrdinaryDividend |
Jul 27, 2023 | $0.209 | OrdinaryDividend |
Jun 28, 2023 | $0.227 | OrdinaryDividend |
May 26, 2023 | $0.223 | OrdinaryDividend |
Apr 26, 2023 | $0.217 | OrdinaryDividend |
Mar 29, 2023 | $0.190 | OrdinaryDividend |
Feb 24, 2023 | $0.208 | OrdinaryDividend |
Jan 27, 2023 | $0.180 | OrdinaryDividend |
Dec 28, 2022 | $0.219 | OrdinaryDividend |
Nov 28, 2022 | $0.169 | OrdinaryDividend |
Oct 27, 2022 | $0.140 | OrdinaryDividend |
Sep 28, 2022 | $0.110 | OrdinaryDividend |
Aug 29, 2022 | $0.110 | OrdinaryDividend |
Jul 27, 2022 | $0.081 | OrdinaryDividend |
Jun 28, 2022 | $0.065 | OrdinaryDividend |
May 26, 2022 | $0.046 | OrdinaryDividend |
Apr 27, 2022 | $0.035 | OrdinaryDividend |
Mar 29, 2022 | $0.023 | OrdinaryDividend |
Feb 24, 2022 | $0.025 | OrdinaryDividend |
Jan 27, 2022 | $0.012 | OrdinaryDividend |
Dec 29, 2021 | $0.030 | OrdinaryDividend |
Nov 26, 2021 | $0.021 | OrdinaryDividend |
Oct 27, 2021 | $0.020 | OrdinaryDividend |
Sep 28, 2021 | $0.019 | OrdinaryDividend |
Aug 27, 2021 | $0.020 | OrdinaryDividend |
Jul 28, 2021 | $0.021 | OrdinaryDividend |
Jun 28, 2021 | $0.022 | OrdinaryDividend |
May 26, 2021 | $0.021 | OrdinaryDividend |
Apr 28, 2021 | $0.023 | OrdinaryDividend |
Mar 29, 2021 | $0.019 | OrdinaryDividend |
Feb 24, 2021 | $0.025 | OrdinaryDividend |
Jan 27, 2021 | $0.017 | OrdinaryDividend |
Dec 29, 2020 | $0.029 | OrdinaryDividend |
Nov 25, 2020 | $0.025 | OrdinaryDividend |
Oct 28, 2020 | $0.022 | OrdinaryDividend |
Sep 28, 2020 | $0.026 | OrdinaryDividend |
Aug 27, 2020 | $0.028 | OrdinaryDividend |
Jul 29, 2020 | $0.040 | OrdinaryDividend |
Jun 26, 2020 | $0.048 | OrdinaryDividend |
May 27, 2020 | $0.062 | OrdinaryDividend |
Apr 28, 2020 | $0.078 | OrdinaryDividend |
Mar 27, 2020 | $0.091 | OrdinaryDividend |
Feb 26, 2020 | $0.089 | OrdinaryDividend |
Jan 29, 2020 | $0.087 | OrdinaryDividend |
Dec 27, 2019 | $0.141 | OrdinaryDividend |
Nov 26, 2019 | $0.101 | OrdinaryDividend |
Oct 29, 2019 | $0.096 | OrdinaryDividend |
Sep 26, 2019 | $0.097 | OrdinaryDividend |
Aug 28, 2019 | $0.104 | OrdinaryDividend |
Jul 29, 2019 | $0.111 | OrdinaryDividend |
Jun 26, 2019 | $0.119 | OrdinaryDividend |
May 29, 2019 | $0.126 | OrdinaryDividend |
Apr 26, 2019 | $0.125 | OrdinaryDividend |
Mar 27, 2019 | $0.111 | OrdinaryDividend |
Feb 26, 2019 | $0.140 | OrdinaryDividend |
Jan 29, 2019 | $0.091 | OrdinaryDividend |
Dec 27, 2018 | $0.114 | OrdinaryDividend |
Nov 28, 2018 | $0.107 | OrdinaryDividend |
Oct 29, 2018 | $0.089 | OrdinaryDividend |
Sep 26, 2018 | $0.101 | OrdinaryDividend |
Aug 29, 2018 | $0.110 | OrdinaryDividend |
Jul 27, 2018 | $0.108 | OrdinaryDividend |
Jun 27, 2018 | $0.057 | OrdinaryDividend |
FLDR - Fund Manager Analysis
Managers
Brandon Bettencourt
Start Date
Tenure
Tenure Rank
Jun 12, 2018
3.97
4.0%
Since joining Fidelity Investments in 2008, Brandon Bettencourt has worked as a research associate, portfolio analyst, and portfolio manager.
Richard Munclinger
Start Date
Tenure
Tenure Rank
Oct 01, 2020
1.66
1.7%
Richard Munclinger is a portfolio manager in the Fixed Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Munclinger is responsible for managing all of Fidelity's fixed income index funds, as well as the inflation-protected debt sub-portfolio of Fidelity and Fidelity Advisor Strategic Real Return Funds. Prior to assuming his current position, Mr. Munclinger was a quantitative analyst working with the Core/Core Plus/Tactical Bond investment team on asset allocation and risk management. Prior to joining Fidelity in August 2016, Mr. Munclinger worked as a senior quantitative an analyst at State Street Global Advisors (SSgA). Previously, he was a model validation manager at Freddie Mac and an economist at International Monetary Fund. He has been in the financial industry since 2014. Mr. Munclinger earned his bachelor of science degree in finance from the University of Cape Town. Additionally, he earned his master of science degree, as well as his PhD, in finance from George Washington University. He is also a CFA® charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.52 | 7.92 |