Fidelity Low Duration Bond ETFFidelity Low Duration Bond ETFFidelity Low Duration Bond ETF

Fidelity Low Duration Bond ETF

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Key stats


Assets under management (AUM)
‪375.13 M‬USD
Fund flows (1Y)
‪1.26 M‬USD
Dividend yield (indicated)
4.82%
Discount/Premium to NAV
−0.05%
Shares outstanding
‪7.45 M‬
Expense ratio
0.20%

About Fidelity Low Duration Bond ETF


Issuer
FMR LLC
Brand
Fidelity
Inception date
Feb 26, 2024
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FLDB provides exposure to the broad fixed income space whilst targeting investment grade securities. It holds US and foreign bonds of any maturity but aims to maintain a dollar-weighted average portfolio maturity of two years or less, and duration of one year or less. The fund bases its security selection and portfolio structure on its benchmark index while employing active management. It also considers certain factors in the selection process including credit quality of the issuer, security-specific features, current valuation, short-term trading opportunities, and potential future valuation. The fund also assesses the markets overall risk characteristics, current pricing, and internal views of potential future market conditions to manage its risk exposure. In seeking to obtain a high level of current income and capital preservation, the fund may invest in derivatives if called for. Note that FLDB will allocate more than 25% of its portfolio to the financial services industry.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Securitized
Government
Stock breakdown by region
0.4%81%16%1%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to FLDB via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FLDB trades at 50.44 USD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on FLDB price chart.
FLDB net asset value is 50.36 today — it's risen 0.42% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FLDB assets under management is ‪375.13 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FLDB price has risen by 0.02% over the last month, and its yearly performance shows a 0.44% increase. See more dynamics on FLDB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.42% over the last month, showed a 1.04% increase in three-month performance and has increased by 1.94% in a year.
FLDB fund flows account for ‪1.26 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FLDB invests in bonds. See more details in our Analysis section.
FLDB expense ratio is 0.20%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FLDB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FLDB technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FLDB shows the strong buy signal. See more of FLDB technicals for a more comprehensive analysis.
Yes, FLDB pays dividends to its holders with the dividend yield of 4.82%.
FLDB trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FLDB shares are issued by FMR LLC
FLDB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 26, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.