Key stats
About Fidelity Low Duration Bond ETF
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Inception date
Feb 26, 2024
Structure
Open-Ended Fund
Replication method
Physical
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Securitized
Government
Bonds, Cash & Other100.00%
Corporate49.43%
Securitized25.31%
Government23.96%
Cash0.99%
Structured0.30%
Stock breakdown by region
North America81.87%
Europe16.48%
Asia1.21%
Oceania0.44%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLDB invests in bonds. The fund's major sectors are Corporate, with 49.43% stocks, and Securitized, with 25.31% of the basket. The assets are mostly located in the North America region.
FLDB top holdings are United States Treasury Notes 4.25% 31-JAN-2026 and United States Treasury Notes 4.75% 31-JUL-2025, occupying 6.90% and 5.86% of the portfolio correspondingly.
FLDB last dividends amounted to 0.19 USD. The month before, the issuer paid 0.20 USD in dividends, which shows a 4.26% decrease.
FLDB assets under management is 375.31 M USD. It's risen 0.33% over the last month.
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.
Yes, FLDB pays dividends to its holders with the dividend yield of 4.80%. The last dividend (Jun 2, 2025) amounted to 0.19 USD. The dividends are paid monthly.
FLDB shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Feb 26, 2024, and its management style is Active.
FLDB expense ratio is 0.20% meaning you'd have to pay 0.20% of your investment to help manage the fund.
FLDB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLDB invests in bonds.
FLDB price has risen by 0.16% over the last month, and its yearly performance shows a 0.61% increase. See more dynamics on FLDB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.39% over the last month, showed a 1.03% increase in three-month performance and has increased by 1.95% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.39% over the last month, showed a 1.03% increase in three-month performance and has increased by 1.95% in a year.
FLDB trades at a premium (0.33%) meaning the ETF is trading at a higher price than the calculated NAV.