FLDR

Fund Description
Fidelity Low Duration Bond Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Low Duration Investment Grade Factor Index. The fund normally invests at least 80% of assets in securities included in the Fidelity Low Duration Investment Grade Factor Index. The Index is designed to optimize the balance of interest rate risk and credit risk such that both returns and risk measures may be improved relative to traditional U.S. investment grade floating rate note indices. The Index is comprised of U.S. investment grade floating rate notes and U.S. Treasury notes.
Fund Profile
Fund Name Fidelity Low Duration Bond Factor ETF
Fund Exchange Ticker FLDR
Fund Sponsor Fidelity
Fund ISIN US3161884081
Net Expense Ratio 0.15 %
Fund Inception Date 12 June 2018
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Passive
Index Name Fidelity Low Duration Investment Grade Factor Index
Index Provider Fidelity
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Broad Market
Credit Quality Investment Grade Only
Average Maturity Short (1-3 years)
Bond Currency Denomination Not Applicable
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 227.79 Million (USD)
1 Month Total Return -0.91 %
Year To Date Return -2.13 %
1 Year Total Return -2.11 %
3 Year Annualized Total Return 0.34 %
NAV 49.5203
Share Outstanding 4,600,000
Top 10 Holdings (27 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
FIDELITY REVERE STR TR TAXABLE CENT CASH FD BOND 0.0180236052
MORGAN STANLEY SR UNSECURED 10/23 VAR BOND 0.0180090645
US TREASURY N/B BOND 0.0168052391
BANK OF MONTREAL SR UNSECURED 03/23 VAR BOND 0.0153370190
GOLDMAN SACHS GROUP INC SR UNSECURED 11/23 VAR BOND 0.0138952770
MITSUBISHI UFJ FIN GRP SR UNSECURED 07/22 VAR BOND 0.0134928767
US TREASURY N/B BOND 0.0133566117
US TREASURY N/B BOND 0.0126503084
US TREASURY N/B BOND 0.0118976182
MET LIFE GLOB FUNDING I SECURED 144A 01/24 VAR BOND 0.0116115866