FLDR

Fidelity Low Duration Bond Factor ETF

$50.30

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The Fidelity Low Duration Bond Factor ETF (FLDR) seeks to provide a low-risk, low-volatility fixed income investment that aims to generate current income while preserving capital.

Overview

ETF tracking Fidelity Low Duration Bond Factor ETF

Category Fixed Income

Issuer Other

Inception Date 2018-06-14

Market Cap $1.0B

Average Volume N/A

Dividend Yield 3.89%

52-Week Range $49.81 - $50.45

VWAP $50.31

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Low Duration Bond Factor ETF (FLDR) seeks to provide a low-risk, low-volatility fixed income investment that aims to generate current income while preserving capital.

🎯 Investment Strategy

FLDR invests primarily in a diversified portfolio of investment-grade, short-term bonds and other fixed income securities. The fund uses a factor-based approach to identify and weight securities that exhibit characteristics associated with lower interest rate sensitivity and credit risk.

✨ Key Features

Focuses on investment-grade, short-term bonds to reduce interest rate risk
Employs a factor-based strategy to target securities with lower volatility
Aims to provide current income with lower risk than longer-duration bond funds
Expense ratio of 0.00%, making it a low-cost fixed income option

⚠️ Primary Risks

Interest rate risk: The fund's value may decline if interest rates rise
Credit risk: The fund is exposed to the risk of bond issuers defaulting on their obligations
Liquidity risk: Certain bonds held by the fund may be difficult to sell at an advantageous time or price
Factor risk: The factor-based strategy may not perform as expected

👤 Best For

FLDR may be suitable for investors seeking a low-risk, low-volatility fixed income investment to provide current income and preserve capital, particularly those with a short-term investment horizon or as a defensive component of a diversified portfolio.