FLTB

Fidelity Limited Term Bond ETF

$50.62

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The Fidelity Limited Term Bond ETF seeks to provide a high level of current income consistent with preservation of capital.

Overview

ETF tracking Fidelity Limited Term Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2014-10-09

Market Cap $268.3M

Average Volume N/A

Dividend Yield 3.60%

52-Week Range $49.52 - $50.96

VWAP $50.66

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Limited Term Bond ETF seeks to provide a high level of current income consistent with preservation of capital.

🎯 Investment Strategy

The fund invests at least 80% of its assets in investment-grade debt securities, including U.S. government securities, corporate bonds, and mortgage-backed securities. The fund maintains a dollar-weighted average maturity of 3 years or less.

✨ Key Features

Focuses on short-term, high-quality fixed income securities to provide current income with lower interest rate risk
Actively managed by Fidelity's fixed income team to take advantage of market opportunities
Low expense ratio of 0.00% makes it a cost-effective option for bond exposure
Diversified portfolio across various government, corporate, and mortgage-backed bonds

⚠️ Primary Risks

Interest rate risk - The fund's share price and yield will be affected by changes in interest rates
Credit risk - The fund is exposed to the risk of issuers defaulting on their debt obligations
Liquidity risk - Less liquid bonds may be difficult to sell, especially in volatile markets
Reinvestment risk - When interest rates fall, the fund may have to reinvest coupon payments or matured bonds at lower yields

👤 Best For

The Fidelity Limited Term Bond ETF may be suitable for investors seeking current income and capital preservation, with a low to moderate risk tolerance. It can serve as a core fixed income holding or a defensive component in a diversified portfolio.