FSLD

Fidelity Sustainable Low Duration Bond ETF

$50.28

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The Fidelity Sustainable Low Duration Bond ETF (FSLD) seeks to provide current income while investing in a portfolio of fixed-income securities that meet certain environmental, social, and governance (ESG) criteria.

Overview

ETF tracking Fidelity Sustainable Low Duration Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2022-04-21

Market Cap $5.0M

Average Volume N/A

Dividend Yield 3.28%

52-Week Range $50.05 - $50.55

VWAP N/A

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests primarily in investment-grade, U.S. dollar-denominated, fixed-income securities with a focus on short-term and intermediate-term maturities. The portfolio manager selects securities based on their ESG characteristics, aiming to invest in issuers that demonstrate strong sustainability practices.

✨ Key Features

Focuses on fixed-income securities with low duration to help manage interest rate risk
Applies ESG screening to select securities that meet certain sustainability criteria
Aims to provide current income while maintaining a low-risk profile
Expense ratio of 0.00%, making it a low-cost option for fixed-income exposure

⚠️ Primary Risks

Interest rate risk: The fund's value may decline due to rising interest rates
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
ESG investment risk: The fund's ESG criteria may limit the investment universe and potentially underperform non-ESG funds
Liquidity risk: The fund may have difficulty selling certain securities, particularly in volatile or uncertain market conditions

👤 Best For

The Fidelity Sustainable Low Duration Bond ETF may be suitable for investors seeking a low-risk, fixed-income investment that aligns with their ESG preferences. It may be particularly appealing to investors with a short-term investment horizon or those looking to diversify their portfolio with a low-duration bond allocation.