(FLDR) Fidelity Low Duration Bond - Overview
ETF Category: Ultrashort Bond | Exchange: BATS (USA) | Market Cap: 1.584m USD | Total Return: 4.8% in 12m
Avg Turnover: 12.9M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Fidelity Low Duration Bond Factor ETF (FLDR) focuses on U.S. investment-grade floating rate notes and U.S. Treasury notes. The fund employs a strategic indexing approach designed to optimize the balance between interest rate sensitivity and credit risk, aiming for higher risk-adjusted returns compared to standard investment-grade floating rate benchmarks.
Floating rate notes are debt instruments with variable coupons that adjust based on benchmark interest rates, such as SOFR, which helps mitigate price volatility during periods of rising rates. This ultrashort bond category typically maintains a duration of less than one year, prioritizing capital preservation and liquidity over high yield.
Investors should examine the specific credit quality tiers within the portfolio on ValueRay to better understand the underlying risk profile. Under normal market conditions, the fund allocates at least 80% of its assets to the securities tracked by its proprietary index.
- U.S. Treasury yield curve shifts impact valuation of short-term underlying holdings
- Credit spread fluctuations influence pricing of investment grade floating rate notes
- Federal Reserve interest rate policy dictates coupon adjustments for floating rate assets
- Demand for low-volatility fixed income options drives fund asset inflows and liquidity
- Macroeconomic stability affects default risk premiums for corporate floating rate debt obligations
As of May 30, 2026, the stock is trading at USD 50.08 with a total of 231,343 shares traded.
Over the past week, the price has changed by +0.21%,
over one month by +0.43%,
over three months by +0.59% and
over the past year by +4.81%.
Fidelity Low Duration Bond has no consensus analysts rating.