FBND

Fidelity Total Bond ETF
B

36
*Unless otherwise stated, data provided by FactSet.

FBND Fund Description

The Fidelity Total Bond ETF is an actively managed broad market bond fund that uses the Barclays US Universal Bond Index to guide its sector allocation and duration exposure.

FBND Factset Analytics Insight

For a competitive fee, FBND combines rules-based sector allocation with active security selection for its take on broad exposure to the USD debt market,. It accesses the same management team and strategy of a popular existing Fidelity mutual fund (FTBFX) in a transparent and liquid ETF wrapper. While it’s actively managed, FBND uses the Barclays US Universal Bond Index to guide its sector allocation. This produces exposure to high yield (up to 20%), which is one of many sectors along with Treasurys, MBS, corporates, agencies and USD-denominated EM debt. The fund aims to match the duration of this index as well. To enhance its returns, FNBD can use derivatives to expand the opportunity set and add leverage. This broad latitude to types and means of exposure is common among peer ETFs like BOND and TOTL.

FBND MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of September 19, 2018 the Fidelity Total Bond ETF MSCI ESG Fund Quality Score is 5.64 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. FBND ranks in the 48th percentile within its peer group and in the 55th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

FBND CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 09/19/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FBND -0.76% 0.08% -1.52% -1.15% 2.27% -- --
FBND (NAV) -0.66% 0.18% -1.43% -1.19% 2.43% -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Multiverse -0.05% -0.39% -2.19% -1.89% 2.10% 1.11% --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FBND Top 10 Countries [View All]

FBND Top 10 Sectors

FBND Top 10 Holdings [View All]

FBND Summary Data

Fidelity
10/06/14
Open-Ended Fund
0.36%
$431.84M
$2.62M
0.06%

FBND Portfolio Data

5.95
10.84 years
2.99%
09/26/18
611

FBND Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Multiverse

FBND Portfolio Management

0.36%
--
--
--

FBND Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

FBND Fund Structure

Open-Ended Fund
Yes
No
100% / 0%
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

FBND Factset Analytics Block Liquidity

As of 09/20/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FBND. FBND is rated a 3 out of 5.

FBND Tradability

52,421
$2.62M
30,090
$1.46M
0.06%
$0.03
0.19%
0.40% / -0.21%
None
88.00%
50,000
0.60
0.02%
--
--
$48.46
3

FBND Sector/Industry Breakdown


FBND
Segment Benchmark
43.26%
51.93%
18.19%
12.74%
17.00%
10.66%
14.48%
7.05%
3.00%
5.79%
1.65%
1.43%
1.37%
2.86%
0.74%
1.85%
0.30%
0.70%

FBND Top 10 Holdings[View All]

5.29%
5.24%
4.65%
3.03%
2.85%
2.67%
2.42%
2.07%
1.75%
1.45%
31.42%

FBND Top 5 Countries


FBND
Segment Benchmark
87.84%
37.72%
2.12%
5.75%
2.06%
0.90%
1.42%
0.69%
0.85%
1.73%

FBND Top 5 Currencies


FBND
Segment Benchmark
100.00%
45.51%
0.00%
0.02%
0.00%
0.20%
0.00%
0.57%
0.00%
1.15%

FBND Economic Development


FBND
Segment Benchmark
95.74%
93.03%
4.27%
6.94%

FBND Performance Statistics

0.27
0.36
--
--
--

FBND MSCI ESG Ratings

5.64 / 10
47.65
54.99
2.97%
0.52%
354.85

FBND HOLDINGS STATISTICS


FBND
Segment Benchmark
10.84 years
10.69 years
5.95
6.60
0.14
0.26
2.27
3.38
2.99%
1.85%
--
--
Low
Low
611
23944
BB
BBB-

FBND MATURITY DISTRIBUTION


FBND
Segment Benchmark
5.19%
0.77%
8.39%
20.81%
27.93%
18.41%
10.28%
12.37%
20.51%
14.57%
27.16%
33.07%

FBND CREDIT BREAKDOWN


FBND
Segment Benchmark
46.84%
36.75%
1.13%
14.92%
4.35%
24.41%
21.00%
16.24%
8.66%
3.47%
4.11%
1.73%
2.12%
0.55%
0.00%
0.04%
0.00%
0.00%