FBND

Fidelity Total Bond ETF
*Unless otherwise stated, data provided by FactSet.

FBND Fund Description

FBND 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

FBND combines a rules-based sector allocation with active security selection for its take on broad exposure to the USD debt market. It accesses the same strategy of an existing Fidelity mutual fund (FTBFX) in a transparent 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.

FBND MSCI ESG Analytics Insight

Fidelity Total Bond ETF has an MSCI ESG Fund Rating of A based on a score of 6.11 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. Fidelity Total Bond ETF ranks in the 45th percentile within its peer group and in the 22nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PERFORMANCE [as of 10/21/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FBND -1.44% -1.13% -1.05% 0.60% 6.53% 3.73% --
FBND (NAV) -1.61% -1.11% -1.09% 0.69% 6.45% 3.78% --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays Multiverse -1.89% -1.86% -4.23% -1.72% 4.42% 2.52% 1.92%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FBND Summary Data

Fidelity
10/06/14
Open-Ended Fund
0.36%
$2.08B
$8.38M
0.04%

FBND Portfolio Data

--
--
--
10/27/21
--

FBND Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays Multiverse

FBND Portfolio Management

0.36%
--
--
--

FBND Tax Exposures

20.00% / 39.60%
0.67%
Ordinary income
No

FBND Fund Structure

Open-Ended Fund
Yes
No
-- / --
N/A
N/A
Low
Daily

FBND Factset Analytics Block Liquidity

As of 10/22/21
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 N/A out of 5.

FBND Tradability

160,549
$8.38M
160,640
$8.52M
0.04%
$0.02
0.08%
0.43% / -0.19%
None
88.00%
50,000
3.21
0.02%
--
140
$52.78
N/A

FBND Top 10 Holdings[View All]

9.50%
6.85%
3.60%
3.45%
3.43%
3.24%
2.05%
2.04%
1.78%
1.58%
37.53%

FBND Performance Statistics

0.39
0.54
--
--
--

FBND MSCI ESG Ratings

6.11 / 10
22.16
44.79
2.67%
--
261.07

FBND Holdings Statistics

--
--
--
--
--
--
--

FBND Avg Life Maturity Distribution

--
--
--
--
--
--
--
--
--

FBND OAS Breakdown

--
--
--
--
--
--
--
--
--
--
--