FLDRFidelity Low Duration Bond Factor ETF
FLDR Fund Description
FLDR tracks a modified market-value-weighted index of US investment-grade floating-rate bonds and fixed-rate Treasury notes with a target portfolio duration of less than one year.
FLDR Factset Analytics Insight
FLDR launched at a time when investors were sensitive to rising interest rates. The underlying index aims to optimize between interest rate risk and credit risk, with the goal of higher income potential than a money market and lower volatility than a short-term bond fund. FLDR holds two main components: US investment-grade floating-rate corporates with less than five years to maturity and fixed-rate Treasury notes with maturities ranging between seven to ten years. Floating-rate notes are weighted by the market cap of each security, subject to an issuer cap of 3.5%. Treasuries are weighted to create a portfolio duration of less than on year. The index is rebalanced monthly.
FLDR MSCI ESG Analytics Insight
Fidelity Low Duration Bond Factor ETF has an MSCI ESG Fund Rating of AA based on a score of 7.49 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 Low Duration Bond Factor ETF ranks in the 87th percentile within its peer group and in the 88th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
FLDR Portfolio Data
FLDR Index Data
FLDR Portfolio Management
FLDR Tax Exposures
FLDR Fund Structure
FLDR Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLDR. FLDR is rated a N/A out of 5.
FLDR Sector/Industry Breakdown
FLDR Top 10 Holdings[View All]
FLDR Top 5 Countries
FLDR Top 5 Currencies