Fidelity Low Duration Bond Factor ETF
-0.16 %
0.4 %
Yet to be announced
Company Overview
Fidelity Low Duration Bond Factor ETF (FLDR) is an exchange-traded fund that aims to provide investment results that correspond to the performance of the Fidelity Low Duration Investment Grade Factor Index. The fund invests primarily in investment-grade bonds with a focus on maintaining a low duration profile.
The ETF primarily holds U.S. dollar-denominated investment-grade corporate bonds and U.S. government securities with remaining maturities of five years or less. The fund uses a systematic, rules-based approach that considers factors such as quality, value, and momentum in its security selection process.
Revenue Sources
FailAs an ETF focused on fixed-income securities, FLDR's primary business model involves investing in interest-bearing instruments. The fund's core strategy revolves around generating returns through interest income from bonds and other debt securities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|
The fund's primary source of returns comes from interest income generated by its bond holdings. Interest is not incidental to its operations but rather central to its business model and investment strategy. The fund is specifically designed to generate returns through interest-bearing securities.
Operational Ethics
PassBased on available information, there is no evidence of direct material ongoing associations with entities involved in human rights violations. The fund primarily invests in U.S. corporate and government securities.
Comments