Fidelity ETFs
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Snapshot:  FBND


53.307   0.03 (0.06%)

AS OF 4:00:00pm ET 05/26/2020 Quotes delayed at least 15 minutes.
Bid 53.36
Bid Size 1
Ask 53.52
Ask Size 235
Open 53.277
High 53.357
Low 53.167
Previous Close 53.41
Price Performance (Last 52 Wk)
as of 05/26/2020
Bid/Ask Spread (1 Month Average)
as of 03/31/2020
Premium / Discount (Previous Day)
as of 05/26/2020
Premium / Discount (1 Month Rolling Average)
as of 05/26/2020
Volume (90-Day Average)
Tracking Error 0.95
Detailed Quote

ETP Type


Asset Class

Fixed Income

Geography Objective


Debt Type Objective


Credit Grade Objective

Multi-Credit Grades

Maturity Objective

Various Maturities

Coupon Type


Net Assets
AS OF 05/26/2020


Net Expense Ratio



Fidelity Management & Research

Inception Date


Investment Philosophy

Actively Managed

Benchmark Index

Bloomberg Barclays US Aggregate Bond Index

Index Composition


Legal Structure

Open-End Investment Company


Seeks to provide a high level of current income. The fund normally invests at least 80% of its assets in debt securities of all types and repurchase agreements for those securities.

Learn More


Analyst Ratings

Firm Name As of Date Action Rating Report
FactSet 05/26/2020 -- B Details FactSet PDF Report
Ned Davis Research Group 12/31/2014 Upgrade Log in for rating & report
XTF Inc. 03/31/2020 Downgrade 3.90000 out of 10 XTF Inc. PDF Report
Morningstar, Inc.** 10/31/2019 Upgrade 4 out of 54 out of 54 out of 54 out of 54 out of 5
Overall - 533 Intermediate Core-Plus Bond funds rated
Rating Information
Morningstar, Inc. PDF Report

Key Statistics

Duration (Yrs)
AS OF 05/26/2020
Weighted Average Duration (Yrs)
AS OF 05/26/2020
Weighted Average Maturity (Yrs)
AS OF 05/22/2020
Weighted Average Coupon
AS OF 05/26/2020
30-day SEC Yield
AS OF 05/22/2020
Distribution Yield (TTM)
AS OF 04/30/2020
See all Key Stats


Asset Class Median
Volume (10-Day Avg)
AS OF 05/26/2020
216.8K 27.5M
1 Week Market Total Return
AS OF 05/26/2020
+0.60% +0.56%
1 Month Market Total Return
AS OF 05/26/2020
+1.16% +1.23%
1 Year Market Total Return
AS OF 05/26/2020
+9.36% +3.59%
3 Year Annualized Market Total Return
AS OF 05/26/2020
+4.89% +2.70%
Beta (1 Year Month-End)
AS OF 04/30/2020
1.50% 0.61
Annual Turnover Ratio
AS OF 08/31/2019
150% 29.00%
Net Expense Ratio
AS OF 12/30/2019
0.36% 0.25%


Growth of Hypothetical $10,000 * AS OF 04/30/2020

Cumulative Total Returns AS OF 05/26/2020
NAV Return Market Return Bloomberg Barclays US Aggregate Bond Index
AS OF 05/26/2020
YTD +4.17% +4.17% +5.13%
4 Weeks +1.38% +1.16% +0.17%
13 Weeks +1.47% +1.49% +2.05%
26 Weeks +4.34% +4.50% +4.93%
Quarter-End Average Annual Total Returns AS OF 03/31/2020
NAV Return Market Return
1 Year +5.91% +6.58%
3 Year +3.94% +4.15%
5 Year +3.20% +3.33%
10 Year -- --
Life +3.41% +3.45%
Life as of NAV inception date: 10/06/2014   Life market returns are as of the first day the ETF traded on an exchange, which may occur a few days after the NAV inception date. Market returns are based on the closing price on the listed exchange at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Gross Expense Ratio: 0.36%

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

More about Performance & Risk

Portfolio Composition

Total Basket Holdings AS OF 05/26/2020

1322 (Long: 1321 | Short: 0)
View All
Top 10 (31.59% of total holdings)
CASH Cash† 14.69%
UST 3.000 02/15/49 UNITED STATES TREASURY 2.63%
UST 1.750 12/31/24 UNITED STATES TREASURY 2.01%
UST 1.500 09/30/24 UNITED STATES TREASURY 1.90%
UST 2.875 05/15/49 UNITED STATES TREASURY 1.89%
UST 0.500 04/30/27 UNITED STATES TREASURY 1.69%
UST 2.000 05/31/24 UNITED STATES TREASURY 1.53%
UST 2.125 03/31/24 UNITED STATES TREASURY 1.31%
†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash.Click here for more information.

Credit Grade / Maturity   More information  AS OF 05/26/2020

Independent third parties provide portfolio composition analytics to standardize calculations for consistent comparison. However, these calculations and the resulting credit quality analytics may differ from the ETF managers' methodology, which you can learn about in the Portfolio Characteristics Report.

AAA 24.25% Short Term 5.58%
Investment Grade 26.72% Intermediate Term 44.60%
High Yield 16.91% Long Term 35.12%
More about Portfolio Composition

ETFs are subject to management fees as well as other expenses including brokerage commissions. Please contact your investment professional for more information on applicable brokerage fees. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and may only be redeemed directly with the fund by Authorized Participants in creation units.

* A hypothetical $10,000 investment made in the fund ten years ago, or on commencement of operations for funds lacking a ten-year track record. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance.

Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Basket holdings, asset allocation, market sectors, industry exposure, and geographical diversification are as of the date indicated and may not be representative of the fund's current or future investments.

© 2014 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.


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