FAAAFidelity AAA CLO ETF
Seeks to generate income.
By Fidelity Investments · Launched 2026
Annual Cost
0.00%
#5,861 of 5,861 · expensive
Fund Size
$60M
#3,467 of 5,861 · mid-size
Dividend YieldGoal
—
Track Record
6 months
#5,159 of 5,861 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,225+2.3%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Active selection
Focus
CLO
Index tracked
J.P. Morgan CLOIE AAA Index
What it actually holds
By weightConcentration
Top 10 holdings = 37.0% of fund✓ well diversified
Fidelity Revere Street Trust
13.0%
ARES LOAN FUNDING VIII LTD
3.8%
AIMCO CLO 23 LTD
2.7%
OAK HILL CREDIT PARTNERS LTD
2.5%
OAKTREE CLO LTD
2.5%
RR 36 LTD / RR 36 LLC
2.5%
INVESCO US CLO 2024-3 LTD
2.5%
MAGNETITE XXVI LTD / MAGNETITE XXVI LLC
2.5%
OAK HILL CREDIT PARTNERS
2.5%
OAKTREE CLO 2020-1 LTD
2.5%
Asset allocation
Bonds
98.0%
Cash
1.9%
Other
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-0.5%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
4.8 years
Avg maturity
10.0 years
Credit ratings
AAA
98.8%
Other
1.2%
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks to generate income.
- Strategy
- Invests at least 80% of assets in AAA-rated collateralized loan obligations (CLOs), including domestic and foreign senior secured loans. Engages in transactions with derivatives to adjust risk exposure and may invest in U.S. Treasury securities for liquidity management.
- Inception date
- February 10, 2026
- Fund family
- Fidelity Investments
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Data updated on 2026-08-04