FAAAFidelity AAA CLO ETF

Get incomeNewRanked #1,463 of 1,628 in this goal

Seeks to generate income.

By Fidelity Investments · Launched 2026

Annual Cost

0.00%

#5,573 of 5,573 · expensive

Fund Size

$45M

#3,669 of 5,573 · mid-size

Dividend YieldGoal

—

Track Record

4 months

#5,250 of 5,573 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,166+1.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Focus

CLO

Index tracked

J.P. Morgan CLOIE AAA Index

What it actually holds

By weight

Asset allocation

Bonds

96.5%

Cash

3.4%

Other

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-0.6%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%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to generate income.
Strategy: Invests primarily in AAA-rated collateralized loan obligations (CLOs), including senior secured and unsecured loans. May invest in derivatives and non-U.S. dollar-denominated CLOs. Seeks to manage interest rate risk similar to the J.P. Morgan CLOIE AAA Index.
Inception date: February 10, 2026
Fund family: Fidelity Investments