FCLOFidelity CLO ETF

DiversifierNewRanked #230 of 240 in this goal

Seeks to generate income.

By Fidelity Investments · Launched 2026

Annual Cost

0.00%

#5,562 of 5,562 · expensive

Fund Size

$26M

#4,156 of 5,562 · small

Return (1Y)Goal

N/A

Track Record

4 months

#5,246 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$10,187+1.9%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

Focus

CLO

What it actually holds

By weight

Concentration

Top 1 holdings = 2.2% of fund✓ well diversified

Fidelity AAA CLO ETFFAAA

2.2%

Asset allocation

Bonds

90.1%

Cash

15.5%

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

6.3 years

Avg maturity

10.0 years

Credit ratings

AAA

47.0%

3.0%

4.9%

BBB

26.5%

11.4%

Other

7.2%

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks to generate income.
Strategy: Normally invests at least 80% of assets in collateralized loan obligations (CLOs), which may include domestic and foreign senior secured loans, senior unsecured loans, and subordinate corporate loans. Investing a majority in CLOs rated from BBB+ to B- or equivalent, and up to 30% in CLOs rated above BBB+. May invest in fixed-rate CLOs and non-U.S. dollar-denominated CLOs. Uses derivatives to adjust risk exposure and may invest in cash or short-term instruments for liquidity management.
Inception date: February 10, 2026
Fund family: Fidelity Investments