FTBDFidelity Tactical Bond ETF

Get income3y track recordRanked #1,187 of 1,622 in this goal

Seeks a high level of current income.

By Fidelity Investments · Launched 2023

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$37M

#3,832 of 5,562 · small

Dividend YieldGoal

5.03%

Track Record

3 years

#2,906 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,628+6.3%

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

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

What it actually holds

By weight

Concentration

Top 10 holdings = 54.2% of fundmoderately concentrated

UST NOTES

23.3%

Fidelity Revere Street Trust

7.2%

UST NOTES

7.2%

UNITED STATES TREASURY BOND

5.7%

UNITED STATES TREASURY BOND

3.5%

UNITED STATES TREASURY BOND

1.9%

UNITED STATES TREASURY BOND

1.7%

PETROLEOS MEXICANOS

1.4%

UST NOTES

1.2%

UST NOTES

1.1%

Asset allocation

Bonds

90.0%

Other

6.8%

Convertible

1.3%

Cash

1.2%

Preferred

0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.3%Low

Year-on-year price swings

Max drawdown

-7.0%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.28Below average

Sortino (3Y)

0.40Moderate downside risk

Bond profile

Duration

4.9 years

Avg maturity

9.7 years

Credit ratings

US Government

51.6%

AAA

65.4%

0.7%

4.9%

BBB

15.0%

15.8%

4.7%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks a high level of current income.
Strategy: Invests primarily in debt securities of all types, including corporate bonds, government securities, and mortgage-backed securities. Allocates across investment-grade, high yield, and emerging markets debt. Engages in transactions with leveraging effects, including derivatives like swaps and options, and hedges foreign currency exposures. Analyzes credit quality and security features to select investments.
Inception date: January 24, 2023
Fund family: Fidelity Investments