FLDR ETF — Fidelity Low Duration Bond Factor ETF

Fidelity Low Duration Bond Factor ETF (FLDR)

Updated October 16, 2026.

FLDR is a low-cost ETF that tracks the Fidelity Low Duration Investment Grade Factor Index. its distribution rate is 3.99%, its trailing-12-month yield is 4.14%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 79/100 (Generally safe). Total return is 30.1% over the past 8.3 years, 181.3 points behind SPY at 211.4%.

Fidelity Low Duration Bond Factor ETF is an index-tracking fund that seeks to replicate the performance of the Fidelity Low Duration Investment Grade Factor Index, which holds U.S. investment grade floating rate notes and U.S. Treasury notes designed to balance interest rate and credit risk. The fund distributes income monthly at a current moderate distribution rate and carries a low expense ratio of 0.15%. It appeals to income-focused investors seeking modest yield exposure with reduced interest rate sensitivity through floating rate and short-duration fixed income securities.

FLDR performance versus SPY

Price and return data through 2026-10-16.

Total return is 30.1% over the past 8.3 years, 181.3 points behind SPY at 211.4%. Over the past year its total return — price change plus distributions reinvested — is 3.3%. Its deepest 1-year drawdown was 0.5%.

FLDR key facts

Distribution Safety Score™

79 · Generally safe

Safety-Adjusted Yield

3.15%

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Fixed Income

Inception date

06/12/2018

Expense ratio

0.15%

Distribution rate

3.99%

Distribution frequency

Monthly

Trailing yield

4.14%

Last close

$49.98 (as of 2026-10-16)

AUM

$2,336,162,911

Average volume

348389.0

Dividend

$0.166

Ex-dividend date

09/29/2026

Payment date

10/01/2026

Beta

0.14

How Dividend Vision calculates yield and returns

Distribution rate (3.99%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.14%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments or company page; Index: Fidelity Low Duration Investment Grade Factor Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FLDR risks and drawbacks

FLDR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 0.5%.

Who may consider FLDR — and who may not

FLDR may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FLDR

• All tickers starting with F

Tagged: Fixed Income, Floating Rate, Ultra Short, Index, Treasury.

Frequently asked questions

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