FLDR ETF — Fidelity Low Duration Bond Factor ETF

Fidelity Low Duration Bond Factor ETF (FLDR)

FLDR is a low-cost ETF that tracks the Fidelity Low Duration Investment Grade Factor Index. As of August 19, 2026, its distribution rate is 4.12%, its trailing-12-month yield is 4.28%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 80/100 (Safe). Fund total return is 29.5% over the past 8.2 years, 182.9 points behind SPY at 212.4%.

At the current 4.12% distribution rate, a $10,000 investment would generate approximately $412 per year, or $34.33 per month on an equivalent basis.

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

Data as of August 19, 2026.

Fund total return is 29.5% over the past 8.2 years, 182.9 points behind SPY at 212.4%. Its deepest 1-year drawdown was 0.5%.

FLDR key facts

Data as of August 19, 2026.

Distribution Safety Score™

80 · Safe

Safety-Adjusted Yield

3.30%

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Fixed Income

Inception date

06/12/2018

Expense ratio

0.15%

Distribution rate

4.12%

Distribution frequency

Monthly

Trailing yield

4.28%

Last close

$50.08

AUM

$1,989,773,721

Average volume

232827.0

Last dividend

$0.1720

Ex-dividend date

07/30/2026

Payment date

08/03/2026

Beta

0.14

How Dividend Vision calculates yield and returns

Distribution rate (4.12%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (4.28%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Fidelity Investments fund 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

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, a high Distribution Safety Score, 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.

Frequently asked questions

More funds from Fidelity Investments.