About Fidelity Limited Term Bond ETF (FLTB)

The Fidelity Limited Term Bond ETF (FLTB) is a popular exchange-traded fund that focuses on providing investors with exposure to a diversified portfolio of limited-term bonds. FLTB aims to provide investors with a higher level of income than traditional money market funds, while also offering stability and liquidity. The ETF seeks to track the performance of the Bloomberg Barclays U.S. 1-5 Year Government/Credit Bond Index, which is composed of U.S. government, U.S. agency, and investment-grade corporate bonds with maturities between one and five years. By investing in this ETF, investors gain access to a wide range of fixed-income securities with limited interest rate risk.

FLTB has a solid track record of providing consistent income to its investors. As of the latest available data, the ETF has a distribution yield of X% and an expense ratio of X%. This makes it an attractive option for investors who are looking for a reliable income stream from their investments. Additionally, FLTB has a relatively low duration, which means that it is less sensitive to changes in interest rates compared to longer-term bond funds. This can be beneficial in times of rising interest rates, as it helps to mitigate the impact of rate hikes on the value of the fund's holdings.