FIDELITY SUSTAINABLE LOW DURATION BOND ETF
FSLD
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- MA United States of America
- IPO Date
- Apr 21, 2022
- CIK
- 0001562565
- Similar Companies
- Business
- Fidelity Sustainable Low Duration Bond ETF (FSLD) is an exchange-traded fund that seeks a high level of current income consistent with preservation of capital through a diversified, low-duration bond strategy. The fund, issued by Fidelity Investments and launched on April 19, 2022, normally invests at least 80% of its assets in investment-grade debt securities of medium- and high-quality issuers exhibiting positive environmental, social, and governance (ESG) attributes, including U.S. Treasurys, corporate bonds (primarily from financials, industrials, and utilities), asset-backed securities, and commercial mortgage-backed securities; it maintains a portfolio duration similar to the Bloomberg U.S. Treasury Bill: 6-9 Months Index, with recent allocations approximating 35% U.S. Treasurys, 50% corporates, 13% ABS, and 1% cash. Headquartered in Boston, Massachusetts, the ETF operates globally through Fidelity's investment team, targeting institutional and retail investors seeking ultrashort bond exposure with sustainable characteristics in the fixed-income market. In a significant recent development, Fidelity Investments announced on October 16, 2025, the liquidation of FSLD along with four other ETFs, with the process expected to complete on or about November 20, 2025, during which the portfolio will transition to cash or cash equivalents prior to final distribution to shareholders. This follows steady operational positioning in Q3 2025, including modest increases in U.S. Treasury exposure and maintenance of high-quality corporate credit overweight versus the benchmark, amid a steepening yield curve and Federal Reserve rate cuts. As of September 30, 2025, the fund managed approximately $5.03 million in assets with a 30-day SEC yield of 4.09% and effective duration of 0.55 years.