FLDB Fees and Costs — Fidelity Low Duration Bond ETF
Data updated: 2026-07-24
The net expense ratio is 0.20%. There are no sales loads or redemption fees. Portfolio turnover was 59%.
FLDB Fees and Expenses
Annual operating expenses and sales charges of FLDB. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FLDB Costs Over Time
On $10,000 invested in FLDB, assuming 5% a year before costs, total costs come to $127 over 5 years, cutting the return by 0.21% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.20%) | $21 | $66 | $116 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $69 | $127 |
| Value after costs | $10,479 | $11,507 | $12,636 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
FLDB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $409.3M
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
FLDB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO and CO | $63.8M | 19.27% |
| JPMORGAN CHASE and CO | $41.4M | 12.53% |
| CITIGROUP INC | $37.3M | 11.28% |
| BANK OF AMERICA CORPORATION | $35.2M | 10.64% |
| DEUTSCHE BANK AG | $34.9M | 10.54% |
| BARCLAYS PLC | $29.8M | 9.01% |
| MORGAN STANLEY | $28.6M | 8.65% |
| ASL CAPITAL MARKETS | $24.3M | 7.34% |
| GOLDMAN SACHS GROUP INC (THE) | $17.9M | 5.41% |
| THE TORONTO DOMINION BANK | $17.7M | 5.33% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.