FLTB Fees and Costs — Fidelity Limited Term Bond ETF
Data updated: 2026-07-24
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0014% of average net assets, and portfolio turnover was 54%.
FLTB Fees and Expenses
Annual operating expenses and sales charges of FLTB. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| 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 |
FLTB Costs Over Time
On $10,000 invested in FLTB, assuming 5% a year before costs, total costs come to $160 over 5 years, cutting the return by 0.26% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $26 | $87 | $160 |
| Value after costs | $10,474 | $11,489 | $12,603 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
FLTB 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): 0.0014%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $216.8M
- Portfolio turnover (prospectus): 54%
- Securities lending: none during the year
FLTB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $3K | 100.00% |
FLTB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $38.9M | 21.15% |
| BNP PARIBAS | $31.0M | 16.85% |
| CITIGROUP INC | $20.0M | 10.85% |
| JPMORGAN CHASE and CO | $19.2M | 10.46% |
| MORGAN STANLEY | $18.2M | 9.90% |
| BANK OF AMERICA CORPORATION | $15.0M | 8.18% |
| BANK OF MONTREAL QUE | $11.9M | 6.49% |
| BARCLAYS PLC | $11.9M | 6.49% |
| JEFFERIES FINANCIAL GROUP INC | $11.2M | 6.06% |
| THE TORONTO DOMINION BANK | $6.6M | 3.57% |
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.