FSBD Fees and Costs — Fidelity Sustainable Core Plus Bond ETF
Data updated: 2025-11-12
The net expense ratio is 0.36%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $46 in broker commissions, 0.0004% of average net assets, and portfolio turnover was 327%.
FSBD Fees and Expenses
Annual operating expenses and sales charges of FSBD. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.36% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.36% |
| Fee waiver | — |
| Net expense ratio | 0.36% |
| 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 |
FSBD Costs Over Time
On $10,000 invested in FSBD, assuming 5% a year before costs, total costs come to $228 over 5 years, cutting the return by 0.38% 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 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $125 | $228 |
| Value after costs | $10,462 | $11,452 | $12,534 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
FSBD 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): 0.0004%
- Total broker commissions: $46
- Bought from dealers (principal trades, not a cost): $53.8M
- Portfolio turnover (prospectus): 327%
- Securities lending: none during the year
FSBD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $45 | 97.66% |
| JEFFERIES FINANCIAL GROUP INC | $1 | 1.42% |
| VIRTU FINANCIAL INC | $0 | 0.39% |
| CONDOR TRADING LLC | $0 | 0.17% |
| LIQUIDNET HOLDINGS INC | $0 | 0.13% |
| BANK OF AMERICA CORPORATION | $0 | 0.13% |
| BNP PARIBAS | $0 | 0.04% |
| GOLDMAN SACHS GROUP INC (THE) | $0 | 0.04% |
FSBD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $12.9M | 24.91% |
| MORGAN STANLEY | $11.2M | 21.66% |
| BARCLAYS PLC | $8.2M | 15.93% |
| JPMORGAN CHASE and CO | $6.2M | 12.05% |
| BANK OF AMERICA CORPORATION | $3.9M | 7.51% |
| CITIGROUP INC | $3.6M | 6.95% |
| MIZUHO FINANCIAL GROUP INC | $2.4M | 4.58% |
| WELLS FARGO and CO | $1.6M | 3.19% |
| BNP PARIBAS | $1.4M | 2.73% |
| DEUTSCHE BANK AG | $250K | 0.48% |
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.