Fidelity Sustainable Low Duration Bond ETF Price & Performance (FSLD)

Fidelity International has updated its Luxembourg fund prospectus, raising leverage limits and increasing use of total return swaps for certain funds. The Global Hybrids Bond Fund now has no minimum requirement for sustainable investments under the EU Taxonomy, reflecting evolving regulatory and risk management strategies. These changes could influence fund risk profiles and ESG alignment.12

A recent three-day selloff in municipal bonds highlighted the resilience and ease of trading in ETFs compared to traditional bonds. While direct muni trading faced liquidity challenges and wider spreads, ETFs provided investors with more flexible access and pricing transparency, underscoring their growing importance in volatile fixed income markets.34

The Fidelity Sustainable Low Duration Bond ETF (FSLD) has delivered a 5.38% NAV return since inception, outperforming its benchmark, the Bloomberg U.S. Treasury Bill 6–9 Months Index. With a 30-day SEC yield of 4.45% and a focus on investment-grade securities, FSLD continues to attract investors seeking stability and competitive yields.56