Fidelity CLO ETF

Fidelity CLO ETF is an actively managed fixed-income exchange-traded fund designed to seek income by investing primarily in collateralized loan obligations (CLOs). Fidelity CLO ETF focuses on the mezzanine and junior portions of the CLO market, with the majority of assets typically allocated to securities rated from BBB+ to B- or equivalent. The fund provides exposure to a specialized segment of securitized credit that is backed by pools of broadly syndicated loans, making it a distinct tool for investors and advisors looking for diversified access to structured credit within a single portfolio. As part of Fidelity’s active ETF lineup, Fidelity CLO ETF combines professional portfolio management with the liquidity and trading flexibility of an ETF structure. It is used in fixed-income allocations where CLO exposure, income generation, and active security selection are central considerations.