Fidelity Short-Term Bond ETF

Fidelity Short-Term Bond ETF is an actively managed fixed income fund designed to provide current income while preserving capital through exposure to investment-grade debt securities and repurchase agreements. The portfolio focuses on short-duration bonds, typically maintaining a dollar-weighted average maturity of three years or less, which makes it a core short-term bond solution within Fidelity’s fixed income lineup. The fund invests across government, corporate, and securitized debt, giving it broad coverage of high-quality U.S. and global credit markets. Fidelity Short-Term Bond ETF is used by investors seeking diversified bond-market exposure with a shorter maturity profile and a primary emphasis on credit quality and liquidity. It plays a role in the market as a conservative bond allocation vehicle that can complement cash management and intermediate fixed income strategies.