Seeking Alpha

  Fidelity Limited Term Bond ETF - NYSEARCA

11/28/2014, 2:05 AM ET
  • Alex B. Gray | Send Message 14 Mar 2012

    OTC Market Movers: March 14, 2012. $FLTB.OB, $HRZL.PK, $IBAL.OB, $CENJF.PK, $AVGCF.PK, GDCRF.PK, DRGDF.PK
      FLTB vs. ETF Alternatives
      FLTB Description
      The fund seeks to provide a high rate of income. - Normally investing at least 80% of assets in investment-grade debt securities (those of medium and high quality) of all types and repurchase agreements for those securities. - Managing the fund to have similar overall interest rate risk to the Fidelity Limited Term Composite IndexSM. - Normally maintaining a dollar-weighted average maturity between two and five years. - Allocating assets across different market sectors and maturities. - Investing in domestic and foreign issuers. - Analyzing the credit quality of the issuer, security-specific features, current and potential future valuation, and trading opportunities to select investments. - Potentially investing in lower-quality debt securities. - Engaging in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default), options, and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.
      See more details on sponsor's website
      Key Info
      Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub