FSLD Stock Fund Price and Chart — AMEX:FSLD

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FSLD chart

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About Fidelity Merrimack Street Trust Fidelity Sustainable Low Duration Bond ETF

FSLD aims for a high level of current income by actively targeting various types of short-term global bonds with perceived ESG benefits and repurchase agreements. The fund selects bonds using both traditional credit analysis and ESG screens, with at least 80% of assets invested in investment-grade bonds. The fund employs a proprietary ESG ratings process that uses a data-driven framework that considers the issuers sustainability practices, underlying pool of assets, and any third-party designations as green, sustainable or sustainability-linked bonds. The advisor also considers an issuers alignment to the UN Sustainable Development Goals to gauge tangible environmental or social impact. Other considerations include credit quality, security-specific features, current and potential future valuation, and trading opportunities. FSLD intends to maintain duration of one year or less and a dollar-weighted average maturity of no more than two years.