FLTB was created on 2014-10-06 by Fidelity. The fund's investment portfolio concentrates primarily on broad credit fixed income. The ETF currently has 252.51m in AUM and 939 holdings. FLTB is an actively managed, broad-based bond fund with a primary focus on investment-grade credits and a targeted average maturity between two and five years. The fund may hold below investment-grade also.