FBND

Fidelity Total Bond ETF

$46.25

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Fidelity Total Bond ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of investment-grade fixed-income securities.

Overview

ETF tracking Fidelity Total Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2014-10-09

Market Cap $20.9B

Average Volume N/A

Dividend Yield 3.73%

52-Week Range $44.41 - $46.85

VWAP $46.29

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Total Bond ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of investment-grade fixed-income securities.

🎯 Investment Strategy

The fund invests at least 80% of its assets in investment-grade debt securities of all types and repurchase agreements for those securities. It may also invest in high-yield (junk) bonds, foreign securities, and cash and cash equivalents.

✨ Key Features

Broad exposure to the investment-grade fixed income market
Actively managed portfolio to capitalize on opportunities across sectors
Low expense ratio of 0.00%
Suitable for core fixed income allocation in a diversified portfolio

⚠️ Primary Risks

Interest rate risk: Bond prices may decline as interest rates rise
Credit risk: Issuers may fail to make timely interest or principal payments
Liquidity risk: Difficulty selling certain bonds at favorable prices
Sector concentration risk: Overexposure to specific sectors or industries

👤 Best For

The Fidelity Total Bond ETF may be suitable for investors seeking a diversified core fixed income holding as part of a balanced portfolio. It can provide stable income and help manage overall portfolio risk, though investors should be aware of the potential for interest rate and credit-related volatility.