(FBND) Fidelity Total Bond - NYSE
ETF Category: Intermediate Core-Plus Bond | Exchange: NYSE (USA) | Market Cap: 26.040m USD | Total Return: 5.2% in 12m
Avg Turnover: 118M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Fidelity Total Bond ETF (FBND) is an actively managed fund that invests at least 80% of its portfolio in various debt securities and repurchase agreements. It utilizes the Bloomberg U.S. Universal Bond Index as a benchmark for asset allocation across investment-grade, high-yield, and emerging market sectors. The fund maintains a risk profile similar to its index by matching overall interest rate sensitivity, while allowing for up to 20% exposure to lower-quality, high-yield debt.
The intermediate core-plus bond sector typically aims to outperform standard aggregate bond indices by adding exposure to non-investment grade or international debt. This business model relies on active management to generate alpha through credit selection and sector rotation rather than solely tracking a passive benchmark. Investors can evaluate how these credit allocations impact long-term performance by reviewing the detailed metrics on ValueRay.
- Fed interest rate policy shifts drive total return performance
- Credit spread compression enhances high-yield and emerging market allocations
- Bloomberg U.S. Universal Bond Index tracking determines asset allocation
- Active management alpha generation depends on duration and credit positioning
As of June 20, 2026, the stock is trading at USD 45.61 with a total of 2,221,895 shares traded.
Over the past week, the price has changed by +0.04%,
over one month by +1.65%,
over three months by +0.54% and
over the past year by +5.15%.
Fidelity Total Bond has no consensus analysts rating.