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About Fidelity Total Bond ETF
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Inception date
Oct 6, 2014
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FBND combines a rules-based sector allocation with active security selection for its take on broad exposure to the USD debt market. It accesses the same strategy of an existing Fidelity mutual fund (FTBFX) in a transparent ETF wrapper. While it`s actively managed, FBND uses the Barclays US Universal Bond Index to guide its sector allocation. This produces exposure to high yield (up to 20%), which is one of many sectors along with Treasurys, MBS, corporates, agencies and USD-denominated EM debt. The fund aims to match the duration of this index as well. To enhance its returns, FNBD can use derivatives to expand the opportunity set and add leverage.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Government
Corporate
Stocks0.00%
Transportation0.00%
Finance0.00%
Bonds, Cash & Other100.00%
Securitized34.75%
Government33.93%
Corporate30.04%
Loans5.16%
Mutual fund2.11%
Miscellaneous0.52%
Cash−6.50%
Stock breakdown by region
North America92.26%
Europe5.59%
Latin America0.83%
Middle East0.51%
Asia0.41%
Africa0.29%
Oceania0.11%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FBND invests in bonds. The fund's major sectors are Securitized, with 34.75% stocks, and Government, with 33.93% of the basket. The assets are mostly located in the North America region.
FBND top holdings are United States Treasury Notes 3.75% 31-AUG-2031 and United States Treasury Notes 3.875% 15-AUG-2034, occupying 3.77% and 2.76% of the portfolio correspondingly.
FBND last dividends amounted to 0.19 USD. The month before, the issuer paid 0.18 USD in dividends, which shows a 3.17% increase.
FBND assets under management is 18.30 B USD. It's risen 1.06% over the last month.
FBND fund flows account for 9.15 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FBND pays dividends to its holders with the dividend yield of 4.70%. The last dividend (May 1, 2025) amounted to 0.19 USD. The dividends are paid monthly.
FBND shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Oct 6, 2014, and its management style is Active.
FBND expense ratio is 0.36% meaning you'd have to pay 0.36% of your investment to help manage the fund.
FBND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FBND invests in bonds.
FBND price has fallen by −0.86% over the last month, and its yearly performance shows a 0.02% increase. See more dynamics on FBND price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.27% over the last month, showed a 0.00% decrease in three-month performance and has increased by 4.55% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.27% over the last month, showed a 0.00% decrease in three-month performance and has increased by 4.55% in a year.
FBND trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.