Morningstar

Fidelity Total Bond ETF FBND

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FBND

Will FBND outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBND’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FBND management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FBND’s parent organization’s priorities and whether they’re in line with investors’ interests.

A top-flight, all-weather core-plus option.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

Exemplary team planning has helped to secure Fidelity Total Bond’s place among the top intermediate core-plus bond strategies.

by Max Curtin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FBND

More FBND Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.125%

2.01 558M
Government

United States Treasury Notes 4.375%

1.90 528M
Government

United States Treasury Notes 4.25%

1.86 516M
Government

United States Treasury Bonds 5%

1.41 392M
Government

United States Treasury Bonds 4.25%

1.37 381M
Government

United States Treasury Notes 3.875%

1.36 376M
Government

Fidelity Cash Central Fund

1.18 327M
Cash and Equivalents

United States Treasury Bonds 4.5%

1.13 313M
Government

Government National Mortgage Association 5.5%

1.08 300M
Securitized

Federal National Mortgage Association 2%

1.06 295M
Securitized

Sponsor Center