FBNDFidelity Total Bond ETF

Fidelity Total Bond ETF is an actively managed fixed-income fund designed to provide broad exposure to the U.S. taxable bond market. Fidelity Total Bond ETF typically invests primarily in investment-grade debt, while retaining flexibility to allocate a smaller portion to lower-rated bonds, mortgage-backed securities, government securities, and other bond sectors. The fund is used as a core bond holding for investors seeking diversified income-oriented exposure across a wide range of maturities and credit qualities. It is managed to align overall interest-rate risk with a broad U.S. bond benchmark, making it a common portfolio component for diversification and balance within fixed-income allocations. As part of Fidelity’s ETF lineup, Fidelity Total Bond ETF serves both individual and institutional investors looking for an all-in-one bond strategy with active sector and security selection.