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Fidelity Total Bond Fund (FTBFX) in Focus

Fidelity Total Bond (FTBFX) a Zacks Ranked #2 (Buy) seeks a high level of current income. FTBFX normally invests the majority of its assets in debt securities of all types and repurchase agreements for those securities.

The Fidelity Total Bond fund, managed by Fidelity, carries an expense ratio of 0.45. Moreover, FTBFX requires a minimal initial investment of $2,500.

FTBFX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.19%, 3 year 2.36%, and 5 year 3.95%. To see how this fund performed compared in its category, please click here.

FTBFX’s performance, as of the last filing, when compared to funds in its category was in the top 11% in 1 year, top 9% over the past 3 years, and in the 13% over the past 5 years.

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