Investors who want to focus on steady monthly payouts often look for investments that don't expose them to excessive credit risk. For this reason, the Fidelity Total Bond ETF ( NYSE:FBND) has become a go-to choice for Fidelity investors. Delivering a 4.62% yield, this fund functions as a core bond position that works well for portfolios of all shapes and sizes.
One of my retirement investing platforms happens to be Fidelity, so I've been diving deeper into which exchange traded funds (ETFs) may fit my risk profile and investing time horizon better than others of late. And while I do use other platforms as well such as Vanguard for my investing accounts, I have noticed that some Fidelity ETFs have underlying fundamentals that are on par with the Vanguard options I typically opt for.