Fidelity Investments·2026-06-21·via All Articles on Seeking Alpha
Summary
U.S. taxable investment-grade bonds posted a roughly break-even result in the first quarter, as measured by the Bloomberg U.S. Aggregate Bond Index.
Headline inflation for January came in at 2.4%, the lowest reading since May 2025, while the jobs report showed solid January hiring.
At the sector level, U.S. Treasuries (-0.04%) outpaced more credit-sensitive U.S. investment-grade corporate bonds (-0.54%).
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Investment Approach
Fidelity® Total Bond ETF is a diversified fixed-income strategy seeking competitive risk-adjusted performance commensurate with investor expectations of a core bond fund.
The fund invests at least 80% of its assets in investment-grade