|Bid||51.58 x 2900|
|Ask||51.59 x 1400|
|Day's Range||51.58 - 51.63|
|52 Week Range||49.47 - 51.93|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.01|
|Expense Ratio (net)||0.04%|
The following is our latest Fund Analyst Report for Fidelity U.S. Bond Index FXNAX . Fidelity U.S. Bond Index is a compelling core bond strategy. While its index-tracking performance hasn't been quite as strong as some of its index peers, its sizable cost advantage and conservative credit risk should serve investors well over the long term.
The fund tracks the Bloomberg Barclays U.S. Aggregate Enhanced Yield Index, which divides the investment-grade-focused Aggregate Index into 20 subcomponents. The index defines these subcomponents by sector (securitized, corporate credit, and government), years to maturity, and credit rating. The strategy offers higher yield by tilting toward corporate bonds and away from U.S. Treasuries relative to the Aggregate Index.
There is no doubt about it. Passively managed index funds and exchange-traded funds (ETFs) are driving fund industry fees lower while saving investors billions of dollars in the process. Last year, investors paid record low fees, saving a tidy $4 billion along the way.
Vanguard, the second-largest U.S. issuer of exchange traded funds, said it is changing the listing venue for the Vanguard Total Bond Market ETF (BND) to Nasdaq from the New York Stock Exchagne (NYSE). BND, one of the largest fixed income ETFs in the U.S., will make the switch on or about July 26. “By moving BND to Nasdaq, Vanguard aims to achieve certain benefits, including trading and liquidity synergies among its suite of total bond market ETFs,” according to a statement from Pennsylvania-based Vanguard.
When it comes to investing in ETFs, various investors are acclimated to using different metrics, fundamental or technical, when it comes down to screening for those with the best returns. One aspect that ...