The Fidelity Total Bond Fund ETF offers a 4.62% dividend yield with a 0.36% expense ratio, outperforming competitors like the PIMCO Active Bond ETF. It has delivered a 6.57% year-to-date return and holds at least 80% of assets in investment-grade bonds. Investors are urged to consider other options for income maximization.

The Vanguard Total Bond Market ETF tracks the entire U.S. investment-grade bond market with a 0.03% expense ratio and a 3.83% dividend yield. It is a strong competitor to Fidelity’s offering. Another option is the iShares Core U.S. Aggregate Bond ETF, tracking the Bloomberg U.S. Aggregate Bond Index with a 0.03% expense ratio and a 3.87% dividend yield.

The PIMCO Active Bond ETF offers a higher expense ratio at 0.60% but provides a $4.75 annual dividend, ideal for those focused on income generation. For a more adaptive strategy, investors can consider the iShares Flexible Income Active ETF with a 6.13% yield and $3.25 annual dividend payout. Before switching, investors should consider factors like fee structure and risk levels.

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Read more at Yahoo Finance: FBND Is Great For Income, But There Are Better Options