I guess it depends on what you are looking for.
FBND is Fidelities version of BND which is the same as AGG.

Have you looked at their charts? They all have lost -10.5% to -11.5% in the last 5 years. Price only. If all you care about is the dividend, that's okay I guess. But it sure isn't what I would use for "safe" "income" money.

FBND total return 5 years CAGR 1.24% $10,000 became $10,650. Yuck
If you took the dividends in cash (as income), $10,000 became $8,900.
10 years not much better. CAGR 2.37%. $10,000 became $12,600

Max drawdown -17%. I'm not feeling it.

I prefer to go with a decent Money Market fund, like SWVXX. No volatility, no drawdown, no excitement. Just what I want for safe money. I'll take the slightly lower total return. Stock allocation is where I want the volatility to be.

Actually, I like FLRN for my bond allocation and SWVXX or WMPXX for Money Market cash allocation.

Mechanical Investing FAQ

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