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I am considering closing out a money market account and buying shares in ftbfx fund. I want a moderate risk bond fund. would this fund be a good choice.
Moderate expenses for a bond fund, core plus (so it won't shy away from a slug of junk bonds when appropriate), and somewhat remarkably for Fidelity, fairly stable management. I like the fact that it's doing well without overloading on MBSs. It matches the market (but not the category) there, using VBTIX as a reference.
Another core plus bond fund worth a close look is BCOIX. Similar profile, very low turnover, great bond fund company, lower cost, slightly better performance. $25K min. For less, there's the investor class shares BCOSX, with an added 12b-1 fee (all in, still just 0.10% more expensive than FTBFX).
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https://www.treasury.gov/resource-center/data-chart-center/interest-rates/pages/TextView.aspx?data=yieldYear&year=2019
Moderate expenses for a bond fund, core plus (so it won't shy away from a slug of junk bonds when appropriate), and somewhat remarkably for Fidelity, fairly stable management. I like the fact that it's doing well without overloading on MBSs. It matches the market (but not the category) there, using VBTIX as a reference.
Another core plus bond fund worth a close look is BCOIX. Similar profile, very low turnover, great bond fund company, lower cost, slightly better performance. $25K min. For less, there's the investor class shares BCOSX, with an added 12b-1 fee (all in, still just 0.10% more expensive than FTBFX).