Core Insights - The Fidelity Total Bond ETF (FBND) is favored by investors seeking steady monthly payouts with a yield of 4.62% and focuses on stability by holding about 80% of its assets in investment-grade bonds [1][4][5] - Investors looking for higher yields can explore Fidelity's high-yield ETFs, which offer yields in the mid-six percent range, providing stronger cash flow compared to traditional core bonds [3][5] Fidelity Total Bond ETF - Classified in the intermediate core-plus category, the Fidelity Total Bond ETF prioritizes stability and competitive long-term returns while maintaining a yield comfortably in the 4% range [4][5] - The fund's avoidance of lower-rated credit contributes to its stable yield, appealing to income-oriented investors [5] High-Yield Alternatives - The Fidelity Enhanced High Yield ETF (FDHY) offers a yield of 6.59%, doubling the income of the Fidelity Total Bond ETF by investing in high-yield corporate bonds and distributing $3.24 per share annually [6][7] - The Fidelity Sustainable High Yield ETF provides a yield of 6.53% with ESG screening and a 2.16% expense ratio, which limits risk exposure compared to traditional high-yield funds [7] - The Fidelity Limited Term Bond ETF yields 4.31% with shorter maturities and has delivered 9.37% dividend growth while reducing rate volatility impact [7]