Mutual funds are very similar to Exchange-Traded Funds (ETFs). They are offered by investment platforms such as Vanguard and Fidelity.
The fund tends to invest 80% of its assets in different debt securities and repurchase agreements.
FXNAX aims to provide investment results that match the Bloomberg Barclays US Aggregate Bond Index debt’s total price and interest rates securities.
The expense ratio of FTBX is 0.45% while FXNAX is 0.03%..
The fund’s portfolios are made up of investment-grade bonds issued by US government bonds and US firms. They also have a portfolio in mortgage-backed bonds.
Remember that before you can invest in a fund, you should consider its investment objectives, expenses, risks, charges, and expenses.