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Fixed Income, Bonds & CDs

Did you know that you can invest in CDs with Fidelity starting with a minimum of only $100? Learn more about Fractional CDs.

Choose from 100,000 new issue and secondary market bonds and CDs, and over 150,000 total offerings quotations when including our depth of book. Only $1 per bond mark-up/mark-down for secondary bond trading, $0 for US Treasuries online.

GUARANTEED RATES FOR DEFERRED FIXED ANNUITIES

Saving for retirement with deferred fixed annuities (PDF)

Learn more about what deferred fixed annuities can offer.
Learn more

Compare deferred fixed annuities

Compare the deferred fixed annuities available through The Fidelity Insurance Network to select the product that best fits your goals.
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Bond types and ratings are listed in the left column, maturities across the top. The numerical values represent the high or median yield for each category based on offerings that may be available. Select a value to see bond search results and review the yields offered in the context of the structure and risks of specific offerings (requires login). Visit Investment Products > Fixed Income to read more about the advantages and risks of brokered CDs and the different bond types listed.

Understanding This Table 3mo 6mo 9mo 1yr 2yr 3yr 5yr 10yr 20yr 30yr+
CDs (New Issues) 5.45% 5.50% 5.60% 5.70% 5.60% 5.55% 5.65% 5.50% -- --
BONDS
U.S. Treasury 5.50% 5.52% 5.46% 5.49% 5.12% 4.86% 4.63% 4.52% 4.86% 4.66%
U.S. Treasury Zeros -- -- -- 5.37% 5.03% 4.80% 4.63% 4.67% 5.03% 4.51%
Agency/GSE 5.79% 5.54% 5.64% 5.56% 5.80% 5.87% 6.02% 6.40% 5.67% --
Corporate (Aaa/AAA) 2.88% 5.50% 5.47% 5.19% 5.01% 5.07% 4.85% 5.76% 5.11% 5.15%
Corporate (Aa/AA) 4.53% 5.79% 5.55% 5.61% 5.70% 5.37% 4.99% 5.42% 5.68% 5.37%
Corporate (A/A) 5.42% 6.03% 5.88% 6.02% 5.94% 6.05% 6.04% 6.28% 6.18% 6.48%
Corporate (Baa/BBB) 5.80% 6.12% 6.51% 6.83% 6.86% 7.68% 8.85% 7.27% 7.66% 7.25%
Municipal (Aaa/AAA) 4.64% 4.45% 4.61% 4.61% 3.99% 4.28% 4.49% 4.94% 4.96% --
Municipal (Aa/AA) 4.82% 4.87% 4.51% 4.93% 4.55% 4.51% 4.80% 5.15% 5.40% 4.67%
Municipal (A/A) 4.82% 4.44% 4.47% 4.64% 4.95% 4.46% 4.80% 5.15% 5.47% --
Taxable Municipal* 5.99% 5.57% 5.82% 5.85% 6.15% 5.72% 5.70% 5.51% 5.69% 5.38%
As of 7:39 AM ET 09/27/2023. Yields may be delayed up to 15 minutes.

Separately Managed Accounts


Looking for a targeted stock or bond portfolio built around a specific investment strategy? You can work with a dedicated Fidelity advisor who can help you decide if our separately managed accounts may be the investment vehicle you are searching for.1




Already have a dedicated Fidelity advisor? Schedule an appointment login required

Fidelity® Core Bond Strategy

Seeks to generate income while limiting risk to principal.

Minimum investment

$350,000

Gross annual advisory fee

0.35%–0.40%3

(varies based on total assets invested)

Fidelity® Intermediate Municipal Strategy

Seeks to generate federally tax-exempt interest income while limiting risk to principal.

Minimum investment

$350,000

Gross annual advisory fee

0.35%–0.40%3

(varies based on total assets invested)

Breckinridge Intermediate Municipal Strategy

Strives to limit risk to principal while generating federally tax-exempt interest income.

Minimum investment

$350,000

Gross annual advisory fee

0.35%–0.40%3

(varies based on total assets invested)

Fidelity® Tax-Managed U.S. Equity Index Strategy

Seeks to pursue the long-term growth potential of U.S. large-cap stocks and to deliver enhanced after-tax returns.2

Minimum investment

$100,000

Gross annual advisory fee

0.20%–0.40%3

(varies based on total assets invested)

Fidelity® U.S. Large Cap Equity Strategy

Seeks to deliver long-term growth in an effort to provide returns greater than the S&P 500® Index over a full market cycle.

Minimum investment

$100,000

Gross annual advisory fee

0.30%–0.90%3

(varies based on total assets invested)

Fidelity® Equity Income Strategy

Seeks to deliver long-term growth of capital over a full market cycle and dividend income greater than the S&P 500® Index, with the potential for less volatility than the U.S. stock market.

Minimum investment

$100,000

Gross annual advisory fee

0.30%–0.90%3

(varies based on total assets invested)

Fidelity® International Equity Strategy

Seeks to deliver long-term growth of capital in an effort to provide returns greater than the MSCI® EAFE® Index (Net MA Tax) over a full market cycle.

Minimum investment

$100,000

Gross annual advisory fee

0.30%–0.90%3

(varies based on total assets invested)

Fidelity® Tax-Managed International Equity Index Strategy

Seeks to pursue the long-term growth potential of international developed market stocks and to deliver enhanced after-tax returns.2

Minimum investment

$100,000

Gross annual advisory fee

0.20%–0.40%3

(varies based on total assets invested)

Fidelity® Tax-Managed U.S. Equity Index Strategy

Seeks to pursue the long-term growth potential of U.S. large-cap stocks and to deliver enhanced after-tax returns.2

Minimum investment

$100,000

Gross annual advisory fee

0.20%–0.40%3

(varies based on total assets invested)

Fidelity® U.S. Large Cap Equity Strategy

Seeks to deliver long-term growth in an effort to provide returns greater than the S&P 500® Index over a full market cycle.

Minimum investment

$100,000

Gross annual advisory fee

0.30%–0.90%3

(varies based on total assets invested)

Fidelity® Equity Income Strategy

Seeks to deliver long-term growth of capital over a full market cycle and dividend income greater than the S&P 500® Index, with the potential for less volatility than the U.S. stock market.

Minimum investment

$100,000

Gross annual advisory fee

0.30%–0.90%3

(varies based on total assets invested)

Fidelity® International Equity Strategy

Seeks to deliver long-term growth of capital in an effort to provide returns greater than the MSCI® EAFE® Index (Net MA Tax) over a full market cycle.

Minimum investment

$100,000

Gross annual advisory fee

0.30%–0.90%3

(varies based on total assets invested)

Fidelity® Tax-Managed International Equity Index Strategy

Seeks to pursue the long-term growth potential of international developed market stocks and to deliver enhanced after-tax returns.2

Minimum investment

$100,000

Gross annual advisory fee

0.20%–0.40%3

(varies based on total assets invested)

BlackRock® Diversified Income Portfolio

Looks to generate investment income by investing in traditional and nontraditional sources of income, while carefully balancing the trade-offs between risk and yield.

Minimum investment

$200,000

Gross annual advisory fee

0.50%–1.50%3

(varies based on total assets invested)

Fidelity® Core Bond Strategy

Seeks to generate income while limiting risk to principal.

Minimum investment

$350,000

Gross annual advisory fee

0.35%–0.40%3

(varies based on total assets invested)

Fidelity® Intermediate Municipal Strategy

Seeks to generate federally tax-exempt interest income while limiting risk to principal.

Minimum investment

$350,000

Gross annual advisory fee

0.35%–0.40%3

(varies based on total assets invested)

Breckinridge Intermediate Municipal Strategy

Strives to limit risk to principal while generating federally tax-exempt interest income.

Minimum investment

$350,000

Gross annual advisory fee

0.35%–0.40%3

(varies based on total assets invested)

Introducing Fidelity Rewards+®—exclusive benefits for investors like you

As a thank you for clients who invest at least $250,000 in professionally managed assets,4 we're offering a wide range of benefits including:

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Highest cash back rate for everyday purchases

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Waived minimum investments on select lower-cost money market funds, giving you more choice for investing your cash

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3 layers of advanced identity protection from IDnotify®, a part of Experian®

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Trade options online free from commissions and no contract fees on up to 100,000 contracts6

Invest more, get more. It's that simple.

Learn more

Let's talk about how we can work together

Contact us today to set up an appointment.

800-544-1766

Find an Investor Center

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Minimum markup or markdown of $19.95 applies if traded with a Fidelity representative. For U.S. Treasury purchases traded with a Fidelity representative, a flat charge of $19.95 per trade applies. A $250 maximum applies to all trades, reduced to a $50 maximum for bonds maturing in one year or less. Rates are for U.S. dollar-denominated bonds; additional fees and minimums apply for non-dollar bond trades. Other conditions may apply; see Fidelity.com/commissions for details. Please note that markups and markdowns may affect the total cost of the transaction and the total, or "effective," yield of your investment. The offering broker, which may be our affiliate, National Financial Services LLC, may separately mark up or mark down the price of the security and may realize a trading profit or loss on the transaction.

1. To enroll in Fidelity® Strategic Disciplines or the BlackRock Diversified Income Portfolio of Fidelity® Wealth Services, clients must generally qualify for support from a dedicated Fidelity advisor, which is based on a variety of factors (for example, a client with at least $250,000 invested in eligible Fidelity account(s) would typically qualify). For details, review the Program Fundamentals available online or through a representative.
2.

​Tax-smart (i.e., tax-sensitive) investing techniques, including tax-loss harvesting, are applied in managing certain taxable accounts on a limited basis, at the discretion of the portfolio manager, primarily with respect to determining when assets in a client's account should be bought or sold. Assets contributed may be sold for a taxable gain or loss at any time. There are no guarantees as to the effectiveness of the tax-smart investing techniques applied in serving to reduce or minimize a client's overall tax liabilities, or as to the tax results that may be generated by a given transaction. ​​

3. The advisory fee does not cover charges resulting from trades effected with or through broker-dealers other than affiliates of Fidelity Investments, mark-ups or mark-downs by broker-dealers, transfer taxes, exchange fees, regulatory fees, odd-lot differentials, handling charges, electronic fund and wire transfer fees, or any other charges imposed by law or otherwise applicable to your account. You will also incur underlying expenses associated with the investment vehicles selected.
4.

Eligible assets generally include those invested through Fidelity® Wealth Services, Fidelity® Strategic Disciplines, or a combination of both registered as an individual account, a joint account, or certain types of revocable trusts. Assets in other registration types, such as irrevocable trusts, partnerships, or LLCs, will not be included when determining program eligibility. Fidelity Rewards is not offered as a component of any advisory service or program through Fidelity, including, without limitation, Fidelity® Wealth Services and Fidelity® Strategic Disciplines. While there are no program enrollment fees, eligible managed accounts are charged an advisory fee.

5. You may be eligible to earn additional Points on eligible Net Purchases, in addition to the Points you may earn in the Fidelity® Rewards Visa Signature® Card Program if you qualify and are registered into the Fidelity Rewards+ program. Earn up to 2% cash back on purchases when you use your Fidelity Rewards Visa Signature Card and earn up to an additional 1% as a participant in the Fidelity Rewards+® program for Wealth Management clients. Eligibility and applicability of the additional Points are determined by Fidelity Brokerage Services, LLC. Fidelity Rewards Visa Signature Card Program, managed by Elan Financial Services, and Fidelity Rewards+, managed by Fidelity, are separate programs. Full details for the Fidelity Rewards+ program appear in the Fidelity Rewards+ Terms and Conditions and in the Program Rules for Fidelity Rewards Visa Signature Card Program.
"Highest cash back" claim based on research conducted in September 2021 by Competiscan, LLC of publicly available consumer cash back credit card offers, excluding those with an annual fee, category restrictions, or requirements that cash back be used only as a statement credit.
6.

Fidelity waives commissions for all online options trades. In addition, the $0.65 per contract fee for Fidelity Rewards+ customers is waived on up to 100,000 contracts. This waiver is limited to 100 trades per year for the Gold tier, 250 trades per year for the Platinum tier, and unlimited trades per year for the Platinum Plus tier. All tiers are subject to the 100,000 contract limit. Note that an Options Regulatory Fee applies to both buy and sell transactions. See Fidelity.com/commissions for details. In addition, sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). All non-Fidelity regulatory fees are subject to change.

Options trading entails significant risk and is not appropriate for all investors. Certain complex options strategies carry additional risk. Before trading options, please read Characteristics and Risks of Standardized Options. Supporting documentation for any claims, if applicable, will be furnished upon request.

The third-party trademarks and service marks appearing herein are the property of their respective owners.

You could lose money by investing in a money market fund. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Before investing, always read a money market fund’s prospectus for policies specific to that fund.

For taxable accounts, Fidelity® Equity-Income Strategy, Fidelity® International Equity Strategy and Fidelity® U. S. Large Cap Equity Strategy may apply tax-sensitive investment management techniques (including tax-loss harvesting) are applied on a limited basis, at the discretion of the portfolio manager, primarily with respect to determining when assets in a client's account should be bought or sold. With this discretionary investment management service, any assets contributed to an investor's account that the portfolio manager does not elect to retain may be sold at any time after contribution. An investor may have a gain or loss when assets are sold.
Clients in our separately managed accounts are responsible for all tax liabilities arising from transactions in their accounts, for the adequacy and accuracy of any positions taken on tax returns, for the actual filing of tax returns, and for the remittance of tax payments to taxing authorities.
An SMA is not intended to provide a complete investment program. You are responsible for appropriate diversification of assets held outside your SMA.
The S&P 500® Index is an unmanaged, market capitalization–weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
MSCI EAFE Index (Net MA Tax) is an unmanaged, market capitalization–weighted index that is designed to measure the investable equity market performance for global investors in developed markets, excluding the U.S. and Canada. Index returns are adjusted for tax withholding rates applicable to U.S.-based mutual funds organized as Massachusetts business trusts.
You cannot invest directly in an index. Securities indexes are not subject to fees and expenses typically associated with managed accounts.
Generally, among asset classes, stocks are more volatile than bonds or short-term instruments and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. Although the bond market is also volatile, lower-quality debt securities including leveraged loans generally offer higher yields compared to investment grade securities, but also involve greater risk of default or price changes. Foreign markets can be more volatile than U.S. markets due to increased risks of adverse issuer, political, market or economic developments, all of which are magnified in emerging markets.
The municipal market can be affected by adverse tax, legislative or political changes and the financial condition of the issuers of municipal securities. Interest income generated by municipal bonds is generally expected to be exempt from federal income taxes and, if the bonds are held by an investor resident in the state of issuance, state and local income taxes. Such interest income may be subject to federal and/or state alternative minimum taxes. Investing in municipal bonds for the purpose of generating tax-exempt income may not be appropriate for investors in all tax brackets. Generally, tax-exempt municipal securities are not appropriate holdings for tax advantaged accounts such as IRAs and 401(k)s.
The Blackrock Diversified Income Portfolio is an optional investment strategy offered as a component of Fidelity Wealth Services (the "Program"). Fidelity Personal and Workplace Advisors LLC is the sponsor of the program and Strategic Advisers LLC is the portfolio manager for BlackRock Diversified Income Portfolio Program accounts. BlackRock Investment Management, LLC provides models to Strategic Advisers.
BlackRock Investment Management, LLC (BlackRock) is an independent entity which is not legally affiliated with any Fidelity Investments company. Strategic Advisers is the portfolio manager for Fidelity® Wealth Services accounts investing in the BlackRock Diversified Income Portfolio and implements trades for the accounts based on the model portfolio of investments it receives from BlackRock. Strategic Advisers may select investments for an account that differ from BlackRock's model.
Fidelity® Strategic Disciplines is an advisory service offered by Fidelity Personal and Workplace Advisors LLC (FPWA), a registered investment adviser. Fidelity® Strategic Disciplines includes the Breckinridge Intermediate Municipal Strategy, the Fidelity® Equity-Income Strategy, the Fidelity® U.S. Large Cap Equity Strategy, the Fidelity® International Equity Strategy, the Fidelity® Tax-Managed International Equity Index Strategy, the Fidelity® Tax-Managed U.S. Equity Index Strategy, the Fidelity® Intermediate Municipal Strategy and the Fidelity® Core Bond Strategy. Fidelity® Wealth Services is an advisory service offered by FPWA or Fidelity Personal Trust Company, FSB (FPTC), a federal savings bank. Nondeposit investment products and trust services offered by FPTC and its affiliates are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency, are not obligations of any bank, and are subject to risk, including possible loss of principal. Brokerage services provided by Fidelity Brokerage Services LLC (FBS), and custodial and related services provided by National Financial Services LLC (NFS), each a member NYSE and SIPC. FPWA, FPTC, FBS and NFS are Fidelity Investments companies. These advisory services are provided for a fee.
FPWA has engaged Breckinridge Capital Advisors, Inc. to provide the day-to-day discretionary portfolio management of Breckinridge Intermediate Municipal Strategy accounts, including investment selection and trade execution, subject to FPWA's oversight. Breckinridge is an independent registered investment adviser and is not affiliated with any Fidelity Investments company.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

924216.4.0
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The Matching CUSIPs figure is an approximation and may vary from the total results figure provided on the Search Results page.
The Matching CUSIPs figure includes only the best offer side quotations for each of the displayed CUSIPs. It does not include any depth of book offerings for those CUSIPs.