Our (Reformed) view is that Sacraments are those acts commanded by Christ and are means of Grace. Baptism and communion are both Sacraments. I dont think we have the distinction of sacramentals.
Ah...I see. Well, let me ask this then--because I know this was a point of contention in the Reformation. Does the sacrament of baptism in your understanding infallibly produce its effect? In other words, does the actual washing of water and Spirit remit sins and induct one into the Body of Christ? Or is it more that a person who is *already* a believer goes through the sacrament to sort of confirm that fact? Are sacraments symbolic only, or symbolic and real at the same time?
For the elect, yes.
In other words, does the actual washing of water and Spirit remit sins and induct one into the Body of Christ?
No, Christ remits sin. (and we may have a different definition of remit). Induct? We believe it signifies and seals our ingrafting into Christ.
Or is it more that a person who is *already* a believer goes through the sacrament to sort of confirm that fact?
Yes and no. (see the last answer)
Are sacraments symbolic only, or symbolic and real at the same time?
I'll let the Westminster Shorter Catechism answer that one:
Q. 91. How do the sacraments become effectual means of salvation?
A. The sacraments become effectual means of salvation, not from any virtue in them, or in him that doth administer them; but only by the blessing of Christ, and the working of his Spirit in them that by faith receive them.
Q. 92. What is a sacrament?
A. A sacrament is a holy ordinance instituted by Christ; wherein, by sensible signs, Christ, and the benefits of the new covenant, are represented, sealed, and applied to believers.