Advertisement
Skip to Content
Morningstar

Fidelity® US Bond Index FXNAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.27  /  0.28 %
  • Total Assets 59.6 Bil
  • Adj. Expense Ratio
    0.020%
  • Expense Ratio 0.025%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 2.63%
  • Effective Duration 6.25 years

USD | NAV as of Jun 09, 2023 | 1-Day Return as of Jun 09, 2023, 10:14 PM GMT+0

Morningstar’s Analysis FXNAX

Will FXNAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FXNAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FXNAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of FXNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity ® US Bond Index's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FXNAX

More FXNAX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 9323
  • Other Holdings 36
  • % Assets in Top 10 Holdings 9.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 2.75%

1.94
1,162,078,985
Government

United States Treasury Notes 1.5%

1.07
638,864,529
Government

United States Treasury Notes 2.625%

0.96
573,109,912
Government

Federal Home Loan Mortgage Corporation 2%

0.93
553,723,671
Securitized

United States Treasury Notes 1.5%

0.78
469,121,975
Government

United States Treasury Notes 3%

0.75
451,535,776
Government

United States Treasury Notes 3.5%

0.69
413,630,903
Government

United States Treasury Notes 4.125%

0.68
405,393,076
Government

United States Treasury Notes 0.5%

0.67
402,368,824
Government

United States Treasury Notes 1%

0.65
389,614,824
Government