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FIPDX Fidelity® Inflation-Prot Bd Index

  • Fund
  • FIPDX
  • Price as of: Dec 12, 2018
  • $9.61
  • - $0.02
  • - 0.21%
  • Category
  • Inflation-Protected Bonds

FIPDX - Profile

Vitals

  • YTD Return -2.3%
  • 3 Yr Annualized Return 1.6%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $5.12 B
  • Holdings in Top 10 38.8%

52 WEEK LOW AND HIGH

$9.61
$9.54
$9.90

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.05%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 33.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Inflation-Protected Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Inflation-Protected Bond

Distributions

  • YTD Total Return -2.3%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Fidelity® Inflation-Protected Bond Index Fund
  • Fund Family Name Fidelity Investments
  • Inception Date May 16, 2012
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Brandon Bettencourt

Fund Description

The fund normally invests at least 80% of assets in inflation-protected debt securities included in the Bloomberg Barclays U.S. Treasury Inflation-Protected Securities (TIPS) Index (Series-L). It engages in transactions that have a leveraging effect on the fund, including investments in derivatives - such as swaps (interest rate, total return, and credit default) and futures contracts - and forward-settling securities, to adjust the fund's risk exposure.

FIPDX - Performance

Return Ranking - Trailing

Period FIPDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -2.3% -11.0% 7.2% 24.88% 2
1 Yr -0.9% -6.0% 10.5% 40.50% 3
3 Yr 1.6% * -3.0% 7.4% 25.54% 2
5 Yr 1.2% * -1.5% 4.1% 12.92% 1
10 Yr N/A * 1.5% 11.8% N/A N/A

* Annualized


Return Ranking - Calendar

Period FIPDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 1.7% -3.1% 9.4% 14.29% 1
2016 3.2% -6.8% 12.1% 24.23% 2
2015 -2.1% -19.2% 2.0% 22.68% 2
2014 2.6% -14.4% 20.3% 3.26% 1
2013 -9.2% -27.3% 7.6% 36.11% 3

Total Return Ranking - Trailing

Period FIPDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -2.3% -11.0% 5.4% 24.38% 2
1 Yr -0.9% -8.4% 14.3% 35.00% 2
3 Yr 1.6% * -4.0% 7.4% 23.37% 2
5 Yr 1.2% * -1.8% 4.1% 12.36% 1
10 Yr N/A * 1.5% 11.8% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period FIPDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 1.7% -2.8% 9.4% 14.80% 1
2016 3.4% -6.8% 12.1% 29.38% 2
2015 -1.7% -12.9% 4.8% 27.32% 2
2014 3.8% -11.7% 26.1% 4.89% 1
2013 -8.8% -27.7% 21.9% 39.44% 3

NAV & Total Return History

FIPDX - Holdings

Filings data as of: Oct 31, 2018

Concentration Analysis

FIPDX Category Low Category High FIPDX % Rank Quintile
Net Assets 5.12 B 1.26 M 27.6 B 4.02% 1
Number of Holdings 40 3 1503 21.11% 4
Net Assets in Top 10 2.02 B -23.9 M 21.3 B 4.52% 1
Weighting of Top 10 38.8% 8.1% 279.7% 28.14% 5

Top 10 Holdings

  1. United States Treasury Notes 0.12% 4.65%
  2. United States Treasury Notes 0.12% 4.02%
  3. United States Treasury Notes 0.12% 3.88%
  4. United States Treasury Notes 0.62% 3.82%
  5. United States Treasury Notes 0.38% 3.81%
  6. United States Treasury Notes 0.12% 3.81%
  7. United States Treasury Notes 0.12% 3.79%
  8. United States Treasury Notes 0.12% 3.68%
  9. United States Treasury Notes 0.38% 3.68%
  10. United States Treasury Notes 0.12% 3.65%

Asset Allocation

Weighting Category Low Category High FIPDX % Rank Quintile
Bonds
99.98% 0.00% 134.05% 7.96% 2
Cash
0.02% -34.05% 61.39% 23.12% 4
Stocks
0.00% -0.11% 17.90% 3.98% 4
Preferred Stocks
0.00% 0.00% 1.78% 4.52% 4
Other
0.00% -1.70% 13.79% 10.55% 4
Convertible Bonds
0.00% 0.00% 5.52% 8.04% 4

Bond Sector Breakdown

Weighting Category Low Category High FIPDX % Rank Quintile
Government
99.98% 0.00% 133.95% 4.52% 1
Cash & Equivalents
0.02% -34.12% 58.08% 24.12% 4
Derivative
0.00% -21.70% 8.49% 4.52% 4
Securitized
0.00% 0.00% 50.72% 18.59% 5
Corporate
0.00% 0.00% 61.54% 20.10% 5
Municipal
0.00% 0.00% 101.06% 5.03% 4

Bond Geographic Breakdown

Weighting Category Low Category High FIPDX % Rank Quintile
US
99.98% 31.96% 118.97% 7.04% 2
Non US
0.00% -4.66% 23.76% 20.60% 5

FIPDX - Expenses

Operational Fees

FIPDX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.05% 0.04% 17.48% 59.70% 1
Management Fee 0.05% 0.00% 0.70% 17.91% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.35% N/A N/A

Sales Fees

FIPDX Fees (% of AUM) Category Low Category High FIPDX Rank Quintile
Front Load N/A 2.25% 4.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FIPDX Fees (% of AUM) Category Low Category High FIPDX Rank Quintile
Max Redemption Fee N/A 0.25% 0.25% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FIPDX Fees (% of AUM) Category Low Category High FIPDX Rank Quintile
Turnover 33.00% 0.70% 758.00% 19.10% 2

FIPDX - Distributions

Dividend Yield Analysis

FIPDX Category Low Category High FIPDX % Rank Quintile
Dividend Yield 0.0% 0.00% 6.25% 75.00% 5

Dividend Distribution Analysis

FIPDX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FIPDX Category Low Category High FIPDX % Rank Quintile
Net Income Ratio 2.22% -1.31% 5.26% 22.39% 2

Capital Gain Distribution Analysis

FIPDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

FIPDX - Managers

Brandon Bettencourt

Manager

Start Date

May 19, 2014

Tenure

4.54

Tenure Rank

12.0%

Since joining Fidelity Investments in 2008, Mr. Bettencourt has worked as a research associate, portfolio analyst, and portfolio manager.


Jay Small

Manager

Start Date

Apr 30, 2015

Tenure

3.59

Tenure Rank

14.2%

Prior to joining Fidelity Investments in 2010 as a corporate bond trader, Mr. Small worked as a corporate bond trader at 40/86 Advisors (formerly known as Conseco Capital Management, Inc.) from 2007 to 2010.


Tenure Analysis

Category Low

0.2

Category High

22.5

Category Average

6.45

Category Mode

3.9