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FUSVX Fidelity® 500 Index Premium

  • Fund
  • FUSVX
  • Price as of: Dec 09, 2016
  • $79.81
  • + $0.47
  • + 0.59%
  • Category
  • Large Cap Blend Equities

FUSVX - Profile

Vitals

  • YTD Return 11.2%
  • 3 Yr Annualized Return 9.0%
  • 5 Yr Annualized Return 14.4%
  • Net Assets $106 B
  • Holdings in Top 10 17.7%

52 WEEK LOW AND HIGH

$79.81
$64.42
$79.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.07%

SALES FEES

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

BROKERAGE FEES

  • Turnover 5.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$10,000

IRA

$10,000

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 12.9%
  • 3 Yr Annualized Total Return 9.0%
  • 5 Yr Annualized Total Return 14.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.06%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Fidelity® 500 Index Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Oct 14, 2005
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Patrick Waddell

Fund Description

The Spartan 500 Index Fund – Fidelity Advantage Class (FUSVX) aims to provide exposure to the large cap equity space in the U.S. stock market. Namely, the fund will invest most of its assets in the S&P 500, which is comprised of the 500 largest U.S. companies by free-float market capitalization. As an indexed product, FUSVX is able to charge just 5 basis points for investment, making it one of the cheapest funds in the world. The fund debuted in 1988 and has since risen to be among the most popular equity funds available.

Investors can use this product in several different ways. Some may consider it a core building block in a portfolio, as exposure to U.S. large cap stocks is typically a must-have for any portfolio. But it can also be seen as a complementary holding for those who wish to take a wider view on the U.S. market or involve emerging and international markets in their holdings. Either way, FUSVX will offer a relatively stable, cost-effective way to invest in some of the largest names on Wall Street. The fund has a minimum investment threshold of $10,000.

FUSVX - Performance

Return Ranking - Trailing

Period FUSVX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.2% -82.7% 187.8% 30.18% 2
1 Yr 8.0% -51.7% 28.0% 24.82% 2
3 Yr 9.0% * -14.4% 16.8% 6.62% 1
5 Yr 14.4% * -1.0% 19.1% 15.06% 1
10 Yr 6.9% * -0.2% 10.6% 20.81% 2

* Annualized


Return Ranking - Calendar

Period FUSVX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -1.4% -46.9% 5.7% 14.92% 1
2014 11.2% -51.7% 19.5% 16.13% 1
2013 29.7% -88.0% 41.8% 34.97% 2
2012 13.5% -100.0% 42.8% 37.43% 3
2011 0.0% -27.1% 13.3% 20.96% 2

Total Return Ranking - Trailing

Period FUSVX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 12.9% -82.7% 192.1% 19.56% 1
1 Yr 8.0% -52.5% 142.7% 20.07% 2
3 Yr 9.0% * -5.3% 57.6% 6.45% 1
5 Yr 14.4% * -1.0% 19.1% 13.10% 1
10 Yr 6.9% * -0.2% 10.6% 19.10% 1

* Annualized


Total Return Ranking - Calendar

Period FUSVX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 1.4% -40.3% 13.0% 17.40% 1
2014 14.6% -24.8% 54.2% 28.50% 2
2013 36.2% -93.4% 1119.1% 63.87% 4
2012 18.8% -100.0% 282.8% 51.87% 3
2011 2.5% -43.5% 45.5% 21.05% 2

NAV & Total Return History

FUSVX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

FUSVX Category Low Category High FUSVX % Rank Quintile
Net Assets 106 B 9.87 K 482 B 0.43% 1
Number of Holdings 511 1 3780 4.03% 1
Net Assets in Top 10 18.5 B 13.1 K 69.4 B 0.58% 1
Weighting of Top 10 17.7% 2.2% 297.1% 28.99% 5

Top 10 Holdings

  1. Apple Inc 3.21%
  2. Exxon Mobil Corp 1.81%
  3. Microsoft Corp 2.45%
  4. Johnson & Johnson 1.66%
  5. General Electric Co 1.37%
  6. Berkshire Hathaway Inc B 1.44%
  7. Facebook Inc A 1.60%
  8. Amazon.com Inc 1.63%
  9. JPMorgan Chase & Co 1.31%
  10. Alphabet Inc A 1.25%

Asset Allocation

Weighting Category Low Category High FUSVX % Rank Quintile
Stocks
97.23% 0.00% 118.62% 13.35% 3
Cash
2.73% -113.00% 132.07% 13.31% 2
Bonds
0.05% -13.88% 111.67% 7.18% 2
Convertible Bonds
0.00% 0.00% 83.08% 1.73% 5
Preferred Stocks
0.00% 0.00% 90.60% 3.60% 5
Other
0.00% -81.75% 100.00% 10.14% 5

Stock Sector Breakdown

Weighting Category Low Category High FUSVX % Rank Quintile
Technology
18.65% 0.00% 63.16% 11.46% 2
Financial Services
14.29% 0.00% 46.84% 16.58% 3
Healthcare
13.60% 0.00% 30.94% 14.85% 3
Consumer Cyclical
10.82% 0.00% 47.61% 16.08% 3
Industrials
10.31% 0.00% 48.43% 16.80% 3
Consumer Defense
9.76% 0.00% 48.03% 10.17% 2
Energy
6.93% -3.67% 22.58% 11.32% 3
Communication Services
3.89% -3.08% 17.25% 9.44% 3
Utilities
3.25% -3.74% 25.88% 7.21% 2
Basic Materials
2.62% 0.00% 23.55% 13.99% 3
Real Estate
2.26% -0.11% 12.73% 11.03% 2

Stock Geographic Breakdown

Weighting Category Low Category High FUSVX % Rank Quintile
US
96.82% 0.00% 118.15% 10.14% 2
Non US
0.41% -0.64% 94.30% 22.09% 4

Bond Sector Breakdown

Weighting Category Low Category High FUSVX % Rank Quintile
Cash & Equivalents
2.75% -112.98% 131.77% 13.19% 2
Government
0.02% -13.88% 76.37% 5.72% 1
Securitized
0.00% -3.93% 51.96% 3.33% 5
Corporate
0.00% 0.00% 90.60% 7.61% 5
Municipal
0.00% 0.00% 67.28% 2.10% 5
Derivative
0.00% -61.02% 46.77% 1.01% 5

Bond Geographic Breakdown

Weighting Category Low Category High FUSVX % Rank Quintile
US
0.05% -13.88% 96.88% 7.12% 2
Non US
0.00% 0.00% 22.63% 4.39% 5

FUSVX - Expenses

Operational Fees

FUSVX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.07% 0.02% 303.36% 22.08% 1
Management Fee 0.02% 0.00% 2.25% 7.18% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.45% N/A N/A

Sales Fees

FUSVX Fees (% of AUM) Category Low Category High FUSVX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.00% 5.00% N/A N/A

Trading Fees

FUSVX Fees (% of AUM) Category Low Category High FUSVX Rank Quintile
Max Redemption Fee N/A 0.15% 2.00% 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.

FUSVX Fees (% of AUM) Category Low Category High FUSVX Rank Quintile
Turnover 5.00% 0.00% 1754.00% 16.26% 1

FUSVX - Distributions

Dividend Yield Analysis

FUSVX Category Low Category High FUSVX % Rank Quintile
Dividend Yield 1.3% 0.00% 11.20% 2.38% 1

Dividend Distribution Analysis

FUSVX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FUSVX Category Low Category High FUSVX % Rank Quintile
Net Income Ratio 2.06% -2.05% 3.95% 3.54% 1

Capital Gain Distribution Analysis

FUSVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Daily Annually

FUSVX - Managers

Patrick Waddell

Manager

Start Date

Feb 29, 2004

Tenure

12.76

Tenure Rank

2.7%

Waddell has been a Portfolio Manager with Geode since July 2006. Previously, he was an Assistant Portfolio Manager with Geode since 2004. In addition to his portfolio management responsibilities, Waddell is responsible for quantitative research and new product development. Prior to joining Geode, he was employed by Fidelity in 1997 and served as a Senior Portfolio Assistant from 2002 to 2004.


Louis Bottari

Manager

Start Date

Jan 31, 2009

Tenure

7.84

Tenure Rank

5.0%

Mr. Bottari has been an Assistant Portfolio Manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.


Peter Matthew

Manager

Start Date

Aug 31, 2012

Tenure

4.25

Tenure Rank

8.0%

Since joining Geode in 2007, Mr. Matthew has worked as a senior operations associate, portfolio manager assistant, and assistant portfolio manager. Prior to joining Geode, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005.


Deane Gyllenhaal

Manager

Start Date

Sep 30, 2014

Tenure

2.17

Tenure Rank

10.7%

Since joining Geode in 2014, Mr. Gyllenhaal has worked as a senior portfolio manager. Prior to joining Geode, Mr. Gyllenhaal was a senior portfolio manager at Hartford Investment Management from 2006 to 2014.


Thomas Brussard

Manager

Start Date

Aug 31, 2016

Tenure

0.25

Tenure Rank

12.6%

Thomas Brussard, Jr., CFA, has been an Assistant Portfolio Manager with Geode since 2016. Prior to that, Mr. Brussard was a Portfolio Manager Assistant with Geode since 2015 and a Senior Trade Operations Associate since 2011. Prior to joining Geode in 2011, Mr. Brussard was employed by Fidelity Investments from 2006 to 2011.


Tenure Analysis

Category Low

0.0

Category High

81.1

Category Average

6.08

Category Mode

1.9