Fidelity® Mid Cap Growth Index Fund
- FMDGX
- Price as of: Mar 01, 2021
-
$28.52
N/A N/A
- Primary Theme
- U.S. Mid-Cap Growth Equity
- Fund Company
- Fidelity Investments
- Share Class
FMDGX - Snapshot
Vitals
- YTD Return 4.2%
- 3 Yr Annualized Return N/A
- 5 Yr Annualized Return N/A
- Net Assets $528 M
- Holdings in Top 10 11.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.05%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 109.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Growth Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Growth
FMDGX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.76%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFidelity® Mid Cap Growth Index Fund
-
Fund Family NameFidelity Investments
-
Inception DateJul 11, 2019
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPayal Gupta
Fund Description
The fund normally invests at least 80% of assets in securities included in the Russell Midcap® Growth Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap growth segment of the U.S. equity market.
FMDGX - Performance
Return Ranking - Trailing
Period | FMDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -3.7% | 28.9% | 78.61% |
1 Yr | 33.1% | 1.5% | 169.9% | 51.82% |
3 Yr | N/A* | 2.1% | 58.8% | N/A |
5 Yr | N/A* | 10.7% | 54.3% | N/A |
10 Yr | N/A* | 7.4% | 24.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | FMDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 34.3% | -69.7% | 2474.5% | 28.43% |
2019 | N/A | -50.2% | 44.9% | N/A |
2018 | N/A | -70.5% | 9.2% | N/A |
2017 | N/A | -21.1% | 84.9% | N/A |
2016 | N/A | -61.7% | 39.8% | N/A |
Total Return Ranking - Trailing
Period | FMDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -3.7% | 28.9% | 78.44% |
1 Yr | 33.1% | -1.9% | 169.9% | 49.26% |
3 Yr | N/A* | 2.1% | 58.8% | N/A |
5 Yr | N/A* | 10.5% | 54.3% | N/A |
10 Yr | N/A* | 7.4% | 24.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FMDGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 34.3% | -69.7% | 2474.5% | 28.43% |
2019 | N/A | -50.2% | 44.9% | N/A |
2018 | N/A | -51.7% | 12.2% | N/A |
2017 | N/A | -7.0% | 84.9% | N/A |
2016 | N/A | -61.7% | 39.8% | N/A |
NAV & Total Return History
FMDGX - Holdings
Concentration Analysis
FMDGX | Category Low | Category High | FMDGX % Rank | |
---|---|---|---|---|
Net Assets | 528 M | 1.08 M | 38.1 B | 64.86% |
Number of Holdings | 350 | 10 | 2588 | 3.87% |
Net Assets in Top 10 | 59.6 M | 208 K | 10.3 B | 74.84% |
Weighting of Top 10 | 11.79% | 4.2% | 97.2% | 96.92% |
Top 10 Holdings
- Moderna Inc 1.35%
- IDEXX Laboratories Inc 1.24%
- Align Technology Inc 1.23%
- Spotify Technology SA 1.22%
- KLA Corp 1.19%
- Fidelity Revere Str Tr 1.17%
- DocuSign Inc 1.17%
- Lululemon Athletica Inc 1.17%
- Twilio Inc A 1.16%
- The Trade Desk Inc A 1.15%
Asset Allocation
Weighting | Return Low | Return High | FMDGX % Rank | |
---|---|---|---|---|
Stocks | 99.96% | 29.91% | 102.10% | 9.52% |
Cash | 0.05% | -5.31% | 41.10% | 88.23% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 14.52% |
Other | 0.00% | -2.23% | 39.00% | 21.61% |
Convertible Bonds | 0.00% | 0.00% | 1.16% | 7.42% |
Bonds | 0.00% | 0.00% | 17.46% | 11.45% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FMDGX % Rank | |
---|---|---|---|---|
Technology | 36.46% | 0.00% | 63.56% | 14.35% |
Healthcare | 21.23% | 0.00% | 39.30% | 46.77% |
Industrials | 11.48% | 0.00% | 35.17% | 64.52% |
Consumer Cyclical | 10.97% | 0.00% | 67.94% | 75.00% |
Communication Services | 7.81% | 0.00% | 26.94% | 33.39% |
Consumer Defense | 4.28% | 0.00% | 15.26% | 23.71% |
Financial Services | 3.54% | 0.00% | 37.20% | 78.23% |
Real Estate | 2.44% | 0.00% | 14.19% | 46.77% |
Basic Materials | 1.27% | 0.00% | 20.37% | 48.23% |
Energy | 0.42% | 0.00% | 49.06% | 26.45% |
Utilities | 0.10% | 0.00% | 5.78% | 22.74% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FMDGX % Rank | |
---|---|---|---|---|
US | 99.24% | 29.81% | 100.01% | 4.03% |
Non US | 0.72% | 0.00% | 56.23% | 85.65% |
FMDGX - Expenses
Operational Fees
FMDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.05% | 0.05% | 25.69% | 99.83% |
Management Fee | 0.05% | 0.00% | 1.50% | 0.80% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
FMDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
FMDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.20% | 2.00% | N/A |
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.
FMDGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 109.00% | 1.00% | 457.00% | 89.26% |
FMDGX - Distributions
Dividend Yield Analysis
FMDGX | Category Low | Category High | FMDGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 1.35% | 8.79% |
Dividend Distribution Analysis
FMDGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Annually | Annually |
Net Income Ratio Analysis
FMDGX | Category Low | Category High | FMDGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.76% | -2.48% | 1.59% | 4.14% |
Capital Gain Distribution Analysis
FMDGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
FMDGX - Fund Manager Analysis
Managers
Payal Gupta
Start Date
Tenure
Tenure Rank
Jul 11, 2019
1.56
1.6%
Payal Gupta joined Geode in 2019, Ms. Gupta has worked as a portfolio manager. Prior to joining Geode, Ms. Gupta worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Before joining SSGA in 2005, she worked as an analyst at Concentra Integrated Services and at Morgan Stanley. Ms. Gupta holds an MBA with specialization in Investments and Information Systems from Northeastern University and a Bachelor of Science in Information Technology from Bay Path University.
Peter Matthew
Start Date
Tenure
Tenure Rank
Jul 11, 2019
1.56
1.6%
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
Start Date
Tenure
Tenure Rank
Jul 11, 2019
1.56
1.6%
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.
Louis Bottari
Start Date
Tenure
Tenure Rank
Jul 11, 2019
1.56
1.6%
Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior 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.
Robert Regan
Start Date
Tenure
Tenure Rank
Jul 11, 2019
1.56
1.6%
Since joining Geode in 2016, Mr. Regan has worked as a portfolio manager. Prior to joining Geode, Mr. Regan was senior implementation portfolio manager at State Street Global Advisors from 2008 to 2016.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 34.97 | 8.07 | 0.14 |