FNILX: Fidelity ZERO Large Cap Index

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FNILX Fidelity ZERO Large Cap Index


Profile

FNILX - Profile

Vitals

  • YTD Return -2.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $1.69 B
  • Holdings in Top 10 22.5%

52 WEEK LOW AND HIGH

$10.95
$9.49
$11.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

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

BROKERAGE FEES

  • Turnover 3.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -2.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.91%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity ZERO Large Cap Index Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Sep 13, 2018
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Louis Bottari

Fund Description

The fund normally invests at least 80% of assets in common stocks of large capitalization companies included in the Fidelity U.S. Large Cap Index?, which is a float-adjusted market capitalization-weighted index designed to reflect the performance of U.S. large capitalization stocks. Large capitalization stocks are considered to be stocks of the largest 500 U.S. companies based on float-adjusted market capitalization.


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Categories

Fund Company Quick Screens

FNILX - Fund Company Quick Screens


Performance

FNILX - Performance

Return Ranking - Trailing

Period FNILX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -9.7% 2.6% 29.21%
1 Yr 13.4% -73.2% 33.8% 8.99%
3 Yr N/A* -33.7% 55.6% N/A
5 Yr N/A* -26.6% 29.3% N/A
10 Yr N/A* -9.2% 16.0% N/A

* Annualized

Return Ranking - Calendar

Period FNILX Return Category Return Low Category Return High Rank in Category (%)
2019 30.2% -72.6% 38.1% 7.49%
2018 N/A -67.0% 10.0% N/A
2017 N/A -32.8% 302.5% N/A
2016 N/A -26.1% 19.7% N/A
2015 N/A -82.5% 7.8% N/A

Total Return Ranking - Trailing

Period FNILX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.6% -9.7% 2.6% 29.21%
1 Yr 13.4% -73.2% 30.8% 8.99%
3 Yr N/A* -33.7% 55.6% N/A
5 Yr N/A* -16.1% 29.3% N/A
10 Yr N/A* -4.7% 17.1% N/A

* Annualized

Total Return Ranking - Calendar

Period FNILX Return Category Return Low Category Return High Rank in Category (%)
2019 30.2% -72.6% 38.1% 7.49%
2018 N/A -67.0% 10.0% N/A
2017 N/A -22.1% 302.5% N/A
2016 N/A -16.4% 23.8% N/A
2015 N/A -26.4% 106.5% N/A

NAV & Total Return History


Holdings

FNILX - Holdings

Concentration Analysis

FNILX Category Low Category High FNILX % Rank
Net Assets 1.69 B 135 K 902 B 37.27%
Number of Holdings 509 1 3587 17.06%
Net Assets in Top 10 340 M 46.7 K 178 B 46.16%
Weighting of Top 10 22.49% 2.2% 100.0% 79.49%

Top 10 Holdings

  1. Apple Inc 4.73%
  2. Microsoft Corp 4.42%
  3. Amazon.com Inc 2.76%
  4. Facebook Inc A 1.79%
  5. JPMorgan Chase & Co 1.65%
  6. Berkshire Hathaway Inc B 1.60%
  7. Alphabet Inc Class C 1.48%
  8. Alphabet Inc A 1.45%
  9. Johnson & Johnson 1.42%
  10. Visa Inc Class A 1.19%

Asset Allocation

Weighting Return Low Return High FNILX % Rank
Stocks
99.31% 82.05% 145.87% 35.08%
Cash
0.69% -73.32% 17.34% 61.84%
Preferred Stocks
0.00% -17.98% 6.21% 92.00%
Other
0.00% -2.64% 22.43% 89.25%
Convertible Bonds
0.00% 0.00% 9.79% 91.51%
Bonds
0.00% 0.00% 47.70% 91.92%

Stock Sector Breakdown

Weighting Return Low Return High FNILX % Rank
Technology
20.15% 0.00% 42.83% 43.27%
Financial Services
16.13% 0.00% 49.34% 49.80%
Healthcare
14.58% 0.00% 29.41% 38.37%
Communication Services
10.30% 0.00% 25.09% 37.71%
Consumer Cyclical
9.48% 0.00% 35.48% 62.86%
Industrials
9.11% 0.00% 30.01% 67.35%
Consumer Defense
7.31% 0.00% 28.92% 53.71%
Energy
4.29% -1.47% 15.92% 37.39%
Utilities
3.25% 0.00% 19.47% 44.57%
Real Estate
3.10% 0.00% 65.29% 34.94%
Basic Materials
2.27% -0.14% 13.34% 48.90%

Stock Geographic Breakdown

Weighting Return Low Return High FNILX % Rank
US
98.38% 80.03% 144.61% 23.77%
Non US
0.93% 0.00% 19.64% 73.16%

Expenses

FNILX - Expenses

Operational Fees

FNILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 49.73% 99.84%
Management Fee 0.00% 0.00% 2.00% 0.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

FNILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

FNILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

FNILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 3.00% 0.00% 412.00% 5.05%

Distributions

FNILX - Distributions

Dividend Yield Analysis

FNILX Category Low Category High FNILX % Rank
Dividend Yield 0.00% 0.00% 16.52% 95.39%

Dividend Distribution Analysis

FNILX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Semi-Annually

Net Income Ratio Analysis

FNILX Category Low Category High FNILX % Rank
Net Income Ratio 1.91% -2.85% 81.00% 10.06%

Capital Gain Distribution Analysis

FNILX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Semi-Annually

Dividend Payout History

View More +

Fund Manager Analysis

FNILX - Fund Manager Analysis

Managers

Louis Bottari


Start Date

Tenure

Tenure Rank

Sep 13, 2018

1.38

1.4%

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

Sep 13, 2018

1.38

1.4%

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 41.11 6.03 0.59