# Fidelity Agricultural Productivity Fund (FARMX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/farmx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Actively Managed · Inception: 2020-04-16 This fund is designed to commit a significant portion of its holdings, specifically at least 80% of its capital, to companies actively involved in boosting agricultural output. Its investment strategy primarily focuses on equity securities. The scope of eligible businesses is broad, encompassing sectors such as the manufacturing of farm equipment and components, irrigation systems, agricultural efficiency solutions and support services, agri-science and biotechnology, fertilizers, pesticides and other crop protection agents, seed development, specialized crop chemicals, agricultural product... ## Key Facts | Metric | Value | |---|---| | Price | $21.87 | | Expense Ratio | 0.95% | | Assets Under Management | $46.6M | | NAV | $21.87 (2026-10-29 close) | | Holdings Count | — | | Distribution Yield (TTM) | 1.27% | | Annual Distribution (TTM) | $0.28 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $17.84 – $24.16 | | Beta | 0.59 | ## Latest Distribution - Amount: $0.0830 /share - Ex-date: 2026-07-10 - Pay date: 2026-07-13 ## Frequently Asked Questions ### What does FARMX invest in? This fund is designed to commit a significant portion of its holdings, specifically at least 80% of its capital, to companies actively involved in boosting agricultural output. Its investment strategy primarily focuses on equity securities. The scope of eligible businesses is broad, encompassing sectors such as the manufacturing of farm equipment and components, irrigation systems, agricultural efficiency solutions and support services, agri-science and biotechnology, fertilizers, pesticides and other crop protection agents, seed development, specialized crop chemicals, agricultural product processing, prepared food production, aquatic farming, and services for livestock. It is important to note that this investment vehicle is classified as non-diversified. ### What is the expense ratio of FARMX? Fidelity Agricultural Productivity Fund (FARMX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FARMX? Fidelity Agricultural Productivity Fund (FARMX) manages $46.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FARMX actively managed or an index fund? FARMX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FARMX's is 0.95%) in exchange for the discretion to over- or under-weight positions. ### When was FARMX launched? Fidelity Agricultural Productivity Fund (FARMX) launched in April 2020 and is managed by Fidelity. ### How has FARMX performed? FARMX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FARMX pay a dividend? Fidelity Agricultural Productivity Fund (FARMX) currently distributes little or no income. Trailing-twelve-month yield is 1.27%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FARMX pay dividends? Fidelity Agricultural Productivity Fund pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FARMX's dividend yield? FARMX's trailing-twelve-month yield is 1.27%, calculated from the sum of dividends over the past year divided by the current price. ### When is FARMX's next ex-dividend date? The most recently announced ex-dividend date for FARMX was 2026-07-10. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FARMX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.95% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FARMX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FARMX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FARMX cost more than a fund like VOO? FARMX is actively managed (current expense ratio 0.95%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FARMX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FARMX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FARMX (0.95%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/farmx - Distribution history: https://www.dividenddata.com/funds/farmx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/farmx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/farmx/expenses - Peer comparison: https://www.dividenddata.com/funds/farmx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.