# Fidelity International Bond Index Fund (FBIIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fbiix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Bond - Strategy: Passive Index · Inception: 2019-10-10 This fund typically allocates a minimum of 80% of its investments to securities featured in the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Diversified Index (USD Hedged). This multi-currency benchmark comprises various fixed-rate debt instruments, including government, corporate, and securitized bonds, issued by entities in both developed and emerging economies, explicitly excluding any U.S. dollar-denominated debt. To mirror the performance of this index, the portfolio manager employs statistical sampling, carefully considering attributes such as duration, maturity, interest rate... ## Key Facts | Metric | Value | |---|---| | Price | $8.96 | | Expense Ratio | 0.06% | | Assets Under Management | $1.38B | | NAV | $8.96 | | Holdings Count | — | | Distribution Yield (TTM) | 4.92% | | Annual Distribution (TTM) | $0.44 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $8.89 – $9.45 | | Beta | 0.50 | ## Latest Distribution - Amount: $0.0540 /share - Ex-date: 2026-10-02 - Pay date: 2026-10-05 ## Frequently Asked Questions ### What does FBIIX invest in? This fund typically allocates a minimum of 80% of its investments to securities featured in the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Diversified Index (USD Hedged). This multi-currency benchmark comprises various fixed-rate debt instruments, including government, corporate, and securitized bonds, issued by entities in both developed and emerging economies, explicitly excluding any U.S. dollar-denominated debt. To mirror the performance of this index, the portfolio manager employs statistical sampling, carefully considering attributes such as duration, maturity, interest rate sensitivity, security structure, and creditworthiness. Notably, this portfolio is classified as non-diversified. ### What is the expense ratio of FBIIX? Fidelity International Bond Index Fund (FBIIX) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FBIIX's dividend yield? FBIIX's trailing-twelve-month yield is 4.92%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of FBIIX? Effective duration measures FBIIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FBIIX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of FBIIX? FBIIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of FBIIX? Yield to maturity (YTM) is the total return you'd earn from FBIIX if every bond in the portfolio is held to maturity at the current price. FBIIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does FBIIX pay a dividend? Yes, Fidelity International Bond Index Fund (FBIIX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.92%. Full dividend history is on this page. ### How often does FBIIX pay dividends? Fidelity International Bond Index Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FBIIX's next ex-dividend date? The most recently announced ex-dividend date for FBIIX was 2026-10-02. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FBIIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.06% 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 FBIIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FBIIX'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 FBIIX cost more than a fund like VOO? FBIIX is a passive index fund (current expense ratio 0.06%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to FBIIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FBIIX (0.06%) 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/fbiix - Distribution history: https://www.dividenddata.com/funds/fbiix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fbiix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fbiix/expenses - Peer comparison: https://www.dividenddata.com/funds/fbiix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.