Fidelity Multi-Asset Index

Frequently Asked Questions About FFNOX

What does FFNOX invest in?

This fund offers a broadly diversified, index-oriented investment by strategically allocating its assets among four core Fidelity stock and bond index funds. The portfolio is structured with approximately 48% invested in the Fidelity® 500 Index Fund, 12% in the Fidelity® Extended Market Index Fund, 25% in the Fidelity® International Index Fund, and the remaining 15% in the Fidelity® U.S. Bond Index Fund.

What is the expense ratio of FFNOX?

Fidelity Multi-Asset Index (FFNOX) charges an expense ratio of 0.11%. This is the annual fee deducted from fund assets to cover management and operations.

What is FFNOX's dividend yield?

FFNOX's trailing-twelve-month yield is 2.34%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of FFNOX?

Effective duration measures FFNOX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FFNOX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of FFNOX?

FFNOX'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 FFNOX?

Yield to maturity (YTM) is the total return you'd earn from FFNOX if every bond in the portfolio is held to maturity at the current price. FFNOX'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.