- What does FIMVX invest in?
- The fund's core investment approach is to commit at least 80% of its total assets to securities that are components of the Russell Midcap® Value Index. This benchmark index, which employs a market capitalization-weighted methodology, is specifically constructed to track the performance of value-oriented companies within the mid-capitalization sector of the American stock market.
- What is the expense ratio of FIMVX?
- Fidelity Mid Cap Value Index Fund (FIMVX) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FIMVX?
- Fidelity Mid Cap Value Index Fund (FIMVX) manages $1.79B 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 FIMVX actively managed or an index fund?
- FIMVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FIMVX launched?
- Fidelity Mid Cap Value Index Fund (FIMVX) launched in July 2019 and is managed by Fidelity.
- How has FIMVX performed?
- FIMVX'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.
