Fidelity Mid Cap Value Index Fund

Frequently Asked Questions About FIMVX

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 $1.61B 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.