- What does FIPDX invest in?
- This fund aims to mirror the performance of the Bloomberg Barclays U.S. Treasury Inflation-Protected Securities (TIPS) Index (Series-L). To achieve this objective, it typically allocates at least 80% of its total assets to inflation-protected debt instruments. Additionally, the fund utilizes various financial tools that can amplify its portfolio's exposure, such as derivatives—including interest rate, total return, and credit default swaps, as well as futures contracts—and forward-settling securities, all employed to fine-tune its overall risk profile.
- What is the expense ratio of FIPDX?
- Fidelity Inflation-Protected Bond Index Fund (FIPDX) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FIPDX's dividend yield?
- FIPDX's trailing-twelve-month yield is 4.35%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FIPDX?
- Effective duration measures FIPDX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FIPDX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FIPDX?
- FIPDX'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 FIPDX?
- Yield to maturity (YTM) is the total return you'd earn from FIPDX if every bond in the portfolio is held to maturity at the current price. FIPDX'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.
