Fidelity Infrastructure Fund

Frequently Asked Questions About FNSTX

What does FNSTX invest in?

The Fidelity Infrastructure Fund typically allocates a substantial portion—at least 80%—of its portfolio to entities deeply embedded in the infrastructure sector. These companies are involved in the ownership, operation, development, distribution, or servicing of infrastructure-related assets. Its primary investment focus is on equity securities. Importantly, the fund maintains a non-diversified investment approach.

What is the expense ratio of FNSTX?

Fidelity Infrastructure Fund (FNSTX) charges an expense ratio of 0.94%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FNSTX?

Fidelity Infrastructure Fund (FNSTX) manages $101.0M 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 FNSTX actively managed or an index fund?

FNSTX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FNSTX's is 0.94%) in exchange for the discretion to over- or under-weight positions.

When was FNSTX launched?

Fidelity Infrastructure Fund (FNSTX) launched in November 2019 and is managed by Fidelity.

How has FNSTX performed?

FNSTX'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.