# Fidelity 500 Index Fund (FXAIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fxaix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Passive Index · Inception: 2011-05-04 This fund's primary goal is to mirror the overall investment performance of common stocks listed on public exchanges in the United States. It typically commits a minimum of 80% of its capital to the equities that comprise the S&P 500® Index, which serves as a broad benchmark for the U.S. stock market. Furthermore, the fund generates extra revenue through securities lending. ## Key Facts | Metric | Value | |---|---| | Price | $264.99 | | Expense Ratio | 0.01% | | Assets Under Management | $857.59B | | NAV | $264.99 | | Holdings Count | — | | Distribution Yield (TTM) | 1.06% | | Annual Distribution (TTM) | $2.80 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $220.95 – $271.69 | | Beta | 1.00 | ## Latest Distribution - Amount: $0.7130 /share - Ex-date: 2026-10-02 - Pay date: 2026-10-05 ## Frequently Asked Questions ### What does FXAIX invest in? This fund's primary goal is to mirror the overall investment performance of common stocks listed on public exchanges in the United States. It typically commits a minimum of 80% of its capital to the equities that comprise the S&P 500® Index, which serves as a broad benchmark for the U.S. stock market. Furthermore, the fund generates extra revenue through securities lending. ### What is the expense ratio of FXAIX? Fidelity 500 Index Fund (FXAIX) charges an expense ratio of 0.01%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FXAIX? Fidelity 500 Index Fund (FXAIX) manages $857.59B 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 FXAIX actively managed or an index fund? FXAIX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FXAIX's is 0.01%) because there's no security selection cost. ### When was FXAIX launched? Fidelity 500 Index Fund (FXAIX) launched in May 2011 and is managed by Fidelity. ### How has FXAIX performed? FXAIX'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. ### Does FXAIX pay a dividend? Fidelity 500 Index Fund (FXAIX) currently distributes little or no income. Trailing-twelve-month yield is 1.06%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FXAIX pay dividends? Fidelity 500 Index Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FXAIX's dividend yield? FXAIX's trailing-twelve-month yield is 1.06%, calculated from the sum of dividends over the past year divided by the current price. ### When is FXAIX's next ex-dividend date? The most recently announced ex-dividend date for FXAIX was 2026-10-02. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FXAIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.01% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FXAIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FXAIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FXAIX cost more than a fund like VOO? FXAIX is a passive index fund (current expense ratio 0.01%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to FXAIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FXAIX (0.01%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fxaix - Distribution history: https://www.dividenddata.com/funds/fxaix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fxaix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fxaix/expenses - Peer comparison: https://www.dividenddata.com/funds/fxaix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.