Fidelity U.S. Bond Index Fund (FXNAX)
Fidelity U.S. Bond Index Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $10.30, up 0.10% on the session, giving a market capitalisation of $69.37B. Its beta of 1.00 implies it has historically moved less than the broad market.
This fund typically allocates at least 80% of its capital to fixed-income securities represented in the Bloomberg U.S. Aggregate Bond Index. The portfolio manager utilizes statistical sampling strategies—considering factors like duration, maturity, interest rate sensitivity, bond structure, and credit quality—to closely track the index's returns while holding a more focused selection of securities. Furthermore, the fund invests in Fidelity's internal central funds.
Fidelity U.S. Bond Index Fund is most often compared with the following Financial Services names: