Morningstar

Fidelity U.S. Bond Index Fund FXNAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 10.00  /  −0.20 %
  • Total Assets 67.6B
  • Adj. Expense Ratio
    0.025%
  • Expense Ratio 0.020%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.97%
  • Effective Duration 5.83 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 9:21 PM GMT+0

Morningstar’s Analysis FXNAX

Will FXNAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FXNAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FXNAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FXNAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Fidelity U.S. Bond Index holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings FXNAX

More FXNAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 1.5%

0.92 642M
Government

United States Treasury Notes 2.75%

0.85 587M
Government

Fidelity Cash Central Fund

0.84 581M
Cash and Equivalents

United States Treasury Notes 2.625%

0.83 574M
Government

United States Treasury Notes 4.125%

0.75 525M
Government

United States Treasury Notes 3.5%

0.72 504M
Government

United States Treasury Notes 3.5%

0.72 498M
Government

Federal Home Loan Mortgage Corp. 2%

0.60 417M
Securitized

United States Treasury Notes 3.875%

0.59 408M
Government

United States Treasury Notes 4.25%

0.58 400M
Government

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