FSKAX Mutual Fund — Fidelity Total Market Index Fund

Fidelity Total Market Index Fund (FSKAX)

FSKAX is a low-cost Mutual Fund. its distribution rate is 0.92%, its trailing-12-month yield is 0.93%, its expense ratio is 0.015%. Dividend Vision Distribution Safety Score™ is 35/100 (Elevated risk). Total return is 692.9% over the past 15 years, 40.0 points behind SPY at 732.9%.

At the current 0.92% distribution rate, a $10,000 investment would generate approximately $92 per year, or about $46.00 per semi-annual payment if the next payment matches the last regular one.

Fidelity Total Market Index Fund is a mutual fund that tracks the Dow Jones U.S. Total Stock Market Index, holding at least 80% of its assets in approximately 5,000 U.S.-listed common stocks across all market capitalizations. The fund has a modest current distribution rate and makes distributions semi-annually, with an exceptionally low expense ratio of 0.01%. It appeals to investors seeking broad U.S. equity market exposure with minimal costs.

FSKAX performance versus SPY

Price and return data through 2026-09-18.

Total return is 692.9% over the past 15 years, 40.0 points behind SPY at 732.9%. Over the past year its total return — price change plus distributions reinvested — is 16.1%. Its deepest 1-year drawdown was 8.9%.

FSKAX key facts

Distribution Safety Score™

35 · Elevated risk

Safety-Adjusted Yield

0.32%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

11/05/1997

Expense ratio

0.015%

Distribution rate

0.92%

Distribution frequency

Semi-Annual

Trailing yield

0.93%

Last close

$210.50 (as of 2026-09-18)

NAV

$210.29

Premium / discount

0.10% premium

AUM

$142,222,560,000

Average volume

0.0

Last dividend

$0.164

Last ex-dividend date

04/10/2026 (as of 2026-04-10)

Last payment date

04/13/2026 (as of 2026-04-13)

Beta

1.03

How Dividend Vision calculates yield and returns

Distribution rate (0.92%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.93%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FSKAX risks and drawbacks

FSKAX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.9%.

Who may consider FSKAX — and who may not

FSKAX may suit someone looking for low-cost broad dividend exposure. It is a weaker fit for investors who need monthly cash flow (FSKAX pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare FSKAX

FSKAX vs similar funds:

• FSKAX vs VOO
• FSKAX vs VTI

Frequently asked questions

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