FSPGX Mutual Fund — Fidelity Large Cap Growth Index Fund

Fidelity Large Cap Growth Index Fund (FSPGX)

FSPGX is a low-cost Mutual Fund. its distribution rate is 0.37%, its trailing-12-month yield is 0.37%, its expense ratio is 0.035%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 455.8% over the past 10.3 years, 122.1 points ahead of SPY at 333.7%.

At the current 0.37% distribution rate, a $10,000 investment would generate approximately $37 per year, or about $18.50 per semi-annual payment if the next payment matches the last regular one.

Fidelity Large Cap Growth Index Fund is a passively managed mutual fund that tracks the Russell 1000 Growth Index, investing at least 80% of its assets in large-cap U.S. growth stocks. The fund carries a very low expense ratio and generates a modest distribution rate paid on a semi-annual basis. This fund appeals to growth-oriented investors seeking broad exposure to large-cap growth equities with minimal fees.

FSPGX performance versus SPY

Price and return data through 2026-09-30.

Total return is 455.8% over the past 10.3 years, 122.1 points ahead of SPY at 333.7%. Over the past year its total return — price change plus distributions reinvested — is 7.5%. Its deepest 1-year drawdown was 16.2%.

FSPGX key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

0.26%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

06/07/2016

Expense ratio

0.035%

Distribution rate

0.37%

Distribution frequency

Semi-Annual

Trailing yield

0.37%

Last close

$49.15 (as of 2026-09-30)

NAV

$49.20 as of 2026-09-30

Premium / discount

0.10% discount

AUM

$43,684,520,000

Average volume

0.0

Last dividend

$0.021

Last ex-dividend date

06/26/2026

Last payment date

06/29/2026 (as of 2026-06-29)

Beta

1.21

How Dividend Vision calculates yield and returns

Distribution rate (0.37%) 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 (0.37%) 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; 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.

FSPGX risks and drawbacks

FSPGX'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. The deepest 1-year drawdown on record here is 16.2%.

Who may consider FSPGX — and who may not

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

Compare FSPGX

FSPGX vs similar funds:

• FSPGX vs SCHG

Frequently asked questions

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