FXAIX Mutual Fund — Fidelity 500 Index Fund

Fidelity 500 Index Fund (FXAIX)

FXAIX is a low-cost Mutual Fund. its distribution rate is 1.03%, its trailing-12-month yield is 1.04%, its expense ratio is 0.015%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 648.6% over the past 15.4 years, 13.2 points ahead of SPY at 635.4%.

At the current 1.03% distribution rate, a $10,000 investment would generate approximately $103 per year, or about $25.75 per quarter if the next payment matches the last regular one.

Fidelity 500 Index Fund is a mutual fund that tracks the S&P 500 Index by investing at least 80% of assets in the 500 large-cap U.S. stocks included in that index. The fund carries a modest distribution rate with quarterly distributions and has a low expense ratio of 0.015%. It appeals primarily to buy-and-hold investors seeking broad U.S. large-cap market exposure with minimal costs.

FXAIX performance versus SPY

Price and return data through 2026-09-18.

Total return is 648.6% over the past 15.4 years, 13.2 points ahead of SPY at 635.4%. Over the past year its total return — price change plus distributions reinvested — is 16.7%. Its deepest 1-year drawdown was 8.9%.

FXAIX key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

1.03%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

02/17/1988

Expense ratio

0.015%

Distribution rate

1.03%

Distribution frequency

Quarterly

Trailing yield

1.04%

Last close

$266.43 (as of 2026-09-18)

NAV

$265.99

Premium / discount

0.17% premium

AUM

$859,163,120,000

Average volume

0.0

Last dividend

$0.695

Last ex-dividend date

07/10/2026 (as of 2026-07-10)

Last payment date

07/13/2026 (as of 2026-07-13)

Beta

1.0

How Dividend Vision calculates yield and returns

Distribution rate (1.03%) 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 (1.04%) 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.

FXAIX risks and drawbacks

FXAIX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 8.9%.

Who may consider FXAIX — and who may not

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

Compare FXAIX

FXAIX vs similar funds:

• FXAIX vs VOO
• FXAIX vs SPY
• FXAIX vs VTI
• FXAIX vs QQQ
• FXAIX vs SPYM
• FXAIX vs SCHD

Frequently asked questions

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