Fidelity Mid Cap Index Fund (FSMDX) (https://finance.yahoo.com/quote/FSMDX) seeks to provide investment results that correspond to the total return of stocks of mid-capitalization United States companies. The fund invests normally at least 80% of its assets in securities included in the Russell Midcap® Index. It lends securities to earn income.
The Fidelity Mid Cap Index Fund (FSMDX) aims to provide results that match the total return of mid-cap companies in the United States. It typically invests 80% of assets in stocks included in the Russell Midcap Index.
Fund Overview
- Net Assets 21.95 Billions
- YTD Return 14.04%
- Yield 1.19%
There is a 0.025% expense ratio and no minimum investment requirement as of June 29, 2020. As of the end of April 30, 2021, the fund held $21.95 billion in assets. Its five-year average annual return was 15.57%, nearly matching its benchmark of 15.58% as of April 30, 2021.
Sector Weightings (%)
- Basic Materials 4.45%
- Consumer Cyclical 13.01%
- Financial Services 11.60%
- Real Estate 7.73%
- Consumer Defensive 4.26%
- Healthcare 12.04%
- Utilities 4.72%
- Communication Services 5.39%
- Energy 3.03%
- Industrials 14.73%
- Technology 19.06%
Top 10 Holdings (4.44% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| KLA Corp | KLAC | 0.50% |
| Twitter Inc | TWTR | 0.49% |
| Twilio Inc A | TWLO | 0.48% |
| Ford Motor Co | F | 0.47% |
| Freeport-McMoRan Inc | FCX | 0.47% |
| Johnson Controls International PLC | JCI | 0.42% |
| Align Technology Inc | ALGN | 0.41% |
| HP Inc | HPQ | 0.40% |
| IDEXX Laboratories Inc | IDXX | 0.40% |
| Parker Hannifin Corp | PH | 0.40% |
In conclusion, FSMDX is one of the best US mid cap index fund.
Love this fund short time investment.
FSMDX is great fund for long term.