Is FXAIX a good buy?
FXAIX posts returns that have historically outperformed its benchmark index, and it offers a 1.30% dividend yield that’s pretty competitive. The Fidelity 500 Index Fund should appeal to any investors looking for a single core holding, and it lacks a minimum investment amount for all account types.
What is the dividend yield for FXAIX?
The current dividend payout for stock Fidelity 500 Index Fund (FXAIX) as of July 1, 2022 is 1.85 USD. The forward dividend yield for FXAIX as of July 1, 2022 is 1.39%. Average dividend growth rate for stock Fidelity 500 Index Fund (FXAIX) for past three years is 2.17%.
Is Fidelity 500 index a good fund?
The index covers about 80% of the investable market capitalization of the U.S. equity market. The S&P 500 has been widely touted by many experts as a good addition to retirement portfolios because it is broadly diversified across all sectors. It can also withstand volatility because it is not focused on one industry.
How much should you put in FXAIX?
Fund Details
| Initial | Subsequent | |
|---|---|---|
| Basic | $2,500 | $1 |
| IRA | $1,000 | $1 |
| Custodial | $1,000 | $1 |
Which is better FXAIX or VOO?
FXAIX and VOO are largely identical. Both track the same collection of stocks (the S&P 500 Index) and hence, are similar in dividend yield and annual returns. They also offer incredibly low fees. However, VOO is an ETF while FXAIX is a mutual fund, you can’t trade a mutual fund all day.
Is FXAIX better than VTI?
FXAIX is a mutual fund, whereas VTI is an ETF. FXAIX has a higher 5-year return than VTI (16.59% vs 12.82%)….
| FXAIX | VTI | |
|---|---|---|
| 3-Year Return | 18.18% | 11.58% |
| 5-Year Return | 16.59% | 12.82% |
| 10-Year Return | 14.61% | 12.94% |
Does FXAIX pay a monthly dividend?
Schedule monthly income from dividend stocks with a monthly payment frequency. Diversify across sectors or allocate more towards a bullish sector thesis. Quickest stock price recoveries post dividend payment.
What type of fund is FXAIX?
Fund Details
| Category | S&P 500 Index |
|---|---|
| Fund Family | Fidelity |
| Fund Status | Open |
| Fund Inception | May 4, 2011 |
| Manager | Team Managed |
What is FXAIX similar to?
FXAIX and VOO are largely identical. Both track the same collection of stocks (the S&P 500 Index) and hence, are similar in dividend yield and annual returns. They also offer incredibly low fees.
Which is better Vfiax or FXAIX?
If you look at the expense ratio and amount of capital needed, FXAIX will be a better choice as its expense ratio is lower than VFIAX. You also have the flexibility to invest a smaller amount into FXAIX, as there is no minimum sum to FXAIX as compared to VFIAX which requires a minimum sum of $3,000.
Is there a minimum to buy FXAIX?
There is no minimum investment requirement Since FXAIX doesn’t require a minimum investment, you purchase it as you go.
What kind of fund is FXAIX?
What FXAIX holds?
Top 10 Holdings
| Company | Symbol | Total Net Assets |
|---|---|---|
| Apple Inc. | AAPL | 7.05% |
| Microsoft Corp. | MSFT | 6.02% |
| Amazon.com Inc. | AMZN | 3.71% |
| Tesla Inc. | TSLA | 2.35% |