Fidelity Inflation Protected Bond Fund (FIDDX)
| Fund Assets | n/a |
| Expense Ratio | 0.04% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 18.79 |
| YTD Return | 0.53% |
| 1-Year Return | 2.61% |
| 5-Year Return | 3.86% |
| 52-Week Low | 17.90 |
| 52-Week High | 19.03 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FIDDX
Fidelity Advisor 529 Inflation Protected Bond Portfolio Class D is a specialty bond mutual fund, designed to help investors—particularly those saving for education through 529 plans—preserve purchasing power in the face of inflation. The portfolio primarily invests in U.S. Treasury Inflation-Protected Securities (TIPS), which are government bonds whose principal adjusts with changes in the Consumer Price Index, aiming to offer a hedge against inflation and provide real return potential. The fund is structured for tax-advantaged college savings and features a moderate interest rate sensitivity with an effective duration of approximately 6.6 years. Its holdings are concentrated in high-credit-quality government securities, enhancing its appeal for investors seeking stability and inflation protection within a diversified 529 plan. The Class D share is characterized by a relatively low expense ratio and is currently closed to new investors, reflecting its established position among education-oriented fixed-income offerings. The portfolio's role in the financial market is to offer a targeted inflation-protection solution within the broader context of education savings initiatives, supporting long-term planning for tuition and related expenses.
Performance
FIDDX had a total return of 2.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.01%.