Fidelity Inflation Protected Bond Fund (FIPEX)
| 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 | 21.39 |
| YTD Return | 1.28% |
| 1-Year Return | 6.79% |
| 5-Year Return | 4.90% |
| 52-Week Low | 20.12 |
| 52-Week High | 21.39 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FIPEX
Fidelity Advisor 529 Inflation-Protected Bond Portfolio Class A is a fixed income mutual fund designed to help address the impact of inflation on long-term savings, particularly within 529 college savings plans. Its primary function is to invest at least 80% of assets in inflation-protected debt securities, such as Treasury Inflation-Protected Securities (TIPS), which are structured to preserve purchasing power by adjusting their principal and interest payments according to inflation rates. This portfolio is tailored for investors seeking to mitigate inflation risk while targeting stable, real returns as part of a broader education savings strategy. It is relevant for individuals planning for future educational expenses and seeking asset protection against erosive inflationary forces. The portfolio's construction reflects a focused approach to managing interest rate and inflation risk, making it a significant component of fixed income options within the 529 savings market.
Performance
FIPEX had a total return of 6.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.40%.