Fidelity Flex Mid Cap Index Fund (FLAPX)
| Fund Assets | 605.61M |
| Expense Ratio | 0.00% |
| Min. Investment | $0.00 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 0.68% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 23.98 |
| YTD Return | 10.16% |
| 1-Year Return | 24.03% |
| 5-Year Return | 52.96% |
| 52-Week Low | 18.71 |
| 52-Week High | 24.35 |
| Beta (5Y) | 1.02 |
| Holdings | 494 |
| Inception Date | Mar 9, 2017 |
About FLAPX
Fidelity Flex Mid Cap Index Fund is an open-end mutual fund designed to track the performance of mid-capitalization U.S. companies. Its primary objective is to provide investment results that correspond to the total return of stocks within the Russell Midcap® Index, which represents a broad cross-section of medium-sized American businesses across diverse sectors, including technology, industrials, financial services, and energy. The fund maintains a passively managed, index-based strategy, allocating at least 80% of its assets to securities in the benchmark. Notable features include a highly competitive, low expense ratio and no minimum investment requirement, making it accessible to a wide range of investors. Its diversified portfolio consists of over 800 holdings, with approximately 6–7% of assets concentrated in the top ten positions. The fund distributes dividends semi-annually and capital gains annually. As a core holding in many investment portfolios, Fidelity Flex Mid Cap Index Fund plays a significant role in offering broad mid-cap market exposure, helping to balance risk and return within diversified strategies.
Performance
FLAPX had a total return of 24.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.61%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWMCX | Schwab | Schwab ® U.S. Mid-Cap Index Fund | 0.04% |
Top 10 Holdings
10.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Sandisk Corporation | SNDK | 2.21% |
| Ciena Corporation | CIEN | 1.37% |
| Lumentum Holdings Inc. | LITE | 1.24% |
| Comfort Systems USA, Inc. | FIX | 1.21% |
| AngloGold Ashanti plc | AU | 1.03% |
| Coherent Corp. | COHR | 0.94% |
| EMCOR Group, Inc. | EME | 0.83% |
| Tapestry, Inc. | TPR | 0.72% |
| TechnipFMC plc | FTI | 0.70% |
| Casey's General Stores, Inc. | CASY | 0.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.149 | Dec 23, 2024 |
| Jun 28, 2024 | $0.053 | Jul 1, 2024 |
| Dec 15, 2023 | $0.271 | Dec 18, 2023 |
| Jun 23, 2023 | $0.056 | Jun 26, 2023 |
| Dec 16, 2022 | $0.185 | Dec 19, 2022 |
| Jun 24, 2022 | $0.076 | Jun 27, 2022 |