FXNAX Fees and Costs — Fidelity U.S. Bond Index Fund
Data updated: 2026-07-24
The net expense ratio is 0.03%. There are no sales loads or redemption fees. Portfolio turnover was 45%.
FXNAX Fees and Expenses
Annual operating expenses and sales charges of FXNAX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FXNAX Costs Over Time
On $10,000 invested in FXNAX, assuming 5% a year before costs, total costs come to $19 over 5 years, cutting the return by 0.03% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.03%) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $0 | $2 |
| Total costs | $3 | $10 | $19 |
| Value after costs | $10,497 | $11,566 | $12,744 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
FXNAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $59.5B
- Portfolio turnover (prospectus): 45%
- Securities on loan, average value: $353.2M
- Net income from securities lending: $1.4M (0.002% of average net assets)
FXNAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $9.0B | 15.93% |
| JPMORGAN CHASE and CO | $8.3B | 14.64% |
| MORGAN STANLEY | $8.2B | 14.58% |
| CITIGROUP INC | $8.2B | 14.47% |
| BANK OF AMERICA CORPORATION | $7.5B | 13.23% |
| BARCLAYS PLC | $6.6B | 11.63% |
| WELLS FARGO and CO | $3.9B | 6.95% |
| CITADEL SECURITIES LP | $1.9B | 3.36% |
| MIZUHO FINANCIAL GROUP INC | $1.7B | 3.09% |
| BNP PARIBAS | $1.2B | 2.12% |
Fidelity U.S. Bond Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FUBFX | Class F | 0.03% | — |
| FXNAX | Fidelity U.S. Bond Index Fund | 0.03% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.