Fidelity Inflation-Protected Bond Index Fund (FIPDX) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Bonds industry. The company is headquartered in Boston, MA, United States.
FIPDX has IPO date of 2012-05-10, listed on the NASDAQ, a market capitalization of $11.35B.
Fidelity Inflation-Protected Bond Index Fund is an index-tracking mutual fund that primarily invests at least 80% of its assets in inflation-protected debt securities tracked by the Bloomberg Barclays U.S. Treasury Inflation-Protected Securities (TIPS) Index (Series-L). The fund seeks to provide exposure to U.S. Treasury inflation-protected securities, which are designed to protect investors against inflation risk. To manage its risk exposure and enhance returns, the fund may engage in leveraging transactions including derivatives such as interest rate swaps, total return swaps, credit default swaps, and futures contracts, as well as forward-settling securities. This strategy allows the fund to adjust its portfolio positioning while maintaining its core focus on inflation-protected debt securities.
