Fidelity 500 Index Fund (FXAIX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, MA, United States.
FXAIX has IPO date of 2011-05-04, listed on the NASDAQ, a market capitalization of $719.44B.
Fidelity 500 Index Fund is a passively managed investment fund that seeks to replicate the total return performance of the S&P 500 Index, which comprises common stocks of large-cap companies publicly traded in the United States. The fund typically allocates at least 80 percent of its assets to stocks included in the S&P 500 Index, providing investors with broad exposure to the U.S. equity market. Additionally, the fund generates supplemental income through securities lending activities, which helps enhance returns for shareholders.