Logo



FSITX - Fidelity Spartan US Bond Index Fund Fidelity Advantage Class

Don't let mutual funds siphon away your returns.
Get our FREE Report: "Index Funds and ETFs – A Smarter Way To Invest"
Your Mutual Fund

Fidelity Spartan US Bond Index Fund Fidelity Advantage Class (FSITX)
Expense Ratio: 0.11%
Expected Lifetime Fees: $3,595.26


The Fidelity Spartan US Bond Index Fund Fidelity Advantage Class fund (FSITX) is a Intermediate-Term Bond fund started on 5/4/2011 and has $14.80 billion in assets under management. The current manager has been running Fidelity Spartan US Bond Index Fund Fidelity Advantage Class since 2/22/2009. The fund is rated by Morningstar. This fund does not charge 12b-1 fees.




The Following Intermediate-Term Bond Funds Have Lower Fees Than Fidelity Spartan US Bond Index Fund Fidelity Advantage Class (FSITX). Why are these metrics important?
Mutual Fund Name Ticker Symbol Turnover Assets (M) Annual Fees
BlackRock Bond Allc Tgt Shares Ser C BRACX 41.0% 349 0.00%
BlackRock Bond Allc Tgt Shares Ser M BRAMX 523.0% 321 0.03%
BlackRock Bond Allc Tgt Shares Ser S BRASX 192.0% 134 0.01%
Vanguard Interm-Term Investment-Grade Ad VFIDX 49.0% 17,400 0.10%
Vanguard Total Bond Market Idx Instl Pls VBMPX 73.0% 110,100 0.05%
Vanguard Total Bond Market Index Inst VBTIX 73.0% 110,100 0.07%
Vanguard Total Bond Market Index Signal VBTSX 73.0% 110,100 0.10%



Search for a mutual fund by symbol or name:

x
Why Are These Metrics Important?


Turnover
Turnover represents how much of a mutual fund's holdings are changed over the course of a year through buying and selling. Active mutual funds have an average turnover rate of about 85%, meaning that funds are turning over nearly all of their holdings every year. A high turnover means you could make lower returns because: 1) buying and selling stocks costs money through commissions and spreads and 2) the fund will distribute yearly capital gains which increases your taxes. Look for funds with turnover rates below 50%. For comparison, ETF turnover rates average around 10% or lower.

Assets
Generally, smaller funds do better than larger ones. The more assets in a mutual fund, the lower the chance that it will beat its index. Managers outperform an index by choosing stocks that are undervalued. In order to find these undervalued stocks, the manager has to know more than his competitors to develop an "edge." There are only a finite number of stocks a mutual fund manager can reasonably analyze and actively track to gain such a competitive edge. When the fund has more assets, the manager must analyze large companies because he needs to take larger positions. Large companies are more efficiently priced in the market and it becomes increasingly difficult to get an edge.

}