![]() FXAIX 3 weeks ago Estimated | Quarterly | $0.72 Per Share |
![]() FXAIX 3 months ago Paid | Quarterly | $0.72 Per Share |
![]() FXAIX 6 months ago Paid | Quarterly | $0.64 Per Share |
![]() FXAIX 9 months ago Paid | Quarterly | $0.63 Per Share |
![]() FXAIX 5 Apr 2024 Paid | Quarterly | $0.55 Per Share |
![]() FXAIX 15 Dec 2023 Paid | Quarterly | $0.7 Per Share |
![]() FXAIX 3 weeks ago Estimated | Quarterly | $0.72 Per Share |
![]() FXAIX 3 months ago Paid | Quarterly | $0.72 Per Share |
![]() FXAIX 6 months ago Paid | Quarterly | $0.64 Per Share |
![]() FXAIX 9 months ago Paid | Quarterly | $0.63 Per Share |
![]() FXAIX 5 Apr 2024 Paid | Quarterly | $0.55 Per Share |
![]() FXAIX 15 Dec 2023 Paid | Quarterly | $0.7 Per Share |
NASDAQ Exchange | United States Country |
The company is a fund that primarily focuses on investing in common stocks included in the S&P 500® Index, a benchmark index that represents the performance of large-cap U.S. equities. The strategy of the fund involves allocating at least 80% of its assets towards the stocks that constitute the S&P 500® Index. This investment approach aims to mirror the performance of the U.S. stock market, offering investors broad exposure to its growth potential. In addition to its investment activities, the fund also engages in securities lending, which involves loaning securities to other institutions or individuals. This practice is aimed at generating additional income for the fund, enhancing its overall returns for investors. By participating in securities lending, the fund adds an extra layer of income, which can potentially increase the total return for its investors, despite the risks associated with lending securities.
The primary product offered by the company is the investment service that targets common stocks within the S&P 500® Index. This service is designed for investors looking to gain exposure to the U.S. stock market by investing in a diversified portfolio of large-cap stocks. The fund's investment strategy seeks to replicate the performance of the S&P 500® Index, thereby providing investors with a proportional share of the index's gains or losses. By focusing on companies included in the S&P 500®, the fund offers a balanced and well-rounded investment option that reflects the broader U.S. economy.
Another key service provided by the company is its securities lending program. Through this program, the fund lends out securities to other institutions or individuals, thereby earning lending fees in the process. This added layer of income generation serves to enhance the overall returns for the fund's investors. Securities lending is a common practice among investment funds, providing a way to generate additional revenue from the fund's assets. However, it does come with certain risks, such as counterparty risk, which the fund manages through collateralization and other risk management practices.