FXNAX Dividend Yield 2026: Fidelity U.S. Bond Index Fund

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Data last updated: Jul 04, 2026

Dividend Yield: 3.73%

Annual Dividend: $0.39 per share

Ex-Dividend Date: 2026-06-30

Dividend Frequency: monthly

Sector: Financial Services

Years of Dividend History: 16

About Fidelity U.S. Bond Index Fund Dividend

The Fidelity U.S. Bond Index Fund dividend comes from a portfolio that allocates at least 80% of its assets to fixed-income securities tracked by the Bloomberg U.S. Aggregate Bond Index. FXNAX pays a 3.69% yield, with a trailing annual dividend rate of $0.3869 per share. The fund pays monthly, with the next ex-dividend date on May 31, 2026. That monthly cadence and bond-focused mandate make FXNAX a natural fit for income-focused investors who want regular cash flow from fixed-income exposure.

Dividend Safety

Fidelity U.S. Bond Index Fund pays out dividends as a pass-through from its fixed-income holdings, making a traditional payout ratio not applicable (fund/ETF). Fidelity U.S. Bond Index Fund dividend safety is tied directly to the income generated by the underlying Bloomberg U.S. Aggregate Bond Index securities, which the fund tracks using statistical sampling across duration, maturity, and credit quality. The primary pressure on the payout is interest rate movement: when rates fall, the income generated by the underlying bonds declines, which flows through to lower monthly distributions.

Fidelity U.S. Bond Index Fund (FXNAX) Dividend Growth Rate, CAGR, and History

Fidelity U.S. Bond Index Fund dividend history shows a CAGR of 0.1% per year from 2012 to 2025. Per-share payments moved from $0.3750 in 2012 to $0.3784 in 2025 (with 2026 a partial year). The largest annual increase in the window was 23.7% in 2023, but the data also contains at least one year-over-year decline exceeding 5%, which reflects how closely FXNAX distributions track the interest rate environment rather than a corporate dividend policy.

Fidelity U.S. Bond Index Fund Dividend Growth Rate (CAGR)

Period	CAGR	From	To
3-Year	+15.5%	$0.25 (2022)	$0.38 (2025)
5-Year	+0.7%	$0.36 (2020)	$0.38 (2025)
10-Year	+1.8%	$0.32 (2015)	$0.38 (2025)

Is Fidelity U.S. Bond Index Fund a Good Dividend Stock?

FXNAX fits income-focused investors who want monthly distributions from a broad fixed-income portfolio rather than equity dividend growth. The current yield of 3.69% is moderate (2-4%) and sits above the fund's own 5-year average of 2.91%, meaning today's income level is elevated relative to recent history. Growth over the full 2012-2025 window is essentially flat at 0.1% per year, so purchasing power from the distribution alone does not expand meaningfully over time. What an investor gets is regular monthly income tied to the Bloomberg U.S. Aggregate Bond Index; what they accept is a payout that moves with interest rates, not with earnings growth.

Recent Fidelity U.S. Bond Index Fund Dividend Payments

Payment Date	Amount per Share
2026-05-31	$0.0334
2026-04-30	$0.0325
2026-03-31	$0.0334
2026-02-28	$0.0295
2026-01-31	$0.0332
2025-12-31	$0.0331
2025-11-28	$0.0319
2025-10-31	$0.0327
2025-09-30	$0.0317
2025-08-29	$0.0323

Fidelity U.S. Bond Index Fund Annual Dividend History

Year	Total Dividends
2026	$0.1620
2025	$0.3784
2024	$0.3472
2023	$0.3037
2022	$0.2456

Related Financial Services Dividend Stocks

• VTSAX — Vanguard Total Stock Market Index Fund Admiral Shares (1.05% yield)
• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.06% yield)
• VOO — Vanguard S&P 500 ETF (1.07% yield)
• JPM — JPMorgan Chase & Co. (1.76% yield)
• IVV — iShares Core S&P 500 ETF (1.09% yield)
• FXAIX — Fidelity 500 Index Fund (1.04% yield)

Frequently Asked Questions

How often does Fidelity U.S. Bond Index Fund pay dividends?

Fidelity U.S. Bond Index Fund pays dividends monthly. The last dividend amount was $0.0334 per share, with the next ex-dividend date set for May 31, 2026.

What is Fidelity U.S. Bond Index Fund's current dividend yield?

The current FXNAX dividend yield is 3.69%, which is above the fund's 5-year average yield of 2.91%. That gap reflects the higher interest rate environment that has boosted income from the underlying bond portfolio.

Has Fidelity U.S. Bond Index Fund ever cut its dividend?

The available history shows at least one year-over-year decline exceeding 5% within the 2012-2025 window. Because FXNAX distributions track bond income rather than a declared corporate dividend, declines occur when interest rates fall, not from a formal dividend cut decision.

How fast has Fidelity U.S. Bond Index Fund grown its dividend?

Growth is slow. The compound annual growth rate (CAGR) from 2012 to 2025 is 0.1% per year, with per-share payments moving from $0.3750 to $0.3784 over that period.

Is Fidelity U.S. Bond Index Fund a good dividend stock for income investors?

FXNAX offers a moderate (2-4%) yield of 3.69%, paid monthly, which suits income-focused investors who want regular cash flow from fixed-income exposure. The trade-off is near-zero long-term distribution growth, as the payout tracks bond market interest rates rather than expanding earnings.

Is Fidelity U.S. Bond Index Fund dividend safe?

A traditional payout ratio is not applicable (fund/ETF), so safety is assessed differently here. The payout is supported by income from the Bloomberg U.S. Aggregate Bond Index holdings, but it will decline if interest rates fall, as that directly reduces the income the portfolio generates.

How does Fidelity U.S. Bond Index Fund compare to its own historical yield?

At 3.69%, the current yield is above the fund's 5-year average of 2.91%. That 0.78 percentage point gap means today's income level is higher than what FXNAX has delivered on average over the past five years.

Latest FXNAX News

• 5 Best Fidelity Mutual Funds to Buy Now - Kiplinger — Kiplinger
• 7 of the Best Fidelity Bond Funds to Buy for Steady Income | Investing - U.S. News - Money — U.S. News - Money
• The Best Bond Funds - Morningstar — Morningstar

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