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

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Data last updated: Aug 17, 2026

Snapshot (as of Aug 17, 2026): Fidelity U.S. Bond Index Fund (FXNAX) pays a $0.39 annual dividend ($0.03 monthly), yielding 3.79% at $10.30/share. Next ex-dividend date 2026-07-31. Source: Yahoo Finance, aggregated by MerryDiv.

Dividend Yield: 3.79%

Annual Dividend: $0.39 per share

Ex-Dividend Date: 2026-07-31

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 built to track the Bloomberg U.S. Aggregate Bond Index, with at least 80% of assets held in fixed-income securities. FXNAX currently yields 3.79%, with a trailing annual dividend rate of $0.3906 per share paid monthly. The next ex-dividend date is July 31, 2026. Income-focused investors drawn to bond exposure will find the monthly payment schedule appealing, though the 0.1% annual growth rate signals this fund prioritizes current income over dividend expansion.

Dividend Safety

Fidelity U.S. Bond Index Fund pays out dividends sourced from fixed-income interest income, making the traditional payout ratio not applicable (fund/ETF). Fidelity U.S. Bond Index Fund dividend safety is tied directly to the interest income generated by the underlying Bloomberg U.S. Aggregate Bond Index holdings, 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 to $0.3784 over that span (2026 is a partial year and excluded from this calculation). The largest annual increase in the window was 23.7% in 2023, though the data also contains at least one year-over-year decline exceeding 5%, which reflects how interest rate cycles directly shape the fund's distributions.

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 cash flow from a broad fixed-income portfolio without taking on equity risk. The current yield of 3.79% falls in the moderate (2-4%) range and sits above the fund's own 5-year average of 2.95%, meaning today's income level is elevated relative to recent history. Growth is slow at 0.1% annually, so purchasing power from the dividend does not keep pace with inflation over time. What an investor gets is regular monthly income tied to a diversified bond index; what they accept is near-zero dividend growth and distributions that move with interest rate cycles rather than corporate earnings.

Recent Fidelity U.S. Bond Index Fund Dividend Payments

Payment Date	Amount per Share
2026-07-31	$0.0340
2026-06-30	$0.0329
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

Fidelity U.S. Bond Index Fund Annual Dividend History

Year	Total Dividends
2026	$0.2289
2025	$0.3784
2024	$0.3472
2023	$0.3037
2022	$0.2456

Related Financial Services Dividend Stocks

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• VFIAX — Vanguard 500 Index Fund Admiral Shares (1.03% yield)
• JPM — JPMorgan Chase & Co. (1.65% yield)
• IVV — iShares Core S&P 500 ETF (1.05% yield)

Frequently Asked Questions

Does FXNAX pay dividends?

Yes, Fidelity U.S. Bond Index Fund (FXNAX) pays a $0.03 monthly dividend per share, yielding 3.79%.

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 $0.0340 per share, with the next ex-dividend date set for July 31, 2026.

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

The current FXNAX dividend yield is 3.79%, above the fund's 5-year average yield of 2.95%. That gap reflects the higher interest rate environment that has boosted income from the fund's bond holdings in recent years.

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

Yes, the available history shows year-over-year declines. Annual distributions fell from $0.3750 in 2012 to $0.2720 in 2013, from $0.3160 in 2015 to $0.2700 in 2016, and from $0.3200 in 2019 to a lower level in subsequent years, with at least one decline exceeding 5% in the data window.

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

The compound annual growth rate (CAGR) for the FXNAX dividend is 0.1% per year from 2012 to 2025. That near-flat rate reflects how interest rate cycles, not corporate earnings growth, drive the fund's distributions.

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

FXNAX offers a 3.79% yield paid monthly, which is above its own 5-year average of 2.95%. The trade-off is a 0.1% annual growth rate, meaning the income stream does not grow meaningfully over time.

What type of investor is Fidelity U.S. Bond Index Fund best suited for?

Fidelity U.S. Bond Index Fund suits income-focused investors who prioritize regular monthly cash flow from a diversified fixed-income portfolio. The near-zero dividend growth rate makes it a poor fit for investors seeking rising income over time.

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

At 3.79%, the current yield is meaningfully above the 5-year average of 2.95%. That 0.84 percentage point gap shows the fund is generating more income now than it has on average over the past five years.

Latest FXNAX News

• 7 of the Best Fidelity Bond Funds to Buy for Steady Income - U.S. News Money — U.S. News Money
• FXNAX ETF Profile: Dividends, Returns (NASDAQ:FXNAX) - TradingView — TradingView
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