Fidelity SAI Inflation-Protected Bd Idx (FSPWX)

Fidelity SAI Inflation-Protected Bond Index Fund is a mutual fund that aims to mirror the performance of the inflation-protected segment of the U.S. bond market. Its primary objective is to provide investment results that correspond to the total return of the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) Index, focusing almost exclusively on U.S. Treasury securities whose principal and interest payments adjust with inflation. The fund holds a diversified portfolio of government-issued inflation-protected bonds, with a significant allocation to various U.S. Treasury Notes of varying coupon rates and maturities. Notable features include a low expense ratio and no minimum investment, making it accessible to a broad range of investors. As a passively managed index fund, it offers cost-effective exposure to the inflation-protected bond market, playing a key role for investors seeking a hedge against inflation while maintaining a high credit quality profile. With substantial assets under management, the fund stands as a significant vehicle in the inflation-protected bond category.