Fidelity Salem Street Trust - Fidelity Intermediate Treasury Bond Index Fund(NASDAQMUTFUND) FUAMX

The Fidelity Intermediate Treasury Bond Index Fund focuses on investing in U.S. Treasury securities with maturities between five and ten years. This fund aims to replicate the performance of the Bloomberg U.S. 5-10 Year Treasury Bond Index, providing investors with a stable income stream and lower risk profile.

Products and Services

• Invests at least 80% of assets in U.S. Treasury securities
• Utilizes statistical sampling techniques for efficient portfolio management
• Targets a dollar-weighted average maturity of three to ten years

Growth Outlook

• Market capitalization stands at approximately $7.98 billion
• Dividend yield of 4.03% reflects strong income potential
• Price range over the past year indicates stability between $9.22 and $10

Financial Highlights

• Recent dividend per share of $0.37138 supports consistent income
• Trailing twelve months show a solid dividend yield of 4.03%
• Fund maintains a beta of 1, indicating market alignment

The Fidelity Intermediate Treasury Bond Index Fund offers a strategic investment option for those seeking exposure to U.S. Treasury securities. By focusing on a specific maturity range, the fund aims to balance risk and return effectively. The recent financial highlights indicate a commitment to providing consistent income through dividends, making it an attractive choice for income-focused investors. The fund's market capitalization and stable price range further underscore its reliability in the asset management sector.