Fidelity Salem Street Trust - Fidelity Short-Term Treasury Bond Index Fund(NASDAQMUTFUND) FUMBX

The Fidelity Short-Term Treasury Bond Index Fund focuses on providing investors with exposure to U.S. Treasury bonds with maturities between one and five years. This fund aims to maintain a dollar-weighted average maturity of three years or less, utilizing sophisticated methodologies to mirror the performance of its benchmark index.

Products and Services

• Invests primarily in U.S. Treasury bonds
• Targets a dollar-weighted average maturity of three years or less
• Employs statistical sampling methodologies for index tracking

Growth Outlook

• Market capitalization stands at approximately $3.6 billion
• Dividend yield of 3.93% reflects steady income potential
• Price range over the past year indicates stable performance

Financial Highlights

• Recent dividend per share of $0.3973 demonstrates commitment to returns
• Yearly high of $10.46 shows resilience in pricing
• Trailing twelve months yield of 3.93% supports investor interest

The Fidelity Short-Term Treasury Bond Index Fund is designed for investors seeking a low-risk investment option that provides exposure to U.S. government securities. The fund's focus on short-term bonds helps mitigate interest rate risk while offering a competitive yield. With a solid market capitalization and a consistent dividend payout, this fund presents an attractive option for those looking to diversify their portfolios with stable, income-generating assets. The use of advanced methodologies for tracking the benchmark index ensures that investors can expect performance that closely aligns with market trends.