Fidelity Multi-Asset Index Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Multi-Asset Index Fund held 7 positions with $10.65B in net assets. Its ten largest holdings made up 100.0% of the fund. The FFNOX share class costs 0.11% a year. Over the 12 months to May 2026, FFNOX returned 26.4%, with dividends reinvested. In 2026 Q2 it added no new positions and exited none.
Fidelity Multi-Asset Index Fund seeks high total return.
The fund invests in a portfolio of Fidelity index funds allocated across U.S. stocks, international stocks, emerging markets, and bonds, seeking broad diversification through index-based exposure. The fund is structured as a fund of funds, holding shares of underlying Fidelity index funds rather than securities directly.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Fidelity Concord Street Trust | 41.41% | $4.41B | 16.7M | $263.74 |
Fidelity Concord Street Trust | 23.66% | $2.52B | 37.9M | $66.57 |
Fidelity Salem Street Trust | 10.48% | $1.12B | 65.0M | $17.16 |
Fidelity Concord Street Trust | 10.04% | $1.07B | 9.4M | $114.13 |
Fidelity Salem Street Trust | 6.70% | $713.47M | 68.3M | $10.45 |
Fidelity Salem Street Trust | 4.79% | $510.07M | 55.9M | $9.12 |
FBIIXFidelity Salem Street Trust | 2.89% | $307.94M | 33.5M | $9.18 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 7 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.97% |
How it has done
FFNOX share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.18%. Past returns are a record, not a forecast.
Fees & fund details
Fidelity Multi-Asset Index Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
- Expense ratio, by class
- 0.11%· FFNOX 0.11%
- Portfolio turnover
- 14.00% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FFNOX, QQQ and the fund in my 401(k)?”
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