FIPDX
FIDELITY INFLATION-PROTECTED BOND INDEX FUND INSTITUTIONAL PREMIUM CLASS
Mentions (24Hr)
0.00% Today
Reddit Posts
Mentions
I have way more than that in a TIPS mutual fund. IIRC, it's FIPDX. I think it's $10m per auction
To be clear, I don't think you need an advisor at all. I just don't get paying someone for their expertise and then farming it out to the Internet. Since you want the internet's opinion, I would put it in the lowest-cost indexes I could find, tracking 50% S&P 500 (FNILX), 25% International Stocks (FZILX), 15% US Bonds (FXNAX), 10% TIPs (FIPDX) and then I'd rebalance periodically. I noted Fidelity funds that track those but it can be any index.
Why not FIPDX? Interest rates are going to go down, and inflation is likely to tick back up.
It depends on where you work. 403b's are allowed to invest in gold funds like GLD provided your employers chooses to allow that. Mine does not. :-/ I have already written HR a letter asking them to change that policy, because it's a dumb-ass policy. I *do* have TIPS (FIPDX), and bought a bunch today. I'm 50/50 FSAGX/FIPDX now.
Until today, it was 85% FSAGX/15% FIPDX (TIPS fund) in my main retirement. The market is acting unusually odd today, even by recent standards, so I decided to de-risk, so I'm 50/50 now.
Overseas, bonds (I’m split between FIPDX & FXNAX), and frankly for me… cash (a HYSA). This is one of those rare times in history where hoarding a pile of cash is a solid stance. You’re liquid and rates remain high. I, for one, will be watching to see how long this goes on and whether the ripples will end up affecting the housing market to my fucked over millennial benefit. There is just as good a chance it won’t. Stagflation is a nasty SOB.
I am more or less split even on these: FTBFX - Fidelity Total bond FXNAX - Fidelity US Total Bond FIPDX - Fidelity Inflation-protected Bond FBIIX - Fidelity International bond fund PULS - Pgim Ultra Short Bond ETF USIG - iShares Broad USD Investment Grade Corporate Bond And slowly loading into: NATO or EUAD - European Defense Fund ETFs These are getting hot so it's a bit dangerous. I've been badly burned with sector funds before, but this one is a lock. It's a total lock, boss. 100% guarantee /s If the US stock market gives, everything across the board will go red everywhere, so I am very cautious with ANY equity until that happens.
- 25% FIPDX - 15% FUTY - 10% FHLC - 15% GLD - 15% SPAXX - 20% FXAIX Outside of that I accumulate shares of NVDA. I wanted additional exposure to AI, despite the increased risk.
- FIPDX, inflation protected bonds - FUTY, utilities - FHLC, healthcare - GLD, gold - FXAIX, s&p 500 - SPAXX, cash high interest yield Cash to buy up assets that tank during his term at a discount. Gold to hedge the global instability. Utilities and healthcare are defensive sectors to provide stability in times of uncertainty and tariff potential. Inflation likely to rocket so get invest accordingly.
- FIPDX, inflation protected bonds - FUTY, utilities - FHLC, healthcare - GLD, gold
FIPDX - inflation protected bonds FUTY - utilities index FHLC - healthcare index FXAIX - S&P 500 mutual fund GLD - gold SPAXX - cash high yield savings This is a strategy for highly liquid assets with baked in defensiveness against inflation and global tension. Some cash in a high yield savings will be nice to have when they tank the economy so you can buy up more assets like FXAIX at a discount.
If I was you, I'd go with a simple 3-fund portfolio for now. Of those funds, I'd hold FSKAX, FSPSX, and FIPDX at something like a 80%/15%/5% to match the allocation it looks like you're going for, but the allocation is really up to you. That would be a really good starter portfolio until (if ever) you decide you want to actively invest in particular stocks or sectors of the economy--which, to be clear, you don't ever have to do. For most investors, a simple, passive portfolio is the best choice. That said, IMO, you can do a little bit better. The one thing in your control is fees, so best to minimize them. So you could do a similar portfolio but swap out those funds for Fidelity's cheapest corresponding funds--FZROX (total domestic market), FZILX (international), and FXNAX (domestic bonds). The first two are 0% expense ratios compared to the 0.015% and 0.035% options you have, and the bond fund is 0.025% instead of the 0.05% expense ratio your bond fund charges. And, again, I'd hold FZROX/FZILX/FXNAX in an 80/15/5 ratio if you like that allocation you went with in your original post. But, to be clear, that's really nit-picky. The variance in the overall performance of the funds is going to swamp the expense ratio differences such that there's no real way to tell what the "better" picks would be in the long run. But, since the expense ratios you pay is something in your control, picking similar funds with lower ERs is generally going to work in your favor.
FXIAX is a S&P 500 fund and FSKAX is total domestic market fund. There's a huge overlap between the two funds--holding them both is largely redundant unless you have some compelling reason to want to weigh larger-cap stocks (the S&P) more heavily than the broad market. Personally, I'd just pick one of the two (FSKAX would be my pick, but both are going to be largely the same). FSPSX at 20% is fine. Some people think it's worthwhile to hold an international index, some don't, but there's nothing wrong with it one-way or the other. Same deal with FIPDX--I'd personally hold a regular bond fund instead of the inflation-protected variety, but there's no real big con to having 5% in a bond fund overall. FSRNX is a head scratcher for a basic investor. Unless you have some reason to really like real estate, there's no real reason to hold it. Again, it's pretty redundant to your total domestic market fund (Real estate is part of the total market--almost 3% of your FSKAX holdings are real estate already) unless you have some reason to want to weigh real estate more heavily than the broader market.
FIPDX has a distribution yield of 3.73%. That 10.5% number does not appear to reflective of the TIPS funds actual expected yield/return. You aren't going to get 6% excess return in bonds risk-free like this. "I made 60% more in distributions last year" You need to look at total return. Distributions aren't free/magic money. Every time your bond fund pays you a distribution the NAV is dropping an equal amount, otherwise folks could just buy on ex-div, get the div, and then sell and make risk-free $.
Watch out for duration risk. FIPDX has an average maturity of \~7.2 years. It may pay a high yield but it can drop a lot in value. In fact if inflation is high and rates go up it can still drop despite being "inflation protected."
Fidelity does have a TIPS fund (FIPDX) Remember that you can also trade any ETFs (Vanguard, iShares, etc.) without additional costs on Fidelity
Thank you! I was thinking about doing some Inflation Protected as well? Do you think this a good idea? (FIPDX)
I've been investing in a Fidelity Roth IRA for about 3 years now. My portfolio is roughly mirroring the [Swenson Asset Allocation Portfolio](https://www.listenmoneymatters.com/swensen-portfolio/). Appreciate the feedback! ​ |FSKAX|Fidelity Total Market Index Fund|30%| |:-|:-|:-| |FSPSX|Fidelity International Index Fund|15%| |FSRNX|Fidelity Real Estate Index Fund|15%| |FPADX|Fidelity Emerging Markets Index Fund|10%| |FIPDX|Fidelity Inflation-Protected Bond Index Fund|15%| |FUAMX|Fidelity Intermediate Treasury Bond Index Fund|15%|
I must be doing it wrong: https://www.morningstar.com/funds/XNAS/FIPDX/quote
Fidelity ticker FIPDX. The world is FUBAR.
What are your thoughts on FIPDX or one of those inflation proof bond indexes instead?
I have two bond funds in my taxable brokerage that contibute to my living expenses, I am retired. The High Income one is yielding 4.24% and the Intermediate is yielding 3.03%. Should I sell them both and get something like FIPDX (TIPS bond fund)? FIPDX has a 30-day yield of 7.55%
Unlike Series I savings bonds, TIPS are not inherently advantageous during periods of high inflation. TIPS are marketable securities like other bonds, and carry the same risks. If you believe inflation will be *unexpectedly* high, it makes sense to buy TIPS bonds. If you believe inflation will be unexpectedly low, it makes sense to take a short position. And because they're traded on the secondary market, you don't need to buy them individually. You can hold them more easily through a fund. There are many funds: [DFIP](https://us.dimensional.com/etfs/dfip/inflation-protected-securities-etf) / [FIPDX](https://fundresearch.fidelity.com/mutual-funds/summary/31635T104) / [VTIP](https://investor.vanguard.com/investment-products/etfs/profile/vtip) / [VIPSX](https://investor.vanguard.com/investment-products/mutual-funds/profile/vipsx) / [STIP](https://www.ishares.com/us/products/239450/ishares-05-year-tips-bond-etf) / [TIP](https://www.ishares.com/us/products/239467/ishares-tips-bond-etf) / [SPIP](https://www.ssga.com/us/en/individual/etfs/funds/spdr-portfolio-tips-etf-spip) / [SCHP](https://www.schwabassetmanagement.com/products/schp) / [PBTP](https://www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&ticker=PBTP). Some focus on short-term TIPS.
FIPDX is up about 1% over the past three months, not down .33%. Maybe you forgot to include distributions?
Question on inflation protected securities: About 3 months ago I put 25% of my portfolio into inflation protected index funds, the main one being FIPDX. With inflation steadily rising over this period I expected my returns during this period to be close to the inflation rate. 3 months have gone by and I have lost .33% in these indexes despite the positive inflation rate. Can some one explain to me why this is happening? Shouldn’t the ROI be positive during a period of rising inflation?
FIPDX barely moving...generally trending down
Thank you so much for this! Was shocked to see FIPDX drop 4.3% today as a bond fund lol.
It would be a minimum of half that (3.5%) for 1 year though wouldn't it? Since it is tied to inflation, does it make sense to just leave my money in FIPDX (Fidelity Inflation Protected Bonds)?