Fidelity Advisor Hedged Equity Fund - Class C (FEQDX)
| Fund Assets | 434.68M |
| Expense Ratio | 1.55% |
| Min. Investment | $0.00 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.02 |
| Dividend Yield | 0.16% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 14.15 |
| YTD Return | 8.41% |
| 1-Year Return | 15.29% |
| 5-Year Return | n/a |
| 52-Week Low | 12.01 |
| 52-Week High | 14.19 |
| Beta (5Y) | n/a |
| Holdings | 427 |
| Inception Date | Sep 1, 2022 |
About FEQDX
Fidelity Advisor Hedged Equity Fund Class C is a mutual fund designed primarily to achieve capital appreciation through investments in U.S. equity markets. The fund allocates at least 80% of its assets to common stocks of companies with market capitalizations generally in line with those found in the S&P 500 Index, blending both "growth" and "value" stock strategies. A key distinguishing feature is its disciplined, options-based approach, which aims to provide downside protection by purchasing put options—financial instruments that typically increase in value when equities decline. This hedging strategy helps to mitigate potential losses during market downturns, differentiating the fund from traditional equity offerings. The portfolio is diversified across hundreds of holdings, including significant positions in leading technology, financial, and consumer companies. With an emphasis on risk management alongside participation in the equity market’s potential gains, the fund serves investors seeking exposure to large-cap U.S. equities while incorporating an explicit strategy for loss mitigation in volatile market conditions. It plays an important role in the market by offering a structured, options-integrated alternative to conventional stock funds for those attentive to downside risk.
Performance
FEQDX had a total return of 15.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.61%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
35.54% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.53% |
| Microsoft Corporation | MSFT | 6.10% |
| NVIDIA Corporation | NVDA | 5.47% |
| Amazon.com, Inc. | AMZN | 3.57% |
| Alphabet Inc. | GOOGL | 3.51% |
| Meta Platforms, Inc. | META | 2.53% |
| Berkshire Hathaway Inc. | BRK.B | 2.24% |
| iShares Core S&P 500 ETF | IVV | 2.10% |
| Broadcom Inc. | AVGO | 1.87% |
| JPMorgan Chase & Co. | JPM | 1.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.022 | Dec 23, 2024 |
| Dec 9, 2022 | $0.003 | Dec 12, 2022 |