Fidelity Advisor Hedged Equity Z (FEQZX)
| Fund Assets | 469.36M |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 0.80% |
| Dividend Growth | 48.19% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 15.00 |
| YTD Return | 14.21% |
| 1-Year Return | 12.09% |
| 5-Year Return | n/a |
| 52-Week Low | 12.12 |
| 52-Week High | 15.22 |
| Beta (5Y) | n/a |
| Holdings | 423 |
| Inception Date | Sep 1, 2022 |
About FEQZX
Fidelity Advisor Hedged Equity Fund - Class Z is an actively managed mutual fund designed to provide capital appreciation while seeking to mitigate downside risk. The fund primarily invests at least 80% of its assets in equity securities, predominantly targeting large-cap companies with market capitalizations similar to those in the S&P 500 Index. This approach allows the fund to capture broad equity market exposure without being limited to either growth or value styles. A distinguishing characteristic of the fund is its disciplined use of options-based strategies, especially the purchase of put options, which serve as a form of portfolio insurance intended to offset or lessen losses during market downturns. The fund's portfolio typically features a diversified mix of prominent U.S. companies, with top holdings including firms like Apple, Microsoft, and NVIDIA, reflecting its alignment with major market sectors. Managed by a team of experienced professionals, the fund appeals to investors interested in equity participation with an added layer of risk management. As a Class Z share, it is available primarily to eligible institutional investors and is positioned within the options trading mutual fund category, reflecting its unique risk-return profile and market role.
Performance
FEQZX had a total return of 12.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.34%.
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
41.36% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.72% |
| Microsoft Corporation | MSFT | 7.21% |
| Apple Inc. | AAPL | 5.58% |
| iShares Core S&P 500 ETF | IVV | 4.06% |
| Amazon.com, Inc. | AMZN | 4.01% |
| Alphabet, Inc. | GOOGL | 3.68% |
| Meta Platforms, Inc. | META | 3.07% |
| Broadcom Inc. | AVGO | 2.48% |
| Berkshire Hathaway Inc. | BRK.B | 1.80% |
| JPMorgan Chase & Co. | JPM | 1.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.120 | Dec 23, 2024 |
| Mar 8, 2024 | $0.003 | Mar 11, 2024 |
| Dec 27, 2023 | $0.005 | Dec 28, 2023 |
| Dec 8, 2023 | $0.072 | Dec 11, 2023 |
| Mar 10, 2023 | $0.006 | Mar 13, 2023 |
| Dec 9, 2022 | $0.035 | Dec 12, 2022 |