Fidelity Advisor Hedged Equity Fund - Class A (FEQAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.15
-0.04 (-0.28%)
Jul 29, 2025, 4:00 PM EDT
-0.28%
Fund Assets390.86M
Expense Ratio0.80%
Min. Investment$0.00
Turnover56.00%
Dividend (ttm)0.07
Dividend Yield0.46%
Dividend Growth38.00%
Payout FrequencyAnnual
Ex-Dividend Daten/a
Previous Close14.19
YTD Return7.52%
1-Year Return14.89%
5-Year Returnn/a
52-Week Low12.09
52-Week High14.19
Beta (5Y)n/a
Holdings427
Inception Daten/a

About FEQAX

Fidelity Advisor Hedged Equity Fund - Class A is an open-end mutual fund designed to provide capital appreciation while seeking to offer investors a measure of downside protection. The fund principally invests at least 80% of its assets in equity securities, focusing on common stocks of companies with market capitalizations generally similar to those in the S&P 500 Index. Its portfolio spans both growth and value stocks across diverse sectors, aiming to mirror the risk-return characteristics of the broader large-cap U.S. equity market. What distinguishes this fund is its disciplined options-based strategy. The managers employ put options to help mitigate losses during adverse market conditions, thus offering a degree of protection against significant declines. The extent of this hedging can fluctuate based on the prevailing cost of such options and is diversified across strike prices and expirations. With hundreds of holdings and a focus on diversification, the fund is structured to provide core equity exposure while addressing volatility and drawdowns—making it notable for investors cautious about market setbacks yet seeking participation in equity market growth.

Fund Family Fidelity
Category Options Trading
Stock Exchange NASDAQ
Ticker Symbol FEQAX
Share Class Class A

Performance

FEQAX had a total return of 14.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.13%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
FEQZXFidelity Advisor Hedged Equity Fund: Class Z0.50%
FEQJXFidelity Advisor Hedged Equity Fund: Class I0.55%
FEQNXFidelity Advisor Hedged Equity Fund: Class M1.05%
FEQDXFidelity Advisor Hedged Equity Fund: Class C1.55%

Top 10 Holdings

35.54% of assets
NameSymbolWeight
Apple Inc.AAPL6.53%
Microsoft CorporationMSFT6.10%
NVIDIA CorporationNVDA5.47%
Amazon.com, Inc.AMZN3.57%
Alphabet Inc.GOOGL3.51%
Meta Platforms, Inc.META2.53%
Berkshire Hathaway Inc.BRK.B2.24%
iShares Core S&P 500 ETFIVV2.10%
Broadcom Inc.AVGO1.87%
JPMorgan Chase & Co.JPM1.61%

Dividend History

Ex-DividendAmountPay Date
Dec 20, 2024$0.069Dec 23, 2024
Dec 8, 2023$0.047Dec 11, 2023
Mar 10, 2023$0.003Mar 13, 2023
Dec 9, 2022$0.030Dec 12, 2022