Fidelity Hedged Equity Fund (FEQHX)
| Fund Assets | 390.86M |
| Expense Ratio | 0.55% |
| Min. Investment | $0.00 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.55% |
| Dividend Growth | -5.88% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 14.06 |
| YTD Return | 6.98% |
| 1-Year Return | 15.21% |
| 5-Year Return | n/a |
| 52-Week Low | 12.10 |
| 52-Week High | 14.23 |
| Beta (5Y) | n/a |
| Holdings | 427 |
| Inception Date | n/a |
About FEQHX
Fidelity Hedged Equity Fund is an actively managed mutual fund focused on providing capital appreciation with a defensive investment approach. Its primary purpose is to offer equity market exposure while seeking to reduce downside risk during periods of heightened market volatility, such as drawdowns and bear markets. The fund accomplishes this objective by holding a diversified portfolio of large-cap U.S. equities, with company selections generally mirroring those in the S&P 500 Index. Notable holdings frequently include prominent technology and consumer companies like Apple, Microsoft, and Amazon. A distinguishing feature of the fund is its disciplined, options-based hedging strategy: it systematically purchases listed put options on the S&P 500 Index. These options are designed to help offset or mitigate portfolio losses during significant market declines, maintaining a more defensive profile than standard equity-only funds. The protective strategy is managed with a fixed budget for put purchases and employs a laddered approach to gain the best value from the options market. In practice, this makes the fund particularly relevant for investors seeking equity growth potential while aiming to cushion their portfolios against unpredictable market shocks and severe downturns. The fund began operations in 2022 and reflects Fidelity’s commitment to risk-managed investment solutions.
Performance
FEQHX had a total return of 15.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.11%.
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 | $0.077 | Dec 23, 2024 |
| Mar 8, 2024 | $0.003 | Mar 11, 2024 |
| Dec 27, 2023 | $0.007 | 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 |