Fidelity Advisor Hedged Equity Fund - Class Z (FEQZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.20
+0.05 (0.35%)
Jul 25, 2025, 4:00 PM EDT
0.35%
Fund Assets390.86M
Expense Ratio0.50%
Min. Investment$0.00
Turnover56.00%
Dividend (ttm)0.12
Dividend Yield0.85%
Dividend Growth48.19%
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close14.15
YTD Return7.90%
1-Year Return15.55%
5-Year Returnn/a
52-Week Low12.12
52-Week High14.21
Beta (5Y)n/a
Holdings427
Inception DateSep 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.

Fund Family Fidelity
Category Options Trading
Stock Exchange NASDAQ
Ticker Symbol FEQZX
Share Class Class Z
Index S&P 500 TR

Performance

FEQZX had a total return of 15.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.57%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
VQNPXVanguardVanguard Growth and Income Fund Investor Shares0.36%
VPMCXVanguardVanguard PRIMECAP Fund Investor Shares0.38%

Other Share Classes

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

SymbolShare ClassExpense Ratio
FEQJXFidelity Advisor Hedged Equity Fund: Class I0.55%
FEQAXFidelity Advisor Hedged Equity Fund: Class A0.80%
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$0.120Dec 23, 2024
Mar 8, 2024$0.003Mar 11, 2024
Dec 27, 2023$0.005Dec 28, 2023
Dec 8, 2023$0.072Dec 11, 2023
Mar 10, 2023$0.006Mar 13, 2023
Dec 9, 2022$0.035Dec 12, 2022
Full Dividend History