Fidelity Advisor Hedged Equity Z (FEQZX)
| Fund Assets | 755.75M |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.51% |
| Dividend Growth | -31.67% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 16.14 |
| YTD Return | 7.67% |
| 1-Year Return | 15.07% |
| 5-Year Return | n/a |
| 52-Week Low | 13.93 |
| 52-Week High | 16.34 |
| Beta (5Y) | n/a |
| Holdings | 440 |
| 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 15.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.66%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
Top 10 Holdings
40.33% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.73% |
| Alphabet Inc. | GOOGL | 6.42% |
| Apple Inc. | AAPL | 6.40% |
| Microsoft Corporation | MSFT | 5.00% |
| Amazon.com, Inc. | AMZN | 4.28% |
| Broadcom Inc. | AVGO | 3.22% |
| Meta Platforms, Inc. | META | 2.21% |
| Tesla, Inc. | TSLA | 1.77% |
| Berkshire Hathaway Inc. | BRK.B | 1.66% |
| JPMorgan Chase & Co. | JPM | 1.63% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.082 | Dec 22, 2025 |
| 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 |