Fidelity® Mid Cap Enhanced Index Fund (FMEIX)

16.09
Net Asset Value
-0.12%
1 Day
+2.81%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
0.59%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests (directly or through a master portfolio) at least 80% of assets in common stocks included in the Russell Midcap- Index- which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. It currently invests directly in securities.

Performance

1 month+2.81% 3 years+8.99%
3 months+1.32% 5 years+12.63%
1 year+14.41% Since inception+9.04%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+12.63%+10.43%
Expense ratio0.59%1.06%
Risk 5 year sharpe ratio1.090.90
Net assets$1.3B$2.2B
Average market cap$12.6B$8.5B
Average P/E16.517.9
Portfolio turnover94%94%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenurePatrick Waddell / 10 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock98.67%
Cash0.73%
International stock0.60%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 16.11%
Financial service 15.94%
Hardware 12.04%
Consumer goods 11.58%
Energy 10.02%
Top 10 Holdings
Portfolio weighting
PGR Progressive Corp1.03%
PLD Prologis Inc1.01%
MPC Marathon Petroleum1.01%
FIS Fidelity National Information Services Inc0.95%
WY Weyerhaeuser Co0.94%
DXC DXC Technology Co0.92%
LRCX Lam Research Corp0.91%
CMI Cummins Inc0.87%
EW Edwards Lifesciences Corp0.86%
MTB M&T Bank0.86%