Fidelity® Mid Cap Enhanced Index Fund (FMEIX)

15.76
Net Asset Value
+0.13%
1 Day
+0.70%
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-2.29% 3 years+8.45%
3 months+5.15% 5 years+13.69%
1 year+13.98% Since inception+9.75%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+13.69%+13.28%
Expense ratio0.59%1.10%
Risk 5 year sharpe ratio1.381.11
Net assets$1.3B$2.3B
Average market cap$12.6B$8.3B
Average P/E17.522.8
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. stock98.08%
Cash1.23%
International stock0.60%
Fixed income0.09%
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
-- 1.23%
PLD Prologis Inc0.95%
SYF Synchrony Financial0.95%
MPC Marathon Petroleum0.93%
DFS Discover Financial Services0.92%
FCX Freeport-McMoRan Inc0.90%
CMI Cummins Inc0.90%
LRCX Lam Research Corp0.90%
WY Weyerhaeuser Co0.85%
DVN Devon Energy Corp0.82%