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Fidelity® Mid Cap Enhanced Index Fund (FMEIX)

15.45
Net Asset Value
-0.19%
1 Day
+9.50%
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+3.74% 3 years+10.16%
3 months+8.40% 5 years+15.68%
1 year+14.77% Since inception+9.35%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+15.68%+12.86%
Expense ratio0.59%1.11%
Risk 5 year sharpe ratio1.421.17
Net assets$1.3B$2.2B
Average market cap$12.2B$7.7B
Average P/E16.622.6
Portfolio turnover94%94%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenurePatrick Waddell / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock98.74%
International stock0.70%
Cash0.46%
Fixed income0.10%
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
LRCX Lam Research Corp1.03%
PLD Prologis Inc1.01%
ROK Rockwell Automation Inc0.95%
CMI Cummins Inc0.94%
WY Weyerhaeuser Co0.92%
SYF Synchrony Financial0.91%
WDC Western Digital Corp0.90%
DFS Discover Financial Services0.89%
APTV Aptiv PLC0.89%
PPL PPL0.86%