Fidelity® Mid Cap Enhanced Index Fund (FMEIX)

15.54
Net Asset Value
+0.52%
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+1.84% 3 years+7.09%
3 months-6.19% 5 years+12.40%
1 year+10.37% Since inception+9.06%
Data through --

Peer Comparisonvs. Mid-cap blend

 FMEIXCategory
Performance 5-yr return+12.40%+10.43%
Expense ratio0.59%1.09%
Risk 5 year sharpe ratio1.140.92
Net assets$1.3B$2.2B
Average market cap$12.7B$8.1B
Average P/E17.117.5
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. stock98.62%
International stock0.66%
Cash0.62%
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
PGR Progressive Corp1.01%
FIS Fidelity National Information Services Inc0.96%
DFS Discover Financial Services0.94%
MPC Marathon Petroleum0.91%
PLD Prologis Inc0.91%
WDC Western Digital Corp0.89%
SYF Synchrony Financial0.88%
WY Weyerhaeuser Co0.88%
CMI Cummins Inc0.88%
FCX Freeport-McMoRan Inc0.87%