FMEIX: Fidelity® Mid Cap Enhanced Index Fund - MutualFunds.com
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Fidelity® Mid Cap Enhanced Index

FMEIX - Snapshot

Vitals

  • YTD Return 17.8%
  • 3 Yr Annualized Return 15.0%
  • 5 Yr Annualized Return 14.9%
  • Net Assets $1.96 B
  • Holdings in Top 10 11.1%

52 WEEK LOW AND HIGH

$20.04
$14.29
$20.32

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.59%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 73.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

Compare FMEIX to Popular U.S. Mid-Cap Value Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Fidelity® Low-Priced Stock Fund

Fund

$57.68

+0.63%

$33.92 B

1.50%

$0.86

18.61%

0.78%

Vanguard Mid-Cap Value Index Fund

VOE | ETF

$139.76

+0.68%

$26.78 B

1.43%

$1.99

18.13%

0.07%

Vanguard Mid-Cap Value Index Fund

Fund

$55.02

+0.71%

$26.78 B

-

$0.00

17.49%

0.19%

John Hancock Funds Disciplined Value Mid Cap Fund

Fund

$27.64

+0.58%

$18.65 B

0.68%

$0.19

18.52%

0.86%

JPMorgan Mid Cap Value Fund

Fund

$44.76

+0.83%

$17.15 B

1.02%

$0.45

21.17%

0.75%

FMEIX - Profile

Distributions

  • YTD Total Return 17.8%
  • 3 Yr Annualized Total Return 15.0%
  • 5 Yr Annualized Total Return 14.9%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.33%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity® Mid Cap Enhanced Index Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Dec 20, 2007
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Louis Bottari

Fund Description

The fund normally invests 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 invests in domestic and foreign issuers.

FMEIX - Performance

Return Ranking - Trailing

Period FMEIX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.8% -59.3% 37.4% 60.13%
1 Yr 49.9% 24.7% 102.5% 67.65%
3 Yr 15.0%* 0.0% 21.9% 4.89%
5 Yr 14.9%* 2.1% 20.2% 4.36%
10 Yr 12.8%* 6.1% 13.5% 3.12%

* Annualized

Return Ranking - Calendar

Period FMEIX Return Category Return Low Category Return High Rank in Category (%)
2020 11.5% -49.5% 626.7% 2.91%
2019 22.6% -8.1% 40.9% 48.86%
2018 -19.8% -56.9% -2.2% 45.34%
2017 10.9% -62.6% 24.1% 21.20%
2016 12.1% -14.6% 28.1% 70.78%

Total Return Ranking - Trailing

Period FMEIX Return Category Return Low Category Return High Rank in Category (%)
YTD 17.8% -59.5% 36.5% 59.49%
1 Yr 49.9% 18.5% 102.5% 62.50%
3 Yr 15.0%* 0.0% 21.9% 4.59%
5 Yr 14.9%* 2.1% 20.2% 3.71%
10 Yr 12.8%* 6.1% 13.5% 2.77%

* Annualized

Total Return Ranking - Calendar

Period FMEIX Return Category Return Low Category Return High Rank in Category (%)
2020 11.5% -49.5% 626.7% 2.91%
2019 22.6% -8.1% 40.9% 48.86%
2018 -11.9% -32.7% -2.2% 17.36%
2017 18.4% -8.7% 26.9% 7.16%
2016 13.5% -11.2% 29.0% 80.42%

NAV & Total Return History

FMEIX - Holdings

Concentration Analysis

FMEIX Category Low Category High FMEIX % Rank
Net Assets 1.96 B 5.67 M 33.9 B 26.84%
Number of Holdings 370 8 2401 5.87%
Net Assets in Top 10 216 M 2.1 K 8.33 B 38.87%
Weighting of Top 10 11.14% 4.9% 100.0% 90.49%

Top 10 Holdings

  1. E-mini S&P MidCap 400 Future Dec 20 4.27%
  2. E-mini S&P MidCap 400 Future Dec 20 4.27%
  3. E-mini S&P MidCap 400 Future Dec 20 4.27%
  4. E-mini S&P MidCap 400 Future Dec 20 4.27%
  5. E-mini S&P MidCap 400 Future Dec 20 4.27%
  6. E-mini S&P MidCap 400 Future Dec 20 4.27%
  7. E-mini S&P MidCap 400 Future Dec 20 4.27%
  8. E-mini S&P MidCap 400 Future Dec 20 4.27%
  9. E-mini S&P MidCap 400 Future Dec 20 4.27%
  10. E-mini S&P MidCap 400 Future Dec 20 4.27%

Asset Allocation

Weighting Return Low Return High FMEIX % Rank
Stocks 		97.65% 63.29% 106.01% 68.42%
Cash 		2.32% -6.02% 36.70% 32.79%
Preferred Stocks 		0.04% 0.00% 6.63% 3.64%
Other 		0.00% -0.08% 5.21% 23.08%
Convertible Bonds 		0.00% 0.00% 0.68% 20.85%
Bonds 		0.00% 0.00% 6.45% 23.48%

Stock Sector Breakdown

Weighting Return Low Return High FMEIX % Rank
Technology 		16.83% 0.00% 36.61% 5.26%
Industrials 		14.84% 0.00% 36.62% 54.45%
Consumer Cyclical 		14.75% 0.00% 42.54% 28.74%
Healthcare 		13.26% 0.00% 21.91% 9.92%
Financial Services 		13.09% 0.00% 77.61% 90.49%
Basic Materials 		7.28% 0.00% 20.84% 28.95%
Real Estate 		6.53% 0.00% 38.65% 58.30%
Communication Services 		3.92% 0.00% 22.12% 36.64%
Energy 		3.75% 0.00% 36.97% 67.61%
Consumer Defense 		3.11% 0.00% 43.55% 84.82%
Utilities 		2.63% 0.00% 31.92% 79.55%

Stock Geographic Breakdown

Weighting Return Low Return High FMEIX % Rank
US 		96.83% 55.41% 103.91% 39.47%
Non US 		0.82% 0.00% 41.38% 77.94%

FMEIX - Expenses

Operational Fees

FMEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.01% 2.78% 75.46%
Management Fee 0.59% 0.00% 1.25% 24.94%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

FMEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FMEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 80.00%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FMEIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 73.00% 4.00% 322.00% 77.35%

FMEIX - Distributions

Dividend Yield Analysis

FMEIX Category Low Category High FMEIX % Rank
Dividend Yield 0.79% 0.00% 1.56% 27.13%

Dividend Distribution Analysis

FMEIX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

FMEIX Category Low Category High FMEIX % Rank
Net Income Ratio 1.33% -1.16% 16.95% 37.89%

Capital Gain Distribution Analysis

FMEIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

FMEIX - Fund Manager Analysis

Managers

Louis Bottari

Start Date

Tenure

Tenure Rank

Jan 15, 2009

12.46

12.5%

Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior portfolio manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.

Maximilian Kaufmann

Start Date

Tenure

Tenure Rank

Dec 01, 2009

11.59

11.6%

Maximilian Kaufmann has been a Portfolio Manager with Geode since August 2009. He also serves as a Portfolio Manager for other registered investment companies. In addition to his portfolio management responsibilities, Mr. Kaufmann is responsible for quantitative research and new product development. Prior to joining Geode, Mr. Kaufmann was a Senior Vice President at PanAgora Asset Management from 2003 to 2007 and Lazard Asset Management from 2007 to 2009.

Peter Matthew

Start Date

Tenure

Tenure Rank

Aug 31, 2012

8.84

8.8%

Since joining Geode in 2007, Mr. Matthew has worked as a senior operations associate, portfolio manager assistant, and assistant portfolio manager. Prior to joining Geode, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005.

Shashi Naik

Start Date

Tenure

Tenure Rank

Sep 30, 2014

6.75

6.8%

Since joining Geode in 2010, Mr. Naik has worked as a portfolio performance analyst, assistant portfolio manager, and portfolio manager. Prior to joining Geode, Mr. Naik was a quantitative analyst at PanAgora Management from 2007 to 2010.

Anna Lester

Start Date

Tenure

Tenure Rank

Jun 30, 2019

2.0

2.0%

Anna Lester joined Geode in 2019, Ms. Lester has worked as a portfolio manager. Prior to joining Geode, Ms. Lester worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Lester holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.67 7.67 10.01

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