Fidelity Equity Income Fund (FEQIX)
Fidelity Equity Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $95.98, up 0.10% on the session, giving a market capitalisation of $11.80B. Its beta of 0.62 implies it has historically moved less than the broad market.
This fund primarily directs at least 80% of its assets into common stocks. Its core investment approach centers on acquiring income-generating equity securities, a strategy that frequently results in holdings of large-capitalization "value" companies. Investments are not confined to a single market, as opportunities are sought from both domestic and foreign issuers. Furthermore, the fund retains the option to invest in other categories of equities and various debt instruments, which may include lower-quality fixed-income securities.
Fidelity Equity Income Fund is most often compared with the following Financial Services names: