Fidelity Large Cap Value Enhanced Index Fund (FLVEX)
Fidelity Large Cap Value Enhanced Index Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $14.32, up 0.42% on the session, giving a market capitalisation of $1.97B. Its beta of 0.79 implies it has historically moved less than the broad market.
The Fidelity Large Cap Value Enhanced Index Fund (FLVEX) aims to generate capital growth for its investors. To achieve this, the fund typically allocates a minimum of 80% of its total assets to common stocks. These equity holdings are primarily selected from companies within the Russell 1000® Value Index, a benchmark designed to track the performance of large, value-oriented U.S. companies, with its components weighted by their market capitalization. While focusing on the U.S. market, the fund also has the flexibility to invest in securities issued by both domestic and international entities.
Fidelity Large Cap Value Enhanced Index Fund is most often compared with the following Financial Services names: