Fidelity Equity Dividend Income’s reliable yield isn’t enough to offset concerns about manager execution, especially during market drawdowns. It receives a Morningstar Analyst Rating of Neutral.
Fidelity® Equity Dividend Income FEQTX
NAV / 1-Day Return
29.96
/
0.33
%
Total Assets
5.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.600%
Expense Ratio
0.600%
Fee Level
Below Average
Longest Manager Tenure
4.54
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
0
Status
Open
TTM Yield
2.06%
Turnover
71%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FEQTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FEQTX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FEQTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FEQTX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A reasonable but not compelling income fund.
