Fidelity Equity Dividend Income Fd
FEQTX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Aug 21, 1990
- CIK
- 0000708191
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Equity Dividend Income Fund (FEQTX) is an open-end mutual fund managed by Fidelity Investments that seeks a high level of current income exceeding the dividend yield of the S&P 500 Index, with a secondary objective of capital appreciation. The fund normally invests at least 80% of assets in income-producing equity securities, primarily large-cap value stocks that provide current dividends and potential for growth; it maintains a diversified portfolio of approximately 116 holdings, with top sectors including financials (22.45%), health care (14.00%), industrials (11.32%), information technology (11.12%), and consumer staples (9.78%), and leading positions in companies such as Shell plc, Comcast Corporation, U.S. Bancorp, UnitedHealth Group, and Cigna Group. It features a net expense ratio of 0.54%, a 30-day SEC yield of approximately 2.26%, portfolio turnover of 45%, and total assets under management of about $7.5 billion. In a significant recent development completed in June 2025, Fidelity Advisor Equity Income Fund merged into Fidelity Equity Dividend Income Fund, enhancing its scale and operational efficiency without altering its investment objective or strategy. The fund, which traces its inception to August 21, 1990, operates within the large value category and targets individual and institutional investors seeking dividend-focused equity exposure with U.S. market capitalization emphasis. Fidelity Investments, the fund's sponsor, maintains its global headquarters in Boston, Massachusetts, serving investors worldwide through a broad array of equity, fixed-income, and alternative investment products.