Fidelity Mid Cap Enhanced Index Fund
Fidelity Commonwealth Trust II
Expense ratio
Net assets1
$1.64B
Holdings1
291
Category
US Equity
Return

Investment objective & strategy

As of Oct. 25, 2022 · prospectus

Objective. Fidelity Mid Cap Enhanced Index Fund seeks capital appreciation.

Strategy. Normally investing 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. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the Russell Midcap Index. Investing in domestic and foreign issuers. Lending securities to earn income for the fund. Normally investing 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. Generally using computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the Russell Midcap Index. Investing in domestic and foreign issuers. Lending securities to earn income for the fund.

Top holdings

As of Aug. 31, 2023 · N-PORT
SecurityTickerValue% of fund
Fidelity Cash Central Fund $49.72M 3.04%
TRANE TECHNOLOGIES PLC $16.35M 1.00%
APOLLO GLOBAL MANAGEMENT INC $16.08M 0.98%
NUCOR CORP $15.97M 0.98%
CINTAS CORP $15.88M 0.97%
PACCAR INC $15.25M 0.93%
AMETEK INC NEW $14.61M 0.89%
DR HORTON INC $14.41M 0.88%
SIMON PROPERTY $14.36M 0.88%
BANK OF NEW YORK MELLON CORP $14.17M 0.87%
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Allocation by sector

As of August 31, 2023 · N-PORT
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Portfolio moves

May 31, 2023 → Aug 31, 2023
Opened
57
Exited
66
Increased
61
Decreased
144
Unchanged
29

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Footnotes

  1. Net assets and holdings count as of August 31, 2023, from the fund's N-PORT filing.

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