Fidelity Equity Income earns a Morningstar Analyst Rating of Bronze for its seasoned manager, who has kept the fund ahead of its large-value Morningstar Category peers by protecting shareholder capital without neglecting the market’s upside.
Will FEQIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FEQIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FEQIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FEQIX’s parent organization’s priorities and whether they’re in line with investors’ interests.