# Fidelity Large Cap Value Enhanced Index Fund (FLVEX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/flvex for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Passive Index · Inception: 2007-04-20 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. ## Key Facts | Metric | Value | |---|---| | Price | $14.32 | | Expense Ratio | — | | Assets Under Management | $1.97B | | NAV | $14.32 (2024-12-19 close) | | Holdings Count | — | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Monthly | | 52-Week Range | $13.42 – $15.47 | | Beta | 0.79 | ## Latest Distribution - Amount: $0.0850 /share - Ex-date: 2023-11-14 - Pay date: 2023-11-15 ## Frequently Asked Questions ### What does FLVEX invest in? 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. ### What is the expense ratio of FLVEX? An expense ratio for Fidelity Large Cap Value Enhanced Index Fund (FLVEX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee. ### How big is FLVEX? Fidelity Large Cap Value Enhanced Index Fund (FLVEX) manages $1.97B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FLVEX actively managed or an index fund? FLVEX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios because there's no security selection cost. ### When was FLVEX launched? Fidelity Large Cap Value Enhanced Index Fund (FLVEX) launched in April 2007 and is managed by Fidelity. ### How has FLVEX performed? FLVEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FLVEX pay a dividend? Fidelity Large Cap Value Enhanced Index Fund (FLVEX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FLVEX pay dividends? Fidelity Large Cap Value Enhanced Index Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FLVEX's dividend yield? FLVEX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is FLVEX's next ex-dividend date? The most recently announced ex-dividend date for FLVEX was 2023-11-14. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### Why is FLVEX's expense ratio not shown? Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check twice a month) report an expense ratio for Fidelity Large Cap Value Enhanced Index Fund (FLVEX). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number. ### How does FLVEX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FLVEX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/flvex - Distribution history: https://www.dividenddata.com/funds/flvex/dividend - Holdings & diversification: https://www.dividenddata.com/funds/flvex/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/flvex/expenses - Peer comparison: https://www.dividenddata.com/funds/flvex/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.