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FDEGX Fidelity® Growth Strategies

  • Fund
  • FDEGX
  • Price as of: Jan 18, 2019
  • $40.84
  • + $0.78
  • + 1.95%
  • Category
  • Large Cap Growth Equities

FDEGX - Profile

Vitals

  • YTD Return 7.6%
  • 3 Yr Annualized Return 5.1%
  • 5 Yr Annualized Return 6.4%
  • Net Assets $2.3 B
  • Holdings in Top 10 25.0%

52 WEEK LOW AND HIGH

$40.84
$35.83
$45.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.78%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 73.00%

TRADING FEES

  • Max Redemption Fee 1.50%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Growth

Distributions

  • YTD Total Return 7.6%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.43%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® Growth Strategies Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 28, 1990
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jean Park

Fund Description

The Fidelity Growth Strategies Fund (FDEGX) is a low-cost, actively managed fund that seeks to aggressively grow investor capital. The fund focuses on mid-cap stocks that managers believe have potential for accelerated earnings or revenue growth. While the emphasis is on mid-cap stocks, the fund can buy large- and small-cap stocks if opportunities arise.

FDEGX offers an interesting subcore position for investors looking to overweight mid-cap growth in their portfolios. The fund is managed by Fidelity.

FDEGX - Performance

Return Ranking - Trailing

Period FDEGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.6% -97.0% 25.4% 40.29% 3
1 Yr -7.0% -52.0% 75.7% 86.45% 5
3 Yr 5.1% * -15.1% 30.2% 90.38% 5
5 Yr 6.4% * -7.7% 17.8% 81.39% 5
10 Yr 12.9% * 3.4% 20.0% 56.09% 3

* Annualized


Return Ranking - Calendar

Period FDEGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -7.7% -91.4% 439.4% 30.96% 2
2017 21.0% -43.6% 104.4% 26.32% 2
2016 2.1% -56.6% 121.2% 31.18% 2
2015 3.0% -41.2% 45.5% 21.37% 2
2014 13.3% -30.1% 41.8% 9.61% 1

Total Return Ranking - Trailing

Period FDEGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.6% -100.0% 25.4% 40.16% 3
1 Yr -7.0% -71.3% 2606.2% 80.32% 5
3 Yr 5.1% * -21.9% 43.7% 88.05% 5
5 Yr 6.4% * -8.8% 17.8% 78.50% 4
10 Yr 12.9% * 3.2% 20.0% 53.77% 3

* Annualized


Total Return Ranking - Calendar

Period FDEGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -7.7% -91.4% 439.4% 32.06% 2
2017 21.0% -43.6% 104.4% 26.48% 2
2016 2.1% -56.6% 382.6% 40.47% 3
2015 3.0% -41.2% 615.0% 58.15% 3
2014 13.7% -100.0% 357.8% 40.93% 3

NAV & Total Return History

FDEGX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

FDEGX Category Low Category High FDEGX % Rank Quintile
Net Assets 2.3 B 373 K 183 B 9.19% 2
Number of Holdings 92 1 1993 8.61% 2
Net Assets in Top 10 640 M 0 48.8 B 11.25% 2
Weighting of Top 10 25.0% 0.0% 150.9% 30.21% 5

Top 10 Holdings

  1. Total System Services Inc 3.37%
  2. VeriSign Inc 3.14%
  3. Huntington Ingalls Industries Inc 2.02%
  4. Citrix Systems Inc 2.67%
  5. Fiserv Inc 2.24%
  6. Roper Technologies Inc 2.26%
  7. WellCare Health Plans Inc 2.85%
  8. ResMed Inc 2.27%
  9. ON Semiconductor Corp 2.08%
  10. Edwards Lifesciences Corp 2.05%

Asset Allocation

Weighting Category Low Category High FDEGX % Rank Quintile
Stocks
98.14% 0.00% 105.74% 10.03% 3
Cash
1.86% -32.82% 100.00% 12.92% 3
Preferred Stocks
0.00% 0.00% 9.70% 4.31% 4
Other
0.00% -12.25% 43.47% 5.08% 4
Convertible Bonds
0.00% 0.00% 3.20% 1.22% 4
Bonds
0.00% -0.09% 72.01% 3.34% 4

Stock Sector Breakdown

Weighting Category Low Category High FDEGX % Rank Quintile
Technology
29.68% -1.29% 56.64% 13.75% 3
Industrials
16.77% -0.37% 26.98% 1.99% 1
Healthcare
16.28% -1.03% 93.44% 12.47% 3
Consumer Cyclical
13.70% -2.22% 31.43% 20.18% 4
Financial Services
12.06% -2.38% 39.59% 16.45% 3
Consumer Defense
5.74% -1.43% 20.13% 13.43% 3
Real Estate
2.18% -0.04% 11.06% 6.56% 1
Energy
0.69% -1.24% 17.81% 19.22% 4
Basic Materials
0.53% -1.18% 12.72% 18.83% 4
Utilities
0.51% -0.21% 16.66% 7.84% 2
Communication Services
0.00% 0.00% 14.80% 19.79% 5

Stock Geographic Breakdown

Weighting Category Low Category High FDEGX % Rank Quintile
US
97.04% 0.00% 105.36% 7.13% 2
Non US
1.10% 0.00% 91.47% 22.88% 4

FDEGX - Expenses

Operational Fees

FDEGX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.78% 0.00% 37.77% 14.79% 1
Management Fee 0.55% 0.00% 1.44% 3.28% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 1.02% N/A N/A

Sales Fees

FDEGX Fees (% of AUM) Category Low Category High FDEGX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

FDEGX Fees (% of AUM) Category Low Category High FDEGX Rank Quintile
Max Redemption Fee 1.50% 0.05% 5.00% 1.96% 2

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FDEGX Fees (% of AUM) Category Low Category High FDEGX Rank Quintile
Turnover 73.00% 0.00% 650.00% 5.40% 4

FDEGX - Distributions

Dividend Yield Analysis

FDEGX Category Low Category High FDEGX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.75% 23.12% 2

Dividend Distribution Analysis

FDEGX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FDEGX Category Low Category High FDEGX % Rank Quintile
Net Income Ratio 0.43% -14.30% 3.70% 7.52% 2

Capital Gain Distribution Analysis

FDEGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FDEGX - Managers

Jean Park

Manager

Start Date

Aug 16, 2013

Tenure

5.38

Tenure Rank

9.3%

Jean Park is portfolio manager and research analyst since joining Fidelity Investments in 2006. Prior to joining Fidelity Investments in 2006 as a research analyst, Ms. Park was an analyst and associate in the high-yield bond group of Goldman Sachs Asset Management.


Tenure Analysis

Category Low

0.0

Category High

51.0

Category Average

7.86

Category Mode

4.0