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FDEGX Fidelity® Growth Strategies

  • Fund
  • FDEGX
  • Price as of: Dec 09, 2016
  • $34.57
  • + $0.11
  • + 0.32%
  • Category
  • Large Cap Growth Equities

FDEGX - Profile

Vitals

  • YTD Return 3.9%
  • 3 Yr Annualized Return 7.2%
  • 5 Yr Annualized Return 12.4%
  • Net Assets $2.56 B
  • Holdings in Top 10 21.0%

52 WEEK LOW AND HIGH

$34.57
$29.03
$34.72

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.91%

SALES FEES

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

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee 1.50%

Min Investment

STANDARD (TAXABLE)

$2,500

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 3.9%
  • 3 Yr Annualized Total Return 7.2%
  • 5 Yr Annualized Total Return 12.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.13%
DIVIDENDS
  • Dividend Yield 0.1%
  • 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 3.9% -97.0% 126.7% 44.00% 3
1 Yr 0.0% -52.0% 75.7% 62.63% 4
3 Yr 7.2% * -15.1% 30.2% 41.27% 3
5 Yr 12.4% * 3.8% 18.5% 52.62% 3
10 Yr 5.7% * -0.3% 11.9% 77.32% 4

* Annualized


Return Ranking - Calendar

Period FDEGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 3.0% -52.0% 11.4% 11.42% 1
2014 13.3% -40.3% 19.3% 3.17% 1
2013 37.6% -11.8% 56.4% 6.53% 1
2012 11.3% -21.6% 29.1% 70.52% 4
2011 -9.0% -36.6% 14.5% 83.71% 5

Total Return Ranking - Trailing

Period FDEGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.9% -97.0% 131.7% 45.88% 3
1 Yr 0.0% -71.3% 2606.2% 54.09% 3
3 Yr 7.2% * -21.9% 43.7% 36.38% 2
5 Yr 12.4% * 2.6% 19.7% 47.68% 3
10 Yr 5.7% * -0.9% 11.9% 74.72% 4

* Annualized


Total Return Ranking - Calendar

Period FDEGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 3.0% -38.0% 19.0% 50.40% 3
2014 13.7% -17.3% 28.8% 35.52% 2
2013 38.1% -2.9% 382.6% 73.27% 4
2012 11.9% -13.0% 615.0% 92.59% 5
2011 -9.1% -100.0% 67.8% 78.24% 5

NAV & Total Return History

FDEGX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

FDEGX Category Low Category High FDEGX % Rank Quintile
Net Assets 2.56 B 373 K 146 B 7.01% 2
Number of Holdings 108 1 2199 6.81% 2
Net Assets in Top 10 555 M 0 36 B 9.45% 2
Weighting of Top 10 21.0% 0.0% 150.9% 28.15% 5

Top 10 Holdings

  1. Total System Services Inc 2.06%
  2. O'Reilly Automotive Inc 2.65%
  3. Electronic Arts Inc 2.04%
  4. AutoZone Inc 2.26%
  5. Equifax Inc 2.32%
  6. Global Payments Inc 2.09%
  7. TransDigm Group Inc 2.15%
  8. Edwards Lifesciences Corp 1.68%
  9. VeriSign Inc 2.01%
  10. Fiserv Inc 1.73%

Asset Allocation

Weighting Category Low Category High FDEGX % Rank Quintile
Stocks
95.72% 0.00% 110.73% 15.94% 4
Cash
4.28% -10.73% 100.00% 6.75% 1
Other
0.00% -1.57% 24.55% 7.33% 5
Convertible Bonds
0.00% 0.00% 3.55% 0.71% 4
Preferred Stocks
0.00% 0.00% 5.54% 2.44% 4
Bonds
0.00% -0.14% 76.74% 3.60% 4

Stock Sector Breakdown

Weighting Category Low Category High FDEGX % Rank Quintile
Industrials
23.00% -0.37% 25.68% 0.32% 1
Consumer Cyclical
19.52% -2.22% 49.24% 7.07% 2
Technology
15.42% -1.29% 53.71% 26.86% 5
Healthcare
14.96% -1.03% 91.28% 14.85% 3
Consumer Defense
8.80% -1.43% 27.63% 10.35% 2
Financial Services
5.91% -2.38% 33.61% 23.33% 4
Real Estate
3.98% -0.04% 11.06% 2.70% 1
Basic Materials
3.05% -1.18% 12.25% 8.74% 2
Energy
1.08% -1.24% 16.88% 18.57% 4
Communication Services
0.00% 0.00% 12.93% 20.44% 5
Utilities
0.00% -0.64% 11.30% 8.10% 5

Stock Geographic Breakdown

Weighting Category Low Category High FDEGX % Rank Quintile
US
93.69% 0.00% 110.73% 11.89% 3
Non US
2.03% 0.00% 89.90% 18.38% 4

FDEGX - Expenses

Operational Fees

FDEGX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.91% 0.00% 24.91% 13.25% 2
Management Fee 0.67% 0.00% 1.50% 2.51% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 1.00% 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 40.00% 0.00% 601.00% 9.71% 2

FDEGX - Distributions

Dividend Yield Analysis

FDEGX Category Low Category High FDEGX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.85% 54.40% 4

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 0.13% -7.69% 3.70% 9.77% 3

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

3.29

Tenure Rank

9.4%

Jean Park is portfolio manager of Leisure Portfolio, which she has managed since July 2010. 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

49.0

Category Average

7.2

Category Mode

1.9