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FDVLX Fidelity® Value

  • Fund
  • FDVLX
  • Price as of: Jan 18, 2019
  • $9.61
  • + $0.13
  • + 1.37%
  • Category
  • Mid Cap Value Equities

FDVLX - Profile

Vitals

  • YTD Return 10.5%
  • 3 Yr Annualized Return 3.5%
  • 5 Yr Annualized Return 3.0%
  • Net Assets $6.18 B
  • Holdings in Top 10 11.7%

52 WEEK LOW AND HIGH

$9.61
$8.24
$126.54

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.58%

SALES FEES

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

BROKERAGE FEES

  • Turnover 100.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 10.5%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 3.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.25%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® Value Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 01, 1978
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager John Mirshekari

Fund Description

The Fidelity Value Fund (FDVLX) is a low-cost, actively managed mutual fund that aims to grow capital by investing in domestic large-cap stocks that are deemed to be undervalued. FDVLX’s management uses deep research methodologies to uncover those stocks that are underappreciated by the market and that are high-quality and possess strong competitive positions. Typically, low price-to-earnings metrics are used by the fund. There are no sector requirements.

Given its low costs and focus on value, FDVLX makes a great choice for investors looking to overweight value in their equity portfolios. The fund is internally manage by Fidelity.

FDVLX - Performance

Return Ranking - Trailing

Period FDVLX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.5% -31.3% 20.9% 15.91% 1
1 Yr -17.3% -33.1% 33.5% 79.86% 5
3 Yr 3.5% * -9.7% 14.4% 71.39% 4
5 Yr 3.0% * -7.7% 16.0% 68.09% 4
10 Yr 12.3% * 0.8% 16.9% 34.83% 2

* Annualized


Return Ranking - Calendar

Period FDVLX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -92.8% -92.8% 17.4% 96.82% 5
2017 10.3% -23.0% 26.2% 20.26% 2
2016 14.6% -18.5% 36.2% 39.90% 3
2015 -15.5% -30.9% 35.1% 68.75% 4
2014 9.3% -18.7% 36.6% 15.49% 1

Total Return Ranking - Trailing

Period FDVLX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.5% -100.0% 18.7% 15.83% 1
1 Yr -17.3% -28.1% 97.8% 73.93% 4
3 Yr 3.5% * -7.6% 14.4% 64.30% 4
5 Yr 3.0% * -8.1% 22.4% 64.89% 4
10 Yr 12.3% * 0.8% 16.9% 31.83% 2

* Annualized


Total Return Ranking - Calendar

Period FDVLX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -92.8% -92.8% 20.9% 97.07% 5
2017 10.3% -16.5% 26.2% 20.77% 2
2016 14.6% -18.3% 28.0% 44.70% 3
2015 -6.8% -26.7% 138.4% 64.32% 4
2014 13.4% -12.4% 159.7% 37.75% 2

NAV & Total Return History

FDVLX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

FDVLX Category Low Category High FDVLX % Rank Quintile
Net Assets 6.18 B 313 K 32.7 B 3.30% 1
Number of Holdings 216 27 2617 3.07% 1
Net Assets in Top 10 821 M 105 K 9.32 B 3.77% 1
Weighting of Top 10 11.7% 6.4% 60.3% 34.67% 5

Top 10 Holdings

  1. Sempra Energy 1.53%
  2. PPL Corp 1.10%
  3. AECOM 1.16%
  4. Nielsen Holdings PLC 1.20%
  5. Cheniere Energy Inc 1.08%
  6. Dollar Tree Inc 1.07%
  7. American Tower Corp 0.99%
  8. Vistra Energy Corp 1.34%
  9. Evergy Inc 1.23%
  10. American Airlines Group Inc 0.99%

Asset Allocation

Weighting Category Low Category High FDVLX % Rank Quintile
Stocks
99.09% 26.96% 102.07% 6.37% 2
Cash
0.92% -2.15% 50.80% 24.76% 4
Preferred Stocks
0.00% 0.00% 16.51% 4.01% 4
Other
0.00% -5.25% 10.96% 6.37% 4
Convertible Bonds
0.00% 0.00% 0.68% 1.18% 4
Bonds
0.00% -0.05% 19.44% 4.01% 4

Stock Sector Breakdown

Weighting Category Low Category High FDVLX % Rank Quintile
Industrials
15.96% 0.00% 33.76% 9.43% 2
Consumer Cyclical
14.02% 0.00% 33.01% 11.56% 2
Financial Services
13.76% 0.00% 37.79% 31.60% 5
Basic Materials
8.89% 0.00% 22.57% 2.83% 1
Real Estate
8.53% 0.00% 46.58% 16.27% 3
Technology
7.85% 0.00% 31.48% 25.00% 4
Energy
7.50% 0.00% 37.42% 11.08% 2
Consumer Defense
6.97% 0.00% 16.80% 7.78% 2
Healthcare
6.35% 0.00% 22.68% 20.05% 3
Utilities
6.02% 0.00% 13.41% 16.04% 3
Communication Services
2.61% 0.00% 7.32% 3.77% 1

Stock Geographic Breakdown

Weighting Category Low Category High FDVLX % Rank Quintile
US
88.21% 22.09% 100.47% 28.07% 5
Non US
10.88% 0.00% 36.26% 2.83% 1

FDVLX - Expenses

Operational Fees

FDVLX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.58% 0.07% 19.64% 38.68% 1
Management Fee 0.41% 0.06% 1.26% 10.14% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.40% N/A N/A

Sales Fees

FDVLX Fees (% of AUM) Category Low Category High FDVLX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FDVLX Fees (% of AUM) Category Low Category High FDVLX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

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.

FDVLX Fees (% of AUM) Category Low Category High FDVLX Rank Quintile
Turnover 100.00% 6.00% 852.98% 4.72% 5

FDVLX - Distributions

Dividend Yield Analysis

FDVLX Category Low Category High FDVLX % Rank Quintile
Dividend Yield 0.2% 0.00% 3.80% 33.59% 2

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FDVLX Category Low Category High FDVLX % Rank Quintile
Net Income Ratio 1.25% -4.96% 6.58% 11.08% 1

Capital Gain Distribution Analysis

FDVLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

FDVLX - Managers

John Mirshekari

Manager

Start Date

Jun 07, 2010

Tenure

8.57

Tenure Rank

7.4%

Mr. Mirshekari has joined Fidelity Investments since 2003 and has worked as a research analyst and portfolio manager. He is also a member of FMR’s Stock Selector Large Cap Group.


Shadman Riaz

Manager

Start Date

Jun 07, 2010

Tenure

8.57

Tenure Rank

7.4%

Since joining Fidelity Investments in 2001, Mr. Riaz has worked as a research analyst and portfolio manager.


Matthew Friedman

Lead Manager

Start Date

May 13, 2010

Tenure

8.64

Tenure Rank

7.3%

Friedman joined Fidelity Investments in 2000, working as a research analyst and portfolio manager. Prior to joining Fidelity, Friedman was an investment banking analyst for Lehman Brothers in New York. Friedman holds the Chartered Financial Analyst designation.


Laurie Mundt

Manager

Start Date

Jun 07, 2010

Tenure

8.57

Tenure Rank

7.4%

Prior to joining Fidelity Investments in 2008 as a research analyst, Ms. Mundt served as a vice president for T. Rowe Price Group, which she joined in 2000.


Tenure Analysis

Category Low

0.1

Category High

30.3

Category Average

7.43

Category Mode

4.0