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FLMLX Fidelity Advisor® Ser Equity-Income

  • Fund
  • FLMLX
  • Price as of: Dec 15, 2017
  • $12.89
  • - $1.02
  • - 7.33%
  • Category
  • Large Cap Value Equities

FLMLX - Profile

Vitals

  • YTD Return -0.2%
  • 3 Yr Annualized Return 7.6%
  • 5 Yr Annualized Return N/A
  • Net Assets $1.13 B
  • Holdings in Top 10 26.4%

52 WEEK LOW AND HIGH

$12.89
$12.88
$14.02

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.66%

SALES FEES

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

BROKERAGE FEES

  • Turnover 39.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Large Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Value

Distributions

  • YTD Total Return -0.2%
  • 3 Yr Annualized Total Return 7.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.19%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Fidelity Advisor® Series Equity-Income Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 06, 2012
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager James Morrow

FLMLX - Performance

Return Ranking - Trailing

Period FLMLX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.2% -83.3% 137.6% 81.52% 5
1 Yr 12.1% -47.2% 35.5% 85.52% 5
3 Yr 7.6% * -15.3% 14.5% 55.70% 3
5 Yr N/A * -0.1% 17.3% N/A N/A
10 Yr N/A * -0.5% 10.6% N/A N/A

* Annualized


Return Ranking - Calendar

Period FLMLX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 13.5% -40.1% 180.5% 14.78% 1
2015 -11.9% -47.3% 9.6% 61.23% 4
2014 4.7% -46.4% 35.3% 39.05% 3
2013 23.5% -13.6% 45.0% 64.05% 4
2012 N/A -22.7% 35.8% N/A N/A

Total Return Ranking - Trailing

Period FLMLX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.2% -83.3% 137.6% 81.58% 5
1 Yr 12.1% -51.7% 110.4% 73.22% 4
3 Yr 7.6% * -11.2% 19.9% 47.93% 3
5 Yr N/A * -0.1% 17.3% N/A N/A
10 Yr N/A * 0.2% 10.6% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period FLMLX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 16.7% -23.8% 187.5% 7.10% 1
2015 -4.3% -26.0% 39.5% 49.50% 3
2014 12.1% -14.3% 57.4% 46.68% 3
2013 38.0% 0.0% 289.2% 56.23% 3
2012 N/A -21.5% 528.1% N/A N/A

NAV & Total Return History

FLMLX - Holdings

Filings data as of: Oct 31, 2017

Concentration Analysis

FLMLX Category Low Category High FLMLX % Rank Quintile
Net Assets 1.13 B 273 K 97.4 B 12.18% 3
Number of Holdings 92 1 914 8.75% 3
Net Assets in Top 10 291 M 0 26.5 B 12.37% 3
Weighting of Top 10 26.4% 0.0% 100.1% 19.31% 4

Top 10 Holdings

  1. JPMorgan Chase & Co 4.29%
  2. Johnson & Johnson 1.81%
  3. Verizon Communications Inc 1.79%
  4. Wells Fargo & Co 3.36%
  5. Chevron Corp 3.10%
  6. Berkshire Hathaway Inc B 3.81%
  7. Amgen Inc 2.34%
  8. US Bancorp 2.10%
  9. Cigna Corp 1.89%
  10. CVS Health Corp 1.87%

Asset Allocation

Weighting Category Low Category High FLMLX % Rank Quintile
Stocks
94.20% 0.00% 135.29% 20.27% 5
Cash
5.51% -35.30% 100.00% 4.66% 1
Bonds
0.29% 0.00% 70.74% 2.85% 1
Preferred Stocks
0.00% 0.00% 33.44% 5.33% 4
Other
0.00% -4.67% 9.89% 6.18% 4
Convertible Bonds
0.00% 0.00% 87.52% 2.09% 4

Stock Sector Breakdown

Weighting Category Low Category High FLMLX % Rank Quintile
Financial Services
25.48% 0.00% 40.84% 10.20% 2
Healthcare
16.78% 0.00% 29.91% 4.86% 1
Consumer Cyclical
11.59% 0.00% 33.15% 5.34% 1
Technology
8.86% 0.00% 28.09% 21.07% 4
Industrials
8.18% 0.00% 33.96% 20.78% 4
Consumer Defense
6.17% -0.07% 32.00% 19.35% 4
Energy
5.32% 0.00% 20.59% 24.79% 5
Utilities
4.25% -0.19% 79.12% 11.82% 3
Real Estate
3.89% -0.32% 25.23% 6.67% 2
Basic Materials
1.86% 0.00% 19.61% 20.97% 4
Communication Services
1.79% 0.00% 17.23% 20.40% 4

Stock Geographic Breakdown

Weighting Category Low Category High FLMLX % Rank Quintile
US
83.56% 0.00% 134.07% 24.64% 4
Non US
10.64% 0.00% 98.67% 6.76% 2

Bond Sector Breakdown

Weighting Category Low Category High FLMLX % Rank Quintile
Cash & Equivalents
5.51% -35.30% 100.00% 4.59% 1
Derivative
0.00% -0.20% 0.06% 0.38% 4
Securitized
0.00% 0.00% 26.63% 0.67% 4
Corporate
0.00% 0.00% 98.51% 8.33% 5
Municipal
0.00% 0.00% 1.62% 0.57% 4
Government
0.00% 0.00% 26.60% 3.25% 4

Bond Geographic Breakdown

Weighting Category Low Category High FLMLX % Rank Quintile
US
0.29% 0.00% 59.40% 2.66% 1
Non US
0.00% 0.00% 11.41% 1.52% 4

FLMLX - Expenses

Operational Fees

FLMLX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.66% 0.05% 21.67% 19.03% 1
Management Fee 0.00% 0.00% 1.20% 7.42% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

FLMLX Fees (% of AUM) Category Low Category High FLMLX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

FLMLX Fees (% of AUM) Category Low Category High FLMLX 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.

FLMLX Fees (% of AUM) Category Low Category High FLMLX Rank Quintile
Turnover 39.00% 0.00% 229.00% 10.37% 3

FLMLX - Distributions

Dividend Yield Analysis

FLMLX Category Low Category High FLMLX % Rank Quintile
Dividend Yield 0.3% 0.00% 3.76% 27.72% 2

Dividend Distribution Analysis

FLMLX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FLMLX Category Low Category High FLMLX % Rank Quintile
Net Income Ratio 2.19% -2.34% 4.47% 6.28% 1

Capital Gain Distribution Analysis

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

FLMLX - Managers

James Morrow

Lead Manager

Start Date

Dec 06, 2012

Tenure

4.99

Tenure Rank

9.1%

James Morrow is lead portfolio manager of Fidelity Equity-Income Fund, which he has managed since October 2011. He also manages other Fidelity funds. Since joining Fidelity Investments in 1999, Mr. Morrow has worked as a research analyst and portfolio manager.


Sean Gavin

Manager

Start Date

Apr 07, 2017

Tenure

0.65

Tenure Rank

14.0%

Since joining Fidelity Investments in 2006, Mr. Gavin has worked as a research analyst and portfolio manager. Prior to that, Gavin was a vice president of Pioneer Investment Management, Inc. Prior to joining Pioneer. He was employed as an analyst at Boston Partners from 2000 to 2002 and at Delphi Management from 1998 to 2000.


Tenure Analysis

Category Low

0.0

Category High

39.2

Category Average

7.11

Category Mode

0.7