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FNCMX Fidelity® Nasdaq Composite Index®

  • Fund
  • FNCMX
  • Price as of: Aug 08, 2016
  • $68.77
  • - $0.10
  • - 0.15%
  • Category
  • Large Cap Growth Equities

FNCMX - Profile

Vitals

  • YTD Return 4.9%
  • 3 Yr Annualized Return 13.7%
  • 5 Yr Annualized Return 14.7%
  • Net Assets $2.47 B
  • Holdings in Top 10 34.1%

52 WEEK LOW AND HIGH

$68.77
$55.92
$68.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

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

BROKERAGE FEES

  • Turnover 9.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 4.9%
  • 3 Yr Annualized Total Return 13.7%
  • 5 Yr Annualized Total Return 14.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.05%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® NASDAQ Composite Index® Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Sep 25, 2003
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Patrick Waddell

Fund Description

The Fidelity NASDAQ Composite Index Fund (FNCMX) provides low-cost exposure to large-cap U.S. growth equities. The fund is designed to track the NASDAQ Composite Index and is passively managed. FNCMX invests at least 80% of its net assets in the same concentrations as the index since the NASDAQ covers all the main sectors of the market. However, the NASDAQ is traditionally a tech, health care and financial index.

As an inexpensive index fund covering large-cap growth stocks, FNCMX makes an ideal core choice for investors seeking growth. The fund is managed by Fidelity Management & Research Company and Geode Capital Management.

FNCMX - Performance

Return Ranking - Trailing

Period FNCMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.9% -97.0% 17.4% 25.87% 2
1 Yr 1.9% -28.3% 24.3% 33.95% 2
3 Yr 13.7% * 0.2% 17.7% 4.02% 1
5 Yr 14.7% * 1.6% 16.2% 1.94% 1
10 Yr 10.5% * 0.4% 13.1% 3.93% 1

* Annualized


Return Ranking - Calendar

Period FNCMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 5.2% -38.0% 13.6% 6.89% 1
2014 N/A -0.7% 12.3% N/A N/A
2013 N/A 23.9% 43.4% N/A N/A
2012 N/A 10.8% 19.6% N/A N/A
2011 N/A -12.1% 12.5% N/A N/A

Total Return Ranking - Trailing

Period FNCMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.9% -97.0% 13.2% 25.51% 2
1 Yr 1.9% -28.3% 22.0% 27.40% 2
3 Yr 13.7% * -1.0% 17.7% 3.46% 1
5 Yr 14.7% * 0.4% 16.2% 1.79% 1
10 Yr 10.5% * -0.1% 13.1% 3.59% 1

* Annualized


Total Return Ranking - Calendar

Period FNCMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 5.2% -38.0% 17.4% 7.15% 1
2014 N/A -0.7% 13.1% N/A N/A
2013 N/A 32.4% 62.9% N/A N/A
2012 N/A 15.7% 23.1% N/A N/A
2011 N/A -14.3% 13.3% N/A N/A

NAV & Total Return History

FNCMX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FNCMX Category Low Category High FNCMX % Rank Quintile
Net Assets 2.47 B 373 K 146 B 6.81% 2
Number of Holdings 2190 1 2190 0.06% 1
Net Assets in Top 10 804 M 0 33.1 B 7.01% 2
Weighting of Top 10 34.1% 0.0% 150.9% 14.91% 3

Top 10 Holdings

  1. Apple Inc 7.03%
  2. Microsoft Corp 5.40%
  3. Alphabet Inc C 3.19%
  4. Intel Corp 2.08%
  5. Facebook Inc A 3.55%
  6. Alphabet Inc A 2.77%
  7. Amazon.com Inc 4.53%
  8. Cisco Systems Inc 1.94%
  9. Comcast Corp Class A 2.12%
  10. Amgen Inc 1.53%

Asset Allocation

Weighting Category Low Category High FNCMX % Rank Quintile
Stocks
99.21% 0.00% 109.00% 4.18% 2
Cash
0.79% -9.00% 100.00% 17.22% 4
Other
0.00% -1.32% 24.55% 6.88% 5
Convertible Bonds
0.00% 0.00% 2.81% 0.84% 4
Preferred Stocks
0.00% 0.00% 4.61% 2.31% 4
Bonds
0.00% 0.00% 76.29% 2.89% 4

Stock Sector Breakdown

Weighting Category Low Category High FNCMX % Rank Quintile
Technology
43.60% -1.29% 52.19% 0.58% 1
Consumer Cyclical
14.45% -2.22% 41.71% 17.93% 4
Healthcare
13.27% -1.03% 98.63% 20.82% 5
Financial Services
6.98% -2.38% 40.17% 19.79% 4
Consumer Defense
6.43% -1.43% 30.67% 17.93% 4
Industrials
5.63% -0.37% 29.48% 23.20% 5
Communication Services
5.51% 0.00% 12.93% 4.31% 1
Real Estate
1.12% 0.00% 11.43% 10.03% 2
Basic Materials
0.75% -1.18% 12.09% 19.02% 5
Energy
0.41% -2.01% 16.80% 20.44% 4
Utilities
0.19% -0.18% 16.29% 7.52% 2

Stock Geographic Breakdown

Weighting Category Low Category High FNCMX % Rank Quintile
US
94.24% 0.00% 109.00% 11.25% 3
Non US
4.97% -0.01% 91.03% 11.12% 2

FNCMX - Expenses

Operational Fees

FNCMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.52% 0.00% 24.91% 15.37% 1
Management Fee 0.24% 0.00% 1.50% 4.95% 1
12b-1 Fee 0.06% 0.00% 1.00% 1.93% 1
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

FNCMX Fees (% of AUM) Category Low Category High FNCMX 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

FNCMX Fees (% of AUM) Category Low Category High FNCMX Rank Quintile
Max Redemption Fee 0.75% 0.05% 5.00% 3.27% 1

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.

FNCMX Fees (% of AUM) Category Low Category High FNCMX Rank Quintile
Turnover 9.00% 0.00% 437.00% 13.83% 1

FNCMX - Distributions

Dividend Yield Analysis

FNCMX Category Low Category High FNCMX % Rank Quintile
Dividend Yield 0.4% 0.00% 2.85% 5.75% 1

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FNCMX Category Low Category High FNCMX % Rank Quintile
Net Income Ratio 1.05% -5.94% 3.70% 3.54% 1

Capital Gain Distribution Analysis

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

FNCMX - Managers

Patrick Waddell

Manager

Start Date

Feb 29, 2004

Tenure

12.43

Tenure Rank

2.6%

Waddell has been a Portfolio Manager with Geode since July 2006. Previously, he was an Assistant Portfolio Manager with Geode since 2004. In addition to his portfolio management responsibilities, Waddell is responsible for quantitative research and new product development. Prior to joining Geode, he was employed by Fidelity in 1997 and served as a Senior Portfolio Assistant from 2002 to 2004.


Louis Bottari

Manager

Start Date

Jan 31, 2009

Tenure

7.5

Tenure Rank

5.6%

Bottari has been an Assistant Portfolio Manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.


Peter Matthew

Manager

Start Date

Aug 31, 2012

Tenure

3.92

Tenure Rank

8.5%

Since joining Geode in 2007, Mr. Matthew has worked as a senior operations associate, portfolio manager assistant, and assistant portfolio manager. Prior to joining Geode, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005.


Deane Gyllenhaal

Lead Manager

Start Date

Sep 30, 2014

Tenure

1.84

Tenure Rank

10.7%

Since joining Geode in 2014, Mr. Gyllenhaal has worked as a senior portfolio manager. Prior to joining Geode, Mr. Gyllenhaal was a senior portfolio manager at Hartford Investment Management from 2006 to 2014.


Tenure Analysis

Category Low

0.0

Category High

48.6

Category Average

7.08

Category Mode

1.6