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FOCPX Fidelity® OTC

  • Fund
  • FOCPX
  • Price as of: Dec 09, 2016
  • $83.23
  • - $2.31
  • - 2.70%
  • Category
  • Large Cap Growth Equities

FOCPX - Profile

Vitals

  • YTD Return -0.2%
  • 3 Yr Annualized Return 10.9%
  • 5 Yr Annualized Return 15.8%
  • Net Assets $13 B
  • Holdings in Top 10 43.5%

52 WEEK LOW AND HIGH

$83.23
$64.49
$87.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.91%

SALES FEES

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

BROKERAGE FEES

  • Turnover 56.00%

TRADING FEES

  • Max Redemption Fee N/A

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 -0.2%
  • 3 Yr Annualized Total Return 10.9%
  • 5 Yr Annualized Total Return 15.8%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio -0.07%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name Fidelity® OTC Portfolio
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 31, 1984
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Gavin Baker

Fund Description

The Fidelity OTC Portfolio (FOCPX) seeks capital appreciation by investing across a spectrum of dynamic growth companies and is benchmarked against the Nasdaq Composite Index. THe fund will normally invest at least 80% of assets in securities principally traded on NASDAQ or an over-the-counter market, which has more small and medium-sized companies than other markets. Furthermore, FOCPX invests at least 25% of assets in the technology sector.

The fund manager, Gavin Baker, utilizes several fundamental factors to screen potential holdings including accurate forecasts of future earnings power, low valuations and positive price momentum. The resulting portfolio consists primarily of U.S. large capitalization growth equities.

FOCPX - Performance

Return Ranking - Trailing

Period FOCPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.2% -97.0% 126.7% 71.51% 4
1 Yr 2.9% -52.0% 75.7% 34.91% 2
3 Yr 10.9% * -15.1% 30.2% 1.70% 1
5 Yr 15.8% * 3.8% 18.5% 2.43% 1
10 Yr 10.8% * -0.3% 11.9% 0.43% 1

* Annualized


Return Ranking - Calendar

Period FOCPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 4.9% -52.0% 11.4% 5.71% 1
2014 2.8% -40.3% 19.3% 35.68% 2
2013 27.7% -11.8% 56.4% 48.25% 3
2012 10.8% -21.6% 29.1% 73.05% 4
2011 -0.4% -36.6% 14.5% 24.71% 2

Total Return Ranking - Trailing

Period FOCPX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -0.2% -97.0% 131.7% 73.56% 4
1 Yr 2.9% -71.3% 2606.2% 29.55% 2
3 Yr 10.9% * -21.9% 43.7% 1.91% 1
5 Yr 15.8% * 2.6% 19.7% 2.28% 1
10 Yr 10.8% * -0.9% 11.9% 0.43% 1

* Annualized


Total Return Ranking - Calendar

Period FOCPX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 10.2% -38.0% 19.0% 7.54% 1
2014 19.7% -17.3% 28.8% 4.26% 1
2013 75.8% -2.9% 382.6% 7.31% 1
2012 20.7% -13.0% 615.0% 62.72% 4
2011 -0.8% -100.0% 67.8% 34.26% 2

NAV & Total Return History

FOCPX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

FOCPX Category Low Category High FOCPX % Rank Quintile
Net Assets 13 B 373 K 146 B 1.22% 1
Number of Holdings 205 1 2199 3.60% 1
Net Assets in Top 10 6.01 B 0 36 B 0.84% 1
Weighting of Top 10 43.5% 0.0% 150.9% 6.81% 1

Top 10 Holdings

  1. Apple Inc 8.92%
  2. Amazon.com Inc 5.33%
  3. Alphabet Inc A 4.79%
  4. Alphabet Inc C 3.32%
  5. Activision Blizzard Inc 4.41%
  6. NVIDIA Corp 2.55%
  7. Tesla Motors Inc 5.14%
  8. Ubisoft Entertainment 2.50%
  9. Microsoft Corp 3.96%
  10. Endo International PLC 2.56%

Asset Allocation

Weighting Category Low Category High FOCPX % Rank Quintile
Stocks
93.72% 0.00% 110.73% 19.47% 5
Cash
5.31% -10.73% 100.00% 4.76% 1
Preferred Stocks
0.97% 0.00% 5.54% 1.09% 1
Other
0.00% -1.57% 24.55% 7.33% 5
Convertible Bonds
0.00% 0.00% 3.55% 0.71% 5
Bonds
0.00% -0.14% 76.74% 3.53% 5

Stock Sector Breakdown

Weighting Category Low Category High FOCPX % Rank Quintile
Technology
48.00% -1.29% 53.71% 0.32% 1
Consumer Cyclical
17.03% -2.22% 49.24% 12.92% 3
Healthcare
13.98% -1.03% 91.28% 17.67% 4
Financial Services
4.22% -2.38% 33.61% 27.12% 5
Consumer Defense
2.36% -1.43% 27.63% 24.61% 5
Communication Services
2.27% 0.00% 12.93% 14.85% 4
Industrials
1.72% -0.37% 25.68% 26.80% 5
Utilities
1.28% -0.64% 11.30% 4.76% 1
Energy
0.66% -1.24% 16.88% 20.05% 4
Real Estate
0.00% -0.04% 11.06% 14.14% 5
Basic Materials
0.00% -1.18% 12.25% 19.34% 5

Stock Geographic Breakdown

Weighting Category Low Category High FOCPX % Rank Quintile
US
85.64% 0.00% 110.73% 22.94% 5
Non US
8.08% 0.00% 89.90% 6.68% 2

FOCPX - Expenses

Operational Fees

FOCPX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.91% 0.00% 24.91% 13.25% 2
Management Fee 0.72% 0.00% 1.50% 2.19% 4
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

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

FOCPX Fees (% of AUM) Category Low Category High FOCPX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% 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.

FOCPX Fees (% of AUM) Category Low Category High FOCPX Rank Quintile
Turnover 56.00% 0.00% 601.00% 7.78% 3

FOCPX - Distributions

Dividend Yield Analysis

FOCPX Category Low Category High FOCPX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.85% 54.61% 4

Dividend Distribution Analysis

FOCPX Category Low Category High Category Mode
Dividend Distribution Frequency None Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FOCPX Category Low Category High FOCPX % Rank Quintile
Net Income Ratio -0.07% -7.69% 3.70% 11.06% 3

Capital Gain Distribution Analysis

FOCPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Daily Annually

FOCPX - Managers

Gavin Baker

Manager

Start Date

Jul 01, 2009

Tenure

7.42

Tenure Rank

5.8%

Baker joined Fidelity in 1999 as an equity research analyst following companies in the cement and building materials industries. He subsequently followed the semiconductor industry. In 2002, Baker began following the pharmaceutical sector, and managed Fidelity Select Pharmaceuticals Portfolio from 2002 to 2005. He then started following large- cap consumer stocks before assuming — in 2006 —the role of diversified analyst working with the large– cap growth group. Baker most recently began serving as sector leader of the telecom and utilities equity research group.


Tenure Analysis

Category Low

0.0

Category High

49.0

Category Average

7.2

Category Mode

1.9