Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Thank you for selecting your broker
We are redirecting you to the Broker Center now
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Thank you for your submission, we hope you enjoy your experience
ALERT

FREE Webinar for FA’s and RIA’s — Reserve Your Seat Now!

Mutualfunds logo

FSCRX Fidelity® Small Cap Discovery

  • Fund
  • FSCRX
  • Price as of: Dec 06, 2016
  • $31.74
  • + $0.29
  • + 0.92%
  • Category
  • Small Cap Blend Equities

FSCRX - Profile

Vitals

  • YTD Return 20.1%
  • 3 Yr Annualized Return 3.1%
  • 5 Yr Annualized Return 13.2%
  • Net Assets $5.12 B
  • Holdings in Top 10 29.0%

52 WEEK LOW AND HIGH

$31.74
$23.30
$31.74

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.01%

SALES FEES

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

BROKERAGE FEES

  • Turnover 25.00%

TRADING FEES

  • Max Redemption Fee 1.50%

Min Investment

Closed to new investors as of 2013-01-31

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Small Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Small Blend

Distributions

  • YTD Total Return 20.1%
  • 3 Yr Annualized Total Return 3.1%
  • 5 Yr Annualized Total Return 13.2%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.53%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Fidelity® Small Cap Discovery Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Sep 26, 2000
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Charles L. Myers

Fund Description

The Fidelity Small Cap Discovery Fund (FSCRX) seeks to provide long-term growth of capital by investing in the small-cap stocks of the Russell 2000 and S&P 600. The fund’s managers use fundamental analysis to uncover undervalued small-cap stocks. While predominantly a U.S.-focused fund, FSCRX can invest in international small-caps as well. There is no sector or weighting mandate for the fund.

As an actively managed fund, FSCRX’s expenses are about average. All in all, the fund makes for a perfect secondary position for longer-term investors. The fund is internally managed by Fidelity.

FSCRX - Performance

Return Ranking - Trailing

Period FSCRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 20.1% -72.0% 136.8% 31.27% 2
1 Yr 0.1% -52.1% 47.5% 81.92% 5
3 Yr 3.1% * -28.4% 9.8% 27.95% 4
5 Yr 13.2% * -13.9% 18.1% 9.00% 2
10 Yr 10.1% * -13.3% 10.8% 0.31% 1

* Annualized


Return Ranking - Calendar

Period FSCRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -12.2% -59.6% 6.9% 64.53% 4
2014 -3.7% -36.1% 14.0% 50.33% 3
2013 29.9% -8.1% 59.7% 52.94% 3
2012 20.2% -3.7% 30.8% 5.88% 1
2011 -2.1% -25.9% 10.8% 22.70% 2

Total Return Ranking - Trailing

Period FSCRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 20.1% -72.0% 136.8% 35.80% 2
1 Yr 0.1% -34.0% 191.4% 89.00% 5
3 Yr 3.1% * -11.9% 11.6% 81.00% 5
5 Yr 13.2% * 1.7% 29.6% 55.47% 3
10 Yr 10.1% * -0.8% 27.3% 7.45% 1

* Annualized


Total Return Ranking - Calendar

Period FSCRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.1% -49.6% 6.9% 60.76% 4
2014 8.0% -16.1% 15.8% 17.74% 1
2013 53.1% -0.9% 156.4% 40.15% 2
2012 38.8% -3.7% 161.3% 9.14% 1
2011 0.6% -36.1% 16.4% 16.18% 1

NAV & Total Return History

FSCRX - Holdings

Filings data as of: Jul 31, 2016

Concentration Analysis

FSCRX Category Low Category High FSCRX % Rank Quintile
Net Assets 5.12 B 2.07 M 61.2 B 1.15% 1
Number of Holdings 61 2 3599 24.71% 5
Net Assets in Top 10 1.56 B 324 K 2.5 B 0.57% 1
Weighting of Top 10 29.0% 2.3% 451.3% 9.20% 1

Top 10 Holdings

  1. Tech Data Corp 3.03%
  2. TCF Financial Corp 2.89%
  3. Ingram Micro Inc A 2.85%
  4. Post Holdings Inc 3.21%
  5. Amsurg Corp 2.64%
  6. Federated Investors Inc Class B 2.92%
  7. WESCO International Inc 2.99%
  8. Cullen/Frost Bankers Inc 3.14%
  9. Carpenter Technology Corp 2.72%
  10. Brunswick Corp 2.57%

Asset Allocation

Weighting Category Low Category High FSCRX % Rank Quintile
Stocks
99.42% 28.15% 101.14% 3.83% 1
Cash
0.57% -190.32% 51.78% 29.89% 5
Other
0.00% -1.30% 73.36% 11.11% 5
Convertible Bonds
0.00% 0.00% 0.63% 0.77% 5
Preferred Stocks
0.00% 0.00% 3.40% 2.49% 5
Bonds
0.00% 0.00% 189.27% 4.79% 5

Stock Sector Breakdown

Weighting Category Low Category High FSCRX % Rank Quintile
Industrials
26.65% 0.16% 50.02% 3.07% 1
Financial Services
19.11% 0.00% 29.17% 6.32% 1
Consumer Cyclical
13.84% 0.00% 36.92% 16.09% 2
Technology
13.46% 0.00% 63.24% 25.67% 4
Healthcare
12.01% 0.00% 24.11% 12.07% 2
Energy
4.61% 0.00% 13.21% 7.66% 1
Real Estate
3.70% 0.00% 38.12% 26.63% 4
Consumer Defense
3.21% 0.00% 22.01% 21.07% 4
Utilities
0.97% 0.00% 22.37% 23.75% 4
Basic Materials
0.90% 0.00% 17.26% 32.18% 5
Communication Services
0.00% 0.00% 6.25% 20.11% 5

Stock Geographic Breakdown

Weighting Category Low Category High FSCRX % Rank Quintile
US
97.53% 0.77% 101.16% 8.05% 2
Non US
1.89% -0.04% 95.37% 13.41% 2

FSCRX - Expenses

Operational Fees

FSCRX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.01% 0.05% 15.38% 29.69% 2
Management Fee 0.81% 0.01% 2.00% 4.79% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.40% N/A N/A

Sales Fees

FSCRX Fees (% of AUM) Category Low Category High FSCRX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FSCRX Fees (% of AUM) Category Low Category High FSCRX Rank Quintile
Max Redemption Fee 1.50% 1.00% 2.00% 1.85% 3

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.

FSCRX Fees (% of AUM) Category Low Category High FSCRX Rank Quintile
Turnover 25.00% 2.00% 639.00% 19.39% 2

FSCRX - Distributions

Dividend Yield Analysis

FSCRX Category Low Category High FSCRX % Rank Quintile
Dividend Yield 0.0% 0.00% 2.78% 57.95% 4

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSCRX Category Low Category High FSCRX % Rank Quintile
Net Income Ratio 0.53% -2.42% 2.26% 16.09% 2

Capital Gain Distribution Analysis

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

FSCRX - Managers

Charles L. Myers

Manager

Start Date

Mar 14, 2006

Tenure

10.64

Tenure Rank

3.5%

Myers has served as an equity research analyst with Fidelity’s small-cap equity research team since 2003. He joined Fidelity’s equity research department in 1999 and, from 2001 to 2003, he followed European telecommunications operators for Fidelity International Limited in London.


Derek Janssen

Manager

Start Date

Mar 07, 2016

Tenure

0.65

Tenure Rank

17.6%

Since joining Fidelity Investments in 2007, Mr. Janssen has worked as a research analyst and portfolio manager.


Tenure Analysis

Category Low

0.0

Category High

32.5

Category Average

5.77

Category Mode

1.9