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FSMVX Fidelity® Mid Cap Value

  • Fund
  • FSMVX
  • Price as of: Dec 06, 2016
  • $24.74
  • + $0.16
  • + 0.65%
  • Category
  • Mid Cap Value Equities

FSMVX - Profile

Vitals

  • YTD Return 10.7%
  • 3 Yr Annualized Return 8.1%
  • 5 Yr Annualized Return 15.2%
  • Net Assets $3.17 B
  • Holdings in Top 10 23.7%

52 WEEK LOW AND HIGH

$24.74
$19.39
$24.74

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.85%

SALES FEES

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

BROKERAGE FEES

  • Turnover 83.00%

TRADING FEES

  • Max Redemption Fee 0.75%

Min Investment

STANDARD (TAXABLE)

$2,500

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 10.7%
  • 3 Yr Annualized Total Return 8.1%
  • 5 Yr Annualized Total Return 15.2%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® Mid Cap Value Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Nov 15, 2001
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Court Dignan

Fund Description

The Fidelity Mid Cap Value Fund (FSMVX) is a low-cost, actively managed fund that focuses on mid-cap value stocks located in the United States and abroad. Fidelity considers those stocks mid-caps that are included in the Russell Midcap Index or the S&P MidCap 400. The fund’s managers use fundamental analysis to uncover stocks that are undervalued based on assets, sales, earnings, growth potential and cash flow, or undervalued in relation to securities of other companies in the same sector.

Given its focus on mid-cap value stocks, FSMVX makes an ideal subcore portfolio position for investors. The fund is managed by Fidelity.

FSMVX - Performance

Return Ranking - Trailing

Period FSMVX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.7% -16.3% 31.1% 75.77% 4
1 Yr 6.5% -33.1% 29.7% 66.11% 4
3 Yr 8.1% * -9.7% 12.5% 23.73% 2
5 Yr 15.2% * -4.5% 21.3% 16.24% 1
10 Yr 7.3% * -1.2% 10.7% 28.66% 2

* Annualized


Return Ranking - Calendar

Period FSMVX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -9.3% -30.9% 0.7% 36.67% 2
2014 8.9% -18.7% 14.7% 10.03% 1
2013 27.0% -39.7% 66.3% 43.90% 3
2012 17.4% 0.0% 41.2% 25.83% 2
2011 -5.0% -34.9% 5.7% 42.76% 3

Total Return Ranking - Trailing

Period FSMVX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.7% -16.3% 31.1% 84.41% 5
1 Yr 6.5% -28.1% 97.8% 65.64% 4
3 Yr 8.1% * -9.5% 12.5% 20.53% 2
5 Yr 15.2% * -5.6% 21.3% 15.10% 1
10 Yr 7.3% * -1.2% 10.7% 27.73% 2

* Annualized


Total Return Ranking - Calendar

Period FSMVX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -8.6% -26.7% 2.4% 70.17% 4
2014 17.5% -12.4% 25.7% 11.98% 1
2013 49.0% 0.0% 165.8% 44.48% 3
2012 26.2% 0.0% 258.2% 47.15% 3
2011 -5.8% -53.5% 12.7% 39.47% 3

NAV & Total Return History

FSMVX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

FSMVX Category Low Category High FSMVX % Rank Quintile
Net Assets 3.17 B 313 K 38.1 B 5.90% 1
Number of Holdings 134 20 2644 6.37% 2
Net Assets in Top 10 733 M 105 K 9.53 B 4.72% 1
Weighting of Top 10 23.7% 6.4% 75.7% 16.51% 3

Top 10 Holdings

  1. Discover Financial Services 3.17%
  2. Teva Pharmaceutical Industries Ltd ADR 2.53%
  3. Fidelity National Financial Inc 2.53%
  4. AerCap Holdings NV 2.07%
  5. Mack-Cali Realty Corp 2.18%
  6. Conagra Brands Inc 2.44%
  7. American Tower Corp 2.72%
  8. Synchrony Financial 2.14%
  9. Ingersoll-Rand PLC 1.86%
  10. Baker Hughes Inc 2.01%

Asset Allocation

Weighting Category Low Category High FSMVX % Rank Quintile
Stocks
97.39% 47.12% 100.15% 13.21% 3
Cash
1.57% -0.15% 52.89% 20.75% 4
Other
1.04% -5.25% 5.12% 2.59% 1
Convertible Bonds
0.00% 0.00% 2.49% 2.59% 4
Preferred Stocks
0.00% 0.00% 14.07% 3.54% 4
Bonds
0.00% -0.05% 21.99% 3.77% 4

Stock Sector Breakdown

Weighting Category Low Category High FSMVX % Rank Quintile
Financial Services
20.71% 0.00% 37.79% 13.68% 3
Consumer Cyclical
13.43% 0.00% 31.91% 15.09% 2
Real Estate
10.69% 0.00% 48.98% 6.37% 2
Utilities
10.08% 0.00% 14.65% 3.54% 1
Industrials
8.90% 0.00% 43.44% 27.12% 5
Technology
8.87% 0.00% 31.67% 21.70% 4
Energy
8.82% -0.85% 37.42% 9.67% 2
Healthcare
4.77% 0.00% 21.19% 24.06% 4
Basic Materials
3.93% 0.00% 18.74% 21.23% 4
Consumer Defense
3.69% 0.00% 15.99% 19.81% 4
Communication Services
3.07% 0.00% 9.76% 3.54% 1

Stock Geographic Breakdown

Weighting Category Low Category High FSMVX % Rank Quintile
US
89.00% 40.09% 100.00% 26.18% 5
Non US
8.39% -0.18% 35.73% 4.01% 1

FSMVX - Expenses

Operational Fees

FSMVX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.85% 0.08% 19.64% 35.85% 1
Management Fee 0.63% 0.04% 1.26% 7.31% 2
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

FSMVX Fees (% of AUM) Category Low Category High FSMVX Rank Quintile
Front Load N/A 3.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FSMVX Fees (% of AUM) Category Low Category High FSMVX Rank Quintile
Max Redemption Fee 0.75% 0.50% 2.00% 10.26% 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.

FSMVX Fees (% of AUM) Category Low Category High FSMVX Rank Quintile
Turnover 83.00% 6.63% 493.00% 6.13% 4

FSMVX - Distributions

Dividend Yield Analysis

FSMVX Category Low Category High FSMVX % Rank Quintile
Dividend Yield 0.0% 0.00% 2.23% 85.42% 5

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FSMVX Category Low Category High FSMVX % Rank Quintile
Net Income Ratio 1.50% -3.26% 5.97% 7.31% 1

Capital Gain Distribution Analysis

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

FSMVX - Managers

Court Dignan

Manager

Start Date

Apr 29, 2013

Tenure

3.59

Tenure Rank

15.5%

Court Dignan is portfolio manager of Fidelity funds. Since joining Fidelity Investments in 2003, Mr. Dignan has worked as an associate within Fidelity Capital Investors, as a research analyst, and portfolio manager.


Tenure Analysis

Category Low

0.1

Category High

28.3

Category Average

7

Category Mode

1.9