Fidelity® Independence
Name
As of 05/14/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-3.0%
1 yr return
41.1%
3 Yr Avg Return
18.3%
5 Yr Avg Return
17.7%
Net Assets
$4.53 B
Holdings in Top 10
32.7%
52 WEEK LOW AND HIGH
$44.2
$37.46
$50.16
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 61.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/14/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FDFFX - Profile
Distributions
- YTD Total Return -3.0%
- 3 Yr Annualized Total Return 18.3%
- 5 Yr Annualized Total Return 17.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.05%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFidelity® Independence Fund
-
Fund Family NameFidelity Investments
-
Inception DateMar 25, 1983
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
The Fidelity Independence Fund (FDFFX) is a low-cost, actively managed fund that seeks to grow investor capital. The firm primarily focuses on large-cap U.S. stocks, however, it can own foreign equities as well. FDFFX’s management uses various fundamental metrics that focus on earnings to find stocks that have faster-than-average earnings growth. This growth can be from more traditional secular drivers as well as special events like company turnarounds, cyclical recoveries or industry transformations. There is no sector requirement for the fund.
Given its focus on growth, FDFFX is best suited as a subcore position in a broad equity portfolio. The fund is internally managed by Fidelity.
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FDFFX - Performance
Return Ranking - Trailing
Period | FDFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.0% | -88.7% | 119.5% | 97.54% |
1 Yr | 41.1% | -9.0% | 85.7% | 11.09% |
3 Yr | 18.3%* | 3.6% | 47.4% | 86.49% |
5 Yr | 17.7%* | 10.8% | 40.9% | 87.19% |
10 Yr | 12.5%* | 9.6% | 24.5% | 97.37% |
* Annualized
Return Ranking - Calendar
Period | FDFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.7% | -67.0% | 145.0% | 46.58% |
2022 | 18.7% | -28.8% | 76.0% | 81.13% |
2021 | -17.3% | -57.9% | 10.6% | 81.92% |
2020 | 11.4% | -68.7% | 64.3% | 86.90% |
2019 | -6.9% | -47.1% | 53.3% | 82.95% |
Total Return Ranking - Trailing
Period | FDFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.0% | -88.6% | 119.5% | 97.61% |
1 Yr | 41.1% | -9.0% | 85.7% | 10.72% |
3 Yr | 18.3%* | 3.6% | 47.4% | 81.58% |
5 Yr | 17.7%* | 10.3% | 40.9% | 82.75% |
10 Yr | 12.5%* | 9.6% | 24.5% | 96.25% |
* Annualized
Total Return Ranking - Calendar
Period | FDFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.7% | -67.0% | 145.0% | 46.58% |
2022 | 18.7% | -28.8% | 76.0% | 81.30% |
2021 | -17.3% | -57.9% | 16.5% | 88.16% |
2020 | 26.4% | -24.8% | 64.3% | 49.33% |
2019 | -1.2% | -43.3% | 53.3% | 74.62% |
NAV & Total Return History
FDFFX - Holdings
Concentration Analysis
FDFFX | Category Low | Category High | FDFFX % Rank | |
---|---|---|---|---|
Net Assets | 4.53 B | 219 K | 280 B | 33.49% |
Number of Holdings | 73 | 2 | 3125 | 41.04% |
Net Assets in Top 10 | 1.39 B | -20.6 M | 102 B | 34.40% |
Weighting of Top 10 | 32.74% | 10.1% | 100.0% | 83.58% |
Top 10 Holdings
- Apple Inc 6.63%
- Microsoft Corp 6.25%
- Amazon.com Inc 4.77%
- Facebook Inc A 2.87%
- Alphabet Inc A 2.28%
- Alphabet Inc Class C 2.27%
- The Home Depot Inc 1.97%
- Visa Inc Class A 1.95%
- NVIDIA Corp 1.95%
- NVIDIA Corp 1.95%
Asset Allocation
Weighting | Return Low | Return High | FDFFX % Rank | |
---|---|---|---|---|
Stocks | 99.20% | 0.00% | 142.86% | 50.21% |
Cash | 0.79% | -42.85% | 61.69% | 42.75% |
Other | 0.01% | -0.52% | 18.26% | 20.11% |
Preferred Stocks | 0.00% | -0.01% | 4.14% | 53.83% |
Convertible Bonds | 0.00% | 0.00% | 0.59% | 50.89% |
Bonds | 0.00% | -0.70% | 99.61% | 52.60% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FDFFX % Rank | |
---|---|---|---|---|
Technology | 34.20% | 0.00% | 62.06% | 41.48% |
Communication Services | 15.14% | 0.00% | 67.80% | 41.55% |
Financial Services | 11.56% | 0.00% | 44.03% | 38.54% |
Consumer Cyclical | 9.95% | 0.00% | 50.79% | 88.02% |
Healthcare | 9.57% | 0.00% | 40.78% | 74.33% |
Industrials | 8.74% | 0.00% | 39.00% | 29.02% |
Real Estate | 4.97% | 0.00% | 21.64% | 3.90% |
Basic Materials | 2.35% | 0.00% | 22.40% | 27.04% |
Consumer Defense | 2.25% | 0.00% | 23.31% | 68.93% |
Utilities | 1.28% | 0.00% | 10.87% | 11.84% |
Energy | 0.00% | 0.00% | 29.32% | 69.95% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FDFFX % Rank | |
---|---|---|---|---|
US | 97.90% | 0.00% | 141.08% | 25.24% |
Non US | 1.30% | 0.00% | 86.30% | 74.42% |
FDFFX - Expenses
Operational Fees
FDFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.85% | 0.01% | 13.41% | 48.83% |
Management Fee | 0.70% | 0.00% | 1.50% | 69.24% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
FDFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
FDFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 5.00% | N/A |
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.
FDFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 61.00% | 0.00% | 414.00% | 72.89% |
FDFFX - Distributions
Dividend Yield Analysis
FDFFX | Category Low | Category High | FDFFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.68% | 52.01% |
Dividend Distribution Analysis
FDFFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
FDFFX | Category Low | Category High | FDFFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.05% | -56.00% | 2.90% | 36.45% |
Capital Gain Distribution Analysis
FDFFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2018 | $0.221 | |
Dec 27, 2017 | $0.405 | |
Dec 28, 2016 | $0.184 | |
Dec 15, 2014 | $0.043 | |
Dec 16, 2013 | $0.110 | |
Dec 28, 2012 | $0.004 | |
Dec 17, 2012 | $0.045 | |
Dec 19, 2011 | $0.058 | |
Dec 14, 2009 | $0.033 | |
Dec 15, 2008 | $0.085 | |
Dec 18, 2006 | $0.100 | |
Dec 19, 2005 | $0.040 | |
Jan 10, 2005 | $0.010 | |
Dec 20, 2004 | $0.100 | |
Dec 22, 2003 | $0.100 | |
Dec 23, 2002 | $0.210 | |
Dec 24, 2001 | $0.200 | |
Dec 26, 2000 | $0.080 | |
Dec 20, 1999 | $0.050 | |
Dec 21, 1998 | $0.140 | |
Dec 23, 1996 | $0.261 |