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FCNKX Fidelity® Contrafund® K

  • Fund
  • FCNKX
  • Price as of: May 20, 2019
  • $12.66 - $0.10 - 0.78%
  • Category
  • Large Cap Growth Equities

FCNKX - Profile

Vitals

  • YTD Return 15.0%
  • 3 Yr Annualized Return 9.5%
  • 5 Yr Annualized Return 5.9%
  • Net Assets $123 B
  • Holdings in Top 10 41.0%

52 WEEK LOW AND HIGH

$12.66
$10.25
$14.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.73%

SALES FEES

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

BROKERAGE FEES

  • Turnover 32.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 15.0%
  • 3 Yr Annualized Total Return 16.1%
  • 5 Yr Annualized Total Return 11.3%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.10%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name Fidelity® Contrafund® Fund
  • Fund Family Name Fidelity Investments
  • Inception Date May 09, 2008
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager William Danoff

Fund Description

The Fidelity Contrafund Fund Class K (FCNKX) is a low-cost, actively managed fund that seeks to grow investor capital by investing in both domestic and foreign large-cap stocks. Contra’s management uses various fundamental screens to find stocks that are undervalued or underappreciated by the markets. The fund generally holds stocks for a long time or until the stock hits its target value as determined by FCNKX’s management. The fund may invest in both value and growth stocks and traditionally has skewed towards holding mostly U.S.-domiciled companies.

Given its low costs and focus on value, FCNKX makes a great subcore choice for investors. The fund is internally managed by Fidelity.

FCNKX - Performance

Return Ranking - Trailing

Period FCNKX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.0% -7.9% 26.7% 74.15%
1 Yr -3.2% -63.9% 13.6% 41.00%
3 Yr 9.5%* -38.0% 20.9% 28.89%
5 Yr 5.9%* -30.7% 21.4% 24.42%
10 Yr 10.6%* -12.3% 17.3% 27.74%

* Annualized


Return Ranking - Calendar

Period FCNKX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.0% -65.5% 5.0% 30.71%
2017 24.4% -24.8% 41.0% 15.85%
2016 -0.5% -56.6% 18.1% 52.34%
2015 1.0% -38.0% 11.4% 22.63%
2014 1.9% -52.4% 105.4% 45.94%

Total Return Ranking - Trailing

Period FCNKX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.0% 0.0% 26.7% 73.97%
1 Yr 3.6% -63.9% 26.9% 40.82%
3 Yr 16.1%* -38.0% 27.3% 18.73%
5 Yr 11.3%* -30.7% 30.0% 24.06%
10 Yr 14.9%* -12.3% 19.0% 20.34%

* Annualized


Total Return Ranking - Calendar

Period FCNKX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.3% -65.5% 16.5% 18.64%
2017 32.4% -24.8% 48.9% 12.68%
2016 3.4% -56.6% 26.8% 44.92%
2015 1.0% -38.0% 17.3% 54.82%
2014 10.2% -52.4% 120.7% 43.20%

NAV & Total Return History

FCNKX - Holdings

Concentration Analysis

FCNKX Category Low Category High FCNKX % Rank
Net Assets 123 B 898 K 195 B 1.31%
Number of Holdings 326 6 2046 6.81%
Net Assets in Top 10 48.9 B 519 K 54.6 B 1.31%
Weighting of Top 10 41.01% 12.8% 2580.2% 36.86%

Top 10 Holdings

  1. Amazon.com Inc 6.78%

  2. Facebook Inc A 6.28%

  3. Berkshire Hathaway Inc A 5.09%

  4. Microsoft Corp 4.35%

  5. Salesforce.com Inc 3.53%

  6. Visa Inc Class A 3.43%

  7. UnitedHealth Group Inc 3.28%

  8. Alphabet Inc A 2.92%

  9. Netflix Inc 2.73%

  10. Alphabet Inc Class C 2.64%


Asset Allocation

Weighting Return Low Return High FCNKX % Rank
Stocks
96.17% 17.54% 113.56% 77.29%
Cash
2.37% -2546.61% 57.26% 35.63%
Preferred Stocks
1.26% 0.00% 14.01% 3.93%
Other
0.20% -13.96% 43.00% 14.59%
Convertible Bonds
0.00% 0.00% 2.57% 57.12%
Bonds
0.00% -0.01% 2544.23% 57.29%

Stock Sector Breakdown

Weighting Return Low Return High FCNKX % Rank
Technology
33.97% 0.00% 62.60% 29.96%
Financial Services
20.92% 0.00% 39.70% 5.33%
Consumer Cyclical
15.01% 0.00% 35.86% 56.68%
Healthcare
13.92% 0.00% 96.81% 60.44%
Consumer Defense
3.60% 0.00% 16.35% 66.38%
Industrials
3.44% 0.00% 25.15% 93.62%
Energy
2.18% 0.00% 14.90% 35.55%
Basic Materials
1.42% 0.00% 12.25% 60.87%
Communication Services
0.83% 0.00% 14.60% 68.65%
Utilities
0.40% 0.00% 15.76% 30.66%
Real Estate
0.24% 0.00% 9.48% 59.56%

Stock Geographic Breakdown

Weighting Return Low Return High FCNKX % Rank
US
90.49% 6.81% 113.56% 63.06%
Non US
5.68% 0.00% 91.58% 43.58%

FCNKX - Expenses

Operational Fees

FCNKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% 0.00% 15.15% 80.35%
Management Fee 0.68% 0.00% 1.44% 61.92%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

FCNKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FCNKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 5.00% 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.

FCNKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.00% 0.00% 650.00% 32.49%

FCNKX - Distributions

Dividend Yield Analysis

FCNKX Category Low Category High FCNKX % Rank
Dividend Yield 0.00% 0.00% 0.12% 73.89%

Dividend Distribution Analysis

FCNKX Category Low Category High Category Mode
Dividend Distribution Frequency None Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

FCNKX Category Low Category High FCNKX % Rank
Net Income Ratio 0.10% -14.30% 2.62% 45.33%

Capital Gain Distribution Analysis

FCNKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Annually Annually

FCNKX - Managers

William Danoff

Manager

Start Date

Tenure

Tenure Rank

Sep 17, 1990

28.64

28.6%

Mr. Danoff has worked as a research analyst and portfolio manager since joining Fidelity Investments in 1986. Prior to joining the firm, he was a research analyst for Furman Selz in New York City, covering advertising stocks and special situations.


Tenure Analysis

Category Low

0.0

Category High

51.36

Category Average

8.53

Category Mode

0.0