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FDEGX Fidelity® Growth Strategies

  • Fund
  • FDEGX
  • Price as of: Sep 16, 2019
  • $47.73 + $0.04 + 0.08%

FDEGX - Profile

Vitals

  • YTD Return 25.7%
  • 3 Yr Annualized Return 12.2%
  • 5 Yr Annualized Return 9.2%
  • Net Assets $2.94 B
  • Holdings in Top 10 24.3%

52 WEEK LOW AND HIGH

$47.73
$35.83
$49.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.59%

SALES FEES

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

BROKERAGE FEES

  • Turnover 43.00%

TRADING FEES

  • Max Redemption Fee 1.50%

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Growth

Distributions

  • YTD Total Return 25.7%
  • 3 Yr Annualized Total Return 12.6%
  • 5 Yr Annualized Total Return 9.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.59%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Fidelity® Growth Strategies Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 28, 1990
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jean Park

Fund Description

The Fidelity Growth Strategies Fund (FDEGX) is a low-cost, actively managed fund that seeks to aggressively grow investor capital. The fund focuses on mid-cap stocks that managers believe have potential for accelerated earnings or revenue growth. While the emphasis is on mid-cap stocks, the fund can buy large- and small-cap stocks if opportunities arise.

FDEGX offers an interesting subcore position for investors looking to overweight mid-cap growth in their portfolios. The fund is managed by Fidelity.

FDEGX - Performance

Return Ranking - Trailing

Period FDEGX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.7% 2.1% 38.6% 52.26%
1 Yr 6.9% -45.0% 10.1% 2.46%
3 Yr 12.2%* -25.1% 21.8% 11.32%
5 Yr 9.2%* -30.8% 13.9% 7.16%
10 Yr 11.9%* -13.7% 15.3% 5.88%

* Annualized


Return Ranking - Calendar

Period FDEGX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.7% -51.7% 3.1% 14.62%
2017 21.0% -21.1% 34.8% 23.00%
2016 2.1% -61.7% 40.3% 43.21%
2015 3.0% -54.0% 12.2% 2.09%
2014 13.3% -23.5% 15.2% 1.49%

Total Return Ranking - Trailing

Period FDEGX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.7% 2.1% 38.6% 52.26%
1 Yr 6.9% -45.0% 16.0% 16.82%
3 Yr 12.6%* -16.5% 24.6% 37.53%
5 Yr 9.5%* -21.9% 14.8% 29.36%
10 Yr 12.1%* -8.3% 16.1% 33.33%

* Annualized


Total Return Ranking - Calendar

Period FDEGX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.7% -51.7% 12.2% 35.09%
2017 21.5% -7.0% 39.4% 62.42%
2016 2.7% -61.7% 40.3% 62.36%
2015 3.0% -54.0% 12.2% 14.65%
2014 13.7% -23.5% 15.2% 1.99%

NAV & Total Return History

FDEGX - Holdings

Concentration Analysis

FDEGX Category Low Category High FDEGX % Rank
Net Assets 2.94 B 1.54 M 33.4 B 25.42%
Number of Holdings 100 15 2522 27.83%
Net Assets in Top 10 708 M 542 K 5.96 B 24.30%
Weighting of Top 10 24.26% 5.8% 95.0% 41.56%

Top 10 Holdings

  1. Total System Services Inc 3.88%

  2. VeriSign Inc 3.40%

  3. Fiserv Inc 2.83%

  4. ResMed Inc 2.20%

  5. WellCare Health Plans Inc 2.16%

  6. Dollar General Corp 2.07%

  7. AutoZone Inc 2.05%

  8. Xilinx Inc 1.96%

  9. SBA Communications Corp 1.88%

  10. Workday Inc Class A 1.83%


Asset Allocation

Weighting Return Low Return High FDEGX % Rank
Stocks
98.14% 80.50% 127.86% 48.98%
Cash
1.86% -27.86% 19.50% 48.79%
Preferred Stocks
0.00% 0.00% 3.16% 35.99%
Other
0.00% -11.42% 2.60% 38.22%
Convertible Bonds
0.00% 0.00% 0.09% 32.10%
Bonds
0.00% 0.00% 3.08% 33.95%

Stock Sector Breakdown

Weighting Return Low Return High FDEGX % Rank
Technology
32.99% 0.00% 53.07% 24.86%
Industrials
18.13% 0.00% 34.69% 49.35%
Consumer Cyclical
15.58% 2.71% 48.02% 47.68%
Healthcare
14.45% 0.00% 27.70% 54.55%
Financial Services
6.46% 0.00% 40.09% 45.83%
Consumer Defense
5.12% 0.00% 17.49% 33.21%
Real Estate
3.74% 0.00% 48.92% 37.11%
Basic Materials
0.34% 0.00% 17.78% 78.29%
Utilities
0.16% 0.00% 6.52% 21.52%
Energy
0.00% 0.00% 11.00% 80.71%
Communication Services
0.00% 0.00% 10.33% 66.05%

Stock Geographic Breakdown

Weighting Return Low Return High FDEGX % Rank
US
97.43% 80.19% 123.93% 13.73%
Non US
0.71% 0.00% 17.26% 87.94%

FDEGX - Expenses

Operational Fees

FDEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.00% 244.89% 96.99%
Management Fee 0.38% 0.00% 1.50% 1.86%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.72% N/A

Sales Fees

FDEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FDEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.50% 0.05% 2.00% 66.07%

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.

FDEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.00% 1.24% 384.00% 42.75%

FDEGX - Distributions

Dividend Yield Analysis

FDEGX Category Low Category High FDEGX % Rank
Dividend Yield 0.60% 0.00% 1.27% 2.04%

Dividend Distribution Analysis

FDEGX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

FDEGX Category Low Category High FDEGX % Rank
Net Income Ratio 0.59% -2.07% 1.51% 3.38%

Capital Gain Distribution Analysis

FDEGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

FDEGX - Managers

Jean Park

Manager

Start Date

Tenure

Tenure Rank

Aug 16, 2013

6.04

6.0%

Jean Park is portfolio manager and research analyst since joining Fidelity Investments in 2006. Prior to joining Fidelity Investments in 2006 as a research analyst, Ms. Park was an analyst and associate in the high-yield bond group of Goldman Sachs Asset Management.


Tenure Analysis

Category Low

0.08

Category High

32.68

Category Average

8.05

Category Mode

9.01