Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

FDEGX Fidelity® Growth Strategies

  • Fund
  • FDEGX
  • Price as of: Jul 15, 2019
  • $49.06 + $0.05 + 0.10%
  • Category
  • Large Cap Growth Equities

FDEGX - Profile

Vitals

  • YTD Return 29.2%
  • 3 Yr Annualized Return 12.6%
  • 5 Yr Annualized Return 10.6%
  • Net Assets $2.82 B
  • Holdings in Top 10 25.8%

52 WEEK LOW AND HIGH

$49.06
$35.83
$49.06

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

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return 29.2%
  • 3 Yr Annualized Total Return 12.9%
  • 5 Yr Annualized Total Return 10.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.59%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 29.2% -4.9% 41.0% 5.79%
1 Yr 10.5% -63.6% 17.1% 2.46%
3 Yr 12.6%* -39.0% 23.3% 13.46%
5 Yr 10.6%* -31.7% 22.5% 5.28%
10 Yr 14.0%* -12.8% 17.1% 2.33%

* Annualized


Return Ranking - Calendar

Period FDEGX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.7% -65.5% 7.8% 21.16%
2017 21.0% -28.2% 41.0% 32.86%
2016 2.1% -56.6% 18.1% 33.72%
2015 3.0% -38.0% 11.4% 12.69%
2014 13.3% -52.4% 105.4% 4.03%

Total Return Ranking - Trailing

Period FDEGX Return Category Return Low Category Return High Rank in Category (%)
YTD 29.2% 0.0% 41.0% 6.05%
1 Yr 10.5% -63.6% 24.5% 9.12%
3 Yr 12.9%* -39.0% 29.6% 43.40%
5 Yr 10.9%* -31.7% 31.3% 33.57%
10 Yr 14.3%* -12.8% 20.8% 19.25%

* Annualized


Total Return Ranking - Calendar

Period FDEGX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.7% -65.5% 16.5% 49.17%
2017 21.5% -28.2% 48.9% 68.02%
2016 2.7% -56.6% 26.8% 49.69%
2015 3.0% -38.0% 17.3% 39.22%
2014 13.7% -52.4% 120.7% 12.92%

NAV & Total Return History

FDEGX - Holdings

Concentration Analysis

FDEGX Category Low Category High FDEGX % Rank
Net Assets 2.82 B 898 K 195 B 37.81%
Number of Holdings 99 6 2032 29.56%
Net Assets in Top 10 674 M 592 K 54.6 B 44.91%
Weighting of Top 10 25.75% 13.6% 2492.0% 86.58%

Top 10 Holdings

  1. Total System Services Inc 4.22%

  2. VeriSign Inc 3.64%

  3. Roper Technologies Inc 2.77%

  4. Fiserv Inc 2.46%

  5. WellCare Health Plans Inc 2.44%

  6. Dollar General Corp 2.19%

  7. ResMed Inc 2.18%

  8. Workday Inc Class A 2.08%

  9. Edwards Lifesciences Corp 1.89%

  10. ON Semiconductor Corp 1.88%


Asset Allocation

Weighting Return Low Return High FDEGX % Rank
Stocks
98.82% 19.56% 118.91% 35.18%
Cash
1.18% -2458.20% 57.26% 59.39%
Preferred Stocks
0.00% 0.00% 14.01% 40.44%
Other
0.00% -13.96% 43.00% 43.68%
Convertible Bonds
0.00% 0.00% 2.72% 32.72%
Bonds
0.00% -0.01% 2458.15% 35.96%

Stock Sector Breakdown

Weighting Return Low Return High FDEGX % Rank
Technology
35.37% 0.00% 61.29% 27.28%
Industrials
18.75% 0.00% 25.15% 2.02%
Consumer Cyclical
14.25% 0.00% 34.98% 66.32%
Healthcare
14.10% 0.00% 95.23% 47.63%
Financial Services
7.34% 0.00% 39.70% 90.53%
Consumer Defense
5.37% 0.00% 17.04% 43.51%
Real Estate
2.92% 0.00% 10.55% 15.44%
Utilities
0.41% -0.01% 14.39% 31.32%
Basic Materials
0.31% 0.00% 12.25% 77.89%
Energy
0.00% 0.00% 15.19% 79.04%
Communication Services
0.00% 0.00% 15.66% 84.12%

Stock Geographic Breakdown

Weighting Return Low Return High FDEGX % Rank
US
98.04% 6.81% 117.83% 14.65%
Non US
0.78% 0.00% 91.64% 85.26%

FDEGX - Expenses

Operational Fees

FDEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.00% 15.15% 89.74%
Management Fee 0.38% 0.00% 1.44% 12.72%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

FDEGX 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

FDEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.50% 0.05% 5.00% 59.83%

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% 0.00% 650.00% 56.14%

FDEGX - Distributions

Dividend Yield Analysis

FDEGX Category Low Category High FDEGX % Rank
Dividend Yield 0.01% 0.00% 0.12% 16.58%

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% -14.30% 2.62% 19.04%

Capital Gain Distribution Analysis

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

FDEGX - Managers

Jean Park

Manager

Start Date

Tenure

Tenure Rank

Aug 16, 2013

5.87

5.9%

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

0.75

Category High

25.68

Category Average

6.9

Category Mode

1.22