Fidelity® Value
- FDVLX
- Price as of: Nov 23, 2020
-
$11.14
N/A N/A
- Primary Theme
- U.S. Mid-Cap Value Equity
- Fund Company
- Fidelity Investments
- Share Class
FDVLX - Snapshot
Vitals
- YTD Return 2.8%
- 3 Yr Annualized Return -0.7%
- 5 Yr Annualized Return 3.8%
- Net Assets $5.25 B
- Holdings in Top 10 12.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.58%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 75.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Mid-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Mid-Cap Value
FDVLX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return -0.7%
- 5 Yr Annualized Total Return 3.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.38%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFidelity® Value Fund
-
Fund Family NameFidelity Investments
-
Inception DateDec 01, 1978
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew Friedman
Fund Description
The fund invests primarily in common stocks. It invests in securities of companies that possess valuable fixed assets or that Fidelity Management & Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, earnings, or growth potential (stocks of these companies are often called "value" stocks). The fund focuses investments in medium-sized companies, but also may invest substantially in larger or smaller companies. It invests in domestic and foreign issuers.
FDVLX - Performance
Return Ranking - Trailing
| Period | FDVLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.8% | -50.6% | 593.3% | 9.38% |
| 1 Yr | -6.5% | -30.1% | 7.0% | 24.34% |
| 3 Yr | -0.7%* | -11.2% | 7.6% | 48.03% |
| 5 Yr | 3.8%* | -4.4% | 10.3% | 55.53% |
| 10 Yr | 8.4%* | 2.8% | 10.8% | 41.25% |
* Annualized
Return Ranking - Calendar
| Period | FDVLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 27.2% | -8.1% | 40.9% | 16.26% |
| 2018 | -28.2% | -56.9% | -2.2% | 90.63% |
| 2017 | 10.3% | -62.6% | 24.5% | 28.25% |
| 2016 | 14.6% | -14.6% | 28.1% | 51.92% |
| 2015 | -15.5% | -36.5% | 3.4% | 69.28% |
Total Return Ranking - Trailing
| Period | FDVLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.8% | -52.0% | 593.3% | 9.13% |
| 1 Yr | -6.5% | -31.5% | 7.0% | 20.76% |
| 3 Yr | -0.7%* | -12.1% | 7.6% | 45.32% |
| 5 Yr | 3.8%* | -4.7% | 10.3% | 51.93% |
| 10 Yr | 8.4%* | 2.8% | 10.8% | 39.06% |
* Annualized
Total Return Ranking - Calendar
| Period | FDVLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 27.2% | -8.1% | 40.9% | 16.26% |
| 2018 | -28.2% | -32.7% | -2.2% | 92.91% |
| 2017 | 15.7% | -5.1% | 26.9% | 17.51% |
| 2016 | 16.1% | -2.5% | 29.0% | 57.52% |
| 2015 | -5.5% | -29.2% | 5.0% | 47.65% |
NAV & Total Return History
FDVLX - Holdings
Concentration Analysis
| FDVLX | Category Low | Category High | FDVLX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.25 B | 5.01 M | 23.2 B | 14.66% |
| Number of Holdings | 217 | 3 | 2412 | 10.87% |
| Net Assets in Top 10 | 626 M | 471 K | 7.51 B | 18.44% |
| Weighting of Top 10 | 11.97% | 4.8% | 100.0% | 88.57% |
Top 10 Holdings
- The AES Corp 1.37%
- Sensata Technologies Holding PLC 1.35%
- Vistra Corp 1.34%
- AECOM 1.33%
- Fidelity Revere Str Tr 1.19%
- Caesars Entertainment Inc 1.18%
- Alexion Pharmaceuticals Inc 1.16%
- CubeSmart 1.11%
- Edison International 1.09%
- Allison Transmission Holdings Inc 1.05%
Asset Allocation
| Weighting | Return Low | Return High | FDVLX % Rank | |
|---|---|---|---|---|
| Stocks | 99.04% | 0.00% | 100.20% | 35.70% |
| Cash | 0.97% | -0.20% | 22.76% | 62.17% |
| Preferred Stocks | 0.00% | 0.00% | 6.14% | 80.14% |
| Other | 0.00% | 0.00% | 4.67% | 79.43% |
| Convertible Bonds | 0.00% | 0.00% | 2.04% | 79.91% |
| Bonds | 0.00% | 0.00% | 96.66% | 82.03% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FDVLX % Rank | |
|---|---|---|---|---|
| Industrials | 20.45% | 0.00% | 31.31% | 24.35% |
| Consumer Cyclical | 15.03% | 0.00% | 36.07% | 28.84% |
| Financial Services | 13.37% | 0.00% | 52.90% | 87.00% |
| Healthcare | 9.16% | 0.00% | 38.47% | 44.44% |
| Basic Materials | 8.42% | 0.00% | 20.81% | 13.48% |
| Real Estate | 7.75% | 0.00% | 33.60% | 51.30% |
| Utilities | 6.99% | 0.00% | 20.47% | 44.68% |
| Technology | 6.80% | 0.00% | 28.41% | 83.22% |
| Energy | 4.96% | 0.00% | 28.28% | 20.80% |
| Consumer Defense | 4.55% | 0.00% | 23.90% | 71.87% |
| Communication Services | 2.52% | 0.00% | 25.27% | 49.41% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FDVLX % Rank | |
|---|---|---|---|---|
| US | 91.12% | 0.00% | 100.00% | 77.54% |
| Non US | 7.92% | 0.00% | 69.95% | 14.66% |
FDVLX - Expenses
Operational Fees
| FDVLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.58% | 0.01% | 43.95% | 89.98% |
| Management Fee | 0.42% | 0.00% | 1.25% | 10.17% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.47% | N/A |
Sales Fees
| FDVLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| FDVLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| FDVLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 75.00% | 4.00% | 322.00% | 78.28% |
FDVLX - Distributions
Dividend Yield Analysis
| FDVLX | Category Low | Category High | FDVLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 10.30% | 82.03% |
Dividend Distribution Analysis
| FDVLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| FDVLX | Category Low | Category High | FDVLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.38% | -1.16% | 4.83% | 33.49% |
Capital Gain Distribution Analysis
| FDVLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 10, 2018 | $0.121 |
| Dec 11, 2017 | $0.165 |
| Dec 12, 2016 | $0.135 |
| Dec 07, 2015 | $0.115 |
| Dec 29, 2014 | $0.003 |
| Dec 08, 2014 | $0.088 |
| Dec 09, 2013 | $0.086 |
| Dec 28, 2012 | $0.015 |
| Dec 10, 2012 | $0.086 |
| Dec 31, 2009 | $0.001 |
| Dec 07, 2009 | $0.047 |
| Dec 04, 2008 | $0.024 |
| Dec 31, 2002 | $0.001 |
| Dec 09, 2002 | $0.035 |
| Dec 10, 2001 | $0.051 |
| Jan 02, 2001 | $0.001 |
| Dec 11, 2000 | $0.094 |
| Dec 06, 1999 | $0.073 |
| Dec 07, 1998 | $0.055 |
| Dec 13, 1996 | $0.053 |
| Dec 09, 1991 | $0.085 |
| Dec 07, 1990 | $0.117 |
| Jan 06, 1989 | $0.048 |
FDVLX - Fund Manager Analysis
Managers
Matthew Friedman
Start Date
Tenure
Tenure Rank
May 13, 2010
10.48
10.5%
Friedman joined Fidelity Investments in 2000, working as a research analyst and portfolio manager. Prior to joining Fidelity, Friedman was an investment banking analyst for Lehman Brothers in New York. Friedman holds the Chartered Financial Analyst designation.
Laurie Mundt
Start Date
Tenure
Tenure Rank
Jun 07, 2010
10.41
10.4%
Prior to joining Fidelity Investments in 2008 as a research analyst, Ms. Mundt served as a vice president for T. Rowe Price Group, which she joined in 2000.
John Mirshekari
Start Date
Tenure
Tenure Rank
Jun 07, 2010
10.41
10.4%
Mr. Mirshekari has joined Fidelity Investments since 2003 and has worked as a research analyst and portfolio manager. He is also a member of FMR’s Stock Selector Large Cap Group.
Shadman Riaz
Start Date
Tenure
Tenure Rank
Jun 07, 2010
10.41
10.4%
Since joining Fidelity Investments in 2001, Mr. Riaz has worked as a research analyst and portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 34.01 | 7.56 | 9.34 |