FGDKX: Fidelity® Growth Discovery K

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FGDKX Fidelity® Growth Discovery K


Profile

FGDKX - Profile

Vitals

  • YTD Return 18.8%
  • 3 Yr Annualized Return 14.6%
  • 5 Yr Annualized Return 13.1%
  • Net Assets $2.4 B
  • Holdings in Top 10 44.9%

52 WEEK LOW AND HIGH

$47.24
$30.28
$47.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.66%

SALES FEES

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

BROKERAGE FEES

  • Turnover 49.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 18.8%
  • 3 Yr Annualized Total Return 16.7%
  • 5 Yr Annualized Total Return 14.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 0.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    Fidelity® Growth Discovery 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
    Jason Weiner

Fund Description

The fund normally invests primarily in common stocks. It invests in companies that the adviser believes have above-average growth potential (stocks of these companies are often called "growth" stocks). The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.


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Fund Company Quick Screens

Performance

FGDKX - Performance

Return Ranking - Trailing

Period FGDKX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.8% -91.6% 60.9% 17.23%
1 Yr 21.8% -92.0% 56.1% 12.05%
3 Yr 14.6%* -59.0% 34.9% 13.25%
5 Yr 13.1%* -41.4% 19.6% 6.99%
10 Yr 15.5%* -18.4% 18.0% 2.74%

* Annualized

Return Ranking - Calendar

Period FGDKX Return Category Return Low Category Return High Rank in Category (%)
2019 27.9% -67.9% 49.9% 26.72%
2018 -4.5% -65.5% 10.6% 14.65%
2017 28.1% -46.3% 52.2% 9.48%
2016 0.7% -43.3% 15.3% 41.47%
2015 7.0% -82.5% 11.4% 2.31%

Total Return Ranking - Trailing

Period FGDKX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.8% -91.6% 60.9% 17.23%
1 Yr 21.8% -92.0% 56.1% 12.21%
3 Yr 16.7%* -57.9% 34.9% 14.68%
5 Yr 14.4%* -38.8% 24.5% 10.68%
10 Yr 16.4%* -16.7% 21.5% 6.29%

* Annualized

Total Return Ranking - Calendar

Period FGDKX Return Category Return Low Category Return High Rank in Category (%)
2019 27.9% -67.9% 49.9% 26.88%
2018 -4.4% -65.5% 16.5% 34.24%
2017 34.9% -28.2% 52.2% 7.09%
2016 0.8% -43.3% 17.1% 61.69%
2015 7.2% -38.0% 17.3% 13.37%

NAV & Total Return History


Holdings

FGDKX - Holdings

Concentration Analysis

FGDKX Category Low Category High FGDKX % Rank
Net Assets 2.4 B 858 K 206 B 36.17%
Number of Holdings 152 1 2152 15.81%
Net Assets in Top 10 1.02 B 399 K 55.4 B 35.41%
Weighting of Top 10 44.90% 13.8% 100.0% 39.89%

Top 10 Holdings

  1. Microsoft Corp 9.27%
  2. Alphabet Inc A 6.48%
  3. Amazon.com Inc 5.37%
  4. Apple Inc 4.82%
  5. Facebook Inc A 4.77%
  6. Adobe Inc 3.54%
  7. NVIDIA Corp 3.47%
  8. Visa Inc Class A 2.99%
  9. Qualcomm Inc 2.15%
  10. American Tower Corp 2.04%

Asset Allocation

Weighting Return Low Return High FGDKX % Rank
Stocks
100.03% 82.99% 100.27% 1.44%
Other
0.03% -9.83% 5.14% 15.50%
Preferred Stocks
0.00% 0.00% 2.55% 54.56%
Convertible Bonds
0.00% 0.00% 0.20% 50.30%
Bonds
0.00% -0.24% 3.55% 52.89%
Cash
-0.06% -1.02% 17.02% 97.95%

Stock Sector Breakdown

Weighting Return Low Return High FGDKX % Rank
Technology
35.20% 10.36% 54.73% 19.76%
Healthcare
17.12% 0.00% 48.60% 29.26%
Communication Services
14.88% 0.00% 29.93% 23.78%
Consumer Cyclical
12.95% 0.00% 29.26% 65.73%
Financial Services
5.62% 0.00% 41.40% 91.11%
Industrials
5.06% 0.00% 24.88% 68.31%
Consumer Defense
4.31% 0.00% 21.78% 49.62%
Real Estate
2.51% 0.00% 22.16% 37.54%
Basic Materials
1.28% 0.00% 11.07% 53.42%
Energy
1.08% 0.00% 7.42% 19.83%
Utilities
0.00% 0.00% 6.86% 66.72%

Stock Geographic Breakdown

Weighting Return Low Return High FGDKX % Rank
US
86.09% 78.13% 100.26% 87.01%
Non US
13.94% 0.00% 17.42% 4.41%

Expenses

FGDKX - Expenses

Operational Fees

FGDKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% 0.01% 24.73% 85.88%
Management Fee 0.57% 0.00% 1.40% 33.18%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

FGDKX 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

FGDKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

FGDKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 49.00% 0.00% 464.00% 60.03%

Distributions

FGDKX - Distributions

Dividend Yield Analysis

FGDKX Category Low Category High FGDKX % Rank
Dividend Yield 0.00% 0.00% 20.59% 51.14%

Dividend Distribution Analysis

FGDKX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

FGDKX Category Low Category High FGDKX % Rank
Net Income Ratio 0.22% -2.06% 2.43% 37.88%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FGDKX - Fund Manager Analysis

Managers

Jason Weiner


Start Date

Tenure

Tenure Rank

Feb 01, 2007

13.42

13.4%

Jason Weiner is co-manager of the fund, which he has managed since November 2006. He also manages Fidelity funds. Since joining Fidelity Investments in 1991, Mr. Weiner has worked as a research analyst and portfolio manager (other than a 6-month leave of absence in 2018).

Asher Anolic


Start Date

Tenure

Tenure Rank

Jul 01, 2017

3.0

3.0%

Asher Anolic is co-manager of the VIP Growth Portfolio, which he has managed since July 2017. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Anolic has worked as a research analyst and portfolio manager. Prior to joining Fidelity Investments in 2008, Mr. Anolic worked for Bear Stearns as a research analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 52.53 8.32 1.17