Fund
FIKNX
Price as of:
$21.69
+ $0.34
+ 1.59%
Primary Theme
fund company
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
14.8%
1 yr return
28.5%
3 Yr Avg Return
5.7%
5 Yr Avg Return
13.6%
Net Assets
$4.78 B
Holdings in Top 10
26.0%
52 WEEK LOW AND HIGH
$21.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 54.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/21/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FIKNX - Profile
Distributions
- YTD Total Return 14.8%
- 3 Yr Annualized Total Return 5.7%
- 5 Yr Annualized Total Return 13.6%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 0.90%
- Dividend Yield 0.5%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Small Cap Value Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateOct 02, 2018
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDerek Janssen
Fund Description
Normally investing primarily in common stocks. Normally investing at least 80% of assets in securities of companies with small market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 2000® Index or the S&P SmallCap 600® Index). Investing in securities of companies that Fidelity Management & Research Company LLC (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). Investing in domestic and foreign issuers. Using 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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FIKNX - Performance
Return Ranking - Trailing
| Period | FIKNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.8% | -9.4% | 28.2% | 62.97% |
| 1 Yr | 28.5% | 4.7% | 43.2% | 61.79% |
| 3 Yr | 5.7%* | -11.9% | 70.9% | 44.93% |
| 5 Yr | 13.6%* | -2.3% | 53.0% | 14.29% |
| 10 Yr | N/A* | -3.0% | 28.1% | 9.34% |
* Annualized
Return Ranking - Calendar
| Period | FIKNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.5% | -6.0% | 33.6% | 51.06% |
| 2022 | -17.8% | -36.7% | 212.9% | 56.76% |
| 2021 | 27.6% | -62.0% | 147.6% | 26.68% |
| 2020 | 10.6% | -24.8% | 31.3% | 9.92% |
| 2019 | 16.5% | -21.7% | 34.0% | 66.13% |
Total Return Ranking - Trailing
| Period | FIKNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 14.8% | -9.4% | 28.2% | 62.97% |
| 1 Yr | 28.5% | 4.7% | 43.2% | 61.79% |
| 3 Yr | 5.7%* | -11.9% | 70.9% | 44.93% |
| 5 Yr | 13.6%* | -2.3% | 53.0% | 14.29% |
| 10 Yr | N/A* | -3.0% | 28.1% | 8.87% |
* Annualized
Total Return Ranking - Calendar
| Period | FIKNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.9% | 1.8% | 35.4% | 28.84% |
| 2022 | -12.7% | -36.7% | 250.0% | 62.08% |
| 2021 | 38.3% | -3.0% | 157.9% | 10.97% |
| 2020 | 11.3% | -13.5% | 33.4% | 8.65% |
| 2019 | 21.0% | -1.5% | 34.3% | 62.93% |
NAV & Total Return History
FIKNX - Holdings
Concentration Analysis
| FIKNX | Category Low | Category High | FIKNX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.78 B | 2.79 M | 54 B | 10.38% |
| Number of Holdings | 104 | 10 | 1599 | 51.89% |
| Net Assets in Top 10 | 1.33 B | 762 K | 3.2 B | 7.55% |
| Weighting of Top 10 | 26.02% | 5.2% | 92.2% | 32.62% |
Top 10 Holdings
- Fidelity Securities Lending Cash Central Fund 6.22%
- EASTERN BANKSHARES INC 2.62%
- INSIGHT ENTERPRISES INC 2.46%
- GRAPHIC PACKAGING HOLDING CO 2.39%
- BROOKFIELD INFRASTRUCTURE - A 2.35%
- BEACON ROOFING SUPPLY INC 2.24%
- OLD REPUBLIC INTL CORP 2.01%
- PRIMERICA INC 1.95%
- US FOODS HOLDING CORP 1.90%
- LUMENTUM HOLDINGS INC 1.88%
Asset Allocation
| Weighting | Return Low | Return High | FIKNX % Rank | |
|---|---|---|---|---|
| Stocks | 98.59% | 7.22% | 105.88% | 52.12% |
| Cash | 7.67% | 0.00% | 39.68% | 12.26% |
| Preferred Stocks | 0.00% | 0.00% | 1.16% | 19.34% |
| Other | 0.00% | -1.83% | 31.19% | 48.58% |
| Convertible Bonds | 0.00% | 0.00% | 2.63% | 16.51% |
| Bonds | 0.00% | 0.00% | 79.66% | 19.34% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FIKNX % Rank | |
|---|---|---|---|---|
| Financial Services | 26.79% | 0.00% | 35.71% | 24.88% |
| Industrials | 14.60% | 0.65% | 48.61% | 72.71% |
| Technology | 11.76% | 0.00% | 34.03% | 25.12% |
| Consumer Cyclical | 9.48% | 0.00% | 51.62% | 69.81% |
| Real Estate | 8.24% | 0.00% | 44.41% | 43.72% |
| Healthcare | 7.10% | 0.00% | 25.76% | 36.47% |
| Energy | 6.49% | 0.00% | 29.42% | 67.15% |
| Consumer Defense | 5.00% | 0.00% | 13.22% | 30.19% |
| Basic Materials | 4.87% | 0.00% | 67.30% | 52.17% |
| Utilities | 3.83% | 0.00% | 13.86% | 28.99% |
| Communication Services | 1.84% | 0.00% | 24.90% | 62.32% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FIKNX % Rank | |
|---|---|---|---|---|
| US | 95.12% | 7.22% | 105.88% | 80.42% |
| Non US | 3.47% | 0.00% | 76.17% | 6.37% |
FIKNX - Expenses
Operational Fees
| FIKNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.89% | 0.05% | 37.04% | 78.54% |
| Management Fee | 0.88% | 0.00% | 1.50% | 77.54% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.35% | N/A |
Sales Fees
| FIKNX 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
| FIKNX 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.
| FIKNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 54.00% | 7.00% | 252.00% | 55.26% |
FIKNX - Distributions
Dividend Yield Analysis
| FIKNX | Category Low | Category High | FIKNX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.50% | 0.00% | 14.14% | 19.81% |
Dividend Distribution Analysis
| FIKNX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| FIKNX | Category Low | Category High | FIKNX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.90% | -1.43% | 4.13% | 20.77% |
Capital Gain Distribution Analysis
| FIKNX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Monthly | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 13, 2024 | $0.053 | OrdinaryDividend |
| Sep 13, 2024 | $0.345 | CapitalGainShortTerm |
| Sep 13, 2024 | $0.585 | CapitalGainLongTerm |
| Dec 21, 2023 | $0.119 | OrdinaryDividend |
| Dec 21, 2023 | $0.154 | CapitalGainLongTerm |
| Sep 08, 2023 | $0.032 | OrdinaryDividend |
| Sep 08, 2023 | $0.748 | CapitalGainLongTerm |
| Dec 22, 2022 | $0.020 | CapitalGainLongTerm |
| Sep 09, 2022 | $0.074 | OrdinaryDividend |
| Sep 09, 2022 | $1.031 | CapitalGainLongTerm |
| Dec 28, 2021 | $0.074 | OrdinaryDividend |
| Dec 17, 2021 | $0.689 | OrdinaryDividend |
| Sep 03, 2021 | $0.981 | OrdinaryDividend |
| Dec 18, 2020 | $0.072 | OrdinaryDividend |
| Sep 04, 2020 | $0.027 | OrdinaryDividend |
| Dec 20, 2019 | $0.093 | OrdinaryDividend |
| Dec 20, 2019 | $0.032 | CapitalGainShortTerm |
| Dec 20, 2019 | $0.116 | CapitalGainLongTerm |
| Sep 06, 2019 | $0.055 | OrdinaryDividend |
| Sep 06, 2019 | $0.263 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.092 | OrdinaryDividend |
| Dec 14, 2018 | $1.015 | CapitalGainLongTerm |
FIKNX - Fund Manager Analysis
Managers
Derek Janssen
Start Date
Tenure
Tenure Rank
Feb 02, 2021
1.32
1.3%
Derek Janssen is portfolio manager of the Fidelity® Series Small Cap Discovery Fund, which he has managed since March 2016. He also manages other funds. Since joining Fidelity Investments in 2007, Mr. Janssen has worked as a research analyst and portfolio manager.
Gabriela Kelleher
Start Date
Tenure
Tenure Rank
Apr 30, 2021
1.08
1.1%
Gabriela Kelleher is co-manager of the fund, which she has managed since May 2021. Since joining Fidelity Investments in 2018, Ms. Kelleher has worked as a research analyst and portfolio manager. Prior to joining the firm, Ms. Kelleher served as a vice president and senior analyst at Goldman Sachs from 2011 to 2018.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 37.45 | 8.27 | 3.58 |