Fidelity Leveraged Company Stock Fund
Fund
FLVCX
Price as of:
$37.97
- $0.36
- 0.94%
Primary Theme
fund company
Name
As of 04/17/2024Price
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
8.9%
1 yr return
27.1%
3 Yr Avg Return
4.5%
5 Yr Avg Return
13.2%
Net Assets
$2.31 B
Holdings in Top 10
28.6%
52 WEEK LOW AND HIGH
$38.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 15.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
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
FLVCX - Profile
Distributions
- YTD Total Return 8.9%
- 3 Yr Annualized Total Return 4.5%
- 5 Yr Annualized Total Return 13.2%
- Capital Gain Distribution Frequency None
- Net Income Ratio 0.06%
- Dividend Yield 0.5%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Leveraged Company Stock Fund
-
Fund Family NameFidelity Investments
-
Inception DateJan 10, 2001
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMark Notkin
Fund Description
Normally investing at least 80% of assets in stocks.Normally investing primarily in common stocks of leveraged companies (companies that issue lower-quality debt and other companies with leveraged capital structures).Potentially investing in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds).Investing in domestic and foreign issuers.Investing in either "growth" stocks or "value" stocks or both.Using fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.
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FLVCX - Performance
Return Ranking - Trailing
| Period | FLVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.9% | -47.2% | 13.8% | 3.27% |
| 1 Yr | 27.1% | -38.4% | 44.8% | 6.70% |
| 3 Yr | 4.5%* | -15.0% | 26.9% | 80.75% |
| 5 Yr | 13.2%* | -8.9% | 106.7% | 22.41% |
| 10 Yr | 9.3%* | 0.2% | 20.6% | 83.61% |
* Annualized
Return Ranking - Calendar
| Period | FLVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.7% | -42.6% | 47.4% | 78.35% |
| 2022 | -34.5% | -56.3% | -4.2% | 96.63% |
| 2021 | 16.0% | -27.2% | 53.7% | 55.58% |
| 2020 | 26.6% | -36.2% | 2181.7% | 0.68% |
| 2019 | 35.5% | -22.7% | 40.4% | 1.15% |
Total Return Ranking - Trailing
| Period | FLVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.9% | -47.2% | 13.8% | 3.27% |
| 1 Yr | 27.1% | -38.4% | 44.8% | 6.70% |
| 3 Yr | 4.5%* | -15.0% | 26.9% | 80.75% |
| 5 Yr | 13.2%* | -8.9% | 106.7% | 22.41% |
| 10 Yr | 9.3%* | 0.2% | 20.6% | 83.61% |
* Annualized
Total Return Ranking - Calendar
| Period | FLVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 26.1% | -5.0% | 47.4% | 27.88% |
| 2022 | -23.1% | -36.8% | -2.2% | 94.87% |
| 2021 | 26.2% | 3.0% | 124.3% | 55.01% |
| 2020 | 26.7% | -15.8% | 2266.0% | 2.37% |
| 2019 | 35.6% | -0.4% | 241.3% | 2.57% |
NAV & Total Return History
FLVCX - Holdings
Concentration Analysis
| FLVCX | Category Low | Category High | FLVCX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.31 B | 2.34 M | 1.55 T | 41.29% |
| Number of Holdings | 105 | 1 | 4053 | 51.41% |
| Net Assets in Top 10 | 607 M | 885 K | 387 B | 44.43% |
| Weighting of Top 10 | 28.61% | 0.3% | 112.0% | 80.46% |
Top 10 Holdings
- META PLATFORMS INC CL A 4.15%
- MICROSOFT CORP 3.61%
- Fidelity Cash Central Fund 3.58%
- NVIDIA CORP 2.87%
- ARTHUR J GALLAGHAR AND CO 2.68%
- UNITEDHEALTH GROUP INC 2.57%
- JBS SA 2.38%
- PG and E CORP 2.34%
- CHENIERE ENERGY INC 2.30%
- BOYD GAMING CORP 2.13%
Asset Allocation
| Weighting | Return Low | Return High | FLVCX % Rank | |
|---|---|---|---|---|
| Stocks | 97.01% | 0.00% | 124.03% | 81.71% |
| Cash | 4.25% | 0.00% | 99.06% | 11.70% |
| Preferred Stocks | 0.00% | 0.00% | 2.38% | 69.15% |
| Other | 0.00% | -13.91% | 100.00% | 80.06% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 66.93% |
| Bonds | 0.00% | -0.50% | 93.78% | 68.52% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FLVCX % Rank | |
|---|---|---|---|---|
| Technology | 23.81% | 0.00% | 48.94% | 56.47% |
| Consumer Cyclical | 20.84% | 0.00% | 30.33% | 1.44% |
| Healthcare | 13.14% | 0.00% | 60.70% | 77.72% |
| Communication Services | 10.13% | 0.00% | 27.94% | 17.17% |
| Basic Materials | 6.52% | 0.00% | 25.70% | 6.95% |
| Consumer Defense | 6.02% | 0.00% | 47.71% | 73.24% |
| Financial Services | 5.68% | 0.00% | 55.59% | 97.04% |
| Energy | 5.64% | 0.00% | 41.64% | 16.61% |
| Industrials | 5.44% | 0.00% | 29.90% | 96.01% |
| Utilities | 2.79% | 0.00% | 20.91% | 44.81% |
| Real Estate | 0.00% | 0.00% | 31.91% | 97.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FLVCX % Rank | |
|---|---|---|---|---|
| US | 91.90% | 0.00% | 124.03% | 87.36% |
| Non US | 5.11% | 0.00% | 62.81% | 8.79% |
FLVCX - Expenses
Operational Fees
| FLVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.71% | 0.01% | 16.07% | 58.06% |
| Management Fee | 0.70% | 0.00% | 1.89% | 81.94% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| FLVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FLVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | 69.05% |
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.
| FLVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 15.00% | 0.00% | 496.00% | 32.44% |
FLVCX - Distributions
Dividend Yield Analysis
| FLVCX | Category Low | Category High | FLVCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.46% | 0.00% | 25.84% | 3.86% |
Dividend Distribution Analysis
| FLVCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Monthly | Annual |
Net Income Ratio Analysis
| FLVCX | Category Low | Category High | FLVCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.06% | -54.00% | 6.06% | 82.53% |
Capital Gain Distribution Analysis
| FLVCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2023 | $1.205 | OrdinaryDividend |
| Sep 11, 2023 | $3.045 | OrdinaryDividend |
| Dec 19, 2022 | $1.148 | OrdinaryDividend |
| Dec 21, 2020 | $0.010 | OrdinaryDividend |
| Sep 14, 2020 | $0.034 | OrdinaryDividend |
| Dec 23, 2019 | $0.033 | OrdinaryDividend |
| Dec 08, 2014 | $0.181 | OrdinaryDividend |
| Sep 08, 2014 | $0.163 | OrdinaryDividend |
| Dec 09, 2013 | $0.117 | OrdinaryDividend |
| Sep 09, 2013 | $0.155 | OrdinaryDividend |
| Dec 28, 2012 | $0.020 | ExtraDividend |
| Dec 10, 2012 | $0.103 | OrdinaryDividend |
| Dec 12, 2011 | $0.291 | OrdinaryDividend |
| Dec 13, 2010 | $0.071 | OrdinaryDividend |
| Sep 09, 2010 | $0.036 | OrdinaryDividend |
| Dec 14, 2009 | $0.035 | OrdinaryDividend |
| Sep 14, 2009 | $0.079 | OrdinaryDividend |
| Dec 31, 2008 | $0.010 | OrdinaryDividend |
| Dec 15, 2008 | $0.091 | OrdinaryDividend |
| Sep 15, 2008 | $0.037 | OrdinaryDividend |
| Dec 17, 2007 | $0.100 | OrdinaryDividend |
| Sep 10, 2007 | $0.290 | OrdinaryDividend |
| Dec 11, 2006 | $0.050 | OrdinaryDividend |
| Sep 11, 2006 | $0.070 | OrdinaryDividend |
| Dec 30, 2005 | $0.020 | ExtraDividend |
| Dec 12, 2005 | $0.050 | OrdinaryDividend |
| Sep 12, 2005 | $0.140 | OrdinaryDividend |
| Dec 30, 2004 | $0.020 | OrdinaryDividend |
| Sep 07, 2004 | $0.020 | OrdinaryDividend |
| Dec 17, 2001 | $0.110 | OrdinaryDividend |
| Sep 10, 2001 | $0.090 | OrdinaryDividend |
FLVCX - Fund Manager Analysis
Managers
Mark Notkin
Start Date
Tenure
Tenure Rank
Sep 29, 2016
5.67
5.7%
Mr. Notkin is a vice president and co-manager of Fidelity Investments. Since joining Fidelity in 1994, he has worked as a research analyst and portfolio manager.
Brian Chang
Start Date
Tenure
Tenure Rank
Oct 01, 2019
2.67
2.7%
Brian Chang is a portfolio manager in the High Income division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing,and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Chang co-manages multiple High Yield Fidelity Funds, portfolio sleeves and institutional accounts.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.23 | 2.42 |