Welcome to MutualFunds.com. Please help us personalize your experience.
Your personalized experience is almost ready.
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
The Fidelity Leveraged Company Stock Fund (FLVCX) is a low-cost, actively managed fund that seeks to aggressively grow investor capital. The fund invests in mid- and large-cap domestic and foreign stocks that are highly leveraged. This means they either have a significant amount of debt outstanding or the debt they carry is non-investment grade (or a combination of the two). The fund uses fundamental analysis to select those companies whose debt has caused them to be undervalued.
With its aggressive tilt towards high-debt stocks, FLVCX should only be used as a satellite position in a well-rounded portfolio. The fund is internally managed by Fidelity.
Sign up for Advisor Access to receive email updates about FLVCX competitors, news, CE accredited webcasts and more.
| Period | FLVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.1% | -2.7% | 32.6% | 22.03% |
| 1 Yr | -4.6% | -36.1% | 10.0% | 27.49% |
| 3 Yr | -8.3%* | -14.6% | 13.9% | 95.80% |
| 5 Yr | -8.8%* | -13.2% | 10.0% | 93.56% |
| 10 Yr | 2.7%* | -4.0% | 13.1% | 77.58% |
* Annualized
| Period | FLVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2018 | -28.5% | -44.3% | -1.3% | 90.48% |
| 2017 | 0.5% | -13.5% | 21.0% | 83.39% |
| 2016 | -16.4% | -16.4% | 23.6% | 100.00% |
| 2015 | -12.2% | -30.9% | -0.7% | 61.97% |
| 2014 | 4.8% | -19.0% | 16.3% | 25.89% |
| Period | FLVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.1% | -2.7% | 32.6% | 22.03% |
| 1 Yr | -4.6% | -36.1% | 10.9% | 42.40% |
| 3 Yr | 7.7%* | -9.2% | 14.3% | 34.97% |
| 5 Yr | 3.3%* | -7.8% | 12.1% | 51.93% |
| 10 Yr | 9.7%* | 0.3% | 13.2% | 32.73% |
* Annualized
| Period | FLVCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2018 | -19.7% | -44.3% | 0.1% | 64.29% |
| 2017 | 21.1% | -8.7% | 23.0% | 3.32% |
| 2016 | 7.2% | -4.7% | 26.2% | 87.16% |
| 2015 | -5.8% | -24.2% | 3.9% | 50.43% |
| 2014 | 5.6% | -19.0% | 17.8% | 60.71% |
| FLVCX | Category Low | Category High | FLVCX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.18 B | 728 K | 103 B | 11.43% |
| Number of Holdings | 80 | 24 | 3286 | 62.86% |
| Net Assets in Top 10 | 668 M | 161 K | 7.38 B | 6.29% |
| Weighting of Top 10 | 27.90% | 2.5% | 61.9% | 31.43% |
| Weighting | Return Low | Return High | FLVCX % Rank | |
|---|---|---|---|---|
| Stocks | 97.71% | 84.64% | 100.17% | 55.71% |
| Cash | 2.29% | -4.07% | 15.36% | 42.86% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 89.71% |
| Other | 0.00% | 0.00% | 2.32% | 90.86% |
| Convertible Bonds | 0.00% | 0.00% | 0.34% | 89.71% |
| Bonds | 0.00% | 0.00% | 5.39% | 90.00% |
| Weighting | Return Low | Return High | FLVCX % Rank | |
|---|---|---|---|---|
| Technology | 24.50% | 4.41% | 30.92% | 1.71% |
| Consumer Cyclical | 20.53% | 2.87% | 38.74% | 12.57% |
| Industrials | 13.81% | 4.23% | 45.75% | 63.43% |
| Financial Services | 9.84% | 0.95% | 48.39% | 87.43% |
| Healthcare | 8.79% | 0.00% | 23.78% | 62.86% |
| Communication Services | 5.39% | 0.00% | 23.25% | 5.43% |
| Energy | 4.06% | 0.00% | 14.77% | 42.29% |
| Utilities | 3.91% | -2.90% | 14.77% | 64.00% |
| Consumer Defense | 2.61% | 0.00% | 12.77% | 84.57% |
| Basic Materials | 1.87% | -1.13% | 14.75% | 88.29% |
| Real Estate | 1.28% | -0.26% | 16.23% | 87.43% |
| Weighting | Return Low | Return High | FLVCX % Rank | |
|---|---|---|---|---|
| US | 87.71% | 80.50% | 100.97% | 88.86% |
| Non US | 10.00% | -0.97% | 15.03% | 7.43% |
| FLVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.78% | 0.00% | 27.23% | 75.65% |
| Management Fee | 0.59% | 0.00% | 2.00% | 37.43% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.41% | N/A |
| FLVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
| FLVCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | 1.50% | 0.50% | 2.00% | 71.05% |
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 | 67.00% | 0.00% | 962.00% | 73.85% |
| FLVCX | Category Low | Category High | FLVCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.93% | 95.43% |
| FLVCX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Annually | Annually |
| Date | Amount |
|---|---|
| Dec 08, 2014 | $0.181 |
| Sep 08, 2014 | $0.163 |
| Dec 09, 2013 | $0.117 |
| Sep 09, 2013 | $0.155 |
| Dec 28, 2012 | $0.020 |
| Dec 10, 2012 | $0.103 |
| Dec 12, 2011 | $0.291 |
| Dec 13, 2010 | $0.071 |
| Sep 09, 2010 | $0.036 |
| Dec 14, 2009 | $0.035 |
| Sep 14, 2009 | $0.079 |
| Dec 31, 2008 | $0.010 |
| Dec 15, 2008 | $0.091 |
| Sep 15, 2008 | $0.037 |
| Dec 17, 2007 | $0.100 |
| Sep 10, 2007 | $0.290 |
| Dec 11, 2006 | $0.050 |
| Sep 11, 2006 | $0.070 |
| Dec 30, 2005 | $0.020 |
| Dec 12, 2005 | $0.050 |
| Sep 12, 2005 | $0.140 |
| Dec 30, 2004 | $0.020 |
| Sep 07, 2004 | $0.020 |
| Dec 17, 2001 | $0.110 |
| Sep 10, 2001 | $0.090 |
| FLVCX | Category Low | Category High | FLVCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.07% | -4.66% | 3.73% | 75.36% |
| FLVCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Manager
Start Date
Tenure
Tenure Rank
Sep 29, 2016
2.92
2.9%
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.
Tenure Analysis
Category Low
0.0
Category High
35.69
Category Average
6.03
Category Mode
0.19
MUTUAL FUND EDUCATION
MUTUAL FUND EDUCATION
