Fidelity Series Value Discovery Fund
Fund
FNKLX
Price as of:
$16.38
- $0.06
- 0.36%
Primary Theme
fund company
Name
As of 11/01/2024Price
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
10.7%
1 yr return
17.9%
3 Yr Avg Return
5.3%
5 Yr Avg Return
10.5%
Net Assets
$11.8 B
Holdings in Top 10
29.0%
52 WEEK LOW AND HIGH
$16.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 38.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
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
FNKLX - Profile
Distributions
- YTD Total Return 10.7%
- 3 Yr Annualized Total Return 5.3%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.87%
- Dividend Yield 0.2%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Series Value Discovery Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateDec 11, 2012
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSean Gavin
Fund Description
Normally investing primarily in common stocks. 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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FNKLX - Performance
Return Ranking - Trailing
| Period | FNKLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.7% | -8.9% | 41.4% | 88.51% |
| 1 Yr | 17.9% | 7.0% | 76.4% | 94.25% |
| 3 Yr | 5.3%* | -3.9% | 31.2% | 80.47% |
| 5 Yr | 10.5%* | -0.8% | 45.4% | 45.96% |
| 10 Yr | 8.6%* | 1.4% | 25.1% | 56.90% |
* Annualized
Return Ranking - Calendar
| Period | FNKLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.8% | -16.9% | 46.1% | 84.35% |
| 2022 | -10.9% | -64.7% | 4.6% | 40.34% |
| 2021 | 15.6% | -44.2% | 57.5% | 52.60% |
| 2020 | 5.4% | -23.2% | 285.0% | 12.41% |
| 2019 | 19.5% | -21.4% | 48.5% | 45.94% |
Total Return Ranking - Trailing
| Period | FNKLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.7% | -8.9% | 41.4% | 88.51% |
| 1 Yr | 17.9% | 7.0% | 76.4% | 94.25% |
| 3 Yr | 5.3%* | -3.9% | 31.2% | 80.47% |
| 5 Yr | 10.5%* | -0.8% | 45.4% | 45.96% |
| 10 Yr | 8.6%* | 1.4% | 25.1% | 56.90% |
* Annualized
Total Return Ranking - Calendar
| Period | FNKLX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.1% | -15.9% | 46.7% | 84.07% |
| 2022 | -2.8% | -42.0% | 8.5% | 24.56% |
| 2021 | 25.7% | 3.6% | 129.7% | 52.40% |
| 2020 | 8.9% | -22.6% | 304.8% | 13.40% |
| 2019 | 24.3% | -12.7% | 52.1% | 66.73% |
NAV & Total Return History
FNKLX - Holdings
Concentration Analysis
| FNKLX | Category Low | Category High | FNKLX % Rank | |
|---|---|---|---|---|
| Net Assets | 11.8 B | 1.97 M | 163 B | 10.74% |
| Number of Holdings | 94 | 2 | 1727 | 38.84% |
| Net Assets in Top 10 | 3.53 B | 433 K | 37.8 B | 10.56% |
| Weighting of Top 10 | 28.95% | 4.4% | 99.1% | 44.99% |
Top 10 Holdings
- EXXON MOBIL CORP 4.45%
- JPMORGAN CHASE and CO 3.75%
- CHUBB LTD 2.95%
- UNITEDHEALTH GROUP INC 2.87%
- COMCAST CORP CL A 2.76%
- BANK OF AMERICA CORPORATION 2.70%
- TRAVELERS COMPANIES INC 2.54%
- CIGNA GROUP (THE) 2.52%
- PG and E CORP 2.24%
- WELLS FARGO and CO 2.18%
Asset Allocation
| Weighting | Return Low | Return High | FNKLX % Rank | |
|---|---|---|---|---|
| Stocks | 97.70% | 7.19% | 103.40% | 60.97% |
| Preferred Stocks | 1.15% | 0.00% | 15.27% | 4.87% |
| Cash | 1.15% | 0.00% | 36.15% | 53.90% |
| Other | 0.00% | -2.59% | 36.68% | 77.04% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 73.25% |
| Bonds | 0.00% | 0.00% | 78.06% | 73.83% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FNKLX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.99% | 0.00% | 58.05% | 42.91% |
| Healthcare | 19.97% | 0.00% | 30.08% | 19.46% |
| Utilities | 11.09% | 0.00% | 27.04% | 5.00% |
| Consumer Defense | 10.68% | 0.00% | 34.10% | 24.47% |
| Industrials | 9.31% | 0.00% | 42.76% | 74.79% |
| Technology | 9.07% | 0.00% | 54.02% | 66.36% |
| Communication Services | 8.62% | 0.00% | 26.58% | 11.96% |
| Energy | 5.26% | 0.00% | 54.00% | 79.70% |
| Basic Materials | 3.16% | 0.00% | 21.69% | 55.79% |
| Consumer Cyclical | 2.11% | 0.00% | 22.74% | 93.88% |
| Real Estate | 0.71% | 0.00% | 90.54% | 78.22% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FNKLX % Rank | |
|---|---|---|---|---|
| US | 90.19% | 7.19% | 103.40% | 88.89% |
| Non US | 7.50% | 0.00% | 24.08% | 7.07% |
FNKLX - Expenses
Operational Fees
| FNKLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | N/A | 0.03% | 14.82% | 99.81% |
| Management Fee | 0.00% | 0.00% | 1.50% | 0.55% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| FNKLX 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 | 0.95% | 5.00% | N/A |
Trading Fees
| FNKLX 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.
| FNKLX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 38.00% | 0.00% | 488.00% | 51.45% |
FNKLX - Distributions
Dividend Yield Analysis
| FNKLX | Category Low | Category High | FNKLX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.21% | 0.00% | 16.67% | 28.31% |
Dividend Distribution Analysis
| FNKLX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| FNKLX | Category Low | Category High | FNKLX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.87% | -1.51% | 4.28% | 21.33% |
Capital Gain Distribution Analysis
| FNKLX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 08, 2024 | $0.017 | OrdinaryDividend |
| Mar 08, 2024 | $0.075 | CapitalGainLongTerm |
| Dec 08, 2023 | $0.336 | OrdinaryDividend |
| Dec 08, 2023 | $0.379 | CapitalGainLongTerm |
| Mar 10, 2023 | $0.014 | OrdinaryDividend |
| Mar 10, 2023 | $0.027 | CapitalGainLongTerm |
| Dec 09, 2022 | $0.815 | OrdinaryDividend |
| Mar 04, 2022 | $0.532 | OrdinaryDividend |
| Dec 10, 2021 | $1.393 | OrdinaryDividend |
| Mar 05, 2021 | $0.015 | OrdinaryDividend |
| Dec 11, 2020 | $0.301 | OrdinaryDividend |
| Mar 06, 2020 | $0.131 | CapitalGainLongTerm |
| Dec 13, 2019 | $0.343 | OrdinaryDividend |
| Dec 13, 2019 | $0.134 | CapitalGainShortTerm |
| Dec 13, 2019 | $0.052 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.304 | OrdinaryDividend |
| Dec 14, 2018 | $0.497 | CapitalGainLongTerm |
| Mar 09, 2018 | $0.011 | CapitalGainShortTerm |
| Mar 09, 2018 | $0.009 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.088 | OrdinaryDividend |
| Dec 15, 2017 | $0.148 | CapitalGainShortTerm |
| Dec 15, 2017 | $0.499 | CapitalGainLongTerm |
| Jul 07, 2017 | $0.130 | OrdinaryDividend |
| Apr 07, 2017 | $0.040 | OrdinaryDividend |
| Mar 10, 2017 | $0.052 | CapitalGainShortTerm |
| Mar 10, 2017 | $0.077 | CapitalGainLongTerm |
| Dec 16, 2016 | $0.098 | OrdinaryDividend |
| Dec 16, 2016 | $0.021 | CapitalGainShortTerm |
| Dec 16, 2016 | $0.106 | CapitalGainLongTerm |
| Oct 07, 2016 | $0.062 | OrdinaryDividend |
| Jul 08, 2016 | $0.061 | OrdinaryDividend |
| Apr 08, 2016 | $0.042 | OrdinaryDividend |
| Mar 11, 2016 | $0.119 | CapitalGainLongTerm |
| Dec 18, 2015 | $0.114 | OrdinaryDividend |
| Dec 18, 2015 | $0.057 | CapitalGainShortTerm |
| Dec 18, 2015 | $0.428 | CapitalGainLongTerm |
| Oct 05, 2015 | $0.067 | OrdinaryDividend |
| Jul 02, 2015 | $0.065 | OrdinaryDividend |
| Apr 02, 2015 | $0.073 | OrdinaryDividend |
| Mar 16, 2015 | $0.012 | CapitalGainShortTerm |
| Mar 16, 2015 | $0.175 | CapitalGainLongTerm |
| Dec 22, 2014 | $0.089 | OrdinaryDividend |
| Dec 22, 2014 | $0.125 | CapitalGainShortTerm |
| Dec 22, 2014 | $0.236 | CapitalGainLongTerm |
| Oct 06, 2014 | $0.062 | OrdinaryDividend |
| Jul 07, 2014 | $0.062 | OrdinaryDividend |
| Apr 07, 2014 | $0.068 | OrdinaryDividend |
| Mar 17, 2014 | $0.018 | CapitalGainShortTerm |
| Mar 17, 2014 | $0.017 | CapitalGainLongTerm |
| Dec 23, 2013 | $0.065 | OrdinaryDividend |
| Dec 23, 2013 | $0.251 | CapitalGainShortTerm |
| Oct 07, 2013 | $0.059 | OrdinaryDividend |
| Jul 08, 2013 | $0.061 | OrdinaryDividend |
| Apr 08, 2013 | $0.054 | OrdinaryDividend |
| Mar 11, 2013 | $0.025 | CapitalGainShortTerm |
| Dec 26, 2012 | $0.018 | OrdinaryDividend |
FNKLX - Fund Manager Analysis
Managers
Sean Gavin
Start Date
Tenure
Tenure Rank
Apr 07, 2017
5.15
5.2%
Since joining Fidelity Investments in 2006, Mr. Gavin has worked as a research analyst and portfolio manager. Prior to that, Gavin was a vice president of Pioneer Investment Management, Inc. Prior to joining Pioneer. He was employed as an analyst at Boston Partners from 2000 to 2002 and at Delphi Management from 1998 to 2000.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.08 | 6.71 |