Fidelity Value Discovery Fund
Fund
FVDKX
Price as of:
$38.92
+ $0.28
+ 0.72%
Primary Theme
fund company
Name
As of 11/22/2024Price
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
15.3%
1 yr return
20.1%
3 Yr Avg Return
6.2%
5 Yr Avg Return
10.3%
Net Assets
$2.97 B
Holdings in Top 10
29.5%
52 WEEK LOW AND HIGH
$38.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.54%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 36.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/22/2024Price
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
FVDKX - Profile
Distributions
- YTD Total Return 15.3%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 10.3%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 1.30%
- Dividend Yield 2.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity Value Discovery Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateMay 15, 2008
-
Shares OutstandingN/A
-
Share ClassK
-
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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FVDKX - Performance
Return Ranking - Trailing
| Period | FVDKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.3% | -10.4% | 43.4% | 86.64% |
| 1 Yr | 20.1% | -0.9% | 58.6% | 93.60% |
| 3 Yr | 6.2%* | -3.2% | 31.4% | 83.15% |
| 5 Yr | 10.3%* | 0.0% | 45.6% | 65.50% |
| 10 Yr | 8.4%* | 1.5% | 25.0% | 69.00% |
* Annualized
Return Ranking - Calendar
| Period | FVDKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -0.1% | -16.9% | 46.1% | 85.90% |
| 2022 | -8.2% | -64.7% | 4.6% | 22.71% |
| 2021 | 19.1% | -44.2% | 57.5% | 38.02% |
| 2020 | 6.2% | -23.2% | 285.0% | 10.45% |
| 2019 | 20.3% | -21.4% | 48.5% | 40.00% |
Total Return Ranking - Trailing
| Period | FVDKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.3% | -10.4% | 43.4% | 86.64% |
| 1 Yr | 20.1% | -0.9% | 58.6% | 93.60% |
| 3 Yr | 6.2%* | -3.2% | 31.4% | 83.15% |
| 5 Yr | 10.3%* | 0.0% | 45.6% | 65.50% |
| 10 Yr | 8.4%* | 1.5% | 25.0% | 69.00% |
* Annualized
Total Return Ranking - Calendar
| Period | FVDKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.4% | -15.9% | 46.7% | 87.00% |
| 2022 | -3.7% | -42.0% | 8.5% | 31.87% |
| 2021 | 25.0% | 3.6% | 129.7% | 62.46% |
| 2020 | 7.9% | -22.6% | 304.8% | 17.36% |
| 2019 | 24.2% | -12.7% | 52.1% | 67.11% |
NAV & Total Return History
FVDKX - Holdings
Concentration Analysis
| FVDKX | Category Low | Category High | FVDKX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.97 B | 126 K | 163 B | 30.70% |
| Number of Holdings | 93 | 2 | 1727 | 39.15% |
| Net Assets in Top 10 | 923 M | 433 K | 37.8 B | 28.95% |
| Weighting of Top 10 | 29.51% | 4.4% | 99.1% | 41.80% |
Top 10 Holdings
- EXXON MOBIL CORP 4.28%
- JPMORGAN CHASE and CO 3.92%
- CHUBB LTD 3.01%
- UNITEDHEALTH GROUP INC 2.92%
- COMCAST CORP CL A 2.75%
- BANK OF AMERICA CORPORATION 2.73%
- CIGNA GROUP (THE) 2.64%
- TRAVELERS COMPANIES INC 2.52%
- BERKSHIRE HATHAWAY INC CL B 2.49%
- PG and E CORP 2.23%
Asset Allocation
| Weighting | Return Low | Return High | FVDKX % Rank | |
|---|---|---|---|---|
| Stocks | 97.34% | 7.19% | 103.40% | 67.92% |
| Cash | 1.50% | 0.00% | 36.15% | 46.05% |
| Preferred Stocks | 1.16% | 0.00% | 15.27% | 4.69% |
| Other | 0.00% | -2.59% | 36.68% | 33.00% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 7.29% |
| Bonds | 0.00% | 0.00% | 78.06% | 11.76% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FVDKX % Rank | |
|---|---|---|---|---|
| Financial Services | 20.12% | 0.00% | 58.05% | 40.17% |
| Healthcare | 20.09% | 0.00% | 30.08% | 19.29% |
| Utilities | 11.25% | 0.00% | 27.04% | 4.64% |
| Consumer Defense | 10.43% | 0.00% | 34.10% | 26.72% |
| Industrials | 9.40% | 0.00% | 42.76% | 72.45% |
| Technology | 9.16% | 0.00% | 54.02% | 64.84% |
| Communication Services | 8.81% | 0.00% | 26.58% | 10.76% |
| Energy | 4.74% | 0.00% | 54.00% | 82.10% |
| Basic Materials | 3.21% | 0.00% | 21.69% | 54.82% |
| Consumer Cyclical | 2.08% | 0.00% | 22.74% | 94.34% |
| Real Estate | 0.71% | 0.00% | 90.54% | 77.83% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FVDKX % Rank | |
|---|---|---|---|---|
| US | 89.75% | 7.19% | 103.40% | 90.17% |
| Non US | 7.60% | 0.00% | 24.08% | 6.89% |
FVDKX - Expenses
Operational Fees
| FVDKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.54% | 0.03% | 14.82% | 85.15% |
| Management Fee | 0.52% | 0.00% | 1.50% | 39.08% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| FVDKX 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
| FVDKX 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.
| FVDKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 36.00% | 0.00% | 488.00% | 48.28% |
FVDKX - Distributions
Dividend Yield Analysis
| FVDKX | Category Low | Category High | FVDKX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.14% | 0.00% | 16.67% | 23.64% |
Dividend Distribution Analysis
| FVDKX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| FVDKX | Category Low | Category High | FVDKX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.30% | -1.51% | 4.28% | 52.59% |
Capital Gain Distribution Analysis
| FVDKX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 13, 2024 | $0.413 | OrdinaryDividend |
| Sep 13, 2024 | $1.088 | CapitalGainLongTerm |
| Dec 08, 2023 | $0.285 | OrdinaryDividend |
| Dec 08, 2023 | $0.264 | CapitalGainLongTerm |
| Sep 08, 2023 | $0.318 | OrdinaryDividend |
| Sep 08, 2023 | $0.993 | CapitalGainLongTerm |
| Dec 09, 2022 | $0.188 | OrdinaryDividend |
| Sep 09, 2022 | $1.499 | OrdinaryDividend |
| Dec 10, 2021 | $1.157 | OrdinaryDividend |
| Sep 03, 2021 | $0.702 | OrdinaryDividend |
| Dec 11, 2020 | $0.174 | OrdinaryDividend |
| Sep 04, 2020 | $0.270 | OrdinaryDividend |
| Dec 13, 2019 | $0.290 | OrdinaryDividend |
| Dec 13, 2019 | $0.043 | CapitalGainShortTerm |
| Dec 13, 2019 | $0.189 | CapitalGainLongTerm |
| Sep 06, 2019 | $0.259 | OrdinaryDividend |
| Sep 06, 2019 | $0.027 | CapitalGainShortTerm |
| Sep 06, 2019 | $0.119 | CapitalGainLongTerm |
| Dec 07, 2018 | $0.284 | OrdinaryDividend |
| Dec 07, 2018 | $0.437 | CapitalGainLongTerm |
| Sep 07, 2018 | $0.324 | OrdinaryDividend |
| Sep 07, 2018 | $0.156 | CapitalGainLongTerm |
| Dec 08, 2017 | $0.190 | OrdinaryDividend |
| Sep 08, 2017 | $0.139 | OrdinaryDividend |
| Sep 08, 2017 | $0.130 | CapitalGainShortTerm |
| Sep 08, 2017 | $0.112 | CapitalGainLongTerm |
| Dec 09, 2016 | $0.165 | OrdinaryDividend |
| Sep 09, 2016 | $0.155 | OrdinaryDividend |
| Sep 14, 2015 | $0.316 | OrdinaryDividend |
| Sep 14, 2015 | $0.306 | CapitalGainLongTerm |
| Dec 15, 2014 | $0.164 | OrdinaryDividend |
| Sep 15, 2014 | $0.178 | OrdinaryDividend |
| Sep 15, 2014 | $0.018 | CapitalGainShortTerm |
| Dec 16, 2013 | $0.127 | OrdinaryDividend |
| Sep 16, 2013 | $0.166 | OrdinaryDividend |
| Dec 17, 2012 | $0.148 | OrdinaryDividend |
| Sep 10, 2012 | $0.153 | OrdinaryDividend |
| Dec 12, 2011 | $0.101 | OrdinaryDividend |
| Sep 12, 2011 | $0.079 | OrdinaryDividend |
| Dec 13, 2010 | $0.083 | OrdinaryDividend |
| Sep 09, 2010 | $0.134 | OrdinaryDividend |
| Dec 14, 2009 | $0.046 | OrdinaryDividend |
| Sep 14, 2009 | $0.106 | OrdinaryDividend |
| Dec 15, 2008 | $0.103 | OrdinaryDividend |
| Sep 15, 2008 | $0.096 | OrdinaryDividend |
| Sep 15, 2008 | $0.020 | CapitalGainShortTerm |
FVDKX - Fund Manager Analysis
Managers
Sean Gavin
Start Date
Tenure
Tenure Rank
Jan 31, 2012
10.34
10.3%
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 | 8.09 | 6.71 |