Fidelity® Value Discovery K
- FVDKX
- Price as of: Jan 22, 2021
-
$33.43
N/A N/A
- Primary Theme
- U.S. Large-Cap Value Equity
- Fund Company
- Fidelity Investments
- Share Class
FVDKX - Snapshot
Vitals
- YTD Return 3.5%
- 3 Yr Annualized Return 6.7%
- 5 Yr Annualized Return 9.5%
- Net Assets $2.58 B
- Holdings in Top 10 24.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.56%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 70.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Value
FVDKX - Profile
Distributions
- YTD Total Return 3.5%
- 3 Yr Annualized Total Return 6.7%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 2.17%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFidelity® Value Discovery Fund
-
Fund Family NameFidelity Investments
-
Inception DateMay 09, 2008
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSean Gavin
Fund Description
The fund normally invests primarily in common stocks. It invests in securities of companies that Fidelity Management & Research Company (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. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
FVDKX - Performance
Return Ranking - Trailing
Period | FVDKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.5% | -13.6% | 9.7% | 33.36% |
1 Yr | 7.9% | -22.6% | 49.5% | 12.92% |
3 Yr | 6.7%* | -4.7% | 15.3% | 32.59% |
5 Yr | 9.5%* | -0.5% | 17.1% | 43.58% |
10 Yr | 10.6%* | -0.5% | 13.2% | 25.29% |
* Annualized
Return Ranking - Calendar
Period | FVDKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 6.2% | -26.7% | 285.0% | 9.68% |
2019 | 20.3% | -32.1% | 76.3% | 39.29% |
2018 | -13.1% | -62.4% | 16.7% | 29.39% |
2017 | 12.0% | -72.0% | 37.9% | 30.27% |
2016 | 12.0% | -61.4% | 31.0% | 33.67% |
Total Return Ranking - Trailing
Period | FVDKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.5% | -13.6% | 9.7% | 33.36% |
1 Yr | 7.9% | -22.6% | 49.5% | 11.47% |
3 Yr | 6.7%* | -5.5% | 15.3% | 29.46% |
5 Yr | 9.5%* | -0.9% | 17.1% | 40.72% |
10 Yr | 10.6%* | -0.7% | 13.2% | 23.52% |
* Annualized
Total Return Ranking - Calendar
Period | FVDKX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 6.2% | -26.7% | 285.0% | 9.68% |
2019 | 20.3% | -32.1% | 76.3% | 39.29% |
2018 | -11.6% | -37.1% | 18.2% | 53.16% |
2017 | 14.3% | -9.5% | 37.9% | 52.39% |
2016 | 13.4% | -27.9% | 32.2% | 51.93% |
NAV & Total Return History
FVDKX - Holdings
Concentration Analysis
FVDKX | Category Low | Category High | FVDKX % Rank | |
---|---|---|---|---|
Net Assets | 2.58 B | 377 K | 96.9 B | 21.67% |
Number of Holdings | 112 | 1 | 1634 | 28.00% |
Net Assets in Top 10 | 594 M | 68.9 K | 23.3 B | 27.76% |
Weighting of Top 10 | 24.27% | 5.6% | 100.0% | 64.08% |
Top 10 Holdings
- Berkshire Hathaway Inc Class B 4.39%
- Comcast Corp Class A 3.46%
- Comcast Corp Class A 3.46%
- Comcast Corp Class A 3.46%
- Comcast Corp Class A 3.46%
- Comcast Corp Class A 3.46%
- Comcast Corp Class A 3.46%
- Comcast Corp Class A 3.46%
- Comcast Corp Class A 3.46%
- Comcast Corp Class A 3.46%
Asset Allocation
Weighting | Return Low | Return High | FVDKX % Rank | |
---|---|---|---|---|
Stocks | 98.61% | 51.79% | 145.54% | 48.24% |
Cash | 1.39% | -45.53% | 32.51% | 44.65% |
Preferred Stocks | 0.00% | 0.00% | 18.13% | 25.80% |
Other | 0.00% | -1.32% | 26.80% | 22.20% |
Convertible Bonds | 0.00% | 0.00% | 7.55% | 21.55% |
Bonds | 0.00% | 0.00% | 39.80% | 24.65% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FVDKX % Rank | |
---|---|---|---|---|
Financial Services | 18.11% | 0.00% | 56.14% | 64.07% |
Healthcare | 16.85% | 0.00% | 30.11% | 25.59% |
Communication Services | 11.87% | 0.00% | 22.26% | 7.88% |
Utilities | 10.93% | 0.00% | 40.33% | 4.10% |
Industrials | 10.78% | 0.00% | 46.99% | 67.10% |
Technology | 9.13% | 0.00% | 54.02% | 80.23% |
Consumer Defense | 8.01% | 0.00% | 30.04% | 54.14% |
Consumer Cyclical | 6.12% | 0.00% | 29.03% | 63.41% |
Basic Materials | 3.78% | 0.00% | 23.75% | 46.27% |
Real Estate | 2.49% | 0.00% | 87.91% | 53.98% |
Energy | 1.92% | 0.00% | 27.96% | 89.09% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FVDKX % Rank | |
---|---|---|---|---|
US | 86.61% | 26.40% | 144.10% | 81.31% |
Non US | 12.00% | -0.05% | 38.52% | 12.57% |
FVDKX - Expenses
Operational Fees
FVDKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.56% | 0.01% | 15.68% | 84.26% |
Management Fee | 0.47% | 0.00% | 1.50% | 30.35% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 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 | 1.00% | 5.50% | 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 | 70.00% | 0.00% | 481.00% | 72.65% |
FVDKX - Distributions
Dividend Yield Analysis
FVDKX | Category Low | Category High | FVDKX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.59% | 25.65% |
Dividend Distribution Analysis
FVDKX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
FVDKX | Category Low | Category High | FVDKX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.17% | -3.83% | 5.26% | 28.71% |
Capital Gain Distribution Analysis
FVDKX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 11, 2017 | $0.190 |
Dec 12, 2016 | $0.165 |
Sep 12, 2016 | $0.155 |
Dec 15, 2014 | $0.164 |
Dec 16, 2013 | $0.127 |
Sep 16, 2013 | $0.166 |
Dec 17, 2012 | $0.148 |
Sep 10, 2012 | $0.153 |
Dec 12, 2011 | $0.101 |
Sep 12, 2011 | $0.079 |
Dec 13, 2010 | $0.083 |
Sep 09, 2010 | $0.134 |
Dec 14, 2009 | $0.046 |
Sep 14, 2009 | $0.106 |
Dec 15, 2008 | $0.103 |
Sep 15, 2008 | $0.096 |
FVDKX - Fund Manager Analysis
Managers
Sean Gavin
Start Date
Tenure
Tenure Rank
Jan 31, 2012
8.92
8.9%
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 |
---|---|---|---|
0.01 | 85.18 | 6.92 | 15.01 |