Fidelity� Value Discovery Fund

 (MUTF:FVDFX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.80%
   
4 week   +2.73%
   
3 month   +3.09%
   
YTD   +2.35%
   
1 year   +17.65%
   
3 years*   +19.53%
   
5 years*   +15.92%
   
*annualized
Best 3 month return+30.49%  
Worst 3 month return-32.88%  

Morningstar statistics

Morningstar category: Large Value
  Return Risk Rating
3 years High Average
5 years Above Average Above Average
10 years High Above Average
Overall High Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets1.11B 
Front load-  
Deferred load-  
Expense ratio0.80%  
Management fee-  
Fund familyFidelity Investments 

Asset allocation

Cash5.75%  
Stocks94.21%  
Bonds0.00%  
Other0.04%  

Purchase information

Initial$2,500  
IRA Initial$500  
AIP Initial$2,500  
AIP Additional$200  
25.18-0.05(-0.20%)
Feb 27, 4:00PM EST Overall Morningstar RatingTM

Description

The investment seeks capital appreciation. 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.
Fund filings (PDF) »
Asset manager:
Sean Gavin (Started: Jan 31, 2012)
Advisor Company:
Fidelity Management & Research Company
Fund family reports on Morningstar »
Fidelity Investments, 483 Bay Street, Boston, MA 02109, USA
1-800-387-8092 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.33 1.13 -1.67 0.09
Beta* 0.96 1.00 1.12 1.14
Mean annual return 1.20 1.48 1.30 0.79
R-squared* 87.74 93.54 96.40 94.88
Standard deviation 8.14 9.66 14.78 17.13
Sharpe ratio 1.76 1.84 1.05 0.47
* Against standard index

Top 10 holdings

Security Net Assets  
Chevron Corp (CVX) 3.18%  
JPMorgan Chase & Co (JPM) 3.12%  
Berkshire Hathaway Inc Class B (BRK.B) 3.09%  
Wells Fargo & Co (WFC) 2.97%  
Johnson & Johnson (JNJ) 2.86%  
Covidien PLC (COV) 2.32%  
United Technologies Corp (UTX) 2.17%  
Teva Pharmaceutical Industries Ltd ADR (TEVA) 2.09%  
Exxon Mobil Corporation (XOM) 2.05%  
Samsung Electronics Co Ltd (SSNLF) 1.96%