Fidelity Advisor Diversified Stock's manager has solid experience and a logical investment process, but they don't stand out in the fiercely competitive large-cap arena. The fund earns a Morningstar Analyst Rating of Neutral.
Fidelity Advisor® Diversified Stock O FDESX
NAV / 1-Day Return
37.92
/
0.24
%
Total Assets
3.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.460%
Expense Ratio
0.460%
Fee Level
Low
Longest Manager Tenure
4.31
years
Category
Large Growth
Investment Style
Large BlendMin. Initial Investment
0
Status
Limited
TTM Yield
0.42%
Turnover
78%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FDESX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FDESX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FDESX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FDESX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This style-flexible fund is competitive but not compelling.
