Fidelity Value Discovery’s portfolio manager has the temperament, experience, and analytical resources to successfully steer this strategy. That earns the strategy, which includes clone Fidelity Advisor Equity Value, a Morningstar Analyst Rating of Bronze for its cheapest share classes and Neutral for pricier ones.
Fidelity® Value Discovery K6 FDVKX
NAV / 1-Day Return
12.82
/
0.08
%
Total Assets
144.3 Mil
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.
0.450%
Expense Ratio
0.450%
Fee Level
Low
Longest Manager Tenure
4.99
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
0
Status
Open
TTM Yield
1.44%
Turnover
55%
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 FDVKX 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 FDVKX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FDVKX 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 FDVKX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Steady hands at the wheel of this mostly mild-mannered strategy.
