About FAEVX
Fidelity Advisor Equity Value Fund Class Z is a mutual fund focused on generating capital appreciation by investing primarily in common stocks of U.S. companies deemed undervalued relative to their assets, earnings, or growth potential. The fund targets value stocks—firms that appear to be trading below their intrinsic worth based on fundamental analysis. It employs a large- and mid-cap value investment style, allocating its assets across established names in sectors such as energy, financial services, healthcare, communication services, and utilities. Notable holdings include companies like Exxon Mobil, JPMorgan Chase, UnitedHealth Group, and Berkshire Hathaway. Managed by a seasoned investment team, the fund maintains a diversified portfolio, with its top 10 holdings representing nearly a third of its assets. Designed for institutional and sophisticated investors, the Class Z share class features competitive expense ratios and typically requires no minimum investment. The fund plays an important role in the market by providing investors access to a professionally managed, value-oriented equity strategy aimed at long-term growth, while seeking to manage risk through careful stock selection and diversification.
Fund Family Fidelity
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol FAEVX
Share Class Class Z
Index Russell 3000 Value TR
FAEVX had a total return of -7.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.73%.
