NYLI PineStone U.S. Equity Class R6 (FCUDX)
| Fund Assets | 556.55M |
| Expense Ratio | n/a |
| Min. Investment | $5,000,000 |
| Turnover | 8.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 1.50% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 9, 2024 |
| Previous Close | 20.03 |
| YTD Return | 5.83% |
| 1-Year Return | 12.03% |
| 5-Year Return | n/a |
| 52-Week Low | 17.10 |
| 52-Week High | 20.25 |
| Beta (5Y) | n/a |
| Holdings | 28 |
| Inception Date | Aug 28, 2023 |
About FCUDX
Fidelity Contrafund is an actively managed mutual fund focused on achieving long-term capital appreciation. The fund primarily invests in large-cap U.S. equities, targeting companies that exhibit strong growth potential and are, in the fund manager’s view, undervalued or underappreciated by the broader market. Notably, the fund emphasizes firms with "best of breed" characteristics: strong competitive positions, high returns on capital, consistent free cash flow, and effective management teams. Holdings often include leading technology and communication services companies, reflecting a significant allocation to those sectors. Fidelity Contrafund employs a rigorous bottom-up, fundamental research approach to uncover investment opportunities poised for durable, above-average earnings growth. Managed by a seasoned team with a legacy of long-term outperformance, the fund serves as a core equity holding for investors seeking diversified exposure to U.S. large-cap growth stocks and is recognized for its significant scale and influence within the mutual fund industry.
Performance
FCUDX had a total return of 12.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.43%.
Top 10 Holdings
56.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 9.26% |
| Alphabet Inc. | GOOGL | 8.02% |
| AutoZone, Inc. | AZO | 7.20% |
| Moody's Corporation | MCO | 6.86% |
| Mastercard Incorporated | MA | 5.75% |
| CME Group Inc. | CME | 4.55% |
| The TJX Companies, Inc. | TJX | 4.03% |
| UnitedHealth Group Incorporated | UNH | 3.78% |
| The Sherwin-Williams Company | SHW | 3.72% |
| Oracle Corporation | ORCL | 3.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2024 | $0.30178 | Dec 9, 2024 |
| Dec 5, 2023 | $0.0626 | Dec 5, 2023 |