About FDETX
Fidelity Advisor Capital Development Fund Class O is a mutual fund that primarily seeks capital growth by investing in a diversified portfolio of common stocks. The fund employs a flexible strategy, targeting both growth and value stocks, and selects investments based on thorough fundamental analysis of each issuer’s financial condition, industry position, and prevailing market and economic conditions. While it maintains a domestic focus, with over 85% of assets allocated to U.S. companies, it also has the capacity to invest in foreign issuers, broadening its geographic diversification. The fund's portfolio is concentrated in sectors such as information technology, energy, industrials, and financial services, with significant holdings in major corporations like Microsoft, Exxon Mobil, GE Aerospace, and Wells Fargo. Belonging to the large blend category, it is designed for investors seeking long-term capital appreciation through exposure to a balanced mix of industry leaders and emerging market opportunities. Managed by Fidelity Management & Research Inc. since its inception in 1985, this fund plays a role in supporting diversified equity portfolios within the financial markets.
Fund Family Fidelity
Category Large Blend
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FDETX
Share Class Class O
Index S&P 500 TR
FDETX had a total return of 21.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.18%.
