About FDMLX
The Fidelity Series Intrinsic Opportunities Fund is a mutual fund focused on achieving capital appreciation by primarily investing in common stocks. Its investment strategy is centered on identifying companies that are perceived to be undervalued relative to their assets, sales, earnings, or growth potential, employing a value-oriented approach aimed at uncovering intrinsic value within the equity market. Classified in the mid-cap value category, the fund typically allocates its assets to firms with medium market capitalization, which often exhibit a blend of value and growth characteristics. The fund’s portfolio encompasses a diversified mix across sectors such as financial services, healthcare, energy, utilities, and technology, with notable holdings in companies like Wells Fargo, UnitedHealth Group, and Seagate Technology. With a low expense ratio and annual turnover, it is designed to serve as an underlying investment for other Fidelity funds and managed accounts, rather than being directly available to individual investors. This fund plays a supporting role within broader asset allocation and retirement strategies, contributing mid-cap value exposure and the potential for long-term capital growth within diversified portfolios.
Fund Family Fidelity
Category Mid-Cap Value
Stock Exchange NASDAQ
Ticker Symbol FDMLX
Index Russell 3000 TR
FDMLX had a total return of 7.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.18%.
