Fidelity Value Discovery K6 (FDVKX)
| Fund Assets | 162.32M |
| Expense Ratio | 0.45% |
| Min. Investment | $0.00 |
| Turnover | 29.00% |
| Dividend (ttm) | 1.20 |
| Dividend Yield | 10.27% |
| Dividend Growth | 112.72% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 13.04 |
| YTD Return | -1.18% |
| 1-Year Return | -1.42% |
| 5-Year Return | 61.10% |
| 52-Week Low | 10.97 |
| 52-Week High | 13.14 |
| Beta (5Y) | 0.86 |
| Holdings | 125 |
| Inception Date | May 25, 2017 |
About FDVKX
Fidelity Value Discovery K6 Fund is a large-cap, value-oriented mutual fund designed to seek long-term capital appreciation by investing predominantly in shares of U.S. companies considered undervalued relative to their intrinsic worth. The fund actively targets firms experiencing significant price dislocations, aiming to capture their potential as market valuations revert toward fundamental fair value. The investment approach emphasizes purchasing companies with robust financial health, high returns on invested capital, and durable competitive advantages—often described as economic moats—that protect their market positions. The portfolio is typically diversified across sectors, with notable allocations to financial services, energy, healthcare, and technology. The fund maintains a disciplined focus on risk management, seeking to limit volatility through quality selection and maintaining a beta generally lower than its benchmark, the Russell 3000 Value Index. By prioritizing capital preservation alongside upside opportunity, Fidelity Value Discovery K6 Fund serves investors seeking exposure to established, high-quality businesses with attractive valuations and stable cash flow profiles within the large value equity space.
Performance
FDVKX had a total return of -1.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.51%.
Top 10 Holdings
26.44% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 3.85% |
| Bank of America Corporation | BAC | 3.20% |
| Alphabet Inc. | GOOGL | 3.19% |
| The Cigna Group | CI | 2.66% |
| Wells Fargo & Company | WFC | 2.49% |
| Cisco Systems, Inc. | CSCO | 2.41% |
| The Travelers Companies, Inc. | TRV | 2.21% |
| Chubb Limited | CB | 2.19% |
| Shell plc | SHEL | 2.16% |
| JPMorgan Chase & Co. | JPM | 2.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.308 | Dec 23, 2024 |
| Sep 13, 2024 | $0.896 | Sep 16, 2024 |
| Dec 8, 2023 | $0.148 | Dec 11, 2023 |
| Sep 8, 2023 | $0.418 | Sep 11, 2023 |
| Dec 9, 2022 | $0.051 | Dec 12, 2022 |
| Sep 9, 2022 | $1.259 | Sep 12, 2022 |