Fidelity Growth Discovery Fund - Class K (FGDKX)
| Fund Assets | 6.45B |
| Expense Ratio | 0.58% |
| Min. Investment | $0.00 |
| Turnover | 60.00% |
| Dividend (ttm) | 1.16 |
| Dividend Yield | 1.46% |
| Dividend Growth | -42.66% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Aug 8, 2025 |
| Previous Close | 79.04 |
| YTD Return | 12.93% |
| 1-Year Return | 32.18% |
| 5-Year Return | 91.05% |
| 52-Week Low | 61.66 |
| 52-Week High | 79.62 |
| Beta (5Y) | n/a |
| Holdings | 151 |
| Inception Date | May 9, 2008 |
About FGDKX
Fidelity Growth Discovery Fund Class K is a mutual fund focused on capital appreciation by investing primarily in common stocks of companies with above-average growth potential. The fund targets a diversified mix of large-cap and growth-oriented businesses across various sectors, with significant allocations to technology, consumer cyclical, healthcare, and financial services. Its portfolio typically includes market leaders like Amazon, NVIDIA, Microsoft, and Alphabet, reflecting its emphasis on innovation-driven firms and industry disruptors. Designed for retirement and institutional investors, Class K shares feature a competitive expense ratio and do not impose sales charges or 12b-1 distribution fees. The fund applies a fundamental, bottom-up stock selection approach, leveraging the expertise of experienced portfolio managers to identify growth opportunities regardless of current market capitalization. With a large concentration in its top holdings, the fund stands out for its high-conviction positions, making it a prominent choice in the large growth category within mutual fund offerings.
Performance
FGDKX had a total return of 32.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.28%.
Top 10 Holdings
54.16% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 13.47% |
| Microsoft Corporation | MSFT | 7.26% |
| Alphabet Inc. | GOOGL | 6.43% |
| Apple Inc. | AAPL | 5.68% |
| Amazon.com, Inc. | AMZN | 4.62% |
| Meta Platforms, Inc. | META | 4.22% |
| Broadcom Inc. | AVGO | 3.49% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 3.41% |
| Mastercard Incorporated | MA | 3.15% |
| Eli Lilly and Company | LLY | 2.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 8, 2025 | $1.155 | Aug 11, 2025 |
| Dec 26, 2024 | $2.183 | Dec 27, 2024 |
| Aug 9, 2024 | $5.739 | Aug 12, 2024 |
| Dec 21, 2023 | $0.082 | Dec 22, 2023 |
| Aug 11, 2023 | $1.338 | Aug 14, 2023 |
| Dec 22, 2022 | $0.028 | Dec 23, 2022 |