Fidelity Leveraged Company Stock Fund - Class K (FLCKX)
| Fund Assets | 3.43B |
| Expense Ratio | 0.65% |
| Min. Investment | $0.00 |
| Turnover | 50.00% |
| Dividend (ttm) | 5.60 |
| Dividend Yield | 13.15% |
| Dividend Growth | 30.66% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 42.44 |
| YTD Return | 10.52% |
| 1-Year Return | 20.35% |
| 5-Year Return | 139.61% |
| 52-Week Low | 30.25 |
| 52-Week High | 42.74 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | May 9, 2008 |
About FLCKX
Fidelity Leveraged Company Stock Fund - Class K is a mutual fund that seeks capital appreciation by investing predominantly in common stocks of companies with leveraged capital structures. The fund typically allocates at least 80% of its assets to equities, focusing on firms—both domestic and international—that have issued lower-quality debt, often referred to as high-yield or junk bonds. This approach targets companies across both the “growth” and “value” spectrums, without a bias toward a specific sector or market capitalization. The fund is designed to capitalize on opportunities within companies that use financial leverage as part of their capital structure, which may offer enhanced returns but also introduces higher levels of risk. By investing in a mix of both domestic and foreign issuers, the fund aims to diversify its portfolio and access a broad range of market opportunities. This makes it particularly relevant for investors interested in exposure to high-risk, high-potential segments of the equity market. Managed by Fidelity, this fund plays a specialized role in the broader market, catering to those seeking capital growth through investment in leveraged companies.
Performance
FLCKX had a total return of 20.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.79%.
Top 10 Holdings
34.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 5.40% |
| NVIDIA Corporation | NVDA | 4.90% |
| Vistra Corp. | VST | 4.48% |
| Arthur J. Gallagher & Co. | AJG | 3.78% |
| Apollo Global Management, Inc. | APO | 3.74% |
| Microsoft Corporation | MSFT | 2.77% |
| Netflix, Inc. | NFLX | 2.57% |
| Comfort Systems USA, Inc. | FIX | 2.43% |
| Amazon.com, Inc. | AMZN | 2.33% |
| Constellation Energy Corporation | CEG | 2.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $1.140 | Dec 23, 2024 |
| Sep 13, 2024 | $4.456 | Sep 16, 2024 |
| Dec 15, 2023 | $1.218 | Dec 18, 2023 |
| Sep 8, 2023 | $3.065 | Sep 11, 2023 |
| Dec 16, 2022 | $1.159 | Dec 19, 2022 |
| Sep 9, 2022 | $4.646 | Sep 12, 2022 |