Fidelity Small Cap Portfolio (FSLAX)
| Fund Assets | n/a |
| Expense Ratio | 0.04% |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 81.71 |
| YTD Return | 5.74% |
| 1-Year Return | 15.43% |
| 5-Year Return | 41.95% |
| 52-Week Low | 56.13 |
| 52-Week High | 85.25 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About FSLAX
Fidelity Advisor 529 Small Cap Portfolio Class A is a mutual fund portfolio designed primarily for education savings within a 529 college savings plan. Its main objective is to provide capital appreciation by investing in a diversified mix of small-cap equity securities. The portfolio holds both value and growth stocks of smaller U.S. companies, offering investors exposure to the dynamic and varied small-cap sector, which is often associated with higher growth potential and volatility compared to large-cap equities. As part of the Fidelity Advisor 529 suite, this portfolio serves as a dedicated option for investors seeking to leverage the tax advantages of 529 plans while aiming for long-term growth to meet future educational expenses. The fund benchmarks its performance to the Russell 2000 Index, underscoring its focus on the broader small-cap market. This portfolio does not pay dividends, instead reinvesting earnings to maximize growth within the account. Its role in the financial market is to provide targeted access to the small-cap asset class within an education-focused investment vehicle, supporting college savings strategies for individuals and families.
Performance
FSLAX had a total return of 15.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.56%.