About FVDFX
Fidelity Value Discovery Fund is a mutual fund focused on achieving capital appreciation by primarily investing in common stocks considered undervalued relative to metrics such as assets, sales, earnings, and growth potential. Managed by Fidelity Management & Research Company, the fund employs a value investing approach, seeking securities trading below their intrinsic worth based on comprehensive fundamental analysis—including financial condition, industry position, and prevailing economic factors. The portfolio encompasses both domestic and select foreign companies, with an emphasis on large-cap stocks in sectors like financial services, energy, healthcare, and communication services. Notable holdings as of recent data include Exxon Mobil, JPMorgan Chase, Berkshire Hathaway, The Cigna Group, and Comcast. With over $3 billion in assets, a below-average expense ratio for its category, and a disciplined, risk-aware management team, the fund is recognized for its steadiness and relatively moderate turnover. As a Large Value fund, its role in the financial market is to offer investors exposure to resilient, established companies with potential for growth through valuation recovery, serving as a counterbalance to growth-focused strategies within diversified portfolios.
Fund Family Fidelity
Category Large Value
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FVDFX
Index Russell 3000 Value TR
FVDFX had a total return of 30.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.08%.
