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Fidelity Series Stock Selector Large Cap Value Fund
mutual fund
FBLEX
Payout Change
Pending
Price as of:
$13.69
+0.17
+1.26%
primary theme
U.S. Large-Cap Value Equity
share class
FBLEX (Mutual Fund)
Fidelity Series Stock Selector Large Cap Value Fund
Payout Change
Pending
Price as of:
$13.69
+0.17
+1.26%
primary theme
U.S. Large-Cap Value Equity
share class
FBLEX (Mutual Fund)
Fidelity Series Stock Selector Large Cap Value Fund
Payout Change
Pending
Price as of:
$13.69
+0.17
+1.26%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
18.0%
1 yr return
19.0%
3 Yr Avg Return
10.1%
5 Yr Avg Return
11.5%
Net Assets
$12.2 B
Holdings in Top 10
19.6%
52 WEEK LOW AND HIGH
$13.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 81.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FBLEX - Profile
Distributions
- YTD Total Return 18.0%
- 3 Yr Annualized Total Return 10.1%
- 5 Yr Annualized Total Return 11.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.75%
- Dividend Yield 4.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Series Stock Selector Large Cap Value Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateDec 11, 2012
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Mirshekari
Fund Description
Normally investing at least 80% of assets in stocks of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000® Index or the S&P 500® Index). Investing in securities of companies that Fidelity Management & Research Company LLC (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). Investing in domestic and foreign issuers. Allocating the fund's assets across different market sectors (at present, communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities), using different Fidelity managers. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Read More
FBLEX - Performance
Return Ranking - Trailing
| Period | FBLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.0% | -18.8% | 44.3% | 16.03% |
| 1 Yr | 19.0% | -16.0% | 44.3% | 28.21% |
| 3 Yr | 10.1%* | -3.7% | 17.7% | 13.59% |
| 5 Yr | 11.5%* | -1.1% | 43.5% | 14.36% |
| 10 Yr | 9.9%* | 1.1% | 24.6% | 14.08% |
* Annualized
Return Ranking - Calendar
| Period | FBLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 9.7% | -16.9% | 46.1% | 28.80% |
| 2022 | -15.4% | -64.7% | 4.6% | 76.71% |
| 2021 | 10.4% | -44.2% | 57.5% | 73.65% |
| 2020 | 0.2% | -23.2% | 285.0% | 45.28% |
| 2019 | 18.7% | -21.4% | 48.5% | 55.02% |
Total Return Ranking - Trailing
| Period | FBLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.0% | -18.8% | 44.3% | 16.03% |
| 1 Yr | 19.0% | -16.0% | 44.3% | 28.21% |
| 3 Yr | 10.1%* | -3.7% | 17.7% | 13.59% |
| 5 Yr | 11.5%* | -1.1% | 43.5% | 14.36% |
| 10 Yr | 9.9%* | 1.1% | 24.6% | 14.08% |
* Annualized
Total Return Ranking - Calendar
| Period | FBLEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.6% | -15.9% | 46.7% | 19.89% |
| 2022 | -4.7% | -42.0% | 8.5% | 42.30% |
| 2021 | 26.8% | 3.6% | 129.7% | 40.94% |
| 2020 | 4.4% | -22.6% | 304.8% | 35.84% |
| 2019 | 25.6% | -12.7% | 52.1% | 49.64% |
NAV & Total Return History
FBLEX - Holdings
Concentration Analysis
| FBLEX | Category Low | Category High | FBLEX % Rank | |
|---|---|---|---|---|
| Net Assets | 12.2 B | 2.09 M | 163 B | 10.57% |
| Number of Holdings | 142 | 2 | 1727 | 20.58% |
| Net Assets in Top 10 | 2.45 B | 466 K | 39.5 B | 14.78% |
| Weighting of Top 10 | 19.60% | 4.4% | 99.1% | 90.07% |
Top 10 Holdings
- JPMORGAN CHASE and CO 2.78%
- EXXON MOBIL CORP 2.77%
- Fidelity Cash Central Fund 1.92%
- CISCO SYSTEMS INC 1.90%
- UNITEDHEALTH GROUP INC 1.90%
- FEDEX CORP 1.89%
- THERMO FISHER SCIENTIFIC INC 1.62%
- NORFOLK SOUTHERN CORP 1.62%
- LOWES COS INC 1.60%
- BANK OF AMERICA CORPORATION 1.60%
Asset Allocation
| Weighting | Return Low | Return High | FBLEX % Rank | |
|---|---|---|---|---|
| Stocks | 97.99% | 4.16% | 102.49% | 55.29% |
| Cash | 2.01% | 0.00% | 17.28% | 37.79% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 54.72% |
| Other | 0.00% | -2.59% | 39.89% | 61.55% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 51.97% |
| Bonds | 0.00% | 0.00% | 97.99% | 53.70% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FBLEX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.69% | 0.00% | 58.05% | 45.70% |
| Healthcare | 18.14% | 0.00% | 30.08% | 43.72% |
| Industrials | 10.33% | 0.00% | 42.76% | 61.47% |
| Technology | 9.50% | 0.00% | 54.02% | 60.06% |
| Consumer Defense | 8.77% | 0.00% | 34.10% | 43.34% |
| Energy | 7.67% | 0.00% | 54.00% | 52.12% |
| Communication Services | 6.65% | 0.00% | 26.58% | 35.41% |
| Utilities | 5.65% | 0.00% | 27.04% | 34.66% |
| Real Estate | 5.08% | 0.00% | 90.54% | 18.70% |
| Consumer Cyclical | 4.83% | 0.00% | 22.74% | 69.41% |
| Basic Materials | 3.69% | 0.00% | 20.01% | 45.23% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FBLEX % Rank | |
|---|---|---|---|---|
| US | 95.10% | 4.16% | 102.49% | 70.91% |
| Non US | 2.88% | 0.00% | 24.08% | 23.67% |
FBLEX - Expenses
Operational Fees
| FBLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | N/A | 0.03% | 14.82% | 100.00% |
| Management Fee | 0.00% | 0.00% | 1.50% | 0.47% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| FBLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| FBLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FBLEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 81.00% | 0.00% | 488.00% | 83.83% |
FBLEX - Distributions
Dividend Yield Analysis
| FBLEX | Category Low | Category High | FBLEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.26% | 0.00% | 16.67% | 28.84% |
Dividend Distribution Analysis
| FBLEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Semi-Annually | Annual |
Net Income Ratio Analysis
| FBLEX | Category Low | Category High | FBLEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.75% | -1.51% | 4.28% | 27.11% |
Capital Gain Distribution Analysis
| FBLEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2024 | $0.288 | OrdinaryDividend |
| Dec 11, 2024 | $0.230 | CapitalGainShortTerm |
| Dec 11, 2024 | $0.923 | CapitalGainLongTerm |
| Mar 08, 2024 | $0.019 | OrdinaryDividend |
| Mar 08, 2024 | $0.069 | CapitalGainShortTerm |
| Mar 08, 2024 | $0.201 | CapitalGainLongTerm |
| Dec 08, 2023 | $0.268 | OrdinaryDividend |
| Dec 08, 2023 | $0.071 | CapitalGainShortTerm |
| Dec 08, 2023 | $0.275 | CapitalGainLongTerm |
| Mar 10, 2023 | $0.009 | OrdinaryDividend |
| Mar 10, 2023 | $0.037 | CapitalGainLongTerm |
| Dec 09, 2022 | $0.901 | OrdinaryDividend |
| Mar 04, 2022 | $0.605 | OrdinaryDividend |
| Dec 10, 2021 | $2.026 | OrdinaryDividend |
| Mar 05, 2021 | $0.014 | OrdinaryDividend |
| Dec 11, 2020 | $0.274 | OrdinaryDividend |
| Mar 06, 2020 | $0.217 | OrdinaryDividend |
| Dec 13, 2019 | $0.301 | OrdinaryDividend |
| Dec 13, 2019 | $0.330 | CapitalGainLongTerm |
| Mar 08, 2019 | $0.011 | OrdinaryDividend |
| Mar 08, 2019 | $0.077 | CapitalGainLongTerm |
| Dec 14, 2018 | $0.267 | OrdinaryDividend |
| Dec 14, 2018 | $0.725 | CapitalGainLongTerm |
| Mar 09, 2018 | $0.007 | OrdinaryDividend |
| Mar 09, 2018 | $0.177 | CapitalGainLongTerm |
| Dec 15, 2017 | $0.268 | OrdinaryDividend |
| Dec 15, 2017 | $0.173 | CapitalGainShortTerm |
| Dec 15, 2017 | $0.442 | CapitalGainLongTerm |
| Mar 10, 2017 | $0.007 | OrdinaryDividend |
| Mar 10, 2017 | $0.039 | CapitalGainLongTerm |
| Dec 16, 2016 | $0.162 | OrdinaryDividend |
| Mar 11, 2016 | $0.144 | CapitalGainLongTerm |
| Dec 18, 2015 | $0.196 | OrdinaryDividend |
| Dec 18, 2015 | $0.178 | CapitalGainShortTerm |
| Dec 18, 2015 | $0.836 | CapitalGainLongTerm |
| Mar 16, 2015 | $0.021 | OrdinaryDividend |
| Mar 16, 2015 | $0.020 | CapitalGainShortTerm |
| Mar 16, 2015 | $0.254 | CapitalGainLongTerm |
| Dec 22, 2014 | $0.160 | OrdinaryDividend |
| Dec 22, 2014 | $0.236 | CapitalGainShortTerm |
| Dec 22, 2014 | $0.418 | CapitalGainLongTerm |
| Mar 17, 2014 | $0.100 | CapitalGainShortTerm |
| Mar 17, 2014 | $0.034 | CapitalGainLongTerm |
| Dec 23, 2013 | $0.129 | OrdinaryDividend |
| Dec 23, 2013 | $0.588 | CapitalGainShortTerm |
| Dec 23, 2013 | $0.006 | CapitalGainLongTerm |
| Mar 11, 2013 | $0.005 | OrdinaryDividend |
| Mar 11, 2013 | $0.043 | CapitalGainShortTerm |
| Dec 26, 2012 | $0.016 | OrdinaryDividend |
FBLEX - Fund Manager Analysis
Managers
John Mirshekari
Start Date
Tenure
Tenure Rank
Dec 06, 2012
9.49
9.5%
Mr. Mirshekari has joined Fidelity Investments since 2003 and has worked as a research analyst and portfolio manager. He is also a member of FMR’s Stock Selector Large Cap Group.
Matthew Friedman
Start Date
Tenure
Tenure Rank
Dec 06, 2012
9.49
9.5%
Friedman joined Fidelity Investments in 2000, working as a research analyst and portfolio manager. Prior to joining Fidelity, Friedman was an investment banking analyst for Lehman Brothers in New York. Friedman holds the Chartered Financial Analyst designation.
Laurie Mundt
Start Date
Tenure
Tenure Rank
Dec 06, 2012
9.49
9.5%
Prior to joining Fidelity Investments in 2008 as a research analyst, Ms. Mundt served as a vice president for T. Rowe Price Group, which she joined in 2000.
John Sheehy
Start Date
Tenure
Tenure Rank
Jun 30, 2016
5.92
5.9%
Since joining Fidelity Investments in 2007, Mr. Sheehy has worked as an equity research analyst and portfolio manager.
Pierre Sorel
Start Date
Tenure
Tenure Rank
Jun 30, 2018
3.92
3.9%
Pierre Sorel is a sector leader and portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Sorel is responsible for covering the financial sector and is a member of the Stock Selector Large Cap Group. Additionally, he manages the Fidelity Financial Services Central Fund and co-manages Fidelity and Fidelity Advisor Balanced Fund, VIP Balance Portfolio, Fidelity Series All-Sector Equity Fund, FIAM Strategic Advisor Core Research Fund, FIAM U.S. Total Stock Fund, Fidelity Advisor Stock Selector Mid Cap Fund, and Fidelity Advisor Stock Selector All Cap Fund. Mr. Sorel also co-manages the Financials sleeve of the FIAM Global Sector Strategies: FIAM Small/Mid Cap Core, FIAM Large Cap Core, and FIAM Global Core. Prior to assuming his current position with the Stock Selector Large Cap Group in October 2007, Mr. Sorel managed Fidelity Funds Global Financial Services Fund, a financial services sector fund available exclusively to investors outside of the United States. Previously, he worked as an analyst covering the leisure, automobile, and banking industries in Europe at Fidelity International Limited (FIL). Before joining FIL in 1998, Mr. Sorel was a financial services consultant at Oliver Wyman. He has been in the financial industry since 1993. Mr. Sorel earned his bachelor of arts degree in economics and his bachelor of science degree in electrical engineering from Brown University; his master of science degree in computer engineering from Princeton University; and his master of business administration degree from INSEAD. He is also a CFA® charterholder.
Jordan Michaels
Start Date
Tenure
Tenure Rank
Dec 02, 2021
0.49
0.5%
Jordan Michaels is co-manager of Construction and Housing Portfolio, which he has managed since September 2021. Since joining Fidelity Investments in 2008, Mr. Michaels has worked as a research analyst and portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 0.25 |
