Is fidelity strategic dividend?
The Fidelity Strategic Dividend & Income Composite Index is a hypothetical combination of unmanaged indices. The composite index combines the returns from the Russell 1000 ® Value (50%), NAREIT (15%), Merrill Lynch All U.S. Convertible Securities ex. Convertible Preferreds (15%), and Merrill Lynch Preferred Stock DRD-Eligible Securities (20% ...
What does Fidelity Investments do?
Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, Index funds, wealth management, cryptocurrency, securities execution and clearance, and life insurance.
What is fidelity small cap fund?
The Fidelity Small-Cap Index Fund is a newer fund that began trading in 2011. The fund seeks to provide investment results that correspond to the total return of small-cap stocks in the United States. The fund invests at least 80% of its assets in stocks in the Russell 2000 index.
What is fidelity dividend?
Fidelity Strategic Dividend & Income Fund (FSDIX) The Fidelity Strategic Dividend & Income Fund is an actively managed fund that seeks solid dividend-paying companies but adds a dose of bonds to its mix. About 70% of its total assets are in common stocks but it allocates as much as 20% to corporate bonds.
Is Fidelity Low-Priced Stock A Good investment?
Overall, Fidelity Low-Priced Stock ( FLPSX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, this fund looks like a good potential choice for investors right now.
What Is a Low-Priced stock fund?
Low-priced stocks are those that are priced at or below $35 per share at the time of the Fund's investment.
Is Flpsx an ETF?
How ETFdb.com has selected ETF alternatives to FLPSX: The mutual fund FLPSX has been benchmarked by Fidelity Investments against an index, Russell 2000 Index, in its fund prospectus....Small Cap Blend Equities ETFs.SymbolIWNETF NameiShares Russell 2000 Value ETFAssets$11,530,700.00YTD-16.01%Expense Ratio0.24%24 more columns
How good is Fidelity 500 index?
Performance. The fund has returned -0.32 percent over the past year, 16.42 percent over the past three years, 13.37 percent over the past five years and 14.38 percent over the past decade.
What is a Fidelity index fund?
Fidelity® 500 Index Fund is a diversified domestic large-cap equity strategy that seeks to closely track the returns and characteristics of the S&P 500® index. • The S&P 500® is a market-capitalization-weighted index designed to measure the performance of 500 large-cap U.S. companies.
What is Fidelity Growth Company Fund?
Fidelity® Growth Company Fund is a diversified domestic equity strategy that invests across a spectrum of companies, from blue chip to aggressive growth.
Does Fidelity have ETFs?
Fidelity ETFs. Discover Fidelity exchange traded funds (ETFs). Available for online purchase, commission-free, and include active equity, thematic, factor, sector, stock, and bond ETFs.
What fund does Joel Tillinghast manage?
Veteran Fidelity portfolio manager Joel Tillinghast will retire from active management duties at the end of 2023. Tillinghast has been with the company for more than 35 years. In addition to managing the $33.1bn Fidelity Low-Priced Stock fund he oversees $11bn in funds for Canadian investors.
Why is the Fidelity score not based on past performance?
Because the score is based on past performance, it may not reflect the future risk of the category. In addition to risk, you should evaluate a fund's investment objective, strategy, fees and other characteristics before making your investment decision. Learn more.
What is Morningstar data point?
This data point, usually shown as a graph, shows how the value of a hypothetical investment of $10,000 in a fund would have changed over time. It can also be used to compare the fund's historical performance against a benchmark or Morningstar Category average. This measurement does not include fees, although it assumes the reinvestment of all dividend and capital gains distributions. Close tooltip
What is Morningstar risk level?
These risk levels range from 1 for those funds with least amount of risk to 10 for those with the greatest amount of risk.
What is the S&P 500?
The S&P 500 ® index gained 14.47% for the six months ending January 31, 2021, a volatile but productive period for U.S. risk assets. The early-2020 outbreak and spread of COVID-19 resulted in stocks suffering one of the quickest declines on record, through March 23, followed by a historic rebound that culminated with the index closing the year at an all-time high before a modest dip in January. The crisis and containment efforts caused broad contraction in economic activity, along with extreme uncertainty and dislocation in financial markets. A rapid and expansive U.S. monetary/fiscal-policy response partially offset the economic disruption and fueled the market surge, as did the potential for a COVID-19 vaccine breakthrough. The rally slowed in early September, when the S&P 500 began a two-month retreat amid Congress's inability to reach a deal on additional fiscal stimulus, as well as concerns about election uncertainty and a new wave of COVID-19 cases. A shift in momentum began in October and accelerated following the U.S. elections, with the approval of two breakthrough COVID-19 vaccines and prospects for additional government stimulus fueling the "reflation trade." Small-cap value stocks rallied strongly late in 2020, usurping longstanding market leadership from growth shares – especially large tech and internet-related names – amid hopes of a broad economic recovery in 2021. By sector for the six months, financials (+22%) and industrials (+19%) led all gainers, whereas real estate (+3%) and utilities (+4%) notably lagged.
What does a green check mark on a check mean?
A green check mark indicates the feature is available and a red X indicates that it is not available. Please note that if you start regular, electronic investing with Automatic Account Builder, you can start investing in some funds with as little as $100. Close tooltip
What is active share?
Active Share is a measure of the differentiation of the holdings of a portfolio from the holdings of its appropriate benchmark index. It is calculated as one half of the sum of the absolute values of the differences found between the portfolio weights and the benchmark weights. A portfolio identical to its benchmark would have an active share of 0%, whereas the more the portfolio diverges from its benchmark, the larger the active share (maximum = 100%). Close tooltip
What is cap gains and dividends?
Provides a measure of a fund's returns over time. Cap gains and dividends shown are per share amounts and net assets represent total assets on the last business day of each year. Close tooltip
What is volatility measure?
Volatility measures are based on the variability of historical returns of the portfolio. In the case of annuity funds, this is before the effect of annuity charges. Beta and R 2 compare a portfolio's total return to those of a relevant market, represented by the primary benchmark index (primary benchmark performance data is displayed directly after the fund on these pages). Standard Deviation is calculated independent of an index. Sharpe Ratio is a measure of historical risk-adjusted performance and is calculated using the 3 month risk-free rate. All volatility measures are calculated using a 3 year time period. Close tooltip
What is Morningstar data point?
This data point, usually shown as a graph, shows how the value of a hypothetical investment of $10,000 in a fund would have changed over time. It can also be used to compare the fund's historical performance against a benchmark or Morningstar Category average. This measurement does not include fees, although it assumes the reinvestment of all dividend and capital gains distributions. Close tooltip
How is Morningstar rating calculated?
(Exchange-traded funds and open-end mutual funds are considered a single population for comparative purposes.) It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly excess performance (excluding the effect of sales charges, if any), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each fund category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.#N#Past performance is no guarantee of future results.
About FLPSX
If you're successful, you won't stay small. That's true of mutual funds as well as companies, and Fidelity Low-Priced Stock is a perfect example.
Rankings
U.S. News evaluated 378 Mid-Cap Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Investment Strategy
The Fidelity Low-Priced Stock fund implements an opportunistic approach, rooted in a strict valuation bias that focuses on predominantly small- and mid-cap companies that trade at less than $35 a share at the time of purchase.
Role in Portfolio
Morningstar says, “Like most smaller-cap funds, this one is a supporting player. However, thanks to the portfolio’s breadth, it’s a much steadier performer than most of its rivals.”
Management
Joel Tillinghast has managed the fund since 1989. Other managers run approximately 6 percent of the fund as well.
Performance
The fund has returned 24.52 percent over the past year, 19.60 percent over the past three years, 13.00 percent over the past five years, and 13.07 percent over the past decade.
What does Morningstar rating mean?
What does it mean? A fund's Morningstar Rating is a quantitative assessment of a fund's past performance that accounts for both risk and return, with funds earning between 1 and 5 stars. As always, this rating system is designed to be used as a first step in the fund evaluation process.
Does Morningstar reflect risk?
It does not reflect the risk associated with any individual fund or the relative risk of a fund within a particular Morningstar category. Because the score is based on past performance, it may not reflect the future risk of the category. In addition to risk, you should evaluate a fund's investment objective, strategy, ...
Does Morningstar show past performance?
While past performance is no guarantee of future results, the Morningstar Return shows how the fund has done in the past in comparison to similar funds in its peer group. It does not, however, show the effects of risk.
Will FLPSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
A worthwhile strategy both before and beyond the retirement of its legendary leader
Despite the impending departure and significant loss of Fidelity Low-Priced Stock's outstanding portfolio manager, Joel Tillinghast, this mid-value equity strategy will remain in the capable hands of two new leads with demonstrable success at other, smaller funds. The strategy earns a Morningstar Analyst Rating of Bronze.
What does Morningstar rating mean?
What does it mean? A fund's Morningstar Rating is a quantitative assessment of a fund's past performance that accounts for both risk and return, with funds earning between 1 and 5 stars. As always, this rating system is designed to be used as a first step in the fund evaluation process.
What is Quarter End Average Annual Total Return?
Quarter-end Average annual total return is a rate of return on a quarterly basis that, if achieved annually, would have produced the same cumulative total return if performance had been constant over the entire period. Average annual total returns smooth out variation in performance; they are not the same as actual year-by-year results. Close tooltip
Why is the Fidelity score not based on past performance?
Because the score is based on past performance, it may not reflect the future risk of the category. In addition to risk, you should evaluate a fund's investment objective, strategy, fees and other characteristics before making your investment decision. Learn more.
What is return before taxes?
Return before taxes is a measure of a fund's performance over a given time frame before accounting for the effect of taxes. Dividends generated by, and distributions made on, an investment, as well as gain or losses recognized upon sale of an investment, may be taxable.
Does Morningstar show past performance?
While past performance is no guarantee of future results, the Morningstar Return shows how the fund has done in the past in comparison to similar funds in its peer group. It does not, however, show the effects of risk.
Does Morningstar reflect risk?
It does not reflect the risk associated with any individual fund or the relative risk of a fund within a particular Morningstar category. Because the score is based on past performance, it may not reflect the future risk of the category.
Can excessive expenses affect returns?
Excessive expenses can detract from overall returns and can be a drain on performance. While you should not base any investment decision entirely on expenses or expense ratios, a fund's expense structure may be one factor to consider. Risk of this Category. Risk of this Category.
