4 / 5 Stars
5 5 4 5 4
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
#13 in Large Value
U.S. News evaluated 330 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 26.60 percent over the past year, 16.64 percent over the past three years, 19.20 percent over the past five years, and 8.90 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||8.2%|
|3 Years (Annualized)||16.6%|
|5 Years (Annualized)||19.2%|
|10 Years (Annualized)||8.9%|
The investment seeks capital appreciation. The fund normally invests primarily in common stocks. It invests in securities of companies that Fidelity Management & Research Company (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. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Fees are Low compared to funds in the same category.
Fidelity® Value Discovery Fund has an expense ratio of 0.73 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.