Fidelity Value Fund

Frequently Asked Questions About FDVLX

What does FDVLX invest in?

This fund's primary objective is to achieve capital growth over time. It predominantly allocates its assets to common stocks, employing a value investment approach. The strategy involves identifying companies with significant tangible assets or those that Fidelity Management & Research Company LLC (FMR) considers undervalued in the marketplace based on metrics such as assets, earnings, or future growth potential. While the portfolio generally emphasizes mid-sized enterprises, it also maintains the flexibility to invest substantially in both larger and smaller companies. Its holdings encompass both domestic and international issuers.

What is the expense ratio of FDVLX?

Fidelity Value Fund (FDVLX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FDVLX?

Fidelity Value Fund (FDVLX) manages $10.25B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FDVLX actively managed or an index fund?

FDVLX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FDVLX launched?

Fidelity Value Fund (FDVLX) launched in January 1980 and is managed by Fidelity.

How has FDVLX performed?

FDVLX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.