# Fidelity Value Fund (FDVLX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fdvlx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Actively Managed · Inception: 1980-01-02 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 encompa... ## Key Facts | Metric | Value | |---|---| | Price | $16.65 | | Expense Ratio | 0.68% | | Assets Under Management | $9.72B | | NAV | $16.65 | | Holdings Count | — | | Distribution Yield (TTM) | 8.32% | | Annual Distribution (TTM) | $1.39 /share | | Distribution Frequency | Annual | | 52-Week Range | $13.75 – $17.64 | | Beta | 1.11 | ## Latest Distribution - Amount: $1.3850 /share - Ex-date: 2025-12-12 - Pay date: 2025-12-15 ## Frequently Asked Questions ### 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 $9.72B 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 is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FDVLX's is 0.68%) in exchange for the discretion to over- or under-weight positions. ### 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. ### Does FDVLX pay a dividend? Fidelity Value Fund (FDVLX) currently distributes little or no income. Trailing-twelve-month yield is 8.32%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FDVLX pay dividends? Fidelity Value Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FDVLX's dividend yield? FDVLX's trailing-twelve-month yield is 8.32%, calculated from the sum of dividends over the past year divided by the current price. ### When is FDVLX's next ex-dividend date? The most recently announced ex-dividend date for FDVLX was 2025-12-12. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FDVLX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.68% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FDVLX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FDVLX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FDVLX cost more than a fund like VOO? FDVLX is actively managed (current expense ratio 0.68%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FDVLX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FDVLX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FDVLX (0.68%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fdvlx - Distribution history: https://www.dividenddata.com/funds/fdvlx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fdvlx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fdvlx/expenses - Peer comparison: https://www.dividenddata.com/funds/fdvlx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.