Fidelity Advisor Large Cap Fund

Frequently Asked Questions About FIDLX

What does FIDLX invest in?

The fund typically allocates a minimum of 80% of its capital to equities issued by corporations with substantial market valuations. For the purposes of this specific portfolio, such "large market capitalization" enterprises are defined as those whose market size aligns with companies found within either the Russell 1000® Index or the S&P 500® Index. Its investment scope extends to both U.S.-based and international entities, and its strategy permits exposure to growth-oriented stocks, value-driven stocks, or a blend of both categories.

What is the expense ratio of FIDLX?

Fidelity Advisor Large Cap Fund (FIDLX) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FIDLX?

Fidelity Advisor Large Cap Fund (FIDLX) manages $2.23B 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 FIDLX actively managed or an index fund?

FIDLX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FIDLX's is 0.70%) because there's no security selection cost.

When was FIDLX launched?

Fidelity Advisor Large Cap Fund (FIDLX) launched in February 2017 and is managed by Fidelity.

How has FIDLX performed?

FIDLX'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.