# Fidelity Small Cap Discovery Fund (FSCRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fscrx 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: 2000-09-26 This fund primarily invests a significant portion of its assets, typically at least 80%, in companies that have a small market capitalization. For the purpose of this fund, such companies are generally those with market values comparable to the constituents of the Russell 2000® Index or the S&P SmallCap 600® Index. It has the flexibility to invest in both U.S. and international companies. The fund's investment approach is versatile, allowing it to focus on growth stocks, value stocks, or a combination of both. The advisor makes investment choices by conducting thorough fundamental analysis,... ## Key Facts | Metric | Value | |---|---| | Price | $25.34 | | Expense Ratio | 0.66% | | Assets Under Management | $2.13B | | NAV | $25.34 | | Holdings Count | — | | Distribution Yield (TTM) | 13.56% | | Annual Distribution (TTM) | $3.44 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $22.21 – $27.79 | | Beta | 1.07 | ## Latest Distribution - Amount: $0.6870 /share - Ex-date: 2026-06-12 - Pay date: 2026-06-15 ## Frequently Asked Questions ### What does FSCRX invest in? This fund primarily invests a significant portion of its assets, typically at least 80%, in companies that have a small market capitalization. For the purpose of this fund, such companies are generally those with market values comparable to the constituents of the Russell 2000® Index or the S&P SmallCap 600® Index. It has the flexibility to invest in both U.S. and international companies. The fund's investment approach is versatile, allowing it to focus on growth stocks, value stocks, or a combination of both. The advisor makes investment choices by conducting thorough fundamental analysis, considering elements like a company's financial stability, its position within its industry, and broader market and economic conditions. ### What is the expense ratio of FSCRX? Fidelity Small Cap Discovery Fund (FSCRX) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FSCRX? Fidelity Small Cap Discovery Fund (FSCRX) manages $2.13B 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 FSCRX actively managed or an index fund? FSCRX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FSCRX's is 0.66%) in exchange for the discretion to over- or under-weight positions. ### When was FSCRX launched? Fidelity Small Cap Discovery Fund (FSCRX) launched in September 2000 and is managed by Fidelity. ### How has FSCRX performed? FSCRX'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 FSCRX pay a dividend? Fidelity Small Cap Discovery Fund (FSCRX) currently distributes little or no income. Trailing-twelve-month yield is 13.56%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FSCRX pay dividends? Fidelity Small Cap Discovery Fund pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FSCRX's dividend yield? FSCRX's trailing-twelve-month yield is 13.56%, calculated from the sum of dividends over the past year divided by the current price. ### When is FSCRX's next ex-dividend date? The most recently announced ex-dividend date for FSCRX was 2026-06-12. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FSCRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.66% 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 FSCRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FSCRX'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 FSCRX cost more than a fund like VOO? FSCRX is actively managed (current expense ratio 0.66%). 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 FSCRX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FSCRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FSCRX (0.66%) 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/fscrx - Distribution history: https://www.dividenddata.com/funds/fscrx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fscrx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fscrx/expenses - Peer comparison: https://www.dividenddata.com/funds/fscrx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.