Fidelity Value Strategies Fund

Frequently Asked Questions About FSLSX

What does FSLSX invest in?

The fund's main objective is to achieve long-term growth in investor capital. Its portfolio primarily consists of common stocks. The investment strategy involves identifying and purchasing securities of companies that the advisor believes are trading below their intrinsic value, considering metrics like assets, sales, earnings, or future growth prospects—these are typically referred to as "value" stocks. While the fund concentrates its investments in medium-sized companies, it also has the flexibility to allocate significant capital to both larger and smaller enterprises. Its holdings include both U.S. and foreign-domiciled issuers.

What is the expense ratio of FSLSX?

Fidelity Value Strategies Fund (FSLSX) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FSLSX?

Fidelity Value Strategies Fund (FSLSX) manages $2.33B 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 FSLSX actively managed or an index fund?

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

When was FSLSX launched?

Fidelity Value Strategies Fund (FSLSX) launched in December 1983 and is managed by Fidelity.

How has FSLSX performed?

FSLSX'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.