# Fidelity Value Strategies Fund (FSLSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fslsx 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: 1983-12-30 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 inclu... ## Key Facts | Metric | Value | |---|---| | Price | $68.59 | | Expense Ratio | 0.66% | | Assets Under Management | $2.45B | | NAV | $68.59 | | Holdings Count | — | | Distribution Yield (TTM) | 6.55% | | Annual Distribution (TTM) | $4.50 /share | | Distribution Frequency | Annual | | 52-Week Range | $54.15 – $72.31 | | Beta | 1.07 | ## Latest Distribution - Amount: $4.4950 /share - Ex-date: 2025-12-26 - Pay date: 2025-12-29 ## Frequently Asked Questions ### 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 $2.45B 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 is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FSLSX's is 0.66%) in exchange for the discretion to over- or under-weight positions. ### 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. ### Does FSLSX pay a dividend? Fidelity Value Strategies Fund (FSLSX) currently distributes little or no income. Trailing-twelve-month yield is 6.55%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FSLSX pay dividends? Fidelity Value Strategies 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 FSLSX's dividend yield? FSLSX's trailing-twelve-month yield is 6.55%, calculated from the sum of dividends over the past year divided by the current price. ### When is FSLSX's next ex-dividend date? The most recently announced ex-dividend date for FSLSX was 2025-12-26. 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 FSLSX'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 FSLSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FSLSX'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 FSLSX cost more than a fund like VOO? FSLSX 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 FSLSX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FSLSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FSLSX (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/fslsx - Distribution history: https://www.dividenddata.com/funds/fslsx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fslsx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fslsx/expenses - Peer comparison: https://www.dividenddata.com/funds/fslsx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.