Fidelity Value Fund (FDVLX)
Fidelity Value Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $17.45, up 0.52% on the session, giving a market capitalisation of $10.24B. Its beta of 1.09 implies it has historically moved more than the broad market.
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.
Fidelity Value Fund is most often compared with the following Financial Services names: