The Fidelity Value Mutual Fund (FDVLX) investment strategy is to find stocks of companies that have valuable fixed assets that the rest of the market place has not priced correctly so they are undervalued in terms of earnings, assets and growth potential. These assets could include natural resources, equipment, real estate, trademarks, franchises or transportation routes.
The Fidelity fund managers are Richard Fentin who has been with the fund since March of 2006 and Matthew Friedman who just started a few days ago at the beginning of May 2010. There are 363 stocks in this funds asset with the top ten holding accounting for 11.85% of the total. The leading sectors in which the assets come from are the Financial with 26.89%, Industrials at 15.77% and Consumer goods at 11.40%. 91.6% of the stocks are from domestic companies and 7.2% are of foreign origin.
The performance of this fund as of April 30, 2010 was a 10 year return of 8.13%, a 5 year return of 4.02% and a one year return of 57.31% The YTD return is current at 14.58 as of April 30, 2010.
The expense ratio of this fund is at 0.64%. The volatility measures are a Beta at 1.42, the R squared at 0.92 and the standard deviation at 29.96.
This fund‘s risk rating is 2 stars by Morningstar. The Lipper ranking against other mutual funds in its category is for 1 year is 47th out of 2816 and 14th out of 786 for 10 years.
The Fidelity Value Mutual Fund (FDVLX) has shown a good performance but this does not mean future profits are guaranteed.
For additional resources about mutual funds and other investments from Fidelity on this website, please view Fidelity Growth & Income Portfolio (FGRIX) Review.
For another valuable resource please try How to Get Started in Stock Market Investing on our sister site stockmarketinvestingblog.com.
Additional resource for investing from another sister site of Janus Orion Fund Review is an article on topperformingmutualfunds.net.
We strive to bring you the latest and most accurate data possible from the home sites of the investment institutions we name. Always remember the bigger the risk, the larger the reward or loss. Invest with caution.
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