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Fidelity Leveraged Company Stock K (FLCKX) Fund Ranking and Research

Ranking, Research and Recommendation of Fidelity Leveraged Company Stock K (FLCKX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of Fidelity Leveraged Company Stock K Fund (FLCKX) ManagerFund Manager - Thomas T. Soviero

Fund Manager Information

Fund Manager Tenure: 15.9 years
Fund Family: Fidelity Investments
Fund Category: Mid-Cap Value
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.4)     (What does this score mean?)
Soviero is vice president and manager of Fidelity Investments. Since joining Fidelity Investments in 1989, he has worked as a research analyst, manager and director of high yield research. Soviero holds the Chartered Financial Analyst designation.  Get more insights on Thomas T. Soviero

 

Graph of Fidelity Leveraged Company Stock K Fund (FLCKX) ProfileFidelity Leveraged Company Stock K Fund (FLCKX) Profile

Fund Profile and Description

Fidelity Leveraged Company Stock K Fund seeks capital appreciation. Fidelity Leveraged Company Stock K Fund normally invests at least 80% of assets in stocks. It normally invests assets primarily in common stocks of leveraged companies defined as companies that issue low-quality debt and other companies with leveraged capital structures may be in troubled or uncertain financial condition, and may be involved in bankruptcy proceeding, reorganizations, or financial restructurings. Fidelity Leveraged Company Stock K Fund may invest asset in securities of foreign issuers in addition to securities of domestic issuers.

 

Fidelity Leveraged Company Stock K (FLCKX) Fund Strength What we like about Fidelity Leveraged Company Stock K (FLCKX) Fund

Data for Fidelity Leveraged Company Stock K Fund (FLCKX) as of May 30, 2016

  • Fidelity Leveraged Company Stock K Fund (FLCKX) management has been with Fidelity Leveraged Company Stock K Fund for 15.9 years
  • Fidelity Leveraged Company Stock K Fund (FLCKX) ratio of up-years vs down years is greater than 2
  • Fidelity Leveraged Company Stock K Fund (FLCKX) has an annual stock turnover rate of 4.00% vs Mid-Cap Value average of 53.78%. It is good that Fidelity Leveraged Company Stock K management does not trade extensively for its return.
  • Fidelity Leveraged Company Stock K Fund (FLCKX) has a lower expense ratio than its Mid-Cap Value average: 0.67% vs 1.18%
  • Fidelity Leveraged Company Stock K Fund (FLCKX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

Fidelity Leveraged Company Stock K Fund (FLCKX) Weakness What we are cautious about Fidelity Leveraged Company Stock K (FLCKX) Fund

Data for Fidelity Leveraged Company Stock K Fund (FLCKX) as of May 30, 2016

  • Fidelity Leveraged Company Stock K Fund (FLCKX) has a less-than-ideal short-term performance (1-year return -10.01% vs -3.20% Mid-Cap Value category median performance)
  • Fidelity Leveraged Company Stock K Fund (FLCKX) has a less-than-ideal mid-term performance (3-year return 5.39% vs 8.20% Mid-Cap Value category median performance)
  • Fidelity Leveraged Company Stock K Fund (FLCKX) has a less-than-ideal Long-term performance (5-year return 7.60% vs 8.87% Mid-Cap Value category median performance)
  • Fidelity Leveraged Company Stock K Fund (FLCKX) has a Morningstar rating of 3 and below
  • Fidelity Leveraged Company Stock K Fund (FLCKX) is less safe compared to its Mid-Cap Value peers
  • Fidelity Leveraged Company Stock K Fund (FLCKX) does not have a good risk adjusted return as its 3-year Alpha of -6.2 is worse than category average of -2.7, and its 3-year Sharpe ratio is 0.44
  • Fidelity Leveraged Company Stock K Fund (FLCKX) is more volatile than its peers as it has a 3-year Standard Deviation of 14.04 that is higher than category average of 12.6
See Fidelity Leveraged Company Stock K Fund (FLCKX) performance details as of May 30, 2016

 

What do you think?

 

Compare Fidelity Leveraged Company Stock K Fund (FLCKX)Compare with other top Mid-Cap Value category mutual funds

Aadditional top Mid-Cap Value mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Fidelity Leveraged Company Stock K2.11-10.015.397.60
American Century Mid Cap Value C (ACCLX)9.334.3411.1311.06Compare
VY American Century Small-Mid Cap Val S2 (ISMSX)8.163.3910.7310.75Compare
JHancock Disciplined Value Mid Cap Adv (JVMVX)4.440.4912.5512.11Compare

See top fund managers for Mid-Cap Value Category Funds

 

Compare Fidelity Leveraged Company Stock K Fund (FLCKX)Compare with Mid-Cap Value category ETFs

Some Mid-Cap Value ETFs for your consideration

ETFYear to DateOne YearThree Year
iShares Select Dividend (DVY)11.18%9.44%12.25%
PowerShares High Yld Eq Div Achiev ETF (PEY)14.38%16.97%16.38%
PowerShares Russell Midcap Pure Val ETF (PXMV)11.24%1.03%10.35%
Vanguard Mid-Cap Value ETF (VOE)000
SPDR S&P 400 Mid Cap Value ETF (MDYV)000

 

Graph of Fidelity Leveraged Company Stock K Fund (FLCKX) Net Asset TrackingFidelity Leveraged Company Stock K (FLCKX) Fund Net Asset

Track net asset change of Fidelity Leveraged Company Stock K fund (FLCKX)

DateNet Asset
05/2016$3.57B
03/2016$3.64B
02/2016$3.39B
More historic net asset information on Fidelity Leveraged Company Stock K Fund (FLCKX)

  

Graph of Fidelity Leveraged Company Stock K Fund (FLCKX) Portfolio TrackingFidelity Leveraged Company Stock K (FLCKX) Fund Portfolio Allocation

Track portfolio allocation change of Fidelity Leveraged Company Stock K fund (FLCKX)

DateCashStockBondOther
01/20162.04%97.44%0.2%0%
10/20153.68%95.83%0.22%0%
07/20152.87%96.55%0.34%0%
Click here to see more historic asset allocation information on Fidelity Leveraged Company Stock K Fund (FLCKX)

 

graph of Fidelity Leveraged Company Stock K Fund (FLCKX) Top 10 Position TrackingTop 10 Holdings in Fidelity Leveraged Company Stock K (FLCKX) Fund

Discover what Fidelity Leveraged Company Stock K Fund (FLCKX) manager is buying

Jan 30, 2016
LyondellBasell Industries NV Or [8.13%]
Service Corporation Internation [6.18%]
Boston Scientific Corporation C [4.27%]
Delta Air Lines, Inc. Common St [3.23%]
Bank of America Corporation Com [2.95%]
Comcast Corporation [2.68%]
General Motors Company Common S [2.67%]
Westrock Company Common Stock [2.63%]
Tenet Healthcare Corporation Co [2.32%]
Newell Brands Inc. Common Stock [2.28%]

Oct 30, 2015
LyondellBasell Industries NV Or [9.32%]
Service Corporation Internation [6.03%]
Boston Scientific Corporation C [3.64%]
Delta Air Lines, Inc. Common St [3.03%]
Bank of America Corporation Com [2.86%]
Westrock Company Common Stock [2.83%]
General Motors Company Common S [2.58%]
Comcast Corporation [2.47%]
Ford Motor Company Common Stock [2.1%]
Newell Rubbermaid Inc. Common S [2.04%]

Jul 30, 2015
LyondellBasell Industries NV Or [9%]
Service Corporation Internation [6.2%]
Boston Scientific Corporation C [3.45%]
Westrock Company Common Stock [3.1%]
Bank of America Corporation Com [2.85%]
Ford Motor Company Common Stock [2.44%]
Delta Air Lines, Inc. Common St [2.43%]
Comcast Corporation [2.26%]
General Motors Company Common S [2.17%]
HCA Holdings, Inc. Common Stock [2.15%]
Click here for Stock Holding Change Map in Fidelity Leveraged Company Stock K Fund (FLCKX)

  

Latest News on Fidelity Leveraged Company Stock K (FLCKX) Fund

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Fidelity Leveraged Company Stock K Fund (FLCKX) Related ResourcesSee more information on Fidelity Leveraged Company Stock K (FLCKX) Fund

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