Experienced leadership and deep analytical resources work in Fidelity Advisor Large Cap Stock’s favor, but flaws in its risk management warrant a downgrade of its Morningstar Analyst Rating to Bronze from Silver for its cheapest I and Z share classes and Neutral from Bronze for its A and M shares. Its expensive C shares retain Neutral.
Fidelity Advisor® Large Cap I FALIX
NAV / 1-Day Return
41.60
/
0.39
%
Total Assets
1.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.480%
Expense Ratio
0.480%
Fee Level
Low
Longest Manager Tenure
16.22
years
Category
Large Blend
Investment Style
Large ValueMin. Initial Investment
0
Status
Open
TTM Yield
1.70%
Turnover
22%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FALIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FALIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FALIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FALIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Continued conviction in this fund’s manager but not its risk-tolerant process.
