Derek Janssen took over Fidelity Small Cap Value after former manager Clint Lawrence left unexpectedly for Capital Group in February 2021. The likelihood of further manager changes warrant Morningstar Analyst Ratings of Neutral across all share classes.
Fidelity Advisor® Small Cap Value A FCVAX
NAV / 1-Day Return
20.35
/
1.45
%
Total Assets
5.0 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.
1.240%
Expense Ratio
1.240%
Fee Level
Below Average
Longest Manager Tenure
0.97
years
Category
Small Value
Investment Style
Small ValueMin. Initial Investment
0
Status
Open
TTM Yield
1.76%
Turnover
54%
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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 FCVAX 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 FCVAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FCVAX 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 FCVAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This strategy is in good hands, for now.
