Fidelity Capital Appreciation’s People rating has been raised to Above Average from Average due to greater confidence in the team’s suitability here and overall credentials, and both its share classes earn Morningstar Analyst Rating upgrades to Bronze from Neutral.
Fidelity® Capital Appreciation FDCAX
NAV / 1-Day Return
40.91
/
2.11
%
Total Assets
7.1 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.
0.840%
Expense Ratio
0.840%
Fee Level
Average
Longest Manager Tenure
3.30
years
Category
Large Growth
Investment Style
Large GrowthMin. Initial Investment
0
Status
Open
TTM Yield
0.33%
Turnover
51%
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 FDCAX 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 FDCAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FDCAX 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 FDCAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A worthy option for investors seeking a moderate large-growth vehicle for the long haul.
