Morningstar

Fidelity Growth Company Fund FDGRX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $61.67  /  +1.05 %
  • Fund Size $100.1B
  • Adjusted Expense Ratio 0.690%
  • Net Expense Ratio 0.690%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category Large Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $0
  • Investment Status Limited
  • TTM Yield 0.00%
  • Turnover Ratio 16%
NAV and 1-Day Return as of

Morningstar’s Analysis FDGRX

Will FDGRX outperform in the 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 FDGRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FDGRX 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 FDGRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Exemplary leadership, decades of outperformance, and a watchful eye on Nvidia.

Principal Robby Greengold

Robby Greengold

Principal

Summary

Fidelity Growth Company’s long-term success owes much to the stock-picking prowess of manager Steve Wymer—and especially to his early embrace of Nvidia, whose extraordinary ascent in recent years has made it a defining force in the portfolio. With fees ranging from 0.45% to 0.55% of assets—some of the lowest price tags for an actively managed fund in the large-growth Morningstar Category—the strategy remains one of that group’s most compelling options. Two share classes have performance-based mechanisms that recently pushed down their net expense ratios.

by Robby Greengold
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Portfolio Holdings FDGRX

More FDGRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 50.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

16.79 16B
Technology

Apple Inc

7.30 7B
Technology

Microsoft Corp

5.75 6B
Technology

Alphabet Inc Class A

4.47 4B
Communication Services

Alphabet Inc Class C

3.59 4B
Communication Services

Amazon.com Inc

3.23 3B
Consumer Cyclical

Eli Lilly and Co

2.66 3B
Healthcare

Meta Platforms Inc Class A

2.63 3B
Communication Services

Broadcom Inc

2.29 2B
Technology

Ciena Corp

2.07 2B
Technology

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