Fidelity Leveraged Company Stock’s volatile nature and niche mandate hasn’t kept Mark Notkin from showing he can pilot the strategy effectively. Its cheaper share classes earn a Morningstar Analyst Rating of Silver, while its pricier ones are rated Bronze and Neutral.
Fidelity Advisor® Leveraged Co StkI FLVIX
NAV / 1-Day Return
52.21
/
0.51
%
Total Assets
1.4 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.
0.790%
Expense Ratio
0.790%
Fee Level
Above Average
Longest Manager Tenure
2.32
years
Category
Large Blend
Investment Style
Large GrowthMin. Initial Investment
0
Status
Open
TTM Yield
0.21%
Turnover
14%
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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 FLVIX 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 FLVIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FLVIX 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 FLVIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A strong option in its niche, though not for the weak of heart.
