Despite Fidelity Leveraged Company Stock’s volatile nature, Mark Notkin’s approach has proved its worth. Its cheaper share classes earn a Morningstar Analyst Rating of Silver, while its more expensive shares are rated Bronze.
Fidelity Advisor® Leveraged Co StkI FLVIX
NAV / 1-Day Return
56.65
/
3.19
%
Total Assets
1.3 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.
0.810%
Expense Ratio
0.810%
Fee Level
Below Average
Longest Manager Tenure
1.42
years
Category
Mid-Cap Blend
Investment Style
Large BlendMin. Initial Investment
0
Status
Open
TTM Yield
0.00%
Turnover
59%
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 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.
An appealing niche offering.
