Overview Of Fidelity Stock Selector Large Cap Value Fund (FSLVX)

Fidelity Stock Selector Large Cap Value (FSLVX) a Zacks Rank #2 (Buy) was incepted in November 2001 and is managed by Fidelity Management & Research Inc. FSLVX seeks long-term growth of capital. FSLVX primarily invests its assets in common stocks. FSLVX normally invests at least 80% of its assets in securities of companies with large market capitalizations. FSLVX usually invests in securities of companies that it believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow or in relation to securities of other companies in the same industry. FSLVX may invest its assets in securities of foreign and domestic issuers.

This fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth and Precious Metal. Further, as of the last filing, Berkshire Hathaway (NYSE:BRKa), Procter & Gamble and Johnson & Johnson (NYSE:JNJ) were the top holdings for FSLVX.

Fidelity Stock Selector Large Cap Value, managed by Fidelity, carries an expense ratio of 0.78%. Moreover, FSLVX requires a minimal initial investment of $2,500.

FSLVX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 5.48%, 3 year 6.95% and 5 year 12.92%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.

FSLVX’s performance, as of the last filing, when compared to funds in its category was in the top 9% in 1 year, top 33% over the past 3 years, and in the 21% over the past 5 years.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Pick the best mutual funds with the Zacks Rank.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>