Markets

Fidelity Fund (FFIDX) in Focus

Fidelity ( FFIDX ) a Zacks Rank #2 (Buy) normally invests in common stocks. FFIDX potentially invests a portion of assets in bonds, including lower-quality debt securities.

This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value and Intermediate Bond. Further, as of the last filing, ALPHABET INC, FACEBOOK INC and MICROSOFT CORP were the top holdings for FFIDX.

The Fidelity fund, managed by Fidelity , carries an expense ratio of 0.52%. Moreover, FFIDX requires a minimal initial investment of $2,500.

FFIDX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 10.1% and 5 year 9.66%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

FFIDX's performance, as of the last filing, when compared to funds in its category was in the top 41% in 1 year, top 16% over the past 3 years, and in the 42% 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 the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>

View All Zacks #1 Ranked Mutual Funds

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Get Your Free (FFIDX): Fund Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

FFIDX

Other Topics

Mutual Funds

Latest Markets Videos