Credit: Shutterstock photoFidelity Small Cap Stock ( FSLCX ) a Zacks Ranked #1 (Strong Buy) seeks long-term growth of capital. FSLCX invests a major portion of its assets in common stocks of companies with small market capitalizations (which, for the purposes of this fund, are those with market capitalization similar to companies in the Russell 2000 Index or the S&P SmallCap 600). FSLCX invests in domestic and foreign issuers and either in 'growth' stocks or 'value' stocks or both. The fund pays dividends and capital gain distributions in June and December.
This Small Blend fund, as of the last filing, allocates their fund in three major groups; Small Value, Small Growth, Large Value. Further, as of the last filing, DECHRA PHARMACEUTICALS PLC, PARAMETRIC TECHNOLOGY CORP and WORLD FUEL SERVICES CORP were the top holdings for FSLCX.
The Fidelity Small Cap Stock fund, managed by Fidelity , carries an expense ratio of 0.66. Moreover, FSLCX requires a minimal initial investment of $2,500.
FSLCX has a history of strong positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 15.67%, 3 year 17.27%, and 5 year 11.62%. To see how this fund performed compared in its category, please click here .
FSLCX's performance, as of the last filing, when compared to funds in its category was in the top 22% in 1 year, top 53% over the past 3 years, and in the 85% over the past 5 years.
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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.
