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Fidelity® Leveraged Company Stock (FLVCX)

Net Asset Value
1 Day
Overall Morningstar Rating
Mid-cap value
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund normally invests at least 80% of assets in stocks. It invests primarily in common stocks of leveraged companies (companies that issue lower-quality debt and other companies with leveraged capital structures). The fund potentially invests in lower-quality debt securities and invests in domestic and foreign issuers. It invests in either "growth" stocks or "value" stocks or both. The fund uses fundamental analysis of each issuer's financial condition and industry position and market and economic conditions to select investments.


1 month-5.26% 3 years+15.20%
3 months-9.26% 5 years+15.58%
1 year-7.03% Since inception+13.35%
Data through --

Peer Comparisonvs. Mid-cap value

Performance 5-yr return+15.58%+16.08%
Expense ratio0.79%1.23%
Risk 5 year sharpe ratio0.931.03
Net assets$4.9B$1.8B
Average market cap$17.2B$8.9B
Average P/E18.317.9
Portfolio turnover10%10%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureThomas Soviero / 12 Years
Minimal initial investment$10,000.00
Minimum IRA investment$2,500.00


U.S. stock93.20%
International stock4.20%
Fixed income0.35%
Top 5 Sectors
Portfolio weighting
Industrial materials 25.75%
Energy 11.52%
Business service 11.43%
Financial service 10.71%
Consumer goods 10.05%
Top 10 Holdings
Portfolio weighting
LYB LyondellBasell Industries NV9.44%
SCI Service Corporation International5.49%
BSX Boston Scientific Corp3.37%
-- 2.95%
DAL Delta Air Lines2.87%
F Ford2.47%
BAC Bank of America2.41%
GM GM2.30%
CNK Cinemark Holdings Inc2.00%
CMCSA Comcast1.99%

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