Fidelity Growth Company Fund Investment Overview

The Fidelity Growth Company Fund is a popular investment option for those looking to grow their wealth over the long term.

This fund focuses on investing in established companies with a history of growth, which can provide a relatively stable source of returns.

Investors in the Fidelity Growth Company Fund typically expect to hold onto their shares for at least five years, as this fund is designed for long-term growth.

By investing in this fund, you can potentially benefit from the growth of established companies and build a more stable financial future.

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The Fidelity Growth Company Fund has a relatively low expense ratio compared to its category average, with a rate of 0.72% that earned it a B grade. This is 27% lower than the Large Growth category average.

The fund's portfolio turnover rate is 12%, which is significantly lower than the category average of 46%. This suggests that the fund tends to hold onto its assets for a longer period, which can help reduce expenses and improve after-tax returns.

In terms of performance, the fund returned 0.8% in December 2024, earning it an A grade compared to the Large Growth category's average return of -1.2%. Over the past 10 years, the fund has had an annualized return of 12.42%, outperforming the S&P 500 benchmark's 11.26% return.

Here's a breakdown of the fund's returns over the past year:

The fund has also had some impressive returns in the past, such as a 53.89% return in 2020 and a 41.80% return in 2023.

The Performance Chart is a great way to visualize how Fidelity Growth Company Fund has performed over time compared to the S&P 500 index. The chart shows the growth of an initial investment of $10,000 in the fund, with all prices adjusted for splits and dividends.

One thing that stands out is the fund's performance in 2024, where it returned 0.8%, earning it an A grade compared to the Large Growth category, which had an average return of -1.2%.

Here's a breakdown of the fund's monthly returns for 2024:

The fund's average annual returns are also worth noting, with a 1-year return of 26.38%, a 3-year return of 41.80%, and a 5-year return of 53.89%.

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When it comes to evaluating the performance of an investment, one key metric to consider is the cumulative total return. This measures the total value of the investment over a specific period, taking into account any dividends or interest earned.

The Fidelity Growth Company Fund has a cumulative total return of 26.38% in 2024, as shown in the Monthly Returns table. This is a significant increase from the previous year's return.

The fund's cumulative total return over the past 12 months is 24.65%, according to the Returns By Period section. This is a notable achievement, especially considering the volatility of the market.

Here's a breakdown of the fund's cumulative total returns over the past few years:

As you can see, the fund's cumulative total returns have been quite variable over the years. However, the most recent returns have been particularly strong, with a 26.38% return in 2024.

The Fidelity Growth Company Fund has a significant portfolio with $60 billion in total assets, which is above the $2 billion average for the Large Growth category. This large asset base is a good thing, as it typically translates to lower average expense ratios.

The fund's current portfolio date is November 30, 2024, and it has a high percentage of assets in its top 10 holdings, at 53.2%. Here's a breakdown of the top 10 holdings:

The portfolio holdings of FDGRX are a crucial aspect of understanding the fund's performance and investment strategy. The current portfolio date is November 30, 2024.

FDGRX has a significant equity holding in the technology sector, with the top 10 holdings accounting for 53.2% of the portfolio's assets. The largest holding in the portfolio is a technology company, with a market value of $11.2 billion and a sector weight of 16.22%.

The top 10 holdings in the portfolio are dominated by technology companies, with four of the top five holdings belonging to this sector. Consumer cyclical and communication services companies also make up a significant portion of the portfolio.

Here is a breakdown of the top 10 holdings in the FDGRX portfolio:

Understanding Market Capitalization (Fund) is crucial for any investor. The range of market capitalization is a key factor in determining the performance of a fund.

Market capitalization refers to the total value of a company's outstanding shares. This is calculated by multiplying the number of shares outstanding by the current market price of each share.

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A fund's market capitalization can be broken down into various ranges, including small-cap, mid-cap, and large-cap. These ranges are determined by the market value of the fund's holdings.

Here's a breakdown of market capitalization ranges and their corresponding fund and benchmark values:

The fund's market capitalization can have a significant impact on its performance and risk level. For example, small-cap funds tend to be riskier but also offer higher potential returns.

Fidelity Growth Company's expense ratio is 0.72%, which is 27% lower than its category average, earning it a B grade. This is a notable achievement, considering high annual expense ratios can reduce your rate of return.

The fund's expense ratio is above average compared to funds in the Large Growth category. This means you'll pay more in fees compared to other funds in the same category.

Fidelity Growth Company has a portfolio turnover rate of 12%, which is relatively low compared to the average portfolio turnover of 46% for the Large Growth category. This could result in lower expenses and higher aftertax returns.

Additional reading: Large Company Growth Index Fund

The fund returned 0.8% in December 2024, earning it a grade of A, as the Large Growth category had an average return of -1.2%. This is a significant achievement, considering the category's overall performance.

Here's a breakdown of the fund's expenses and fees:

Fidelity Series Growth Company has an expense ratio of 0.00%, which is 100% lower than its category average, earning it an A grade. This is a remarkable achievement, considering high annual expense ratios can reduce your rate of return.

The fund's expense ratio is low compared to funds in the Large Growth category, making it a more cost-effective option.

The Fidelity Growth Company Fund has a relatively flat dividend history. The fund has not paid a dividend in the last few years, with the last dividend payment being a mere $0.01 per share in 2016.

Looking at the dividend history, we can see that the fund's dividend yield has been steadily decreasing over the years. In 2015, the dividend yield was 3.92%, but it has since dropped to 0.00% in 2024.

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Here's a breakdown of the fund's dividend history over the past few years:

As you can see, the fund's dividend yield has been consistently low in recent years. This suggests that the fund may not be a good choice for investors who are looking for a steady stream of income.

It's worth noting that the fund has not paid a monthly dividend in recent years, with the exception of a $0.01 payment in December 2014.

Fidelity Growth Company's (FDGRX) monthly returns have fluctuated significantly over the years, with the worst month being December 2024 at -7.14% and the best month being February 2023 at 9.09%.

The fund's cumulative total returns have also shown varying results. In 2020, the NAV return was 53.89%, while the index return was 46.71% as of October 2020.

Here's a breakdown of FDGRX's cumulative total returns for different time periods:

Note that the NAV return for 1, 3, 6, 12 months are not available as they are marked as "na" in the provided data.

Fidelity Growth Company (FDGRX) has earned a Risk-Adjusted Performance Rank of 75, placing it among the top 25% of mutual funds on our website.

This ranking indicates that FDGRX has a good balance of risk and reward, making it a solid choice for investors.

FDGRX has received Morningstar ratings, with an overall rating of out of funds in its category. The 3-year rating is also out of funds in the same category.

Here's a breakdown of FDGRX's Morningstar ratings:

FDGRX has also performed well in Lipper rankings, with a 1-year ranking of out of funds in its category. The 3-year ranking is also out of funds in the same category.

Here's a breakdown of FDGRX's Lipper rankings:

Overall, FDGRX has demonstrated strong performance across various metrics, making it a compelling choice for investors seeking a balanced and growth-oriented investment strategy.

Fidelity Growth Company Fund has a history of providing minimal dividend yields. The fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

The fund's dividend history is quite consistent, with no dividend payouts for the past four years. In fact, the annual payout has been $0.00 per share from 2024 to 2023.

Here's a breakdown of the fund's dividend history over the past 12 years:

The fund's dividend yield has been relatively low over the past few years, but it has been higher in the past. For example, the dividend yield was 3.92% in 2015 and 4.03% in 2014.

The Fidelity Growth Company funds have some interesting characteristics. Fidelity Series Growth Company (FCGSX) is an actively managed U.S. Equity Large Growth fund launched in 2013.

The fund is non-diversified, which means it invests in a concentrated portfolio of stocks. Fidelity Series Growth Company has 1 primary benchmark: Russell 3000 Growth TR USD index.

Here are some key statistics about the Fidelity Series Growth Company management team:

Fidelity Series Growth Company has 608 securities in its portfolio, with the top 10 holdings making up 58.9% of the fund's assets. The fund meets the SEC requirement of being classified as a nondiversified fund.