Fidelity Growth Company Fund Price and Investment Information

The Fidelity Growth Company Fund is a popular investment option for those looking to grow their wealth over time. It's a no-load mutual fund that invests in stocks of companies that are expected to grow rapidly.

The fund's primary objective is to provide long-term growth of capital by investing in a diversified portfolio of growth-oriented stocks. This means that the fund managers will focus on companies with high growth potential, rather than those that are already established.

The minimum investment requirement for the Fidelity Growth Company Fund is $2,500, which is relatively low compared to other investment options. This makes it accessible to a wide range of investors, including those who are just starting to build their portfolios.

The Fidelity Growth Company Fund has consistently delivered strong performance over the years, with a 5-year annualized return of 18.2% as of the latest available data.

This impressive return is largely due to the fund's focus on investing in established companies with strong growth potential, as discussed in the "Investment Strategy" section.

The fund's top holdings, including technology giants like Amazon and Microsoft, have been major drivers of its success, with these stocks contributing significantly to the fund's returns.

As of the latest available data, the Fidelity Growth Company Fund has a total net asset value (NAV) of $123.4 billion, making it one of the largest mutual funds in the industry.

The fund's expense ratio of 0.74% is relatively low compared to other actively managed funds, which helps to maximize returns for investors.

The Fidelity Growth Company Fund is a popular investment option, and understanding its fund information is crucial for making informed decisions. It has an expense ratio of 0.71%, which is relatively low compared to other funds.

The fund invests in a mix of large-cap and mid-cap companies, with a focus on growth stocks. This means it tends to favor companies with high growth potential over those with stable, dividend-paying stocks.

As of the last update, the net asset value (NAV) of the fund was $143.23 per share. This is the total value of the fund's assets minus its liabilities, divided by the number of outstanding shares.

The fund's performance has been strong, with a 5-year annualized return of 14.32% as of the last update. This is a significant return, especially when compared to other investment options.

The Fidelity Growth Company Fund has a diverse portfolio composition, with a majority of its assets allocated to stocks. Stocks make up a whopping 97.86% of the fund's weighting.

Breaking down the stock allocation, we see that the US market accounts for 96.62% of the fund's weighting, with the remaining 1.24% invested in non-US markets.

The fund's bond sector is relatively small, with a weighting of just 0.04% in government bonds, and 0.00% in municipal, securitized, and derivative bonds.

Here's a summary of the fund's asset allocation:

Asset allocation is a crucial aspect of portfolio composition, and it's fascinating to see how different assets can impact your investments. According to the provided data, stocks make up a whopping 97.86% of the portfolio, with a return potential of 123.52% at its highest.

The remaining assets, such as preferred stocks, cash, bonds, convertible bonds, and other investments, account for a mere 2.14% of the portfolio. It's worth noting that cash has a remarkable return potential of 173.52% at its highest.

Here's a breakdown of the asset allocation:

It's essential to keep in mind that even a small percentage of other investments can have a significant impact on your portfolio, as seen with the -36.56% return potential of the "Other" category.

As you dig into the details of your portfolio, it's helpful to understand the geographic breakdown of your stock holdings. In the case of the FDGRX fund, US stocks make up a significant portion of the portfolio, weighing in at 96.62%.

The US segment of the portfolio has a substantial return range, with a low return of 0.00% and a high return of 123.52%. This indicates that the US stocks have performed relatively well, with some years seeing significant gains.

Non-US stocks, on the other hand, account for a much smaller portion of the portfolio, making up just 1.24%. However, even within this smaller segment, there is still a notable return range, with a low return of 0.00% and a high return of 75.46%.

Here's a breakdown of the geographic composition of the FDGRX fund:

The FDGRX fund's geographic breakdown suggests a strong focus on US stocks, which may be worth considering if you're looking to diversify your portfolio.

The bond sector breakdown of a portfolio is a crucial aspect to consider, and it's interesting to see how different sectors contribute to its overall performance. Corporate bonds make up 14.51% of the portfolio, with a return range of 0.00% to 100.00%.

One notable aspect of the bond sector breakdown is the significant weighting of corporate bonds. This is a substantial portion of the portfolio, and understanding its performance is essential. The corporate sector has a 5.91% rank in terms of performance.

The cash and equivalents sector, on the other hand, accounts for a relatively small 1.14% of the portfolio. However, its return range is impressive, spanning from 0.00% to 173.52%. This suggests that cash and equivalents can provide a significant boost to the portfolio's returns.

The derivative sector is notable for its lack of weighting, with a 0.00% contribution to the portfolio. However, its return range is quite volatile, ranging from -37.20% to 15.33%. This highlights the potential risks associated with derivative investments.

The securitized sector also has a 0.00% weighting, but its return range is more modest, spanning from 0.00% to 43.70%. This suggests that securitized investments may be more stable, but still offer some potential for returns.

Here's a summary of the bond sector breakdown:

The Fidelity Growth Company Fund has a diverse portfolio, but some companies stand out as significant holdings. NVIDIA CORP makes up 15.77% of the fund's top holdings.

The fund's top 10 holdings account for a substantial portion of its overall assets, with NVIDIA CORP being the largest holding at 15.77%.

Here's a breakdown of the top 10 holdings:

The fund's concentration is relatively low, with the top 10 holdings accounting for only 54.19% of its assets.

The Fidelity Growth Company Fund has had some impressive returns in recent years, with a total return of 37.2% in 2024 and 47.2% in 2023. These returns were significantly higher than the category average, with the fund ranking 10.90% and 12.42% in its category for those respective years.

Over the past 10 years, the fund has had an annualized return of 12.42%, outperforming the S&P 500 benchmark which had an annualized return of 11.26%. The fund's returns have been quite volatile, with a current volatility of 10.20%.

Here are the fund's returns by period:

The fund's monthly returns have also been quite varied, with some months seeing significant gains and others seeing losses.

Fidelity Growth Company Fund had a return of -0.22% year-to-date (YTD) and 24.65% in the last 12 months.

The fund's annualized return over the past 10 years was 12.42%, outperforming the S&P 500 benchmark which had an annualized return of 11.26%.

Over the past 10 years, the fund's annualized return was 12.42% higher than the S&P 500 benchmark's 11.26% return.

This suggests that the Fidelity Growth Company Fund has been a relatively strong performer over the long term, but it's worth noting that the past 10 years have been a relatively good time for the stock market overall.

The fund's YTD return of -0.22% was actually slightly better than the S&P 500 benchmark's YTD return of -11.01%.

However, the fund's return of -0.93% over the past 3 years was lower than the S&P 500 benchmark's return of 0.08% over the same period.

The worst drawdowns of the Fidelity Growth Company Fund are a stark reminder of the risks involved in investing. The maximum drawdown of 71.50% occurred on Oct 9, 2002, and took a whopping 2497 trading sessions to recover.

This massive drawdown is a testament to the importance of risk management in investing. The fund's value plummeted by 71.50% over a period of nearly three years, causing significant losses for investors.

The table below breaks down the worst drawdowns of the Fidelity Growth Company Fund:

The current drawdown of 11.67% is a more recent example of the fund's volatility.

The Fidelity Growth Company Fund has a strong one-year performance, with a return of 35.28% as of the latest data.

In terms of total return ranking, the fund's performance varies by year. For example, in 2020, the fund's return was 67.5%, ranking it 7.57% in its category.

Here's a breakdown of the fund's total return ranking for each year from 2020 to 2024:

The Total Return Ranking is a key metric to evaluate the performance of a fund. It's calculated by comparing the fund's return to its category's return range.

In 2022, Fidelity Growth Company Fund (FDGRX) had a return of -33.8%, ranking 74.03% in its category. This is a significant drop, but it's essential to consider the broader context.

Here's a breakdown of the fund's return rankings over the past few years:

These rankings provide a clear picture of the fund's performance relative to its peers. By comparing the fund's return to its category's return range, investors can get a sense of its overall performance and make more informed decisions.

FDGRX has an overall rank of 75, which puts it among the top 25% of mutual funds on our website in terms of balancing risk and reward.

This is a significant achievement, as it indicates that FDGRX is performing well in terms of risk-adjusted performance.

Here's a breakdown of FDGRX's rank compared to other funds:

Note that the 1-year performance (1y Perf.) is only available for the funds listed in the table, and not for FDGRX.

The Fidelity Growth Company Fund has a unique dividend and distribution history that's worth exploring.

The fund's dividend yield is currently 0.00%, which is lower than the Category High of 27.58%. This suggests that the fund is not generating significant dividend income for investors.

In terms of capital gain distributions, the fund is distributed annually, a pattern that's consistent with the Category High of 27.58% in terms of distribution frequency.

Here's a breakdown of the fund's dividend and distribution characteristics: