Fidelity Leveraged Company Stock Fund (FLVCX)

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The chart shows the growth of an initial investment of $10,000 in Fidelity Leveraged Company Stock Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity Leveraged Company Stock Fund (FLVCX) has returned -7.01% so far this year and 25.63% over the past 12 months. Over the last decade, FLVCX has posted an annualized return of 12.73%, slightly higher than the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Dec 19, 2000, FLVCX's average daily return is +0.06%, while the average monthly return is +1.18%. At this rate, your investment would double in approximately 4.9 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +23.7%, while the worst month was Oct 2008 at -26.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FLVCX closed higher 55% of trading days. The best single day was Oct 13, 2008 with a return of +15.9%, while the worst single day was Mar 16, 2020 at -15.3%.

Fidelity Leveraged Company Stock Fund has an annualized alpha of 5.28%, beta of 1.15, and R² of 0.82 versus S&P 500 Index. Calculated based on daily prices since December 20, 2000.

• This fund captured 152.70% of S&P 500 Index gains and 118.73% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This fund generated an annualized alpha of 5.28% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.

FLVCX has an expense ratio of 0.74%, placing it in the medium range.

FLVCX ranks 53 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Fidelity Leveraged Company Stock Fund (FLVCX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Leveraged Company Stock Fund provided a 5.08% dividend yield over the last twelve months, with an annual payout of $2.08 per share.

The table displays the monthly dividend distributions for Fidelity Leveraged Company Stock Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Fidelity Leveraged Company Stock Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Leveraged Company Stock Fund was 70.02%, occurring on Mar 9, 2009. Recovery took 980 trading sessions.

The current Fidelity Leveraged Company Stock Fund drawdown is 13.06%.

The chart below shows the rolling one-month volatility.