Fidelity Leveraged Company Stock Fund (FLVCX)
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 (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds) and invests in domestic and foreign issuers. It invests in either "growth" stocks or "value" stocks or both.
Fund Info
| ISIN | US3163898733 |
|---|---|
| CUSIP | 316389873 |
| Issuer | Fidelity |
| Inception Date | Dec 19, 2000 |
| Category | Large Cap Blend Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FLVCX features an expense ratio of 0.74%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FLVCX vs. SPMD, FLVCX vs. FDGRX, FLVCX vs. FELAX, FLVCX vs. BPTRX, FLVCX vs. SPY, FLVCX vs. FBGRX, FLVCX vs. VOO, FLVCX vs. VTI, FLVCX vs. XMMO, FLVCX vs. MGK
Performance
Performance Chart
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.
Returns By Period
Fidelity Leveraged Company Stock Fund had a return of 16.56% year-to-date (YTD) and 21.30% in the last 12 months. Over the past 10 years, Fidelity Leveraged Company Stock Fund had an annualized return of 0.09%, while the S&P 500 had an annualized return of 11.31%, indicating that Fidelity Leveraged Company Stock Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 16.56% | 24.72% |
| 1 month | 2.67% | 2.30% |
| 6 months | 0.68% | 12.31% |
| 1 year | 21.30% | 32.12% |
| 5 years (annualized) | 5.99% | 13.81% |
| 10 years (annualized) | 0.09% | 11.31% |
Monthly Returns
The table below presents the monthly returns of FLVCX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.29% | 8.69% | 4.74% | -5.12% | 5.58% | 0.70% | 0.79% | 0.91% | -6.25% | -0.03% | 16.56% | ||
| 2023 | 8.88% | -1.21% | -0.24% | -0.84% | -1.17% | 10.48% | 4.44% | -2.22% | -12.50% | -4.43% | 10.50% | 2.51% | 12.39% |
| 2022 | -7.85% | -1.96% | 2.32% | -8.75% | 0.92% | -12.04% | 11.19% | -2.98% | -20.13% | 7.92% | 5.56% | -10.19% | -33.98% |
| 2021 | -0.10% | 7.32% | 2.18% | 5.34% | 0.84% | 1.42% | -0.16% | 3.87% | -8.21% | 5.31% | -2.39% | 0.70% | 16.28% |
| 2020 | -1.39% | -8.97% | -22.50% | 17.29% | 8.92% | 2.26% | 4.78% | 10.52% | -0.57% | -3.24% | 17.16% | 6.84% | 26.74% |
| 2019 | 13.87% | 4.33% | 0.18% | 5.19% | -7.41% | 5.37% | 2.36% | -3.71% | 0.45% | 3.18% | 4.65% | 3.85% | 35.60% |
| 2018 | 5.62% | -3.76% | -2.21% | 0.03% | 4.81% | -1.81% | 0.20% | 2.24% | -12.29% | -11.54% | 1.62% | -13.45% | -28.45% |
| 2017 | 4.09% | 2.31% | 0.87% | 0.39% | 0.53% | -0.06% | 3.27% | -0.35% | -11.46% | 2.71% | 0.65% | -1.34% | 0.70% |
| 2016 | -9.77% | -0.56% | 8.85% | 3.27% | 1.20% | -4.45% | 4.69% | 1.70% | -6.61% | -2.16% | 5.51% | -15.67% | -15.60% |
| 2015 | -3.51% | 7.43% | 0.49% | 1.46% | 0.94% | -1.26% | -1.76% | -6.59% | -4.46% | 7.21% | 0.75% | -4.70% | -4.93% |
| 2014 | -2.96% | 3.74% | 0.87% | 0.52% | 2.20% | 2.73% | -1.12% | 4.52% | -5.27% | -0.40% | -0.09% | 1.14% | 5.59% |
| 2013 | 6.83% | 0.35% | 4.81% | 0.58% | 3.79% | -1.14% | 5.57% | -2.81% | 4.59% | 3.43% | 2.06% | 2.87% | 35.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FLVCX is 15, indicating that it is in the bottom 15% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Leveraged Company Stock Fund (FLVCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Leveraged Company Stock Fund provided a 0.84% dividend yield over the last twelve months, with an annual payout of $0.34 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.34 | $0.22 | $0.25 | $0.12 | $0.04 | $0.03 | $0.00 | $0.07 | $0.37 | $3.26 | $0.34 | $0.27 |
Dividend yield | 0.84% | 0.62% | 0.80% | 0.24% | 0.11% | 0.10% | 0.00% | 0.20% | 1.12% | 8.18% | 0.76% | 0.63% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.25 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.18 | $0.25 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.10 | $0.12 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.01 | $0.04 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.07 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.14 | $0.37 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.08 | $0.00 | $0.00 | $1.18 | $3.26 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.34 |
| 2013 | $0.16 | $0.00 | $0.00 | $0.12 | $0.27 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 69.99%, occurring on Mar 9, 2009. Recovery took 979 trading sessions.
The current Fidelity Leveraged Company Stock Fund drawdown is 18.24%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -69.99% | Jun 6, 2008 | 189 | Mar 9, 2009 | 979 | Jan 29, 2013 | 1168 |
| -57.05% | Jun 24, 2015 | 1192 | Mar 18, 2020 | 225 | Feb 8, 2021 | 1417 |
| -39.1% | Sep 8, 2021 | 265 | Sep 26, 2022 | — | — | — |
| -38.84% | May 22, 2001 | 290 | Jul 23, 2002 | 188 | Apr 22, 2003 | 478 |
| -20.36% | Oct 19, 2007 | 64 | Jan 22, 2008 | 77 | May 12, 2008 | 141 |
Volatility
Volatility Chart
The current Fidelity Leveraged Company Stock Fund volatility is 5.26%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.