FDFFX: Fidelity® Independence

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FDFFX Fidelity® Independence


Profile

FDFFX - Profile

Vitals

  • YTD Return -15.5%
  • 3 Yr Annualized Return -4.7%
  • 5 Yr Annualized Return -5.4%
  • Net Assets $3.68 B
  • Holdings in Top 10 27.9%

52 WEEK LOW AND HIGH

$30.94
$27.25
$40.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.67%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 100.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification


Distributions

  • YTD Total Return -15.5%
  • 3 Yr Annualized Total Return -0.6%
  • 5 Yr Annualized Total Return -1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.54%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® Independence Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Mar 25, 1983
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Sammy Simnegar

Fund Description

The fund invests primarily in common stocks. It invests in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments.


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Categories

Fund Company Quick Screens

Performance

FDFFX - Performance

Return Ranking - Trailing

Period FDFFX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.5% -79.9% 5.0% 39.39%
1 Yr -12.5% -80.4% 33.2% 61.66%
3 Yr -4.7%* -50.7% 20.8% 73.25%
5 Yr -5.4%* -39.5% 13.6% 79.13%
10 Yr 3.7%* -19.9% 14.9% 57.86%

* Annualized

Return Ranking - Calendar

Period FDFFX Return Category Return Low Category Return High Rank in Category (%)
2019 18.7% -67.9% 49.9% 76.40%
2018 -17.3% -65.5% 13.4% 75.02%
2017 11.4% -46.3% 52.2% 82.45%
2016 -6.9% -43.3% 15.3% 80.98%
2015 -6.7% -38.0% 11.4% 70.16%

Total Return Ranking - Trailing

Period FDFFX Return Category Return Low Category Return High Rank in Category (%)
YTD -15.5% -79.9% 5.0% 39.39%
1 Yr -12.5% -80.4% 33.2% 61.66%
3 Yr -0.6%* -50.7% 20.8% 72.15%
5 Yr -1.8%* -39.5% 14.7% 82.61%
10 Yr 6.3%* -19.9% 14.9% 68.43%

* Annualized

Total Return Ranking - Calendar

Period FDFFX Return Category Return Low Category Return High Rank in Category (%)
2019 18.7% -67.9% 49.9% 76.48%
2018 -17.3% -65.5% 16.5% 83.08%
2017 26.4% -28.2% 52.2% 46.50%
2016 -1.2% -43.3% 17.1% 74.73%
2015 -6.2% -38.0% 17.3% 85.91%

NAV & Total Return History


Holdings

FDFFX - Holdings

Concentration Analysis

FDFFX Category Low Category High FDFFX % Rank
Net Assets 3.68 B 974 K 188 B 27.91%
Number of Holdings 91 1 2058 28.21%
Net Assets in Top 10 1.12 B 433 K 63 B 32.84%
Weighting of Top 10 27.92% 11.6% 100.0% 90.15%

Top 10 Holdings

  1. Microsoft Corp 5.49%
  2. Apple Inc 4.84%
  3. Amazon.com Inc 3.82%
  4. Facebook Inc A 2.34%
  5. JPMorgan Chase & Co 2.18%
  6. Visa Inc Class A 2.08%
  7. Alphabet Inc Class C 1.88%
  8. Mastercard Inc A 1.85%
  9. Alphabet Inc A 1.82%
  10. UnitedHealth Group Inc 1.64%

Asset Allocation

Weighting Return Low Return High FDFFX % Rank
Stocks
98.44% 83.84% 103.67% 55.30%
Cash
1.44% -3.81% 16.16% 41.19%
Other
0.07% -1.23% 4.36% 13.13%
Preferred Stocks
0.05% 0.00% 3.86% 10.37%
Convertible Bonds
0.00% 0.00% 0.01% 72.84%
Bonds
0.00% 0.00% 3.92% 74.25%

Stock Sector Breakdown

Weighting Return Low Return High FDFFX % Rank
Technology
27.61% 8.17% 54.73% 55.60%
Financial Services
13.23% 0.00% 38.34% 40.67%
Industrials
12.58% 0.00% 24.88% 10.30%
Consumer Cyclical
10.78% 0.31% 52.42% 77.69%
Healthcare
10.69% 0.00% 51.84% 87.76%
Communication Services
9.64% 0.00% 32.90% 78.36%
Real Estate
6.56% 0.00% 12.72% 2.16%
Basic Materials
3.74% 0.00% 10.75% 11.87%
Consumer Defense
2.86% 0.00% 19.92% 70.37%
Utilities
2.32% 0.00% 8.79% 12.16%
Energy
0.00% 0.00% 6.79% 88.13%

Stock Geographic Breakdown

Weighting Return Low Return High FDFFX % Rank
US
96.62% 78.13% 102.76% 27.69%
Non US
1.82% 0.00% 19.16% 73.58%

Expenses

FDFFX - Expenses

Operational Fees

FDFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.01% 24.73% 85.08%
Management Fee 0.52% 0.00% 1.40% 22.95%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

FDFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FDFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FDFFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 100.00% 0.00% 807.00% 88.99%

Distributions

FDFFX - Distributions

Dividend Yield Analysis

FDFFX Category Low Category High FDFFX % Rank
Dividend Yield 0.00% 0.00% 28.54% 74.29%

Dividend Distribution Analysis

FDFFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

FDFFX Category Low Category High FDFFX % Rank
Net Income Ratio 0.54% -2.06% 2.43% 22.36%

Capital Gain Distribution Analysis

FDFFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FDFFX - Fund Manager Analysis

Managers

Sammy Simnegar


Start Date

Tenure

Tenure Rank

Feb 22, 2019

1.02

1.0%

Sammy Simnegar is a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 52.19 8.09 0.83