FFNPX: Fidelity® Flex Intrinsic Opps

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FFNPX Fidelity® Flex Intrinsic Opps


Profile

FFNPX - Profile

Vitals

  • YTD Return -21.9%
  • 3 Yr Annualized Return -2.0%
  • 5 Yr Annualized Return N/A
  • Net Assets $16.8 M
  • Holdings in Top 10 27.3%

52 WEEK LOW AND HIGH

$9.44
$8.00
$12.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

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

BROKERAGE FEES

  • Turnover 27.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -21.9%
  • 3 Yr Annualized Total Return -1.1%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 2.56%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity® Flex Intrinsic Opportunities Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Mar 08, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joel Tillinghast

Fund Description

The fund normally invests primarily in common stocks. It invests in securities of companies that the advisor believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry. The fund invests in domestic and foreign issuers. The advisor using 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

FFNPX - Fund Company Quick Screens


Performance

FFNPX - Performance

Return Ranking - Trailing

Period FFNPX Return Category Return Low Category Return High Rank in Category (%)
YTD -21.9% -50.1% 23.7% 85.55%
1 Yr -17.6% -59.6% 25.2% 68.61%
3 Yr -2.0%* -33.2% 17.0% 31.93%
5 Yr N/A* -22.9% 14.0% N/A
10 Yr N/A* -9.9% 13.5% N/A

* Annualized

Return Ranking - Calendar

Period FFNPX Return Category Return Low Category Return High Rank in Category (%)
2019 13.5% -22.7% 66.4% 77.30%
2018 -9.4% -64.5% 6.7% 7.24%
2017 N/A -38.9% 80.9% N/A
2016 N/A -23.9% 25.7% N/A
2015 N/A -45.6% 13.2% N/A

Total Return Ranking - Trailing

Period FFNPX Return Category Return Low Category Return High Rank in Category (%)
YTD -21.9% -50.1% 23.7% 85.55%
1 Yr -17.6% -59.6% 25.2% 68.61%
3 Yr -1.1%* -27.5% 17.0% 39.58%
5 Yr N/A* -22.9% 14.0% N/A
10 Yr N/A* -9.7% 14.8% N/A

* Annualized

Total Return Ranking - Calendar

Period FFNPX Return Category Return Low Category Return High Rank in Category (%)
2019 13.5% -22.2% 66.4% 77.30%
2018 -8.3% -64.5% 6.7% 14.97%
2017 N/A -20.0% 80.9% N/A
2016 N/A -23.9% 32.0% N/A
2015 N/A -45.6% 13.2% N/A

NAV & Total Return History


Holdings

FFNPX - Holdings

Concentration Analysis

FFNPX Category Low Category High FFNPX % Rank
Net Assets 16.8 M 21.4 K 37.4 B 80.84%
Number of Holdings 551 1 8442 2.49%
Net Assets in Top 10 3.51 M 21.3 K 29.7 B 91.59%
Weighting of Top 10 27.32% 9.0% 109.6% 89.77%

Top 10 Holdings

  1. Anthem Inc 5.39%
  2. Amgen Inc 3.45%
  3. ITOCHU Corp 3.34%
  4. JD Sports Fashion PLC 2.69%
  5. MetLife Inc 2.64%
  6. The Western Union Co 2.48%
  7. UnitedHealth Group Inc 2.03%
  8. Best Buy Co Inc 1.88%
  9. Lear Corp 1.74%
  10. Synchrony Financial 1.68%

Asset Allocation

Weighting Return Low Return High FFNPX % Rank
Stocks
95.07% 0.00% 259.02% 25.67%
Cash
4.90% -100.34% 17.48% 24.75%
Preferred Stocks
0.03% 0.00% 11.33% 35.71%
Other
0.00% -40.50% 73.59% 71.36%
Convertible Bonds
0.00% 0.00% 6.82% 70.09%
Bonds
0.00% -235.37% 98.52% 77.59%

Stock Sector Breakdown

Weighting Return Low Return High FFNPX % Rank
Healthcare
23.62% 0.00% 54.60% 1.80%
Consumer Cyclical
21.06% 0.00% 32.90% 1.74%
Financial Services
18.48% 0.00% 48.61% 15.31%
Industrials
11.08% 0.00% 45.85% 58.58%
Energy
6.78% 0.00% 85.32% 11.14%
Consumer Defense
5.76% 0.00% 29.68% 80.39%
Technology
5.46% 0.00% 51.17% 91.65%
Communication Services
3.78% 0.00% 35.16% 87.82%
Utilities
2.16% 0.00% 73.52% 83.24%
Basic Materials
1.63% 0.00% 36.84% 89.68%
Real Estate
0.18% 0.00% 41.68% 95.24%

Stock Geographic Breakdown

Weighting Return Low Return High FFNPX % Rank
US
52.17% -0.03% 77.44% 62.55%
Non US
42.90% 0.00% 199.70% 20.99%

Expenses

FFNPX - Expenses

Operational Fees

FFNPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.01% 45.88% 100.00%
Management Fee 0.00% 0.00% 1.50% 2.87%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

FFNPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FFNPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 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.

FFNPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 0.00% 2053.00% 44.46%

Distributions

FFNPX - Distributions

Dividend Yield Analysis

FFNPX Category Low Category High FFNPX % Rank
Dividend Yield 0.00% 0.00% 35.52% 17.94%

Dividend Distribution Analysis

FFNPX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Semi-Annually Annually

Net Income Ratio Analysis

FFNPX Category Low Category High FFNPX % Rank
Net Income Ratio 2.56% -7.55% 13.14% 10.57%

Capital Gain Distribution Analysis

FFNPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Monthly Annually Semi-Annually Semi-Annually

Dividend Payout History

View More +

Fund Manager Analysis

FFNPX - Fund Manager Analysis

Managers

Joel Tillinghast


Start Date

Tenure

Tenure Rank

Mar 08, 2017

3.07

3.1%

Joel Tillinghast is a portfolio manager for Fidelity Investments. He joined Fidelity Investments in 1986 as an equity analyst covering the tobacco, coal, natural gas, personal care products, and appliance industries. He later served as portfolio assistant on Fidelity OTC Portfolio, a fund available to U.S. investors. Mr. Tillinghast received a Bachelor of Arts degree in economics from Wesleyan University, in Connecticut, and an MBA from the Kellogg School of Management at Northwestern University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 37.6 4.82 0.25