FAQs
Morningstar has downgraded the $124bn Fidelity Contrafund, arguing the strategy's 'colossal asset base is a substantial disadvantage. ' That's how Morningstar analyst Robby Greengold put it in a Tuesday note explaining the fund's drop to silver from its highest gold rating.
Is Contrafund still a good buy? ›
Overall, Fidelity Contrafund ( FCNTX ) has a high Zacks Mutual Fund rank, and in conjunction with its comparatively strong performance, average downside risk, and lower fees, this fund looks like a good potential choice for investors right now.
What is the average return on Fidelity Contrafund? ›
Return Type | 1 Yr | 3 Yrs |
---|
FUND Fidelity® Contrafund® | 47.42% | 12.69% |
PRIMARY BENCHMARK S&P 500 Close Popover | 29.88% | 11.49% |
MORNINGSTAR CATEGORY AVERAGE Large Growth Close Popover | 36.45% | 7.95% |
Rank in Morningstar Category | 5% | 7% |
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Is Fidelity Contrafund better than the sp500? ›
Key Morningstar Metrics for Fidelity Contrafund
The fund's roughly 13% annualized gain over the past decade beat the S&P 500 (the fund's broad-market prospectus benchmark) and ranked among the best-performing third of funds in either the large-blend or large-growth Morningstar Categories.
Is Fidelity Contrafund closed to new investors? ›
Shares of the fund are only available for purchase by mutual funds for which FMR or an affiliate serves as investment manager. This fund is closed to new investors.
Which Fidelity fund has the highest return? ›
Fidelity Blue Chip Growth Fund (FBGRX)
One of Fidelity's top-performing funds, FBGRX is also one of its oldest. Dating back to 1987, FBGRX has managed to outperform the Russell 1000 Growth Index since inception, returning an annualized 12.9% versus 11.5%.
Is Fidelity Contrafund better than VTI? ›
Fidelity Contrafund K6 (FLCNX) has a higher volatility of 3.71% compared to Vanguard Total Stock Market ETF (VTI) at 3.19%. This indicates that FLCNX's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure.
What is the dividend for Contrafund in 2024? ›
Last dividend for Fidelity Contra Fund (FCNTX) as of April 19, 2024 is 0.08 USD. The forward dividend yield for FCNTX as of April 19, 2024 is 0.42%. Average dividend growth rate for stock Fidelity Contra Fund (FCNTX) for past three years is -17.24%.
What are the top 10 holdings in Fidelity Contrafund? ›
Fidelity Contrafund (FCNTX)
- META. Meta Platforms, Inc. 15.32%
- BRK.A. BRK.A 8.74%
- MSFT. Microsoft Corporation 6.73%
- AMZN. Amazon.com, Inc. 6.43%
- NVDA. NVIDIA Corporation 6.02%
- AAPL. Apple Inc. 3.36%
- LLY. Eli Lilly and Company 3.05%
- UNH. UnitedHealth Group Incorporated 2.65%
Does Fidelity Contrafund pay a dividend? ›
FLCNX pays a dividend of $0.03 per share. FLCNX's annual dividend yield is 0.18%.
Overall Rating
Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1111 funds within its Morningstar Category.
What is the Fidelity Contrafund strategy? ›
Fidelity® Contrafund® is an opportunistic, diversified equity strategy with a large-cap growth bias. Philosophically, we believe stock prices follow companies' earnings, and those companies that can deliver durable multiyear earnings growth provide attractive investment opportunities.
What is the best S&P 500 index fund on Fidelity? ›
Our recommendation for the best overall S&P 500 index fund is the Fidelity 500 Index Fund. With a 0.015% expense ratio, it's the cheapest on our list. And it doesn't have a minimum initial investment requirement, sales loads or trading fees.
What happens if Fidelity goes bust? ›
When you invest through a distributor like Fidelity, any cash held on your behalf is placed with a range of different banks in designated client bank accounts. As the cash is kept completely separate from Fidelity's own money, if we became insolvent it would be returned to you in an orderly manner.
When did Fidelity Contrafund split? ›
FCNTX - Fidelity Contrafund
Date | Open | Close* |
---|
Aug 10, 2018 | 10:1 Stock Split |
Aug 01, 2018 | 13.51 | 14.07 |
Jul 01, 2018 | 13.28 | 13.46 |
Jun 01, 2018 | 13.25 | 13.21 |
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Is my money safe at Fidelity? ›
Protecting your assets
With our Customer Protection Guarantee, we reimburse you for losses from unauthorized activity in your accounts. We also participate in asset protection programs such as FDIC and SIPC to help provide the best service possible.
Is FCNTX a good retirement fund? ›
Overall Rating. Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1111 funds within its Morningstar Category.
Is Fidelity Select Semiconductors portfolio a good investment? ›
Fidelity Select Semiconductors Portfolio's analyst rating consensus is a Strong Buy. This is based on the ratings of 28 Wall Streets Analysts.
What is the dividend for FCNTX 2024? ›
Last dividend for Fidelity Contra Fund (FCNTX) as of April 19, 2024 is 0.08 USD. The forward dividend yield for FCNTX as of April 19, 2024 is 0.42%. Average dividend growth rate for stock Fidelity Contra Fund (FCNTX) for past three years is -17.24%.
Is it safe to invest in JP Morgan? ›
JPMS is a broker dealer registered with, and regulated by, the SEC. In compliance with the SEC rules and regulations for the protection of customers, JPMS maintains all customers' Fully Paid and Excess Margin securities as required under Rule 15c3-3(b) of the Securities Exchange Act of 1934.