Brief Study of Fidelity Advisor Large Cap A Fund (FALAX)

FALAX

Fidelity Advisor Large Cap A Fund (FALAX - Free Report) seeks long-term growth of capital. This fund invests primarily in common stocks. The fund normally invests at least 80% of assets in securities of companies with large market capitalization (those with market capitalizations similar to companies in the Russell 1000 Index or the Standard and Poor's 500 Index (S&P 500)). The management also invests in 'growth' stocks or 'value' stocks, or a combination of both. 

This Large Cap Blend producthas a history of positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.3% and 5 year 14.7%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

The Fidelity Advisor Large Cap A Fund, as of the last filing, allocates their fund in top two major groups; Large Value and High Yield Bond. Further, as of the last filing, Microsoft Corp., Bank of America Corporation and Citigroup Inc were the top holdings for FALAX.

This Zacks Rank #2 (Buy) was incepted in February 1996 and is managed by Fidelity. FALAX carries an expense ratio of 0.92% and requires a minimal initial investment of $2,500.

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