FDVKX

About FDVKX

Fidelity Value Discovery K6 Fund is a large-cap, value-oriented mutual fund designed to seek long-term capital appreciation by investing predominantly in shares of U.S. companies considered undervalued relative to their intrinsic worth. The fund actively targets firms experiencing significant price dislocations, aiming to capture their potential as market valuations revert toward fundamental fair value. The investment approach emphasizes purchasing companies with robust financial health, high returns on invested capital, and durable competitive advantages—often described as economic moats—that protect their market positions. The portfolio is typically diversified across sectors, with notable allocations to financial services, energy, healthcare, and technology. The fund maintains a disciplined focus on risk management, seeking to limit volatility through quality selection and maintaining a beta generally lower than its benchmark, the Russell 3000 Value Index. By prioritizing capital preservation alongside upside opportunity, Fidelity Value Discovery K6 Fund serves investors seeking exposure to established, high-quality businesses with attractive valuations and stable cash flow profiles within the large value equity space.