FAQs
This fund carries a 5-year annualized total return of 17.27%, and is in the top third among its category peers. Investors who prefer analyzing shorter time frames should look at its 3-year annualized total return of 12.79%, which places it in the top third during this time-frame.
Is the contrafund better than the S&P 500? ›
The fund's Retail Class shares gained 25.63%, handily topping the 15.29% advance of the benchmark, the S&P 500® index, and the 17.60% result of the peer group average. For the trailing 12 months, the fund gained 39.83%, versus 24.56% for the benchmark and 29.15% for the peer average.
Is FCNTX a good retirement fund? ›
Overall Rating. Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1083 funds within its Morningstar Category.
What kind of fund is FCNTX? ›
About FCNTX
The Fidelity Contrafund is a growth and value stock fund that focuses on generating capital gains rather than income. The fund is the "largest solely managed active equity mutual fund in the world," according to Fidelity.
Is FCNTX a buy or sell? ›
Is FCNTX a Buy, Sell or Hold? Fidelity Contra Fund has a consensus rating of Strong Buy which is based on 260 buy ratings, 45 hold ratings and 0 sell ratings.
Why did Fidelity Contrafund drop? ›
One substantial disadvantage drove the rating downgrade for this otherwise excellent fund, says Morningstar's analyst. Fidelity Contrafund FCNTX remains excellent, but its colossal asset base is a substantial disadvantage and warrants a Morningstar Analyst Rating downgrade to Silver from Gold.
Does FCNTX pay dividends? ›
FCNTX pays a dividend of $0.01 per share. FCNTX's annual dividend yield is 0.04%. When is Fidelity Contra Fund ex-dividend date? Fidelity Contra Fund's previous ex-dividend date was on Feb 16, 2024.
What are the top 10 holdings in Fidelity Contrafund? ›
Top 10 Holdings (56.60% of Total Assets)
- META. Meta Platforms, Inc. 13.89%
- BRK.A. BRK.A 8.78%
- NVDA. NVIDIA Corporation 8.23%
- AMZN. Amazon.com, Inc. 6.38%
- MSFT. Microsoft Corporation 6.25%
- AAPL. Apple Inc. 3.47%
- LLY. Eli Lilly and Company 2.98%
- GOOGL. Alphabet Inc. 2.50%
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.
What is the average annual return for FCNTX? ›
Performance Overview
| Morningstar Return Rating | -- |
|---|
| YTD Return | 23.27% |
| 5y Average Return | 17.11% |
| Number of Years Up | 42 |
| Number of Years Down | 14 |
4 more rowsThe strategy has a phenomenal long-term record under Will Danoff, who has managed it since September 1990.
How does FCNTX work? ›
It invests in securities of companies whose value the advisor believes is not fully recognized by the public. The fund invests in domestic and foreign issuers. It invests in either "growth" stocks or "value" stocks or both.
Is Contrafund still a good buy? ›
Fidelity Contrafund (FCNTX) is a potential starting point. FCNTX carries a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on various forecasting factors like size, cost, and past performance. FCNTX is part of the Large Cap Growth section, and this segment boasts an array of other possible options.
Is FCNTX a no load fund? ›
In terms of fees, FCNTX is a no load fund. It has an expense ratio of 0.40% compared to the category average of 0.95%. From a cost perspective, FCNTX is actually cheaper than its peers.
What is the rate of return on Fidelity Contra Fund? ›
| Return Type | 1 Yr | Life |
|---|
| FUND Fidelity® Contrafund® | 38.78% | 12.96% |
| PRIMARY BENCHMARK S&P 500 Close | 27.14% | -- |
| MORNINGSTAR CATEGORY AVERAGE Large Growth Close | 28.28% | -- |
| Rank in Morningstar Category | 3% | -- |
1 more rowContra Funds are considered riskier investments compared to other safe options like Large Cap funds and debt instruments. They have a higher level of volatility since they contradict conventional market practices.
When should I invest in contra fund? ›
When underperforming equities recover, prudent contrarian investing can deliver substantial rewards. Contra Mutual funds may be a sensible choice for long-term investors looking for value that may take time to emerge.
What is the rate of return on Fidelity Contrafund? ›
| Return Type | 1 Yr | Life |
|---|
| FUND Fidelity® Contrafund® | 38.78% | 12.96% |
| PRIMARY BENCHMARK S&P 500 Close | 27.14% | -- |
| MORNINGSTAR CATEGORY AVERAGE Large Growth Close | 28.28% | -- |
| Rank in Morningstar Category | 3% | -- |
1 more rowFidelity ETF List
| Name | Ticker | Total Return YTD |
|---|
| Fidelity High Dividend ETF | FDVV | 16.20% |
| Fidelity MSCI Information Tech ETF | FTEC | 10.70% |
| Fidelity Stocks for Inflation ETF | FCPI | 16.33% |
| Fidelity U.S. Multifactor ETF | FLRG | 15.01% |
21 more rows