Fidelity Growth Company Fund

Fidelity Mt. Vernon Street Trust · Series S000007119 · 2 share classes

Equity fund · 100% stocks
One fund, 2 share classes:FDGRXFGCKX
$82.48B NAV
610 positions · as of 2026-02-28 · filed 2026-04-24
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q1

Fidelity Growth Company Fund seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in common stocks of growth companies, which the adviser identifies through fundamental analysis using criteria such as above-median earnings or sales growth, elevated research and development spending relative to administrative costs, or capital-raising activity. The fund holds both domestic and foreign securities. Because security selection depends on the adviser's assessment of individual company growth potential, fund performance will diverge from any broad market benchmark.

Expenses
0.62% 0.69%across 2 share classes
Share classExpense ratio
FDGRX0.69%
FGCKX0.62%

Portfolio turnover 16.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

100.37%
of net assets
Stocks99.85%
Cash & short-term0.46%
Bonds0.06%

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 63 new50 exited

Largest new: NKTR, MEESHO, DMRA, MDLN, DE, MANE, ODFL, WAVE LIFE SCIENCES LTD

Largest exited: X.AI HOLDINGS CORP ×3, ARCELLX INC, MEESHO, JANX, FUTU HOLDINGS LTD, TRIP.COM GROUP LTD

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Mar 2023 – Feb 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-02-28

Avg coupon
0.07%
Avg maturity
1.12 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

35%
floating
Fixed rate65.1%
Floating rate34.9%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y10y+
<1y49.5%
1-3y45.4%
10y+5.1%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: 40.73% · $21.38M · 2 positions

These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CORPNVDA15.68%$12.94B
APPLE INCAAPL7.63%$6.29B
MICROSOFT CORPMSFT6.07%$5.01B
AMAZON.COM INCAMZN4.80%$3.96B
ALPHABET INCGOOGL4.33%$3.57B
META PLATFORMS INCMETA3.47%$2.86B
SANDISK CORPSNDK3.47%$2.86B
CIENA CORPCIEN2.89%$2.38B
ALPHABET INCGOOG2.85%$2.35B
ELI LILLY and COLLY2.40%$1.98B
Showing 10 of 610Sign in to see more

Top 10 positions are 53.59% of net assets, top 25 69.36%, across 476 issuers.

See more of this fund's book

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