Fidelity Value Fund
Fidelity Capital Trust · 2 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Fidelity Value Fund is an actively managed U.S. equity fund. 16% of FDVLX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 83% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q4
Fidelity Value Fund seeks capital appreciation.
The fund invests at least 80% of assets in common stocks of companies the adviser identifies as undervalued using metrics such as free cash flow yield, enterprise value relative to earnings, and price-to-book or price-to-earnings ratios compared to market medians. The portfolio focuses on medium-sized companies but may hold substantially larger or smaller firms, and includes both domestic and foreign issuers selected through fundamental analysis of financial condition and industry position. Because security selection depends on the adviser's valuation assessments, fund performance will diverge from any benchmark.
| Share class | Expense ratio |
|---|---|
| FDVLX | 0.68% |
| FVLKX | 0.60% |
Portfolio turnover 67.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.30% |
| Cash & short-term | 2.80% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Industrials | 21.7% |
| Financials | 14.7% |
| International | 12.4% |
| Information Technology | 9.9% |
| 9 smaller | 41.3% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +40.47% | +65.97% | +65.96% | 14.83% | -15.74% | |
| +40.62% | +66.52% | +66.85% | 14.91% | -15.69% |
These classes hold the same portfolio, so the 0.90pp spread over 5 years is the cost difference between them — roughly 0.18pp a year — not a difference in what they own.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| WDC | WESTERN DIGITAL CORPWDC | 3.04% | $434.52 | $294.47M | 677.7K |
| — | Fidelity Revere Street Trust | 2.15% | — | $208.12M | — |
| SNDK | SANDISK CORPSNDK | 1.43% | $1,096.51 | $138.39M | 126.2K |
| PCG | PG and E CORPPCG | 1.28% | $16.62 | $123.77M | 7.4M |
| IRM | IRON MOUNTAIN INCIRM | 1.18% | $125.99 | $114.74M | 910.7K |
| SSNC | SS and C TECHNOLOGIES HLDGS INCSSNC | 0.97% | $69.30 | $93.98M | 1.4M |
| DAL | DELTA AIR LINES INCDAL | 0.93% | $67.99 | $89.73M | 1.3M |
| APO | APOLLO GLOBAL MANAGEMENT, INCAPO | 0.92% | $128.72 | $89.56M | 695.8K |
| EQIX | EQUINIX INCEQIX | 0.92% | $1,082.83 | $89.12M | 82.3K |
| ES | EVERSOURCE ENERGYES | 0.92% | $70.70 | $89.05M | 1.3M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 13.72% of net assets, top 25 25.47%, across 207 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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