Morningstar

Fidelity Advisor Value Discovery Fund - Class M FVDLX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 38.18  /  +0.18 %
  • Total Assets 3.7B
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.97%
  • Turnover 92%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FVDLX

Will FVDLX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FVDLX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FVDLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FVDLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

More faith in the playbook than the team.

Principal Robby Greengold

Robby Greengold

Principal

Summary

Fidelity Value Discovery’s defensive, valuation-driven approach still has merit. But rather than displaying exceptionalism, the team behind it now looks closer to the industry norm. Its People Pillar is downgraded to Average from Above Average.

by Robby Greengold
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FVDLX

More FVDLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Amazon.com Inc

6.77 292M
Consumer Cyclical

Microsoft Corp

5.58 241M
Technology

Apple Inc

3.76 162M
Technology

ExxonMobil Holdings Corp

3.41 147M
Energy

Bank of America Corp

2.57 111M
Financial Services

Merck & Co Inc

2.52 109M
Healthcare

The Travelers Companies Inc

2.00 86M
Financial Services

Keurig Dr Pepper Inc

2.00 86M
Consumer Defensive

ConocoPhillips

1.91 82M
Energy

Shell PLC ADR (Representing - Ordinary Shares)

1.78 77M
Energy

Sponsor Center