Fidelity Mid-Cap Stock (FMCSX – MF report) a Zacks Ranked #1 (Strong Buy) was incepted in March 29, 1994 and FMCSX seeks long-term growth of capital. FMCSX invests a lion’s share of assets in common stocks of companies with medium market capitalization (those with market capitalization similar to companies in the Russell Midcap Index or the S&P MidCap 400). FMCSX invests in companies with smaller or larger market capitalization throughout the globe. FMCSX also invests in either ‘growth’ stocks or ‘value’ stocks or both.
This Global-Equity fund, as of the last filing, allocates their fund in five major groups; Large Value, Small Growth, Large Growth, Small Value and Foreign Stock. Further, as of the last filing, Henry Schein, Inc, SL Green Realty Corp and United Rentals, Inc were the top holdings for FMCSX.
The Fidelity Mid-Cap Stock, managed by Fidelity, carries an expense ratio of 0.75. Moreover, FMCSX requires a minimal initial investment of $2,500.
FMCSX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 9.83%, 3 year 16.49%, and 5 year 13.11%. To see how this fund performed compared in its category, please click here.
FMCSX’s performance, as of the last filing, when compared to funds in its category was in the top 24% in 1 year, top 9% over the past 3 years, and in the 14% over the past 5 years.
