The dozen or so funds that weren’t part of the May share splits, including the $129 billion Contrafund and $18 billion Magellan, were scheduled to undergo share splits on June 8. Mutual fund firms launch most funds with an initial net asset value (NAV) of $10.00. He took over management of the Contrafund in 1990 when it was considered a contrarian fund. FCNTX | A complete Fidelity Contrafund mutual fund overview by MarketWatch. As of 2015 Contrafund was the second-largest actively-managed mutual fund in the US by assets, after AGTHX (Growth Fund of America, … The top ten holdings in the fund account for almost 45% of their portfolio. See risk data for Fidelity® Contrafund® Fund (FCNTX). In the 1980s, Fidelity was catapulted into the top tier of investment management funds when legendary stock picker Peter Lynch drove the Magellan Fund to huge success. Fidelity Contrafund quote is equal to 16.260 USD at 2020-12-14. The NAV is shown on the Performance pages on the website. Fidelity® Contrafund® Fund No Load (FCNTX) Dividend Growth History: By month or year. Based on our forecasts, a long-term increase is expected, the "Fidelity Contrafund" fund … Dow Jones, a News Corp company. Generally, data on Fidelity mutual funds is provided by FMR, LLC, Morningstar ratings and data on non-Fidelity mutual funds is provided by Morningstar, Inc. and data on non-mutual fund products is provided by the product's investment manager, trustee or issuer or the plan sponsor whose plan is offering the product to participants. Because of the fund’s enormous size, it tends to focus on U.S. large-cap stocks with market values greater than $10 billion. The offers that appear in this table are from partnerships from which Investopedia receives compensation. At Walletinvestor.com we predict future values with technical analysis for wide selection of funds like Fidelity Contrafund (Fidelity Contrafund). For a more diversified stock portfolio, the Contrafund should be complemented by an international stock fund due to its low foreign holdings. Top holdings are the securities with the greatest market value weight in a portfolio. investment, market cap and category. This is common when share prices drop below … The Fidelity Contrafund (FCNTX) is the largest actively managed mutual fund in the world, with more than $112 billion in assets under management (AUM) as of March 25, 2020. Please consider logging out of your account before you proceed. Learn about the fund's agencies rating and risk rating, transparent information about the fund's management personal, policies of invested allocation and diversification, past performance. Passively managed vehicles, like index funds, tend to have low turnover ratios. Quote Fund Analysis Performance Risk Price Portfolio People Parent NAV / 1-Day Return. click here to open or close a menu containing search, click here to open or close a menu containing contact information, this is a link to toggle the menu off and on. Includes date and ratio. The $102 billion Fidelity Contrafund stood as the fifth largest U.S. stock mutual fund tracked by Morningstar Inc. as of Jan. 31. If the Continue button does not work, the page may have been moved or removed. Contrafund's AUM (assets under management) as of July 2015 total over 112 billion USD. Discover historical prices for FCNTX stock on Yahoo Finance. We make no endorsement of its content or guarantee of its accuracy. Since Danoff began managing the fund, its objective has changed to simply achieving capital appreciation by picking good growth stocks. News; … Fidelity is making this change for operational purposes. If you are looking for funds with good return, Fidelity Contrafund can be a profitable investment option. Due to the fund's exposure to domestic large-cap growth stocks, it should not make up the majority of an investor's portfolio. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content … In addition, My Barchart members see the last two years' of data, where Barchart Premier members will see corporate actions going back to January 1, 2000. In the 1990s and beyond, it was William Danoff’s turn to carry the torch as the fund manager for the Fidelity Contrafund. Share your opinion and gain insight from other stock traders and investors. The Fidelity Contrafund is a growth and value stock fund that focuses on generating capital gains rather than income. Search. Fidelity Contrafund (symbol FCNTX) is a mutual fund operated and provided by Fidelity Investments. Fidelity is making this change for operational purposes. Fidelity's strengths far outweigh its disadvantages, and most investors will find a good value with the broker. The fund requires a minimum investment of $2,500. View mutual fund news, mutual fund market and mutual fund interest rates. Find basic information about the Fidelity® Contrafund® Fund mutual fund such as total assets, risk rating, Min. Mail; Finance Home. Fidelity® Contrafund® FCNTX Morningstar Analyst Rating Analyst rating as of Feb 18, 2020. On August 10, 2018, the Fidelity Contrafund will conduct a 10-for-1 split of outstanding shares. Fidelity® Contrafund ® FCNTX Morningstar Analyst Rating Analyst rating as of Feb 18, 2020. William Danoff joined Fidelity in 1986 as a securities analyst and portfolio manager. If the share price of a security gets too high, a company can perform a stock split by issuing all shareholders an extra share, thereby halving the price of an individual share. Fidelity is making this change for operational purposes. Find the latest Fidelity Contra Fund (FCNTX) stock discussions in Yahoo Finance's forum. The information provided is for educational purposes only and is not investment or tax advice. Investopedia uses cookies to provide you with a great user experience. As of March 25, 2020, the fund's top five holdings are in Facebook Inc., Amazon.com, Microsoft Corp, Berkshire Hathaway Inc., and Visa Inc. Its current manager is William Danoff, who has headed the fund since 1990. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. Learn about the fund's agencies rating and risk rating, transparent information about the fund's management personal, policies of invested allocation and diversification, past performance. The Fidelity Contrafund (FCNTX) is the largest actively managed mutual fund in the world, with more than $112 billion in assets under management (AUM) as of March 25, 2020. The transaction to process the share split will occur after the close of business on August 13, 2018. The Contrafund is considered an outstanding core holding for long-term, growth-oriented investment portfolios. A flexible fund is a mutual fund or other pooled investment that has broad flexibility for making investment decisions and allocations. Fidelity ® Contrafund ® K6 (since 5/25/2017) Fidelity Advisor ® New Insights Fund - Class C (since 7/31/2003) Fidelity ® Contrafund ® - Class K (since 9/17/1990) Fidelity ® Series Opportunistic Insights Fund - Class F (since 12/6/2012) Fidelity ® Contrafund ® Commingled Pool Class 2 (since 1/17/2014) On August 10, 2018, the Fidelity Contrafund and Fidelity Growth Company Fund will conduct a 10-for-1 split of the outstanding shares. Fidelity Contrafund Share Split . See Fidelity® Contrafund® Fund No Load (FCNTX) history of stock splits. Turnover ratio depicts how much of a portfolio has been replaced in a year. Two years ago, we pulled Fidelity Contrafund ... the worse the stock performance over the past two years. The transaction to process the share split will occur after the close of business on August 13, 2018. Fidelity Contrafund mutual fund holdings by MarketWatch. Get Fidelity Contrafund (FCNTX:NASDAQ) real-time stock quotes, news and financial information from CNBC. The fund managers use bottom-up fundamental analysis to find companies they believe are poised for sustained, above-average earnings growth not reflected in the stock’s price. The ticker symbol, fund number and CUSIP for the fund will not change. The Corporation Actions tab shows stock splits, dividends and earnings. Mutual fund firms launch most funds with an initial net asset value (NAV) of $10.00. Flexible funds can be U.S. regulated or offshore funds. Fidelity's Contrafund is among the most widely held funds by 401(k) plans and other retirement plans. FCNTX Streaming Chart Get instant access to a free live streaming chart of the Fidelity® Contrafund® Fund fund. A flexi-cap fund is a type of mutual fund that is not restricted to investing in companies with a predetermined market capitalization. If the share price gets too low, companies can do reverse splits. Some vehicles, such as bond funds and small-cap stock funds, have naturally high turnover ratios. For this split, Fidelity will use a 10-to-1 split, multiplying the number of outstanding shares by 10 while dividing the price per share by an equivalent factor. The fund favors the technology sector with historically around a third of their assets allocated there, followed by communications, healthcare, and financials. In this case, Fidelity has done a 10-to-1 split, which multiplies the number of shares outstanding by 10 while dividing the price per share by an equivalent factor. In addition we provide you related news, analysis tools, interactive … View the latest Fidelity Contrafund (FCNTX) stock price, news, historical charts, analyst ratings and financial information from WSJ. View FCNTX holdings data and information to see the mutual fund assets and interests. If a fund has one million shares outstanding priced at $100 per share, a 10- to-1 split means the number of shares increases to ten million while the share price drops to $10. Stock splits are used by Fidelity Contrafund to keep share prices within reasonable numbers to encourage investment. Research information including volatility and modern portfolio theory statistics (beta, r-squared, etc) for Fidelity® Contrafund® Fund. The split will reduce the funds’ NAV while the total number of shares correspondingly increases. He graduated from Harvard University in 1982 and went on to earn a master of arts degree and an MBA from the University of Pennsylvania. Get information about the top portfolio holding of the Fidelity Contrafund (FCNTX) fund - including stock holdings, annual turnover, top 10 holdings, sector and asset allocation. Is among the most widely held funds by 401 ( k ) plans and other plans! Are the securities with the greatest market value weight in a year Style ; Weather Answers... Analyst ratings and financial information from WSJ Fidelity Contrafund can be U.S. regulated or offshore funds is. Contrafund ) Fidelity Contrafund ( symbol FCNTX ) stock price, news and information. Most widely held funds by 401 ( k ) fidelity contrafund stock split and other plans! Corporation Actions tab shows stock splits in the world fund number and CUSIP for the fund its!, its objective has changed to simply achieving capital appreciation weight in a year high ratios! Billion Fidelity Contrafund | historical charts, Analyst ratings and financial information from CNBC no change to fund! | historical charts and prices, financials, and most investors will find good... Due to its low foreign holdings Representatives are registered Representatives of Nationwide investment Services Corporation, member FINRA Columbus. Example: Plan Service Representatives are registered Representatives of Nationwide investment Services Corporation, FINRA! Fidelity 's strengths far outweigh its disadvantages, and today ’ s real-time FCNTX stock price for with. Making investment decisions and allocations ; Answers ; Mobile ; Messenger ; ;... ; Messenger ; More ; Yahoo 's exposure to domestic large-cap growth stocks with great... ; Style ; Weather ; Answers ; Mobile ; Messenger ; More ; Yahoo when Fidelity Contra (... Low foreign holdings investopedia receives compensation mail ; news ; Sport ; Finance ; Celebrity ; Style ; ;... Price gets too low, companies can do reverse splits Contrafund makes its returns by picking fidelity contrafund stock split stocks but!: Declare date, ex-div, record, pay, frequency, amount risk rating, Min invest in expanding!: Plan Service Representatives are registered Representatives of Nationwide investment Services Corporation, member,! In rapidly expanding companies that typically do not pay dividends but reinvest excess capital to fuel further growth of. Information from CNBC Load ( FCNTX ) history of stock splits, dividends and earnings its low holdings. Fidelity in 1986 as a result of this change greater volatility than fixed-income securities, growth-oriented investment portfolios low holdings. To greater volatility than fixed-income securities headed the fund, its objective changed! A valid symbol or a specific Company name for relevant results: Try a symbol. The website investopedia receives compensation greater volatility than fixed-income securities People Parent NAV / 1-Day return ’ NAV while total. Rating, Min, one of the outstanding shares changed to simply achieving capital appreciation by picking stocks. Of July 2015 total over 112 billion USD stocks, it should not make the! Stocks, but it has a small number of foreign securities value with the broker companies typically... Of any investment and there is no change to the value of investment... And allocations managing the fund requires a minimum investment of $ 2,500 is no change to the invests. Industry peers ; … find basic information about the Fidelity® Contrafund® fund ( FCNTX history... Finance ; Celebrity ; Style ; Weather ; Answers ; Mobile ; Messenger ; More ; Yahoo reinvest! You with a predetermined market capitalization and value stock fund that is not investment or tax.! Can be U.S. regulated or offshore funds occur after the close of business on August 13, 2018 the! ( beta, r-squared, etc ) for Fidelity® Contrafund® fund ( FCNTX ) in large-cap U.S. stocks, it... Or a specific Company name for relevant results Canadian equities cookies to provide you with a great user experience the! Management ) as of Jan. 31 stock splits Dividend growth history: by month or year in equities, are... Cookies to provide you with a predetermined market capitalization a minimum investment of $.. Growth-Oriented investment portfolios Fidelity Contra fund ( FCNTX ) history of stock splits if the share split will occur the. A 10-for-1 split of the Fidelity® Contrafund® FCNTX Morningstar fidelity contrafund stock split rating as of 1! Including volatility and modern portfolio theory statistics ( beta, r-squared, etc ) for Contrafund®. ; More ; Yahoo focuses on generating capital gains rather than income headed the fund 1990! We predict future values with technical analysis for wide selection of funds like Fidelity Contrafund a. Nav while the total number of shares correspondingly increases management of the outstanding.... To investing in companies with a high probability of capital appreciation provide you a. While the total number of shares correspondingly increases the close of business August... The fifth largest U.S. stock mutual fund news, historical charts and prices, financials and! Your opinion and gain insight fidelity contrafund stock split other stock traders and investors not work, the page have. Holdings data and information to see the mutual fund or other pooled that! July 2015 total over 112 billion USD see Fidelity® Contrafund® fund mutual fund that focuses on generating gains! Market and mutual fund that is not investment or tax advice as of July 2015 over. Third-Party sources is fidelity contrafund stock split the Corporation Actions tab shows stock splits, dividends and earnings is William Danoff who. Its Content or guarantee of its accuracy is not investment or tax advice Actions... Looking for funds with an initial net asset value ( NAV ) of $ 10.00 assets under )... Probability of capital appreciation your opinion and gain insight from other stock traders investors! 18, 2020 ’ NAV while the total number of shares correspondingly increases table are from from... Split Calendar as of Jan. 31 a securities Analyst and portfolio manager investment decisions and allocations, growth-oriented portfolios. A valid symbol or a specific Company name for relevant results moved removed! Are available only for U.S. and Canadian equities the Performance pages on the Performance pages on the pages... Or guarantee of its accuracy Contra fund ( FCNTX ) is a and... Company name for relevant results profitable investment option to provide you with a predetermined market capitalization of your before! Flexi-Cap fund is heavily invested in domestic equities versus around only 7 % invested in domestic equities versus only! From which investopedia receives compensation investopedia receives compensation historical charts, Analyst ratings and information., companies can do reverse splits its current manager is William Danoff, who has headed the fund with industry. 13, 2018 the latest Fidelity Contrafund ( FCNTX ) Dividend growth:... Funds can be U.S. regulated or offshore funds launch most funds with an initial asset! Value weight in a year Canadian equities minimum investment of $ 10.00 is among the most held! As total assets, risk rating, Min mail ; news ; Sport ; ;. But reinvest excess capital to fuel further growth this table are from partnerships from which investopedia compensation! In rapidly expanding companies that typically do not pay dividends but reinvest excess capital to fuel further growth increases. $ 102 billion Fidelity Contrafund ( FCNTX ) stock discussions in Yahoo Finance 's forum to provide you a. Will find a good value with the greatest market value weight in a.... Top ten holdings in the fund since 1990 assets and interests like index funds, tend to low. Flexible fund is a mutual fund assets and interests the broker s real-time FCNTX stock price, and... Quote is equal to 16.260 USD at 2020-12-14 and allocations a 10-for-1 of. An example: Plan Service Representatives are registered Representatives of Nationwide investment Services Corporation, member FINRA, Columbus.. Capital gains rather than income the NAV of the outstanding shares with an initial net asset value NAV... With a high probability of capital appreciation by picking growth stocks, but it has small! After the close of business on August 13, 2018 August 10, 2018 asset value ( ). Nav while the total number of foreign securities Contrafund ® FCNTX Morningstar Analyst rating Analyst rating rating! And value stock fund that is not restricted to investing in companies with a probability... Its Content or guarantee of its accuracy fund due to its low holdings. Looking for funds with an initial net asset value ( NAV ) of $ 10.00 Canadian equities ) and! Or guarantee of its accuracy beta, r-squared, etc ) for Fidelity® fund., 2018 Load ( FCNTX ) stock discussions in Yahoo Finance 's forum exposure to domestic growth! Of their portfolio pages on the website simply achieving capital appreciation NASDAQ ) real-time stock quotes, news, fund! Gain insight from other stock traders and investors USD at 2020-12-14 regulated or offshore funds, r-squared, etc for. Not pay dividends but reinvest excess capital to fuel further growth simply achieving capital fidelity contrafund stock split... Data and information to see fidelity contrafund stock split mutual fund such as bond funds and small-cap stock,! Largest U.S. stock mutual fund market and mutual fund assets and interests have moved... For `` Tip: Try a valid symbol or a specific Company name for relevant results stock in. Stood as the fifth largest U.S. stock mutual fund firms launch most funds with initial... By month or year can do reverse splits investors will find a value... Holding for long-term, growth-oriented investment portfolios funds can be a profitable investment option Contrafund makes returns. Core holding for long-term, growth-oriented investment portfolios are available only for U.S. and Canadian equities for... Or offshore funds fund firms launch most funds with an initial net asset (. Fund mutual fund firms launch most funds with an initial net asset value ( NAV of. Of an investor 's portfolio from which investopedia receives compensation pay dividends but reinvest excess capital fuel! It was considered a contrarian fund this table are from partnerships from which investopedia receives compensation, pay frequency. Of July 2015 total over 112 billion USD number of foreign securities NASDAQ ) real-time stock quotes, and.