FCNTX - Fidelity Contrafund Fund

Nasdaq - Nasdaq Delayed Price. Currency in USD
13.12
-0.01 (-0.08%)
At close: 8:00PM EDT
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Previous Close13.13
YTD Return19.67%
Expense Ratio (net)0.82%
CategoryLarge Growth
Last Cap Gain0.00
Morningstar Rating★★★★
Morningstar Risk RatingBelow Average
Sustainability Rating
Net Assets117.53B
Beta (3Y Monthly)1.04
Yield0.00%
5y Average ReturnN/A
Holdings Turnover32.00%
Last Dividend0.00
Average for CategoryN/A
Inception DateMay 17, 1967
  • Reuters

    Inflatable angry emoji looms over Facebook annual meeting as users vent frustrations

    MENLO PARK, Calif./BOSTON (Reuters) - Protesters carrying an inflatable angry emoji greeted Facebook Inc shareholders as they gathered for the company's annual meeting on Thursday, the latest sign of its struggle to shake off privacy scandals and rein in fake news and hate speech. The social media giant again faced demands for reform at Thursday's meeting, including shareholder proposals that called for revamping the company's voting structure and ousting Chief Executive Officer Mark Zuckerberg as chairman. The measures had little chance of succeeding, as a dual class share structure gives Zuckerberg and other insiders control of about 58% of the votes.

  • Morningstar

    Fund Pairings for Your IRA

    A version of this article first appeared in the April 2019 issue of Morningstar FundInvestor. Download a complimentary copy of FundInvestor by visiting the website. Picking funds for an IRA is a little tricky. The limits on yearly contributions make it challenging to build a complete portfolio.

  • Morningstar

    Morningstar Runs the Numbers

    We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended April 12.

  • Morningstar

    Does Your Mutual Fund Own Lyft?

    Ride-sharing company Lyft is set to go public this week. The company is one of several highly anticipated IPOs, with competitor Uber and content-sharing website Pinterest also expected to make their public market debuts this year. Lyft is one of many private firms that have grabbed the attention of mutual fund managers in recent years.

  • Morningstar

    The Biggest Mutual Fund Companies Have Indeed Been Better

    Ten years ago, Vanguard, American Funds, and Fidelity were the largest mutual fund companies, controlling 40% of the industry's assets. After those firms, there was a significant drop, with PIMCO placing fourth with 5% market share, most of which rested in a single fund ( PIMCO Total Return PTTRX). In aggregate, their funds had posted above-average performance, with below-average expense ratios (significantly below, in the case of Vanguard and American Funds).

  • The Power of Index Funds
    Kiplinger

    The Power of Index Funds

    Index funds benefit investors in other ways besides low fees. Trading expenses and tax consequences are minimal.

  • Morningstar

    6 Funds That Shouldn't Be in Outflows

    The fund has greater latitude than Fidelity Total Bond, and it has used that flexibility to dial down credit and interest-rate risk in recent years. Unfortunately for the fund, those risks have generally paid off, even with rates rising more recently.

  • Reuters

    Bogle's legacy: Booming index funds with perhaps too much reach

    John "Jack" Bogle, the founder of index investment pioneer Vanguard Group Inc, changed Wall Street by convincing millions to turn away from mutual funds that actively pick stocks, but his legacy will also be shaped by the unintended consequences of index funds. Bogle, who died of cancer at age 89 on Wednesday, saved investors billions of dollars by devising and championing low-fee funds that tracked markets instead of trying to beat them. As recently as 2007, index funds and ETFs accounted for only 15 percent of long-term fund assets, according to the Investment Company Institute.

  • Morningstar

    Flowmageddon: Why Investors Should Watch Fund Flows

    This article was published in the November issue of Morningstar FundInvestor. A nine-year bull market has made fund companies tremendously profitable. You've heard about the move from active to passive funds, but today there is $11.7 trillion in actively managed funds.

  • Investopedia

    Top 5 Mutual Fund Holders of Activision Blizzard (ATVI)

    Activision Blizzard, Inc. (NASDAQ: ATVI) is one of the largest interactive gaming companies in the world. The company is the result of a December 2007 merger between Blizzard Entertainment and Activision Publishing, two of the largest video game producers at the time of the acquisition. Activision Blizzard's business is broken into three segments — media, technology, and entertainment — with a robust portfolio of top-performing video game franchises.

  • 100 Most Popular Funds for 401(k) Retirement Savings
    Kiplinger

    100 Most Popular Funds for 401(k) Retirement Savings

    These mutual funds have the most assets under management in 401(k) workplace retirement plans.

  • Investopedia

    Top 5 Mutual Fund Holders of Electronic Arts

    Electronic Arts Inc. (NASDAQ: EA) is one of the largest creators and marketers of video games. Launched by Fidelity in May 1967, the Fidelity Contrafund is an actively managed large-cap growth fund that seeks long-term capital appreciation.

  • Investopedia

    Top 3 Mutual Funds Holders of Facebook (FB)

    Facebook, Inc. (NASDAQ: FB) has established itself as the leading social media giant with a market capitalization of $418.18 billion as of October 29, 2018. When Facebook issued its initial public offering (IPO) on May 18, 2012, many mutual funds had already snapped up shares on the private market. Thereafter, these funds spread their shares of Facebook across many funds. Although Facebook's stock price has gone on a roller coaster ride, those funds that held on to shares benefited from its high growth rate.

  • At Facebook, public funds join push to remove Zuckerberg as chairman
    Reuters

    At Facebook, public funds join push to remove Zuckerberg as chairman

    State treasurers from Illinois, Rhode Island and Pennsylvania, and New York City Comptroller Scott Stringer, co-filed the proposal. A similar shareholder proposal seeking an independent chair was defeated in 2017 at Facebook, where Zuckerberg's majority control makes outsider resolutions effectively symbolic.

  • Morningstar

    Lessons From the Model Portfolios

    There are 66 long-term portfolios in all, designed to suit investors with varying proximities to retirement and preferences. There are portfolios composed of traditional mutual funds as well as exchange-traded funds. Given all of those variations--and especially the fact that their asset allocations vary so widely--it's no surprise that their performance varied, too.

  • Morningstar

    How Our Tax-Efficient Vanguard Bucket Portfolios Have Performed

    Thanks to an exceptionally strong equity market and decent, if not spectacular, bond market performance, our tax-efficient Bucket Portfolios for Vanguard investors have delivered solid returns over the past three years. The portfolios have performed so well, in fact, that they've beaten our model Vanguard portfolios that were created without regard for tax efficiency. A dash of small-cap exposure has been a boon, as has the fact that the two tax-managed U.S. equity funds in the portfolio both maintain a bias toward growth stocks, which have dramatically bested value and blend names over the trailing three-year period.

  • Morningstar

    How Our Vanguard Model Bucket Portfolios Have Performed

    The group's annual conference, with Bogle himself as the headliner, typically sells out in a matter of days. Because the firm fields a competitive offering in every key market segment, building portfolios composed of Vanguard's funds is a breeze. Ultralow costs mean the firm's bond funds are invariably contenders in their categories, and Vanguard also fields a lineup of topnotch index products (traditional index funds and exchanged-traded funds) as well as fine actively managed offerings.