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FAQs
Is Fidelity FCNTX a good investment? ›
Obviously, what investors are looking for in these funds is strong performance relative to their peers. FCNTX has a 5-year annualized total return of 17.4% and it sits in the top third among its category peers.
What are the predictions for FCNTX? ›Average Price Target
Based on 305 Wall Street analysts offering 12 month price targets to Fidelity Contra Fund holdings in the last 3 months. The average price target is $24.10 with a high forecast of $27.53 and a low forecast of $19.89. The average price target represents a 16.53% change from the last price of $20.68.
Performance Overview
| Morningstar Return Rating | -- |
|---|---|
| YTD Return | 28.62% |
| 5y Average Return | 18.15% |
| Number of Years Up | 42 |
| Number of Years Down | 14 |
On average, the Fidelity Contrafund has beaten the S&P 500 Index by 2.78% per year. Growth of $10,000 invested in Contrafund versus S&P 500 Index, September 17, 1990 to March 31, 2024. Total value March 31, 2024 for Contrafund was $751,828 compared to $327,447 for the S&P 500 Index.
How safe is Fidelity Contrafund? ›Overall Rating. Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1083 funds within its Morningstar Category.
How much dividend does FCNTX pay? ›FCNTX Dividend Information
FCNTX has an annual dividend of $0.51 per share, with a yield of 2.57%. The dividend is paid every six months and the last ex-dividend date was Feb 16, 2024.
For the semiannual reporting period ending June 30, 2024, the fund's Retail Class shares gained 25.63%, handily topping the 15.29% advance of the benchmark, the S&P 500® index.
Which is the best contrafund? ›What Is Contra Funds And Which Are The Best Ones
| Scheme Name | Absolute (%) | |
|---|---|---|
| Kotak India EQ Contra Fund(G)-Direct Plan | 23.55 | 41.60 |
| Invesco India Contra Fund(G)-Direct Plan | 21.44 | 36.09 |
| SBI Contra Fund(G)-Direct Plan | 21.93 | 41.49 |
| Category Average - Contra | 22.31 | 39.72 |
Sep 2, 2024
Top 10 Holdings (57.60% of Total Assets)
- BRK.A. BRK.A 8.02%
- MSFT. Microsoft Corporation 6.65%
- AMZN. Amazon.com, Inc. 6.49%
- LLY. Eli Lilly and Company 3.33%
- AAPL. Apple Inc. 3.23%
- GOOGL. Alphabet Inc. 2.62%
- GOOG. Alphabet Inc. 2.18%
- Regeneron Pharmaceuticals, Inc. 1.95%
Shares of the fund are only available for purchase by mutual funds for which FMR or an affiliate serves as investment manager. This fund is closed to new investors.
Who runs FCNTX? ›
The strategy has a phenomenal long-term record under Will Danoff, who has managed it since September 1990.
What is the investment strategy of FCNTX? ›Fund Strategy. The investment seeks capital appreciation. The fund normally invests primarily in common stocks. It invests in securities of companies whose value the advisor believes is not fully recognized by the public.
Is FCntx a good investment? ›FCNTX holds a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on various forecasting factors like size, cost, and past performance. Fidelity is based in Boston, MA, and is the manager of FCNTX.
Is Fidelity Contrafund better than Fidelity Growth Company? ›Assuming the 90 days horizon Fidelity Contrafund is expected to generate 0.79 times more return on investment than Fidelity Growth. However, Fidelity Contrafund is 1.27 times less risky than Fidelity Growth. It trades about 0.09 of its potential returns per unit of risk.
What is the Fidelity Contrafund stock forecast? ›Based on 307 Wall Street analysts offering 12 month price targets to Fidelity Contrafund K6 holdings in the last 3 months. The average price target is $33.69 with a high forecast of $38.77 and a low forecast of $27.75. The average price target represents a 17.37% change from the last price of $28.70.