Fund Info
Supervisor(s): Nidhi Gupta
Buying and selling Image: FFIDX
Begin Date: April 30, 1930
Dimension (in tens of millions): $8,230.83
Morningstar Class: Fund Giant Progress
Inventory markets, particularly international markets, are risky and may decline considerably in response to opposed issuer, political, regulatory, market, or financial developments. Overseas securities are topic to rate of interest, forex change fee, financial, and political dangers.
Definitions and Vital Info
Info supplied in, and presentation of, this doc are for informational and academic functions solely and usually are not a suggestion to take any specific motion, or any motion in any respect, nor a suggestion or solicitation to purchase or promote any securities or providers offered. It’s not funding recommendation. Constancy doesn’t present authorized or tax recommendation.
Earlier than making any funding choices, you must seek the advice of with your personal skilled advisers and take note of the entire specific info and circumstances of your particular person scenario. Constancy and its representatives could have a battle of curiosity within the services or products talked about in these supplies as a result of they’ve a monetary curiosity in them, and obtain compensation, straight or not directly, in reference to the administration, distribution, and/or servicing of those services or products, together with Constancy funds, sure third-party funds and merchandise, and sure funding providers.
Traits
Earnings-Per-Share Progress Trailing measures the expansion in reported earnings per share over trailing one- and five-year durations.
Earnings-Per-Share Progress (IBES 1-12 months Forecast) measures the expansion in reported earnings per share as estimated by Wall Road analysts.
Median Market Cap identifies the median market capitalization of the portfolio or benchmark as decided by the underlying safety market caps.
Value-to-Guide (P/B) Ratio is the ratio of an organization’s present share value to reported collected income and capital.
Value/Money Movement is the ratio of an organization’s present share value to its trailing 12-months money circulate per share.
Value-to-Earnings (P/E) Ratio (IBES 1-12 months Forecast) is the ratio of an organization’s present share value to Wall Road analysts’ estimates of earnings.
Value-to-Earnings (P/E) Ratio Trailing is the ratio of an organization’s present share value to its trailing 12-months earnings per share.
Return on Fairness (ROE) 5-12 months Trailing is the ratio of an organization’s final 5 years historic profitability to its shareholders’ fairness.
Most well-liked inventory is included as a part of every firm’s web price.
Gross sales-Per-Share Progress measures the expansion in reported gross sales over the desired previous time interval.
Weighted Common Market Cap identifies the market capitalization of the typical fairness holding as decided by the {dollars} invested within the portfolio or benchmark.
Weighted Median Market Cap identifies the market capitalization of the median fairness holding as decided by the {dollars} invested within the portfolio or benchmark.
Vital Fund Info
Relative positioning information offered on this commentary relies on the fund’s major benchmark (index) except a secondary benchmark is supplied to evaluate efficiency.
On Could 21, 2024, Nidhi Gupta assumed portfolio administration duties for the fund, succeeding Jean Park.
Indices
It’s not doable to take a position straight in an index. All indices represented are unmanaged. All indices embrace reinvestment of dividends and curiosity earnings except in any other case famous.
S&P 500 Index is a market capitalization-weighted index of 500 widespread shares chosen for market dimension, liquidity, and trade group illustration to characterize U.S. fairness efficiency.
Market-segment Weights
Market-segment weights illustrate examples of sectors or industries during which the fund could make investments, and might not be consultant of the fund’s present or future investments. They shouldn’t be construed or used as a suggestion for any sector or trade.
Rating Info
© 2024 Morningstar, Inc. All rights reserved. The Morningstar info contained herein: (1) is proprietary to Morningstar and/or its content material suppliers; (2) might not be copied or redistributed; and (3) just isn’t warranted to be correct, full or well timed. Neither Morningstar nor its content material suppliers are chargeable for any damages or losses arising from any use of this info. Constancy doesn’t evaluation the Morningstar information and, for mutual fund efficiency, you must examine the fund’s present prospectus for probably the most up-to-date info regarding relevant masses, charges and bills.
% Rank in Morningstar Class is the fund’s total-return percentile rank relative to all funds which have the identical Morningstar Class. The very best (or most favorable) percentile rank is 1 and the bottom (or least favorable) percentile rank is 100. The highest-performing fund in a class will at all times obtain a rank of 1%. % Rank in Morningstar Class relies on whole returns which embrace reinvested dividends and capital positive factors, if any, and exclude gross sales fees. A number of share courses of a fund have a typical portfolio however impose totally different expense buildings.
Relative Weights
Relative weights represents the % of fund belongings in a specific market phase, asset class or credit score high quality relative to the benchmark. A optimistic quantity represents an chubby, and a unfavorable quantity is an underweight. The fund’s benchmark is listed instantly underneath the fund identify within the Efficiency Abstract.
3-12 months Threat/return Statistics
Beta is a measure of the volatility of a fund relative to its benchmark index. A beta larger (much less) than 1 is extra (much less) risky than the index.
Info Ratio measures a fund’s energetic return (fund’s common month-to-month return minus the benchmark’s common month-to-month return) in relation to the volatility of its energetic returns.
R-Squared measures how a fund’s efficiency correlates with a benchmark index’s efficiency and exhibits what portion of it may be defined by the efficiency of the general market/index. R- Squared ranges from 0, which means no correlation, to 1, which means good correlation. An R-Squared worth of lower than 0.5 signifies that annualized alpha and beta usually are not dependable efficiency statistics.
Sharpe Ratio is a measure of historic risk-adjusted efficiency. It’s calculated by dividing the fund’s extra returns (the fund’s common annual return for the interval minus the 3-month “threat free” return fee) and dividing it by the usual deviation of the fund’s returns. The upper the ratio, the higher the fund’s return per unit of threat. The three month “threat free” fee used is the 90-day Treasury Invoice fee.
Customary Deviation is a statistical measurement of the dispersion of a fund’s return over a specified time interval. Constancy calculates customary deviations by evaluating a fund’s month-to-month returns to its common month-to-month return over a 36-month interval, after which annualizes the quantity. Traders could study historic customary deviation along with historic returns to resolve whether or not a fund’s volatility would have been acceptable given the returns it might have produced. A better customary deviation signifies a wider dispersion of previous returns and thus larger historic volatility. Customary deviation doesn’t point out how the fund truly carried out, however merely signifies the volatility of its returns over time.
Monitoring Error is the divergence between the value habits of a place or a portfolio and the value habits of a benchmark, creating an sudden revenue or loss.
Earlier than investing in any mutual fund, please fastidiously contemplate the funding goals, dangers, fees, and bills. For this and different info, name or write Constancy for a free prospectus or, if out there, a abstract prospectus. Learn it fastidiously earlier than you make investments.
Previous efficiency isn’t any assure of future outcomes.
Views expressed are by means of the top of the interval said and don’t essentially characterize the views of Constancy. Views are topic to alter at any time based mostly upon market or different circumstances and Constancy disclaims any duty to replace such views. These views might not be relied on as funding recommendation and, as a result of funding choices for a Constancy fund are based mostly on quite a few components, might not be relied on as a sign of buying and selling intent on behalf of any Constancy fund. The securities talked about usually are not essentially holdings invested in by the portfolio supervisor(s) or FMR LLC. References to particular firm securities shouldn’t be construed as suggestions or funding recommendation.
Diversification doesn’t guarantee a revenue or assure towards a loss.
S&P 500 is a registered service mark of Customary & Poor’s Monetary Companies LLC.
Different third-party marks showing herein are the property of their respective homeowners.
All different marks showing herein are registered or unregistered emblems or service marks of FMR LLC or an affiliated firm.
Constancy Brokerage Companies LLC, Member NYSE, SIPC, 900 Salem Road, Smithfield, RI 02917.
Constancy Distributors Firm LLC, 500 Salem Road, Smithfield, RI 02917.
© 2024 FMR LLC. All rights reserved.
Not NCUA or NCUSIF insured. Could lose worth. No credit score union assure.
656704.45.0
