The fidelity contrafund is a growth and value stock fund that focuses on generating capital gains rather than income. Joel tillinghast has actively managed the fidelity lowpriced stock fund flpsx since it was launched in 1989. Fidelity contra fund fcntx performance history yahoo. View historical fcntx mutual fund prices, to see mutual fund performance over time. Fidelity contrafunds longtime star manager on why he runs money, how his definition of edge has evolved, the best way to engage with analysts and. William danoff born 195960 is a vicepresident and portfolio manager of fidelity contrafund, since 1990. Portfolio manager will danoff is disappointed that the fund fell slightly short of its benchmark in 2019, but he remains confident that he and the fidelity research. We had no qualms about contras performance or the estimable will. Get the lastest fund profile for fidelity contrafund inc units from zacks investment research. Apr 18, 2020 fidelity contrafund mutual fund holdings by marketwatch.
The fund seeks capital appreciation through investing in high quality growth stocks t. 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. Top fidelity stock picker will danoff beat the drum for big tech stocks in his latest quarterly commentary but stayed silent on the unauthorized accounts scandal surrounding wells. You havent appeared in commercials or written books or taken to twitter. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinionratingreport or any approach to evaluating individual securities. Fidelity investments contrafund manager will danoff attends the second day of the sun valley conference in sun valley, idaho july 7, 2011. Fcntx quote fidelity contrafund fund bloomberg markets. Find realtime fcntx fidelity contrafund fund stock quotes, company profile, news and forecasts from cnn business. View fcntx holdings data and information to see the mutual fund assets and interests. K fcnkx stock price, news, historical charts, analyst ratings and financial information from wsj. Comanagers will danoff and jean park are pleased that the fund topped its benchmark in 2019, and remain confident that, working with the fidelity research. The manager of a contra fund bets against the prevailing market trends by buying assets that are either underperforming or depressed at that point in time. During that time, fidelity s contrafund returned 12.
Relative positioning data presented in this commentary is based on. Fcntx fidelity contrafund fund mutual fund quote cnnmoney. Fidelity is unable to provide the information that you requested at this time. Nasdaq realtime stock quotes, news and financial information from cnbc. Generally, data on fidelity mutual funds is provided by fmr, llc, morningstar ratings and data on nonfidelity mutual funds is provided by morningstar, inc. He and fidelity s analysts and researchers identify companies in and out of the funds. Prior to joining the firm, he was a research analyst for furman selz in new york. The intelligent investor, 2003, commentary on the introduction.
Fidelity contrafund fund no load fcntx stock analysis. Fidelity contra fund fcntx stock price, quote, history. Two years ago, we pulled fidelity contrafund symbol fcntx from the kiplinger 25 and replaced it with fidelity new millennium. Will, how did the fund perform for the year ending december 31, 2019. Get quote details and summary for fidelity contrafund fcntx. Please add funds by entering a symbol or go to the fund search page. However, in order to maintain the high level of discourse weve all. How fidelity contrafund manager will danoff played the. Find the latest fidelity contra fund fcntx stock quote, history, news and other vital information to help you with your stock trading and investing. As youd expect from a growthminded manager, the sectors that dominate the fund are information technology and healthcare. Fidelity and its representatives may have a conflict of interest in the products or services mentioned in this material because they have a financial interest in them, and receive compensation, directly or indirectly, in connection with the management, distribution, andor servicing of these products or services, including fidelity.
Get breaking news and analysis on fidelity contrafund fund no load fcntx stock, price quote and chart, trading and investing tools. And its performance ranked in the top 1% of its largecap growth peers. Portfolio manager will danoff is disappointed that the fund fell slightly short of its benchmark in 2019, but he remains confident that he and the fidelity research team can continue to identify attractive investments as they seek to achieve performance that is consistent with the funds favorable longerterm track record. View the latest quote, returns and news for fidelity contrafund fcntx. Distribution yield is the trailing 12month end yield morningstar computes this figure by summing the trailing 12months income distributions and dividing the sum by the last months ending net asset value nav, plus capital gains distributed over the same time period. Please refresh your page or retry your request at a later time. Apr 21, 2020 all fidelity contrafund historical mutual fund quotes by marketwatch. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. During that time, fidelitys contrafund returned 12. When the whole market sells off 10% or 15%, im looking to buy the very best companies that have pulled back with the market, said will danoff, manager of fidelity contrafund. May 28, 2015 now is a good time to own wellmanaged growth stock funds, and fidelity contrafund mutf. Its current manager is william danoff, who has headed the fund since 1990.
Danoff recently marked his 24th anniversary as the manager of fidelity contrafund, the kind of tenure rarely seen in the mutual fund business. Feb 08, 2018 an introduction and a discussion of the fidelity contrafund, a cornerstone of low cost, actively managed investing. Fidelity contrafund is an opportunistic, diversified equity strategy with a largecap growth bias. The fund is the largest solely managed active equity mutual fund in the world. Contrafunds aum assets under management as of july 2015 total over 112 billion usd. To read the most recently released quarterly commentary, click on any fund listed. Ford to drop fidelity contrafund from employee retirement.
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. This may be due to scheduled system maintenance or an intermittent outage. Will danoff is a portfolio manager with fidelity investments and manages fidelity insights class. In a class by himself, fidelity fund manager william. As youd expect from a growthminded manager, the sectors that dominate the fund are information. To read the most recently released quarterly commentary, click. Now is the time to own fidelity contrafund investorplace.
Oct 18, 2016 fidelity investments contrafund manager will danoff l and liberty media ceo greg maffei r attend the second day of the sun valley conference in sun valley, idaho july 7, 2011. See fund information and historical performance for the fidelity contrafund. Fidelity fund quarterly commentary fidelity investments. Fidelity contrafund mutual fund holdings by marketwatch.
Fidelitys danoff backs facebooks response to content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from its use. Contrafund fidelity institutional asset management. And its performance ranked in the top 1% of its large. Sign up for free newsletters and get more cnbc delivered to your inbox. Fcntx fidelity contrafund historical quotes marketwatch. Fidelity contrafunds longtime star manager on why he runs money, how his.
Current and historical performance performance for fidelity contra fund on yahoo finance. Investors pull money from fidelity star will danoffs. As the manager of the magellan fund at fidelity investments between. Peter lynch born january 19, 1944 is an american investor, mutual fund manager, and philanthropist. Distribution yield is the trailing 12month end yield morningstar computes this figure by summing the trailing 12months income distributions and dividing the sum by the last months ending net asset. Danoff has worked as a research analyst and portfolio manager since joining fidelity investments in 1986. Favcf fidelity vip contrafund fidelity investments. Fidelity contrafund stock price, quote and news cnbc. Apr 21, 2020 news, commentary and events are from thirdparty sources unaffiliated with fidelity. Contrafund s aum assets under management as of july 2015 total over 112 billion usd. Fidelity contrafund symbol fcntx is a mutual fund operated and provided by fidelity investments. Research current and historical price charts, top holdings, management and full profile. Research information including fund fees, cost projections and minimum investments for fidelity contrafund fund.
News, commentary and events are from thirdparty sources unaffiliated with fidelity. As the manager of the magellan fund at fidelity investments between 1977 and 1990, lynch averaged a 29. Et on the wall street journal fidelity to drop 3% load on some funds. Jul, 2017 fidelity investments star stock picker will danoff is having quite the comeback year. Its been a hard few years, but we think john roth will be able to right the ship at new millennium. He also coauthored a number of books and papers on investing and coined a number of well known mantras of modern individual investing. Barrons provides information on holdings, historical returns and other key fund data. Will danoff is the portfolio manager of both of the largecap stock funds and has led the contrafund to marketbeating returns since 1990. Performance charts for fidelity contrafund fund fcntx including intraday, historical and comparison charts, technical analysis and trend lines. As the manager of the magellan fund at fidelity investments between 1977. Pricetobook pb ratio is the ratio of a companys current share price to.
And its performance ranked in the top 1% of its largecap growth peers over the 15 years through feb. Fidelity contrafund manager bullish on tech, mum on wells. The fidelity contrafund fcntx is managed by william danoff. The legendary fidelity contrafund just bought more of these three stocks.1141 1188 254 80 1099 256 384 1023 1211 706 842 549 691 1217 1006 1083 495 731 1081 408 529 662 515 201 795 1283 436 286 1325 1223 56 980 215 418 394 518 1318 912 1159