Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Fidelity Contra Fund (FCNTX) Forecast and Price Targets - TipRanks.com? ›
Average Price Target
What is the average annual return for FCNTX? ›| Year | Total Returns | Dividends Close |
|---|---|---|
| 2021 | 24.36% | -- |
| 2020 | 32.58% | -- |
| 2019 | 29.98% | -- |
| 2018 | -2.13% | -- |
One substantial disadvantage drove the rating downgrade for this otherwise excellent fund, says Morningstar's analyst. Fidelity Contrafund FCNTX remains excellent, but its colossal asset base is a substantial disadvantage and warrants a Morningstar Analyst Rating downgrade to Silver from Gold.
What is the distribution of fcntx in 2024? ›Last dividend for Fidelity Contra Fund (FCNTX) as of June 8, 2024 is 0.08 USD. The forward dividend yield for FCNTX as of June 8, 2024 is 0.39%. Average dividend growth rate for stock Fidelity Contra Fund (FCNTX) for past three years is -17.24%.
What are the top 10 stocks in Fidelity Contrafund? ›- META. Meta Platforms, Inc. 13.78%
- BRK.A. BRK.A 8.71%
- NVDA. NVIDIA Corporation 6.71%
- AMZN. Amazon.com, Inc. 6.53%
- MSFT. Microsoft Corporation 6.49%
- LLY. Eli Lilly and Company 3.23%
- AAPL. Apple Inc. 2.90%
- GOOGL. Alphabet Inc. 2.54%
The average price target is $21.56 with a high forecast of $24.68 and a low forecast of $17.83. The average price target represents a 11.46% change from the last price of $19.34. The highest, average, and lowest price target of all analysts.
Is the contrafund better than the S&P 500? ›Key Morningstar Metrics for Fidelity Contrafund
The fund's roughly 13% annualized gain over the past decade beat the S&P 500 (the fund's broad-market prospectus benchmark) and ranked among the best-performing third of funds in either the large-blend or large-growth Morningstar Categories.
When is Fidelity Contra Fund dividend payment date? Fidelity Contra Fund's next quarterly payment date is on Feb 20, 2024, when Fidelity Contra Fund shareholders who owned FCNTX shares before Feb 16, 2024 received a dividend payment of $0.01 per share.
Is Fcntx active or passive? ›About FCNTX
The fund is the "largest solely managed active equity mutual fund in the world," according to Fidelity.
FCNTX - Fidelity Contrafund's top holdings are Meta Platforms, Inc. (US:META) , Berkshire Hathaway Inc. (US:BRK. A) , Microsoft Corporation (US:MSFT) , NVIDIA Corporation (US:NVDA) , and Amazon.com, Inc.
Which contra fund is best? ›
| Scheme Name | Min. Investment | 1Y Returns |
|---|---|---|
| Invesco India Contra Fund Direct - Growth Equity Contra Fund Invest | ₹1,000 | 45.86 % |
| Kotak India EQ Contra Fund Direct - Growth Equity Contra Fund Invest | ₹100 | 52.73 % |
| SBI Contra Fund Direct - Growth Equity Contra Fund Invest | ₹5,000 | 46.18 % |
When underperforming equities recover, prudent contrarian investing can deliver substantial rewards. Contra Mutual funds may be a sensible choice for long-term investors looking for value that may take time to emerge.
What is the rating of the Fidelity Contrafund? ›Overall Rating
Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1109 funds within its Morningstar Category.
Fund Performance
The fund has returned 22.90 percent over the past year, 7.30 percent over the past three years, 12.06 percent over the past five years and 12.09 percent over the past decade.
Overall Rating
Morningstar has awarded this fund 4 stars based on its risk-adjusted performance compared to the 1109 funds within its Morningstar Category.
Annualized rate of return calculates return on investment as an annual average over a given period of time. Investors can use the annualized rate of return to compare diverse investments over the same set period. Annualized rate of return can change over time, influenced by market conditions.
What is the average annual return on ETF? ›What is the Average ETF Return? The average ETF return will vary depending on each fund's strategy and goals. However, broad market ETFs generate an average return between 7-10%. You can invest in ETFs that track specific types of stocks, such as high dividend-paying companies.