Fidelity Large Cap Value Index Prm
FLCHX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Jun 16, 2016
- CIK
- 0000035315
- Similar Companies
- Business
- Fidelity Large Cap Value Index Premium Fund (FLCHX) is an open-end mutual fund managed by Fidelity Investments that seeks to provide investment results that correspond to the total return performance of large value stocks, as represented by the Russell 1000 Value Index. The fund invests at least 80% of its assets in common stocks included in the Russell 1000 Value Index, which measures the performance of those Russell 1000 companies with lower price-to-book ratios and lower forecasted growth values; it may also purchase or sell futures contracts and options based on the index or invest in other index-based products to achieve its objective. Fidelity Investments offers this fund alongside a range of equity, fixed income, and alternative investment products and services, including brokerage, retirement planning, wealth management, and institutional asset management solutions for individual investors, financial advisors, and institutions. Headquartered in Boston, Massachusetts, Fidelity Investments was founded in 1946 and operates globally, with significant presence in the United States, Europe, Asia-Pacific, and Canada, serving over 50 million retail clients and managing approximately $13 trillion in assets under administration as of late 2025. The fund targets institutional and retail investors seeking passive exposure to U.S. large-cap value equities, emphasizing cost efficiency with an expense ratio typically around 0.035%. FLCHX maintains a portfolio closely tracking the benchmark through full or optimized replication strategies, with holdings diversified across sectors such as financials, healthcare, industrials, consumer staples, and energy. In recent developments, Fidelity Investments announced enhancements to its index fund lineup in early 2025, including lower expense ratios for select premium funds like FLCHX amid competitive pressures in passive investing; the firm also expanded its strategic alliance with BlackRock in June 2025 to integrate certain ETF trading capabilities, improving liquidity and execution for index-based products. Additionally, Fidelity completed the acquisition of a minority stake in a fintech platform focused on ESG data analytics in October 2025, bolstering value-oriented funds' access to sustainability metrics; no major reorganizations or name changes have occurred for FLCHX or its managing entity within the last two years. These moves reflect Fidelity's ongoing commitment to innovation in low-cost indexing and operational efficiency.