Fidelity Overseas Fund
FOSFX
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
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 02210
- IPO Date
- Dec 4, 1984
- CIK
- 0000744822
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Overseas Fund (FOSFX) is an open-end mutual fund managed by Fidelity Investments that seeks long-term growth of capital primarily through investments in non-U.S. securities. The fund normally invests at least 80% of its assets in foreign equities, with a focus on common stocks of high-quality companies purchased at attractive valuations; it allocates across countries and regions including Europe, Japan, and emerging markets, with top holdings such as Banco Santander SA, Rolls-Royce Holdings PLC, and Safran SA as of recent reports. It operates within the Foreign Large Growth category, targeting institutional and retail investors seeking international equity exposure, with net assets exceeding $7 billion and a turnover rate of approximately 51%. Established on December 4, 1984, and headquartered in Boston, Massachusetts as part of Fidelity Investments, the fund maintains a net expense ratio of 0.68% and is led by Portfolio Manager Vincent Montemaggiore since January 2012. Geographic operations emphasize developed markets in the United Kingdom, France, Japan, Germany, and the Netherlands, comprising the bulk of its non-U.S. stock allocation at around 88.65% of assets. The fund complements Fidelity's broader suite of equity strategies without notable subsidiaries or parent fund relationships beyond Fidelity Management & Research Company LLC. In a significant recent development, Fidelity announced the merger of Fidelity Advisor Overseas Fund into Fidelity Overseas Fund, completed around July 25, 2025, which substantially increased the fund's assets under management from approximately $6.54 billion to over $6.9 billion by incorporating the target fund's $397 million while retaining the same investment objective, strategy, and portfolio manager. This reorganization enhances scale and operational efficiency without altering the core focus on diversified international equities. No other major acquisitions, funding rounds, partnerships, or product launches were reported in the last 1-2 years, though the fund delivered positive performance with Retail Class shares gaining 8.64% for the semiannual period ending April 30, 2025.