Fidelity Commonwealth Trust Fidelity Small Cap Stock Fund
FSLCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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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
- Boston, MA 02109 Boston MA United States of America 02109
- IPO Date
- Mar 12, 1998
- CIK
- 0000819118
- Website
- fundresearch.fidelity.com
- Similar Companies
- Business
- Fidelity Commonwealth Trust - Fidelity Small Cap Stock Fund (FSLCX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in common stocks of small-capitalization companies. The fund normally invests at least 80% of its assets in equity securities of domestic and foreign issuers with market capitalizations similar to those in the Russell 2000 Index or S&P SmallCap 600 Index; it allocates across both growth and value stocks, employing fundamental analysis of issuers' financial condition, industry position, market trends, and economic conditions to select investments. The fund distributes dividends and capital gains in June and December, maintains a blend investment style within the small-cap category, and as of recent filings holds approximately 144 securities with a portfolio value exceeding $1.1 billion, including top positions in Fidelity Securities Lending Cash Central Fund, Performance Food Group Co., Grand Canyon Education Inc., Genpact Ltd., and The Baldwin Insurance Group Inc.. Fidelity Commonwealth Trust, established in 1993 and part of the Fidelity Investments family headquartered in Boston, Massachusetts, operates this fund through Fidelity Management & Research Company LLC, serving individual and institutional investors focused on U.S. small-cap exposure with global elements. In recent developments as of fiscal year-end April 30, 2025, the fund delivered a 5.23% return, significantly outperforming the Russell 2000 Index's 0.87% gain amid a post-November 2024 U.S. election rally in small-cap stocks driven by policy shifts and economic optimism. Portfolio manager Marc Pfeffer maintained an overweight in high-quality small-cap names while selectively adding shares in undervalued firms with upside potential and trimming defensive holdings to optimize risk-reward, reflecting adaptive positioning for market uncertainty; no major structural changes, such as mergers, acquisitions, or new share classes, were reported for the fund or trust in 2024-2025, though Fidelity Investments broadly advanced small-cap strategies including a new UCITS US Smaller Companies fund sub-managed by its U.S. team. The fund's expense ratio stands at 0.90%, positioning it competitively in the small-blend category with assets under management around $1.2 billion.