This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Fidelity Value Portfolio Leads Large Funds

Stocks in this article: BC ABD CAR

BOSTON ( TheStreet) -- The Fidelity Value Fund (FDVLX) was the best-performing portfolio in the third quarter among funds with more than $5 billion in assets.

The $8 billion fund, run by Boston-based Fidelity Investments, returned 27.4%, beating the 24% advance of the Russell Midcap Value Index. The $6.3 billion DFA U.S. Small Cap Value Portfolio (DFSVX) ranked No. 2, rising 26.8%. Our list excludes index and sector funds.

Shares of medium-sized companies outperformed large-cap stocks during the third quarter. The S&P 500 Index and Dow Jones Industrial Average each gained 16%.

Top Actively Managed Funds in Third Quarter
Fund (Ticker) Rating
Fidelity Value Fund (FDVLX) C-
DFA US Small Cap Value Portfolio (DFSVX) C-
Fidelity Mid-Cap Stock Fund (FMCSX) C
Templeton Foreign Fund (TEMFX) B-
Dodge & Cox International Stock Fund (DODFX) B
DFA International Small Cap Value Portfolio (DISVX) B
T Rowe Price Mid-Cap Value Fund (TRMCX) B+
Fidelity Dividend Growth Fund (FDGFX) C+
DFA US Large Cap Value Portfolio (DFLVX) D+
Harbor International Fund (HAINX) B
Source: Ratings & Bloomberg
Note: Excludes index and sector funds

The Fidelity Value Fund, managed by Richard Fentin, was upgraded to C-minus, or "hold," based on its performance through Aug. 31 after spending 11 months at "sell."

Fentin targets companies that are likely to increase earnings and assets whose shares are trading at prices he considers cheap. Most of the portfolio's holdings are based in the U.S. More than 11% of the fund is invested in banks, followed by 6.1% in oil and gas stocks and 5.8% in electronics companies. No individual holding accounts for more than 1.5% of assets.

Seven of the fund's holdings more than doubled during the third quarter, including Brunswick (BC), ACCO Brands (ABD), Avis Budget Group (CAR), Macquarie Infrastructure (MIC), Oshkosh (OSK), Solutia (SOA) and OfficeMax (OMX).

For more information on mutual fund ratings, check out our Top-Rated Mutual Funds page.

-- Reported by Kevin Baker in Jupiter, Fla.

Follow on Twitter and become a fan on Facebook.

Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs