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Fund profile: The fund has been prominent in Fidelity's stable and should do well given the emphasis on dividend-paying stocks in the current investment environment. But this year the large-blend category has struggled mightily. Its 536-stock portfolio has been managed by Lawrence Rakers since September 2008. Morningstar says returns have been volatile, "but it's a fine fund for a patient investor."
Performance: down 10.7%, putting it in the 94th percentile versus its large-blend category peers and 7 percentage points below their average return. But over three years it has an admirable 19.8% annual average return.
Assets: $8.5 billion
Citigroup(C - Get Report), its second-largest holding, down 43%;
Wells Fargo(WFC - Get Report), down 14%;
JPMorgan Chase(JPM - Get Report), down 24%.
Goldman Sachs Large Cap Value(GSVCX)Fund profile: The fund's lead managers, Andrew Braun and Sean Gallagher, focus on large-cap firms with healthy free cash flow as well as strong and improving balance sheets. The fund has been overweight financials this year, including
Bank of America(BAC - Get Report).
Performance: down 11.7%, putting it in the 96th percentile in the large-value category, 7.9 percentage points below its peers' average return.
Assets: $2 billion
: JPMorgan Chase(JPM - Get Report), 4% of the fund, down 24%;
Prudential Financial(PRU), down 6%;
Teva Pharmaceutical(TEVA - Get Report), down 20%.