Fidelity Event Driven Opportunities Fund
Data updated: 2020-07-08
C000174181 — Fidelity Event Driven Opportunities Fund. Bond · $62.08M AUM · 1.05% expense ratio. Holdings, fees, performance and SEC filings.
C000174181 Fund Overview
Fidelity Event Driven Opportunities Fund is a US mutual fund managed by Fidelity Concord Street Trust, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Fidelity Concord Street Trust
- Category: Bond
- Assets under management: $62.08M
- SEC CIK: 0000819118
- SEC series ID: S000055363
- Share class ID: C000174181
C000174181 Investment Objective and Strategy
Fidelity Event Driven Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Fidelity Concord Street Trust.
Investment objective
The fund seeks capital appreciation.
Principal investment strategy
"Normally investing primarily in common stocks. Investing in securities of companies that Fidelity Management & Research Company (FMR) believes are involved in a special situation event, which may include corporate reorganizations, changes in beneficial ownership, deletion from a market index, material changes in management structure or corporate strategy, or changes to capital structure. Investing in securities of companies whose value FMR believes is not fully recognized by the public. Investing in lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds). Investing in domestic and foreign issuers. Investing in either ""growth"" stocks or ""value"" stocks or both. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments."
C000174181 Costs and Fees
C000174181 costs about $105 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.05%
- Gross expense ratio: 1.05%
- Portfolio turnover: 95%
- Brokerage commissions: 19.61 bps of average net assets (SEC N-CEN)
C000174181 Cashflows
Over the 12 months to 2020-04, Fidelity Event Driven Opportunities Fund had net outflows of $65.13M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-04 | −$2.22M |
| 2020-03 | −$7.21M |
| 2020-02 | −$5.28M |
| 2020-01 | −$17.00M |
| 2019-12 | −$8.04M |
| 2019-11 | −$7.24M |
C000174181 Debt Constituents
No individual debt constituents are reported in Fidelity Event Driven Opportunities Fund's latest SEC N-PORT filing.
C000174181 Prospectus and SEC Filings
Official Fidelity Event Driven Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2019-07-16
- Prospectus (485BPOS) — filed 2018-07-17
- Prospectus (485BPOS) — filed 2017-07-17
- Portfolio holdings (N-PORT) — filed 2020-06-17
- Portfolio holdings (N-PORT) — filed 2020-03-27
- Portfolio holdings (N-PORT) — filed 2019-12-23
- Annual census (N-CEN) — filed 2020-07-08
- Annual census (N-CEN) — filed 2019-07-15
Related Funds
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.