FDMLX Performance — Fidelity Series Intrinsic Opportunities Fund
Data updated: 2026-10-13
FDMLX returned +16.56% year to date and +23.97% over one year to Jul 2026. Annualised returns are +15.35% over 3 years and +11.79% over 5 years. The fund beat its US Multi-Cap Blend category average: $100 invested three years ago grew to $153, against $139 for the category, and to $124 over one year, against $114. Volatility over the past three years was 14.43% a year. In the 12 months to Jul 2026 the fund lost a net $278.7M, and assets reached $2.81B.
FDMLX Growth of $100
What $100 invested in Fidelity Series Intrinsic Opportunities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Multi-Cap Blend category average over the same months.
| Period | FDMLX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $124 | $114 |
| 3 years (Aug 2023 – Jul 2026) | $153 | $139 |
| 5 years (Aug 2021 – Jul 2026) | $175 | $135 |
| Since data start (Aug 2019 – Jul 2026) | $262 | $172 |
FDMLX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.56% |
| 1 year | +23.97% |
| 3 years (annualised) | +15.35% |
| 5 years (annualised) | +11.79% |
FDMLX Annual Returns
Calendar-year total returns of Fidelity Series Intrinsic Opportunities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +16.56% |
| 2025 | +11.66% |
| 2024 | +10.60% |
| 2023 | +19.67% |
| 2022 | −3.55% |
| 2021 | +27.63% |
| 2020 | +11.46% |
| 2019 (Aug–Dec) | +11.02% |
FDMLX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.5% | +2.4% | −6.0% | +7.5% | +1.0% | +4.1% | +2.4% | — | — | — | — | — |
| 2025 | +4.0% | −3.2% | −3.5% | −3.4% | +5.8% | +4.3% | +1.5% | +5.5% | −0.4% | −2.0% | +2.3% | +1.1% |
| 2024 | −1.1% | +5.8% | +5.0% | −4.3% | +4.1% | −2.8% | +5.9% | −0.7% | +0.2% | −1.7% | +7.3% | −6.5% |
| 2023 | +7.2% | −1.1% | −3.3% | −0.6% | −2.8% | +7.9% | +5.0% | −2.4% | −3.2% | −2.7% | +6.9% | +8.4% |
| 2022 | −1.1% | −0.4% | +1.2% | −3.8% | +4.1% | −10.6% | +6.8% | −2.0% | −7.9% | +11.1% | +5.5% | −4.3% |
| 2021 | +2.5% | +7.1% | +6.5% | +3.5% | +3.3% | −1.3% | −1.5% | +1.4% | −0.9% | +2.9% | −3.6% | +5.5% |
| 2020 | −6.1% | −7.8% | −15.1% | +11.9% | +4.6% | +0.7% | +2.0% | +5.9% | −1.0% | −0.8% | +14.0% | +6.3% |
| 2019 | — | — | — | — | — | — | — | −4.1% | +3.4% | +3.0% | +4.0% | +4.5% |
FDMLX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 14.43%
- 3-year Sharpe ratio: 0.75 (vs 4.5% risk-free rate)
- Best month: +8.44% (Dec 2023)
- Worst month: −6.50% (Dec 2024)
FDMLX Fund Flows
Monthly money in and out of Fidelity Series Intrinsic Opportunities Fund, from SEC Form N-PORT.
- 12-month net flow: −$278.7M
- 12-month gross sales (incl. reinvestments): $490.4M
- Sales ÷ redemptions: 0.64×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $15.5M | $145.5M | −$130.0M |
| Jun 2026 | $12.3M | $145.1M | −$132.8M |
| May 2026 | $14.9M | $135.3M | −$120.4M |
| Apr 2026 | $16.3M | $37.5M | −$21.2M |
| Mar 2026 | $7.2M | $48.5M | −$41.3M |
| Feb 2026 | $9.2M | $17.6M | −$8.4M |
| Jan 2026 | $16.6M | $34.0M | −$17.4M |
| Dec 2025 | $113.9M | $42.1M | $71.8M |
| Nov 2025 | $8.6M | $19.8M | −$11.2M |
| Oct 2025 | $19.4M | $73.4M | −$54.0M |
| Sep 2025 | $220.7M | $53.5M | $167.2M |
| Aug 2025 | $35.7M | $16.7M | $19.1M |
FDMLX Assets Under Management
Net assets of Fidelity Series Intrinsic Opportunities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.81B |
| 2026-04-30 | $2.99B |
| 2026-01-31 | $2.95B |
| 2025-10-31 | $2.78B |
| 2025-07-31 | $2.78B |
| 2025-04-30 | $2.53B |
| 2025-01-31 | $3.04B |
| 2024-10-31 | $2.93B |
| 2024-07-31 | $3.14B |
| 2024-04-30 | $2.89B |
| 2024-01-31 | $2.83B |
| 2023-10-31 | $2.53B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.