FGKFX
Fidelity Growth Company K6 Fund
Fidelity Mt. Vernon Street Trust
Expense ratio1
0.45%
Net assets2
$23.18B
Holdings2
474
Category
US Equity
2025 return3
26.42%

Investment objective & strategy

As of Jan. 26, 2026 · prospectus

Objective. Fidelity Growth Company K6 Fund seeks capital appreciation.

Strategy. Normally investing at least 80% of assets in securities of growth companies. Growth companies are companies the Adviser believes have above average growth potential. The Adviser considers a number of factors in determining a company's growth potential, such as whether the company is included in a third-party growth benchmark or classified as a growth company by a third-party vendor, if the company's projected earnings per share growth, sales growth per share or free cash flow growth or its trailing earnings per share growth is above the equity market median, if the company's research and development expenses exceed sales, general and administrative expenses, or if the company is raising capital to grow, fund or expand its business. A company's growth potential … Normally investing at least 80% of assets in securities of growth companies. Growth companies are companies the Adviser believes have above average growth potential. The Adviser considers a number of factors in determining a company's growth potential, such as whether the company is included in a third-party growth benchmark or classified as a growth company by a third-party vendor, if the company's projected earnings per share growth, sales growth per share or free cash flow growth or its trailing earnings per share growth is above the equity market median, if the company's research and development expenses exceed sales, general and administrative expenses, or if the company is raising capital to grow, fund or expand its business. A company's growth potential can be determined under any of these factors. Derivative instruments that provide investment exposure to the investments above or exposure to one or more market risk factors associated with such investments are included in the fund's 80% policy, consistent with the fund's investment policies and limitations with respect to investments in derivatives. Normally investing primarily in common stocks. Investing in domestic and foreign issuers. 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.

Top holdings

As of Feb. 28, 2026 · N-PORT
SecurityTickerValue% of fund
NVIDIA CORP $3.52B 15.18%
APPLE INC $1.58B 6.82%
ALPHABET INC CL A $1.22B 5.27%
META PLATFORMS INC CL A $1.12B 4.83%
AMAZON.COM INC $1.08B 4.66%
MICROSOFT CORP $1.01B 4.36%
SANDISK CORPORATION $739.04M 3.19%
BROADCOM INC $703.72M 3.04%
CIENA CORP $677.53M 2.92%
LILLY ELI and CO $561.64M 2.42%
View all holdings →

Allocation by sector

As of February 28, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Nov 30, 2025 → Feb 28, 2026
Opened
43
Exited
30
Increased
157
Decreased
182
Unchanged
92

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Fidelity Series Growth Company Fund · FCGSX 95% 0.00%
Fidelity Growth Company Fund · FDGRX, FGCKX 94% 0.62%
Fidelity Blue Chip Growth Fund · FBGRX, FBGKX, FBCHX, FBCEX, FBCJX, FBCKX, FBCCX 65% 0.54%
View all similar funds →

Advisers

As of November 30, 2025 · N-CEN
FirmRole
FMR Investment Management (UK) Limited Sub-adviser
Fidelity Management & Research (Japan) Limited Sub-adviser
Fidelity Management & Research (Hong Kong) Limited Sub-adviser
Fidelity Management & Research Company LLC Adviser

Footnotes

  1. Expense ratio as of January 26, 2026, from the fund's prospectus.
  2. Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. As reported in the fund's prospectus performance bar chart.

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