FLCNX Mutual Fund — Fidelity Contrafund K6

Fidelity Contrafund K6 (FLCNX)

Updated October 16, 2026.

FLCNX is a Mutual Fund. its distribution rate is 0.16%, its trailing-12-month yield is 10.28%, its expense ratio is 0.73%. Dividend Vision Distribution Safety Score™ is 95/100 (Safe). Total return is 336.1% over the past 9.4 years, 69.7 points ahead of SPY at 266.4%.

Fidelity Contrafund K6 is an actively managed equity mutual fund that invests primarily in common stocks of domestic and foreign companies whose value the fund's managers believe is underrecognized by the market. The fund currently distributes on a semi-annual basis, with the most recent distribution being a special one-time payment, so the current distribution rate may not reflect ongoing regular income. The fund carries an expense ratio of 0.73% and appeals to growth-oriented investors seeking potential capital appreciation through value-focused stock selection.

FLCNX performance versus SPY

Price and return data through 2026-10-16.

Total return is 336.1% over the past 9.4 years, 69.7 points ahead of SPY at 266.4%. Over the past year its total return — price change plus distributions reinvested — is 15.2%. Its deepest 1-year drawdown was 11.7%.

FLCNX key facts

Distribution Safety Score™

95 · Safe

Safety-Adjusted Yield

0.15%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

05/25/2017

Expense ratio

0.73%

Distribution rate

0.16%

Distribution frequency

Semi-Annual

Trailing yield

10.28%

Last close

$37.98 (as of 2026-10-16)

NAV

$37.42 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$37,768,060,000

Average volume

0.0

Dividend

$0.982

Ex-dividend date

02/13/2026

Beta

1.06

How Dividend Vision calculates yield and returns

Distribution rate (0.16%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.28%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FLCNX risks and drawbacks

FLCNX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 11.7%.

Who may consider FLCNX — and who may not

FLCNX may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FLCNX pays semi-annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on FLCNX

• All tickers starting with F

Tagged: Mutual Fund, Active, Growth.

Frequently asked questions

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