The 2026 U.S. Lipper Fund Awards are given to individual mutual funds that have outperformed peers based on risk-adjusted, consistent returns. Lipper designates award-winning funds in most individual classifications for the 3-, 5-, and 10-year periods. Fidelity's 25 awards among 20 Fidelity mutual funds in 2026 continue a strong history of Lipper Fund Award recognition across asset classes and investment styles.
Asset allocation funds
| Fund | Managed by | Lipper Award Category |
|---|---|---|
| Fidelity Freedom 2025 Fund; K6 | Brett Sumsion, Caitlin Dourney Earle, Andrew Dierdorf, Finola McGuire Foley | Mixed-Asset Target 2025 category for the 3-year period |
| Fidelity Asset Manager 40% | Katherine Shaw, Avishek Hazrachoudhury | Mixed-Asset Target Allocation Conservative category for the 10-year period |
Domestic and International equity funds
| Fund | Managed by | Lipper Award Category |
|---|---|---|
| Fidelity Global Equity Income Fund | Ramona Persaud | Global Equity Income category for the 10-year period |
| Fidelity Advisor China Region Fund; Z | Ivan Xie, Peifang Sun | China Region category for the 3- and 5-year periods |
| Fidelity Advisor Capital Development Fund; I | Matt Fruhan | Large-Cap Value category for the 3-year period |
| Fidelity Advisor Growth Opportunities Fund; Z | Kyle Weaver, Becky Baker | Multi-Cap Growth category for the 10-year period |
| Fidelity Large Cap Stock K6 Fund | Matt Fruhan | Large-Cap Value category for the 5-year period |
| Fidelity Advisor Mid Cap Value Fund; Z | Anastasia Zabolotnikova, Neil Nabar | Mid-Cap Core category for the 5-year period |
| Fidelity Mid-Cap Stock Fund; K | Daniel Sherwood | Mid-Cap Core category for the 10-year period |
| Fidelity SAI International Momentum Index | Geode Capital Management | International Large-Cap Growth category for the 5-year period |
| Fidelity Series Growth Company Fund | Steven Wymer | Large-Cap Growth category for the 10-year period |
| Fidelity Contrafund; K | William Danoff, Asher Anolic, Jason Weiner | Large-Cap Core category for the 3-year period |
| Fidelity Large Cap Stock Fund | Matt Fruhan | Large-Cap Value category for the 10-year period |
Sector funds
| Fund | Managed by | Lipper Award Category |
|---|---|---|
| Fidelity Advisor Semiconductors Fund; Z | Adam Benjamin | Science and Technology category for the 3- and 5-year periods |
| Fidelity Select Semiconductors Portfolio | Adam Benjamin | Science and Technology category for the 10-year period |
| Fidelity Select Utilities Portfolio | Pranay Kirpalani | Utility category for the 3-, 5-, and 10-year periods |
| Fidelity Infrastructure Fund | Pranay Kirpalani | Global Infrastructure category for the 3- and 5-year periods |
Fixed and high-income funds
| Fund | Managed by | Lipper Award Category |
|---|---|---|
| Fidelity Advisor Convertible Securities Fund; Z | Rick Gandhi, Adam Kramer | Convertible Securities category for the 5-year period |
| Fidelity Capital & Income Fund | Brian Chang, Mark Notkin | High Yield category for the 5-year period |
| Fidelity Series Floating Rate High Income Fund | Kevin Nielsen, Chandler Perine, Eric Mollenhauer | Loan Participation category for the 10-year period |
Lipper determined the award winners by calculating the highest Consistent Return over the 3-, 5-, and 10-year periods ended 11/30/25. The Consistent Return measure takes into account both short- and long-term risk-adjusted performance relative to fund classification. LSEG Lipper Fund Awards are based on Class I or Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by LSEG Lipper. Lipper Leader for Consistent Return ratings do not constitute and are not intended to constitute investment advice or an offer to sell or the solicitation of an offer to buy any security of any entity in any jurisdiction. For more information, see lipperfundawards.com.
FA China Region Fund competed with 17 and 14 China Region Funds over the 3‑ and 5‑year periods, respectively, to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Convertible Securities Fund competed with 15 Convertible Securities Funds over the 5‑year period to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Capital Development Fund competed with 53 Large‑Cap Value Funds over the 3‑year period to win the award. LSEG Lipper Fund Awards are based on Class I shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Mid Cap Value Fund competed with 69 Mid‑Cap Core Funds over the 5‑year period to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Semiconductors Fund competed with 35 and 34 Science & Technology Funds over the 3‑ and 5‑year periods, respectively, to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Growth Opportunities Fund competed with 70 Multi‑Cap Growth Funds over the 10‑year period to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Capital & Income Fund competed with 91 High Yield Funds over the 5‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Large Cap Stock K6 Fund competed with 52 Large‑Cap Value Funds over the 5‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Mid‑Cap Stock K Fund competed with 60 Mid‑Cap Core Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity SAI International Momentum Index competed with 72 International Large‑Cap Growth Funds over the 5‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Select Semiconductors Portfolio competed with 32 Science & Technology Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Select Utilities Portfolio competed with 12, 12, and 12 Utility Funds over the 3‑, 5‑, and 10‑year periods, respectively, to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Series Floating Rate High Income Fund competed with 38 Loan Participation Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Series Growth Company Fund competed with 146 Large‑Cap Growth Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Global Equity Income Fund competed with 18 Global Equity Income Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Infrastructure Fund competed with 23 and 21 Global Infrastructure Funds over the 3‑ and 5‑year periods, respectively, to win the awards. Fund performance may now be higher or lower than the performance that was calculated to win these awards. Fidelity Contrafund K competed with 158 Large‑Cap Core Funds over the 3‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Large Cap Stock Fund competed with 48 Large‑Cap Value Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Freedom 2025 K6 Fund competed with 29 Mixed‑Asset Target 2025 Funds over the 3‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Asset Manager 40% Fund competed with 64 Mixed‑Asset Target Allocation Conservative Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award.
FA China Region Fund competed with 17 and 14 China Region Funds over the 3‑ and 5‑year periods, respectively, to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Convertible Securities Fund competed with 15 Convertible Securities Funds over the 5‑year period to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Capital Development Fund competed with 53 Large‑Cap Value Funds over the 3‑year period to win the award. LSEG Lipper Fund Awards are based on Class I shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Mid Cap Value Fund competed with 69 Mid‑Cap Core Funds over the 5‑year period to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Semiconductors Fund competed with 35 and 34 Science & Technology Funds over the 3‑ and 5‑year periods, respectively, to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. FA Growth Opportunities Fund competed with 70 Multi‑Cap Growth Funds over the 10‑year period to win the award. LSEG Lipper Fund Awards are based on Class Z shares of the respective Fidelity Advisor (FA) fund. Other share classes may have different performance characteristics. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Capital & Income Fund competed with 91 High Yield Funds over the 5‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Large Cap Stock K6 Fund competed with 52 Large‑Cap Value Funds over the 5‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Mid‑Cap Stock K Fund competed with 60 Mid‑Cap Core Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity SAI International Momentum Index competed with 72 International Large‑Cap Growth Funds over the 5‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Select Semiconductors Portfolio competed with 32 Science & Technology Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Select Utilities Portfolio competed with 12, 12, and 12 Utility Funds over the 3‑, 5‑, and 10‑year periods, respectively, to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Series Floating Rate High Income Fund competed with 38 Loan Participation Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Series Growth Company Fund competed with 146 Large‑Cap Growth Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Global Equity Income Fund competed with 18 Global Equity Income Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Infrastructure Fund competed with 23 and 21 Global Infrastructure Funds over the 3‑ and 5‑year periods, respectively, to win the awards. Fund performance may now be higher or lower than the performance that was calculated to win these awards. Fidelity Contrafund K competed with 158 Large‑Cap Core Funds over the 3‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Large Cap Stock Fund competed with 48 Large‑Cap Value Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Freedom 2025 K6 Fund competed with 29 Mixed‑Asset Target 2025 Funds over the 3‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award. Fidelity Asset Manager 40% Fund competed with 64 Mixed‑Asset Target Allocation Conservative Funds over the 10‑year period to win the award. Fund performance may now be higher or lower than the performance that was calculated to win this award.
