FIDELITY CAPITAL TRUST
24F-2NT, 1994-12-21
Previous: FIDELITY CAPITAL TRUST, 497J, 1994-12-21
Next: DELTA NATURAL GAS CO INC, 424B1, 1994-12-21



 <PAGE>

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549

"Rule 24f-2 Notice"

Fidelity Capital Trust


(Name of Registrant)

File No. 2-61760


</PAGE>

 <PAGE>

FILE NO. 2-61760


Fidelity Capital Trust
: Fidelity Capital Appreciation Fund


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended October 31, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

76,626,482 shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

2,498,170 shares


(iv)    Number of Securities Sold During Fiscal Year

84,807,637 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

68,524,862 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
68,524,862

$ 
1,143,652,130

Redemptions:

        
(68,524,862)

$ 
(1,143,652,130)

Net Sales Pursuant to Rule 24f-2:

        
0

$ 
0


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $0


Fidelity Capital Trust
:

Fidelity Capital Appreciation Fund


By  John H. Costello

        Assistant Treasurer

</PAGE>

 <PAGE>

FILE NO. 2-61760


Fidelity Capital Trust
: Fidelity Disciplined Equity Fund


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended October 31, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

32,828,117 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

32,828,117 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
32,828,117

$ 
606,455,260

Redemptions:

        
(18,967,182)

$ 
(349,865,560)

Net Sales Pursuant to Rule 24f-2:

        
13,860,935

$ 
256,589,700


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $88,479.83


Fidelity Capital Trust
:

Fidelity Disciplined Equity Fund


By  John H. Costello

        Assistant Treasurer

</PAGE>

 <PAGE>

FILE NO. 2-61760


Fidelity Capital Trust
: Fidelity Stock Selector


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended October 31, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

42,750,832 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

42,750,832 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
42,750,832

$ 
823,786,159

Redemptions:

        
(32,841,454)

$ 
(631,684,410)

Net Sales Pursuant to Rule 24f-2:

        
9,909,378

$ 
192,101,749


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $66,242.45


Fidelity Capital Trust
:

Fidelity Stock Selector


By  John H. Costello

        Assistant Treasurer

</PAGE>

 <PAGE>

FILE NO. 2-61760


Fidelity Capital Trust
: Fidelity Value Fund


RULE 24F-2 - FILED PURSUANT TO RULE

24f-2(b)(1) OF THE INVESTMENT COMPANY ACT OF 1940

(i)   Fiscal Year for Which Notice Filed

Fiscal year ended October 31, 1994


(ii)    Number of Securities Which Remained Unsold at Beginning of Fiscal Year
Registered Other Than Pursuant to Rule 24f-2

No shares


(iii)     Number of Securities Registered During Fiscal Year Other Than Pursuant
to Rule 24f-2

No shares


(iv)    Number of Securities Sold During Fiscal Year

79,687,119 shares


For information relating to the calculation of the filing fee,
see Note (1) below.

(v)   Number of Securities Sold During Fiscal Year Pursuant to Rule 24f-2

79,687,119 shares


<TABLE>

<CAPTION>



Number of Shares

Aggregate Price

<S>

<C>

<C>

Sales Pursuant to Rule 24f-2:

        
79,687,119

$ 
3,387,951,752

Redemptions:

        
(37,585,338)

$ 
(1,586,209,023)

Net Sales Pursuant to Rule 24f-2:

        
42,101,781

$ 
1,801,742,729


</TABLE>

Note (1) :  Pursuant to Rule 24f-2(c), the filing fee, calculated in the
manner specified in Section 6(b) of the Securities Act
of 1933, amounted to: $621,294.95


Fidelity Capital Trust
:

Fidelity Value Fund


By  John H. Costello

        Assistant Treasurer

</PAGE>



 



December 19, 1994

Mr. John Costello, Assistant Treasurer 
Fidelity Capital Trust (the Trust): 
Fidelity Value Fund 
Fidelity Disciplined Equity Fund 
Fidelity Capital Appreciation Fund 
Fidelity Stock Selector  (the funds) 
82 Devonshire Street 
Boston, Massachusetts 02109 

Dear Mr. Costello:
Fidelity Capital Trust (the Trust) is a Massachusetts business trust 
initially created under the name Fidelity Devon Equity Fund" by a 
written Declaration of Trust dated May 31, 1978, executed and 
delivered in Boston, Massachusetts.  The Trust's name was changed 
to Fidelity Asset Investment Trust" and a supplement to the 
Declaration of Trust was filed with the office of the Secretary of the 
Commonwealth on September 21, 1978.  The Trust's name was 
changed to Fidelity Discover Fund" and a supplement to the 
Declaration of Trust was filed with office of the Secretary of the 
Commonwealth on December 30, 1983.  The Trust's name was 
changed to Fidelity Value Fund" and an amended and restated 
Declaration of Trust was filed with the office of the Secretary of the 
Commonwealth on August 20, 1986.  The Trust's name was 
changed to Fidelity Capital Trust" and a supplement to the 
Declaration of Trust was filed with the office of the Secretary of the 
Commonwealth on November 24, 1986.
I have conducted such legal and factual inquiry as I have deemed 
necessary for the purpose of rendering this opinion. 
Capitalized terms used herein, and not otherwise herein defined, are 
used as defined in the Declaration of Trust. 
Under Article III, Section 1, of the Declaration of Trust, the 
beneficial interest in the Trust shall be divided into such transferable 
Shares of one or more separate and distinct Series as the Trustees 
shall from time to time create and establish.  The number of Shares 
is unlimited and each Share shall be without par value and shall be 
fully paid and non assessable.  The Trustees shall have full power 
and authority, in their sole discretion and without obtaining any 
prior authorization or vote of the Shareholders of the Trust to 
create and establish (and to change in any manner) Shares with such 
preferences, voting powers, rights and privileges as the Trustees 
may from time to time determine, to divide or combine the Shares 
into a greater or lesser number, to classify or reclassify any issued 
Shares into one or more Series of Shares, to abolish any one or 
more Series of Shares, and to take such other action with respect to 
the Shares as the Trustees may deem desirable. 
Under Article III, Section 4, the Trustees shall accept investments 
in the Trust from such persons and on such terms as they may from 
time to time authorize.  Such investments may be in the form of 
cash or securities in which the appropriate Series is authorized to 
invest, valued as provided in Article X, Section 3.  After the date of 
the initial contribution of capital, the number of Shares to represent 
the initial contribution may in the Trustees' discretion be considered 
as outstanding and the amount received by the Trustees on account 
of the contribution shall be treated as an asset of the Trust.  
Subsequent investments in the Trust shall be credited to each 
Shareholder's account in the form of full Shares at the Net Asset 
Value per Share next determined after the investment is received; 
provided, however, that the trustees may, in their sole discretion, 
(a) impose a sales charge upon investments in the Trust and (b) 
issue fractional Shares. 
By a vote adopted on May 31, 1978, and amended on February 22, 
1985, the Board of Trustees authorized the issue and sale, from 
time to time, of an unlimited number of shares of beneficial interest 
of the trust in accordance with the terms included in the current 
Registration Statement and subject to the limitations of the 
Declaration of Trust and any amendments thereto. 
I understand from you that, pursuant to Rule 24f2 under the 
Investment Company Act of 1940, the trust has registered an 
indefinite amount of shares of beneficial interest under the 
Securities Act of 1933.  I further understand that, pursuant to the 
provisions of Rule 24f2,  the trust intends to file with the 
Securities and Exchange Commission a Notice making definite the 
registration of 223,790,930 shares of the trust (the Shares") sold in 
reliance upon Rule 24f2 during the fiscal year ended October 31, 
1994. 
I am of the opinion that all necessary Trust action precedent to the 
issue of Shares has been duly taken, and that all the Shares were 
legally and validly issued, and are fully paid and non assessable, 
except as described in the funds' Statements of Additional 
Information under the heading Shareholder and Trustee Liability."  
In rendering this opinion, I rely on the representation by the trust 
that it or its agent received consideration for the Shares in 
accordance with the Declaration of Trust and I express no opinion 
as to compliance with the Securities Act of 1933, the Investment 
Company Act of 1940 or applicable state Blue Sky" or securities 
laws in connection with sales of the Shares. 
I hereby consent to the filing of this opinion with the Securities and 
Exchange Commission in connection with a Rule 24f2 Notice 
which you are about to file under the 1940 Act with said 
commission. 
Sincerely, 
/s/Arthur S. Loring 
Arthur S. Loring, Esq. 
Vice President- Legal
 
 




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission