About FLBSX
The Fidelity Low-Priced Stock Fund is a diversified mutual fund focused on seeking capital appreciation by investing primarily in common stocks of companies with relatively low share prices. Specifically, it targets securities priced at or below $35 per share or those with earnings yields at or above the median for the Russell 2000 Index. The fund's strategy emphasizes small- and mid-cap companies across both domestic and international markets, favoring firms that appear undervalued relative to their intrinsic value.
This fund employs a value-oriented investment approach, often identifying opportunities in businesses that are out of favor or overlooked, including those with perceived challenges or lacking near-term growth catalysts. It casts a wide net across sectors such as financial services, consumer cyclicals, industrials, technology, and healthcare, contributing to a diversified portfolio with more than 600 holdings.
The Fidelity Low-Priced Stock Fund has established itself as a significant player in the mid-cap value category, attracting investors interested in long-term growth and risk-adjusted returns. Its disciplined, research-driven process and focus on resilient, well-managed companies purchased at modest prices underpin its role as a prominent value strategy in the mutual fund landscape.
Fund Family Franklin Templeton Investments
Category Target-Date 2060+
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol FLBSX
Share Class Class C
Index MSCI AC World NR USD
FLBSX had a total return of 28.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.80%.
