Fidelity Low-Priced Stock Fund - Class K (FLPKX)
| Fund Assets | 22.48B |
| Expense Ratio | 0.84% |
| Min. Investment | $0.00 |
| Turnover | 23.00% |
| Dividend (ttm) | 6.65 |
| Dividend Yield | 14.99% |
| Dividend Growth | -17.95% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 6, 2024 |
| Previous Close | 44.32 |
| YTD Return | 9.69% |
| 1-Year Return | 7.64% |
| 5-Year Return | 98.07% |
| 52-Week Low | 35.58 |
| 52-Week High | 49.17 |
| Beta (5Y) | n/a |
| Holdings | 603 |
| Inception Date | May 9, 2008 |
About FLPKX
Fidelity Low-Priced Stock Fund Class K is a mutual fund that primarily seeks capital appreciation by investing at least 80% of its assets in low-priced common stocks, typically those trading at or below $35 per share at the time of investment. The fund focuses on undervalued companies, with a strategy geared towards mid-cap and small-cap equities across diversified sectors including financial services, healthcare, consumer defensive, utilities, and technology. With over 600 holdings, it offers broad exposure to both domestic and select international markets, though its portfolio is concentrated in value-oriented stocks. The fund is actively managed, featuring a relatively low expense ratio compared to its category peers and a moderate portfolio turnover rate. This approach enables the fund to identify long-term growth opportunities among companies that may be overlooked by mainstream investors. Designed primarily for inclusion in employer-sponsored retirement plans, Fidelity Low-Priced Stock Fund Class K plays a significant role in portfolios aiming for potential growth through access to lesser-known but fundamentally strong companies, while maintaining a diversified and disciplined investment process.
Performance
FLPKX had a total return of 7.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.30%.
Top 10 Holdings
12.04% of assets| Name | Symbol | Weight |
|---|---|---|
| Wells Fargo & Company | WFC | 1.76% |
| PG&E Corporation | PCG | 1.67% |
| Fidelity Revere Street Trust - Fidelity Cash Central Fund | n/a | 1.33% |
| Fidelity Revere Street Trust - Fidelity Securities Lending Cash Central Fund | n/a | 1.20% |
| TotalEnergies SE | TTE | 1.12% |
| TD SYNNEX Corporation | SNX | 1.10% |
| Reinsurance Group of America, Incorporated | RGA | 1.06% |
| UnitedHealth Group Incorporated | UNH | 0.99% |
| Jumbo S.A. | BELA | 0.91% |
| Amdocs Limited | DOX | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 6, 2024 | $1.843 | Dec 9, 2024 |
| Sep 13, 2024 | $4.802 | Sep 16, 2024 |
| Dec 8, 2023 | $1.698 | Dec 11, 2023 |
| Sep 8, 2023 | $6.401 | Sep 11, 2023 |
| Dec 9, 2022 | $0.981 | Dec 12, 2022 |
| Sep 9, 2022 | $3.423 | Sep 12, 2022 |