FLKSX: Fidelity® Low-Priced Stock K6

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

FLKSX Fidelity® Low-Priced Stock K6


Profile

FLKSX - Profile

Vitals

  • YTD Return -2.2%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $2.17 B
  • Holdings in Top 10 31.1%

52 WEEK LOW AND HIGH

$11.82
$10.45
$12.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.50%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory Uncategorized
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Value

Distributions

  • YTD Total Return -2.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Semi-Monthly
  • Net Income Ratio 1.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Fidelity® Low-Priced Stock K6 Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    May 26, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Morgen Peck

Fund Description

The fund normally invests primarily in common stocks. It normally invests at least 80% of its assets in low-priced stocks (those priced at or below $35 per share or with an earnings yield at or above the median for the Russell 2000 ® Index), which can lead to investments in small and medium-sized companies. The fund potentially invests in stocks not considered low-priced. It invests in domestic and foreign issuers.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

FLKSX - Fund Company Quick Screens


Performance

FLKSX - Performance

Return Ranking - Trailing

Period FLKSX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% -4.4% 0.2% 60.00%
1 Yr 7.5% -12.9% 8.7% 10.00%
3 Yr N/A* -8.8% 4.4% N/A
5 Yr N/A* -6.3% 1.9% N/A
10 Yr N/A* -0.6% 6.3% N/A

* Annualized

Return Ranking - Calendar

Period FLKSX Return Category Return Low Category Return High Rank in Category (%)
2019 21.9% -33.6% 21.9% 10.00%
2018 -11.7% -21.4% -8.4% 30.00%
2017 N/A -9.2% 18.7% N/A
2016 N/A 3.6% 18.9% N/A
2015 N/A -24.0% -2.8% N/A

Total Return Ranking - Trailing

Period FLKSX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% -4.4% 0.2% 60.00%
1 Yr 7.5% -16.1% 8.7% 10.00%
3 Yr N/A* -6.2% 4.4% N/A
5 Yr N/A* -4.4% 5.4% N/A
10 Yr N/A* 3.9% 10.1% N/A

* Annualized

Total Return Ranking - Calendar

Period FLKSX Return Category Return Low Category Return High Rank in Category (%)
2019 21.9% -33.6% 21.9% 10.00%
2018 -10.9% -21.2% -8.3% 40.00%
2017 N/A -5.1% 24.4% N/A
2016 N/A 5.3% 22.9% N/A
2015 N/A -24.0% 3.1% N/A

NAV & Total Return History


Holdings

FLKSX - Holdings

Concentration Analysis

FLKSX Category Low Category High FLKSX % Rank
Net Assets 2.17 B 7.28 M 28.8 B 40.00%
Number of Holdings 755 33 826 40.00%
Net Assets in Top 10 594 M 3.78 M 9.32 B 40.00%
Weighting of Top 10 31.10% 25.0% 44.0% 70.00%

Top 10 Holdings

  1. UnitedHealth Group Inc 5.97%
  2. Ross Stores Inc 3.73%
  3. Seagate Technology PLC 3.62%
  4. Best Buy Co Inc 2.98%
  5. Metro Inc 2.91%
  6. Next PLC 2.88%
  7. AutoZone Inc 2.76%
  8. Amgen Inc 2.11%
  9. MetLife Inc 2.11%
  10. Barratt Developments PLC 2.02%

Asset Allocation

Weighting Return Low Return High FLKSX % Rank
Stocks
91.68% 55.24% 97.03% 60.00%
Cash
8.30% 2.97% 23.29% 50.00%
Preferred Stocks
0.01% 0.00% 0.02% 50.00%
Bonds
0.01% 0.00% 24.89% 40.00%
Other
0.00% 0.00% 4.72% 90.00%
Convertible Bonds
0.00% 0.00% 0.00% 80.00%

Stock Sector Breakdown

Weighting Return Low Return High FLKSX % Rank
Consumer Cyclical
24.90% 8.20% 25.24% 30.00%
Healthcare
16.42% 1.22% 25.15% 50.00%
Technology
15.39% 4.72% 21.24% 40.00%
Financial Services
14.55% 2.93% 26.16% 60.00%
Industrials
8.33% 7.22% 20.01% 60.00%
Consumer Defense
8.04% 0.00% 8.71% 30.00%
Energy
5.05% 4.93% 19.22% 80.00%
Basic Materials
3.46% 0.00% 3.46% 10.00%
Utilities
1.54% 0.00% 3.66% 40.00%
Communication Services
1.38% 0.00% 8.88% 50.00%
Real Estate
0.92% 0.00% 10.67% 50.00%

Stock Geographic Breakdown

Weighting Return Low Return High FLKSX % Rank
US
54.61% 45.73% 77.34% 60.00%
Non US
37.07% 1.26% 47.87% 60.00%

Bond Sector Breakdown

Weighting Return Low Return High FLKSX % Rank
Cash & Equivalents
99.70% 2.97% 100.00% 40.00%
Corporate
0.30% 0.00% 0.63% 30.00%
Derivative
0.00% 0.00% 0.00% 80.00%
Securitized
0.00% 0.00% 0.00% 80.00%
Municipal
0.00% 0.00% 0.00% 80.00%
Government
0.00% 0.00% 62.15% 90.00%

Bond Geographic Breakdown

Weighting Return Low Return High FLKSX % Rank
US
0.01% 0.00% 24.89% 40.00%
Non US
0.00% 0.00% 0.00% 80.00%

Expenses

FLKSX - Expenses

Operational Fees

FLKSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.01% 1.87% 77.78%
Management Fee 0.50% 0.00% 1.00% 50.00%
12b-1 Fee N/A 0.00% 0.50% N/A
Administrative Fee N/A 0.01% 0.08% N/A

Sales Fees

FLKSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.25% 5.25% N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

FLKSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLKSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.00% 17.00% 82.00% 30.00%

Distributions

FLKSX - Distributions

Dividend Yield Analysis

FLKSX Category Low Category High FLKSX % Rank
Dividend Yield 0.00% 0.00% 0.00% 80.00%

Dividend Distribution Analysis

FLKSX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

FLKSX Category Low Category High FLKSX % Rank
Net Income Ratio 1.85% -0.22% 2.85% 60.00%

Capital Gain Distribution Analysis

FLKSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Monthly Annually Semi-Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

FLKSX - Fund Manager Analysis

Managers

Morgen Peck


Start Date

Tenure

Tenure Rank

May 26, 2017

2.68

2.7%

Since joining Fidelity Investments in 2003, Ms. Peck has worked as a research analyst and portfolio manager.

Salim Hart


Start Date

Tenure

Tenure Rank

May 26, 2017

2.68

2.7%

Salim Hart, portfolio manager, is a quantitative analyst at Fidelity Investments. Salim conducts portfolio construction research, designs quantitative models for stock selection, and performs attributions to determine drivers of equity performance. Prior to joining Fidelity in 2007, Salim worked as a software developer/team leader at Esoterix Inc. and as a consultant at Stonebridge Technologies. Salim earned his BBA from the University of Texas at Austin and his MBA from MIT Sloan School of Management. He is also a CFA charterholder.

John Mirshekari


Start Date

Tenure

Tenure Rank

May 26, 2017

2.68

2.7%

Mr. Mirshekari has joined Fidelity Investments since 2003 and has worked as a research analyst and portfolio manager. He is also a member of FMR’s Stock Selector Large Cap Group.

Shadman Riaz


Start Date

Tenure

Tenure Rank

May 26, 2017

2.68

2.7%

Since joining Fidelity Investments in 2001, Mr. Riaz has worked as a research analyst and portfolio manager.

Sam Chamovitz


Start Date

Tenure

Tenure Rank

May 26, 2017

2.68

2.7%

Since joining Fidelity Investments in 2007, Mr. Chamovitz has worked as a research analyst and portfolio manager.

Joel Tillinghast


Start Date

Tenure

Tenure Rank

May 26, 2017

2.68

2.7%

Joel Tillinghast is a portfolio manager for Fidelity Investments. He joined Fidelity Investments in 1986 as an equity analyst covering the tobacco, coal, natural gas, personal care products, and appliance industries. He later served as portfolio assistant on Fidelity OTC Portfolio, a fund available to U.S. investors. Mr. Tillinghast received a Bachelor of Arts degree in economics from Wesleyan University, in Connecticut, and an MBA from the Kellogg School of Management at Northwestern University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.34 30.12 6.66 2.68