FLPSX: Fidelity® Low-Priced Stock

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FLPSX Fidelity® Low-Priced Stock


Profile

FLPSX - Profile

Vitals

  • YTD Return -14.8%
  • 3 Yr Annualized Return -5.9%
  • 5 Yr Annualized Return -2.2%
  • Net Assets $24.5 B
  • Holdings in Top 10 32.9%

52 WEEK LOW AND HIGH

$42.62
$31.19
$50.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

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

BROKERAGE FEES

  • Turnover 17.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification


Distributions

  • YTD Total Return -14.8%
  • 3 Yr Annualized Total Return -3.2%
  • 5 Yr Annualized Total Return 2.0%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 1.86%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity® Low-Priced Stock Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Dec 27, 1989
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joel Tillinghast

Fund Description

The fund normally invests primarily in common stocks and 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. It potentially invests in stocks not considered low-priced and in domestic and foreign issuers. The fund invests in either "growth" stocks or "value" stocks or both.


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Categories

Fund Company Quick Screens

FLPSX - Fund Company Quick Screens


Performance

FLPSX - Performance

Return Ranking - Trailing

Period FLPSX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.8% -42.4% 39.2% 95.24%
1 Yr -4.7% -47.6% 49.9% 78.59%
3 Yr -5.9%* -37.6% 17.4% 90.02%
5 Yr -2.2%* -18.9% 16.6% 89.71%
10 Yr 2.1%* -9.5% 13.2% 70.02%

* Annualized

Return Ranking - Calendar

Period FLPSX Return Category Return Low Category Return High Rank in Category (%)
2019 15.3% -46.3% 66.4% 69.64%
2018 -20.4% -64.5% 1.8% 82.32%
2017 10.2% -38.9% 80.9% 85.11%
2016 3.6% -26.1% 36.8% 57.92%
2015 -5.0% -42.3% 13.2% 41.66%

Total Return Ranking - Trailing

Period FLPSX Return Category Return Low Category Return High Rank in Category (%)
YTD -14.8% -42.4% 39.2% 95.24%
1 Yr -4.7% -47.6% 49.9% 78.59%
3 Yr -3.2%* -37.0% 20.0% 87.38%
5 Yr 2.0%* -17.0% 17.3% 84.82%
10 Yr 7.7%* -5.8% 15.4% 26.50%

* Annualized

Total Return Ranking - Calendar

Period FLPSX Return Category Return Low Category Return High Rank in Category (%)
2019 15.3% -46.3% 66.4% 69.64%
2018 -14.7% -64.5% 4.0% 72.02%
2017 20.7% -9.3% 80.9% 35.15%
2016 8.8% -23.9% 39.4% 18.42%
2015 -1.2% -34.5% 13.2% 32.25%

NAV & Total Return History


Holdings

FLPSX - Holdings

Concentration Analysis

FLPSX Category Low Category High FLPSX % Rank
Net Assets 24.5 B 12 K 55 B 1.60%
Number of Holdings 762 2 8660 0.44%
Net Assets in Top 10 7.43 B 77.7 K 33 B 5.17%
Weighting of Top 10 32.92% 10.7% 109.6% 85.46%

Top 10 Holdings

  1. UnitedHealth Group Inc 5.99%
  2. Metro Inc 4.35%
  3. Ross Stores Inc 3.52%
  4. Next PLC 3.11%
  5. Amgen Inc 2.87%
  6. AutoZone Inc 2.86%
  7. Best Buy Co Inc 2.85%
  8. Seagate Technology PLC 2.80%
  9. MetLife Inc 2.31%
  10. Anthem Inc 2.26%

Asset Allocation

Weighting Return Low Return High FLPSX % Rank
Stocks
94.32% 62.95% 259.02% 27.95%
Cash
5.61% -93.75% 187.11% 18.94%
Other
0.04% -2.38% 75.09% 46.42%
Preferred Stocks
0.01% 0.00% 13.36% 45.98%
Bonds
0.01% -235.37% 28.44% 74.14%
Convertible Bonds
0.00% 0.00% 6.64% 74.39%

Stock Sector Breakdown

Weighting Return Low Return High FLPSX % Rank
Consumer Cyclical
23.99% 0.00% 32.90% 0.81%
Healthcare
19.17% 0.00% 53.30% 6.61%
Technology
14.57% 0.00% 51.17% 82.98%
Financial Services
12.02% 0.00% 47.35% 79.24%
Consumer Defense
10.77% 0.00% 30.49% 6.11%
Industrials
8.45% 0.00% 47.47% 92.96%
Energy
4.41% 0.00% 85.32% 13.34%
Basic Materials
3.03% 0.00% 34.56% 82.17%
Utilities
1.49% 0.00% 80.71% 87.59%
Communication Services
1.27% 0.00% 37.99% 95.32%
Real Estate
0.84% 0.00% 43.77% 94.20%

Stock Geographic Breakdown

Weighting Return Low Return High FLPSX % Rank
US
53.62% -0.92% 78.23% 56.20%
Non US
40.70% 5.26% 193.33% 30.09%

Bond Sector Breakdown

Weighting Return Low Return High FLPSX % Rank
Cash & Equivalents
99.52% -0.83% 187.10% 17.98%
Corporate
0.48% 0.00% 99.82% 77.65%
Derivative
0.00% -170.75% 74.30% 57.74%
Securitized
0.00% 0.00% 40.76% 74.72%
Municipal
0.00% 0.00% 5.04% 64.42%
Government
0.00% -2.84% 85.11% 77.22%

Bond Geographic Breakdown

Weighting Return Low Return High FLPSX % Rank
US
0.01% -189.52% 31.35% 74.70%
Non US
0.00% -10.76% 33.33% 75.20%

Expenses

FLPSX - Expenses

Operational Fees

FLPSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.01% 45.88% 69.76%
Management Fee 0.37% 0.00% 1.60% 59.42%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FLPSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FLPSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 2.00% 66.67%

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.

FLPSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.00% 614.00% 26.62%

Distributions

FLPSX - Distributions

Dividend Yield Analysis

FLPSX Category Low Category High FLPSX % Rank
Dividend Yield 0.00% 0.00% 11.17% 23.76%

Dividend Distribution Analysis

FLPSX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Annually

Net Income Ratio Analysis

FLPSX Category Low Category High FLPSX % Rank
Net Income Ratio 1.86% -7.55% 13.14% 30.89%

Capital Gain Distribution Analysis

FLPSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

FLPSX - Fund Manager Analysis

Managers

Joel Tillinghast


Start Date

Tenure

Tenure Rank

Dec 27, 1989

30.7

30.7%

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.

John Mirshekari


Start Date

Tenure

Tenure Rank

Sep 06, 2011

8.99

9.0%

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

Sep 06, 2011

8.99

9.0%

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

Morgen Peck


Start Date

Tenure

Tenure Rank

May 31, 2016

4.25

4.3%

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

Sam Chamovitz


Start Date

Tenure

Tenure Rank

Apr 21, 2017

3.36

3.4%

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

Salim Hart


Start Date

Tenure

Tenure Rank

Apr 21, 2017

3.36

3.4%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 38.02 5.22 0.67