- ISIN
- US3163458009
- Issuer
- T. Rowe Price
- Inception Date
- May 9, 2008
- Category
- Mid Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
FLPKX Performance Chart
Fidelity Low-Priced Stock Fund Class K (FLPKX) is up 9.6% since the beginning of the year. FLPKX is currently trading at $45 per share. Investors who bought $1,000 worth of FLPKX shares 5 years ago would now be looking at an investment worth $1,482.
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Returns By Period
Fidelity Low-Priced Stock Fund Class K (FLPKX) has returned 9.60% so far this year and 21.63% over the past 12 months. Over the last ten years, FLPKX has returned 10.94% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Fidelity Low-Priced Stock Fund Class K
- 1D
- 0.07%
- 1M
- 2.66%
- YTD
- 9.60%
- 6M
- 10.53%
- 1Y
- 21.63%
- 3Y*
- 15.05%
- 5Y*
- 8.19%
- 10Y*
- 10.94%
Benchmark (S&P 500 Index)
- 1D
- 0.13%
- 1M
- 5.68%
- YTD
- 11.16%
- 6M
- 11.10%
- 1Y
- 27.46%
- 3Y*
- 21.12%
- 5Y*
- 12.66%
- 10Y*
- 13.75%
FLPKX Monthly Returns History
Based on dividend-adjusted daily data since May 9, 2008, FLPKX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +14.5%, while the worst month was Oct 2008 at -20.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FLPKX closed higher 54% of trading days. The best single day was Sep 8, 2023 with a return of +14.2%, while the worst single day was Sep 11, 2023 at -12.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.52% | 3.39% | -6.56% | 7.03% | 1.35% | 0.07% | 9.60% | ||||||
| 2025 | 2.95% | -2.01% | -2.17% | -1.30% | 5.37% | 4.29% | 0.44% | 4.92% | 0.07% | -1.97% | 2.06% | 1.60% | 14.75% |
| 2024 | -0.93% | 4.38% | 4.77% | -3.32% | 3.84% | -2.30% | 5.16% | 0.02% | 0.39% | -3.34% | 5.08% | -5.83% | 7.33% |
| 2023 | 5.33% | -2.43% | -1.58% | 1.18% | -3.77% | 5.75% | 3.81% | -2.09% | -2.43% | -2.83% | 6.60% | 7.02% | 14.50% |
| 2022 | -2.64% | -0.65% | 1.02% | -4.19% | 3.18% | -10.43% | 6.24% | -2.15% | -8.06% | 10.23% | 6.64% | -2.91% | -5.63% |
| 2021 | 1.59% | 4.46% | 7.28% | 3.65% | 2.63% | -1.29% | -0.10% | 1.14% | -2.72% | 2.76% | -2.94% | 6.31% | 24.57% |
Benchmark Metrics
Fidelity Low-Priced Stock Fund Class K has an annualized alpha of 1.52%, beta of 0.83, and R2 of 0.81 versus S&P 500 Index. Calculated based on daily prices since May 12, 2008.
- This fund participated in 94.75% of S&P 500 Index downside but only 94.38% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.52%
- Beta
- 0.83
- R²
- 0.81
- Upside Capture
- 94.38%
- Downside Capture
- 94.75%
Expense Ratio
FLPKX has an expense ratio of 0.74%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FLPKX ranks 40 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Low-Priced Stock Fund Class K (FLPKX) and compare them to S&P 500 Index.
| FLPKX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.80 | 2.39 | -0.59 |
Sortino ratioReturn per unit of downside risk | 2.64 | 3.25 | -0.61 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.57 | 3.11 | -0.55 |
Martin ratioReturn relative to average drawdown | 8.71 | 14.38 | -5.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Low-Priced Stock Fund Class K provided a 12.17% dividend yield over the last twelve months, with an annual payout of $5.49 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $5.49 | $5.49 | $6.65 | $8.10 | $4.40 | $6.56 | $5.46 | $4.12 | $5.89 | $4.06 | $2.45 | $1.95 |
Dividend yield | 12.17% | 13.34% | 16.33% | 18.41% | 9.55% | 12.20% | 11.24% | 8.23% | 13.58% | 7.46% | 4.95% | 4.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Low-Priced Stock Fund Class K. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.30 | $0.00 | $0.00 | $1.19 | $5.49 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.80 | $0.00 | $0.00 | $1.84 | $6.65 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.40 | $0.00 | $0.00 | $1.70 | $8.10 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.42 | $0.00 | $0.00 | $0.98 | $4.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.58 | $0.00 | $0.00 | $1.98 | $6.56 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Low-Priced Stock Fund Class K. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Low-Priced Stock Fund Class K was 51.34%, occurring on Mar 9, 2009. Recovery took 284 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -51.34%Mar 2009 | 9mo 23d | 1y 1mo | 1y 11moMay 2008 - Apr 2010 |
COVID crash2020 | -38.15%Mar 2020 | 2mo 2d | 7mo 22d | 9mo 24dJan 2020 - Nov 2020 |
2011 bear market2011 | -20.58%Oct 2011 | 5mo 4d | 4mo 16d | 9mo 20dMay 2011 - Feb 2012 |
Rate-hike selloffLate 2018 | -20.09%Dec 2018 | 10mo 29d | 10mo 26d | 1y 9moJan 2018 - Nov 2019 |
Bear market2022 | -18.71%Sep 2022 | 8mo 24d | 10mo 5d | 1y 6moJan 2022 - Jul 2023 |
Drawdown Indicators
| FLPKX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.34% | -56.78% | +5.44% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -9.10% | +0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -17.64% | -18.90% | +1.26% |
Max Drawdown (5Y)Largest decline over 5 years | -18.71% | -25.43% | +6.72% |
Max Drawdown (10Y)Largest decline over 10 years | -38.15% | -33.92% | -4.23% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -6.49% | -10.72% | +4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.60% | 1.97% | +0.63% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with FLPKX
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