Fidelity Low-Priced Stock Fund (FLPSX)
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.
Fund Info
| ISIN | US3163453059 |
|---|---|
| CUSIP | 316345305 |
| Issuer | T. Rowe Price |
| Inception Date | Dec 27, 1989 |
| Category | Mid Cap Value Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Value |
Expense Ratio
FLPSX has a high expense ratio of 0.82%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Low-Priced Stock Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Low-Priced Stock Fund had a return of 8.37% year-to-date (YTD) and 22.90% in the last 12 months. Over the past 10 years, Fidelity Low-Priced Stock Fund had an annualized return of 9.85%, while the S&P 500 had an annualized return of 10.79%, indicating that Fidelity Low-Priced Stock Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.37% | 9.47% |
| 1 month | 3.98% | 1.91% |
| 6 months | 20.54% | 18.36% |
| 1 year | 22.90% | 26.61% |
| 5 years (annualized) | 12.76% | 12.90% |
| 10 years (annualized) | 9.85% | 10.79% |
Monthly Returns
The table below presents the monthly returns of FLPSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.93% | 4.35% | 4.76% | -3.33% | 8.37% | ||||||||
| 2023 | 5.33% | -2.45% | -1.58% | 1.16% | -3.77% | 5.74% | 3.81% | -2.10% | -2.41% | -2.85% | 6.59% | 7.02% | 14.41% |
| 2022 | -2.64% | -0.67% | 1.02% | -4.19% | 3.16% | -10.44% | 6.26% | -2.16% | -8.06% | 10.19% | 6.63% | -2.90% | -5.69% |
| 2021 | 1.58% | 4.45% | 7.27% | 3.65% | 2.61% | -1.29% | -0.10% | 1.14% | -2.75% | 2.76% | -2.96% | 6.31% | 24.46% |
| 2020 | -4.36% | -9.07% | -17.26% | 12.72% | 4.09% | 1.61% | 4.31% | 4.65% | -1.06% | -1.65% | 13.40% | 5.80% | 9.34% |
| 2019 | 8.41% | 2.27% | -0.42% | 2.32% | -5.59% | 4.99% | 0.91% | -4.59% | 3.71% | 3.23% | 4.81% | 3.94% | 25.75% |
| 2018 | 4.35% | -4.41% | -0.81% | 2.09% | -0.69% | 0.57% | 1.18% | 0.72% | 0.42% | -6.70% | 0.96% | -8.27% | -10.80% |
| 2017 | 1.17% | 2.16% | 0.92% | 1.53% | 1.11% | 0.62% | 2.01% | 0.18% | 2.79% | 1.70% | 2.92% | 1.89% | 20.69% |
| 2016 | -5.34% | 0.71% | 5.93% | -0.31% | 0.94% | -1.24% | 3.44% | 0.34% | 1.07% | -2.58% | 5.45% | 0.57% | 8.77% |
| 2015 | -3.08% | 6.04% | -0.97% | 2.13% | 1.07% | -0.70% | 0.44% | -3.82% | -2.18% | 3.97% | 0.41% | -2.80% | 0.02% |
| 2014 | -3.36% | 4.37% | 1.14% | -1.19% | 1.38% | 2.63% | -1.64% | 3.41% | -2.33% | 2.23% | 1.54% | 0.76% | 9.01% |
| 2013 | 5.04% | 0.31% | 4.76% | 2.87% | 1.72% | -0.18% | 5.05% | -1.80% | 5.40% | 3.56% | 2.39% | 2.16% | 35.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FLPSX is 82, placing it in the top 18% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
FLPSX (Fidelity Low-Priced Stock Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Low-Priced Stock Fund (FLPSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Low-Priced Stock Fund granted a 16.88% dividend yield in the last twelve months. The annual payout for that period amounted to $8.06 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $8.06 | $8.06 | $4.37 | $6.51 | $5.42 | $4.07 | $5.84 | $4.86 | $2.40 | $2.46 | $3.47 | $3.69 |
Dividend yield | 16.88% | 18.29% | 9.45% | 12.11% | 11.14% | 8.14% | 13.45% | 8.91% | 4.85% | 5.15% | 6.91% | 7.46% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Low-Priced Stock Fund. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.38 | $0.00 | $0.00 | $1.68 | $8.06 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.40 | $0.00 | $0.00 | $0.97 | $4.37 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.55 | $0.00 | $0.00 | $1.96 | $6.51 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.16 | $0.00 | $0.00 | $2.26 | $5.42 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.66 | $0.00 | $0.00 | $0.41 | $4.07 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.74 | $0.00 | $0.00 | $2.10 | $5.84 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.09 | $0.00 | $0.00 | $0.77 | $4.86 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.48 | $0.00 | $0.00 | $0.92 | $2.40 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.14 | $0.00 | $0.00 | $0.32 | $2.46 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.72 | $0.00 | $0.00 | $0.75 | $3.47 |
| 2013 | $2.46 | $0.00 | $0.00 | $1.23 | $3.69 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Low-Priced Stock Fund. 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 was 52.95%, occurring on Mar 9, 2009. Recovery took 440 trading sessions.
The current Fidelity Low-Priced Stock Fund drawdown is 0.04%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -52.95% | Jul 16, 2007 | 415 | Mar 9, 2009 | 440 | Dec 3, 2010 | 855 |
| -38.16% | Jan 21, 2020 | 44 | Mar 23, 2020 | 162 | Nov 10, 2020 | 206 |
| -27.71% | Apr 23, 1998 | 97 | Sep 4, 1998 | 397 | Mar 16, 2000 | 494 |
| -26.45% | May 16, 2002 | 102 | Oct 9, 2002 | 186 | Jul 9, 2003 | 288 |
| -20.31% | May 2, 2011 | 92 | Sep 9, 2011 | 104 | Feb 8, 2012 | 196 |
Volatility
Volatility Chart
The current Fidelity Low-Priced Stock Fund volatility is 2.99%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.