- What does FLPSX invest in?
- The Fidelity Low-Priced Stock Fund primarily seeks investment opportunities in common equities. It is mandated to allocate at least 80% of its assets to stocks categorized as "low-priced," which are defined as shares trading at $35 or less, or those exhibiting an earnings yield equal to or greater than the median for the Russell 2000® Index. This particular investment mandate often directs the fund towards small and medium-sized enterprises. The portfolio maintains the flexibility to incorporate stocks that do not fit the "low-priced" definition, and it may invest in both U.S. and international companies. Furthermore, its investment approach can encompass growth-oriented strategies, value-oriented strategies, or a combination thereof.
- What is the expense ratio of FLPSX?
- Fidelity Low-Priced Stock Fund (FLPSX) charges an expense ratio of 0.87%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FLPSX?
- Fidelity Low-Priced Stock Fund (FLPSX) manages $24.25B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FLPSX actively managed or an index fund?
- FLPSX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FLPSX's is 0.87%) because there's no security selection cost.
- When was FLPSX launched?
- Fidelity Low-Priced Stock Fund (FLPSX) launched in December 1989 and is managed by Fidelity.
- How has FLPSX performed?
- FLPSX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
