# Fidelity Low-Priced Stock Fund (FLPSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/flpsx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Equity - Strategy: Passive Index · Inception: 1989-12-27 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 internati... ## Key Facts | Metric | Value | |---|---| | Price | $42.37 | | Expense Ratio | 0.87% | | Assets Under Management | $23.09B | | NAV | $42.37 | | Holdings Count | — | | Distribution Yield (TTM) | 13.33% | | Annual Distribution (TTM) | $5.65 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $39.53 – $48.84 | | Beta | 0.88 | ## Latest Distribution - Amount: $4.4730 /share - Ex-date: 2026-09-11 - Pay date: 2026-09-14 ## Frequently Asked Questions ### 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 $23.09B 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. ### Does FLPSX pay a dividend? Fidelity Low-Priced Stock Fund (FLPSX) currently distributes little or no income. Trailing-twelve-month yield is 13.33%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FLPSX pay dividends? Fidelity Low-Priced Stock Fund pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FLPSX's dividend yield? FLPSX's trailing-twelve-month yield is 13.33%, calculated from the sum of dividends over the past year divided by the current price. ### When is FLPSX's next ex-dividend date? The most recently announced ex-dividend date for FLPSX was 2026-09-11. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FLPSX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.87% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FLPSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FLPSX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FLPSX cost more than a fund like VOO? FLPSX is a passive index fund (current expense ratio 0.87%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to FLPSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FLPSX (0.87%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/flpsx - Distribution history: https://www.dividenddata.com/funds/flpsx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/flpsx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/flpsx/expenses - Peer comparison: https://www.dividenddata.com/funds/flpsx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.