Fidelity Low-Priced Stock Fund (FLPSX)
FLPSX Price Chart
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FLPSX Fund Profile
Key details and information about Fidelity Low-Priced Stock Fund (FLPSX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
27 Dec 1989
Country
US
Description
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.
FLPSX Fund Performance
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