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Critical Facts You Need to Know About Preferred Stocks
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Fidelity Low-Priced Stock K6 Fund
mutual fund
FLKSX
Payout Change
Pending
Price as of:
$15.51
+0.05
+0.32%
primary theme
U.S. Mid-Cap Value Equity
share class
FLKSX (Mutual Fund)
Fidelity Low-Priced Stock K6 Fund
Payout Change
Pending
Price as of:
$15.51
+0.05
+0.32%
primary theme
U.S. Mid-Cap Value Equity
share class
FLKSX (Mutual Fund)
Fidelity Low-Priced Stock K6 Fund
Payout Change
Pending
Price as of:
$15.51
+0.05
+0.32%
primary theme
U.S. Mid-Cap Value Equity
share class
Name
As of 10/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
11.2%
1 yr return
22.6%
3 Yr Avg Return
8.3%
5 Yr Avg Return
13.0%
Net Assets
$4.17 B
Holdings in Top 10
16.0%
52 WEEK LOW AND HIGH
$15.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 27.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FLKSX - Profile
Distributions
- YTD Total Return 11.2%
- 3 Yr Annualized Total Return 8.3%
- 5 Yr Annualized Total Return 13.0%
- Capital Gain Distribution Frequency Semi-Monthly
- Net Income Ratio 1.23%
- Dividend Yield 3.2%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameFidelity Low-Priced Stock K6 Fund
-
Fund Family NameFidelity Group of Funds
-
Inception DateMay 31, 2017
-
Shares OutstandingN/A
-
Share ClassK6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMorgen Peck
Fund Description
Normally investing primarily in common stocks. Normally investing at least 80% of 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. Earnings yield represents a stock's earnings per share for the most recent 12-months divided by current price per share. Potentially investing in stocks not considered low-priced. Investing in domestic and foreign issuers. Investing in either "growth" stocks or "value" stocks or both. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
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FLKSX - Performance
Return Ranking - Trailing
| Period | FLKSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.2% | 2.7% | 25.0% | 58.04% |
| 1 Yr | 22.6% | 12.4% | 42.7% | 66.21% |
| 3 Yr | 8.3%* | -2.3% | 14.8% | 33.15% |
| 5 Yr | 13.0%* | 1.5% | 19.4% | 16.15% |
| 10 Yr | N/A* | 1.8% | 12.5% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FLKSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 7.1% | -11.3% | 33.3% | 60.38% |
| 2022 | -8.5% | -41.6% | 2.3% | 9.67% |
| 2021 | 18.2% | -41.5% | 44.9% | 56.79% |
| 2020 | 7.5% | -29.0% | 22.1% | 8.17% |
| 2019 | 21.9% | -8.1% | 31.2% | 48.84% |
Total Return Ranking - Trailing
| Period | FLKSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.2% | 2.7% | 25.0% | 58.04% |
| 1 Yr | 22.6% | 12.4% | 42.7% | 66.21% |
| 3 Yr | 8.3%* | -2.3% | 14.8% | 33.15% |
| 5 Yr | 13.0%* | 1.5% | 19.4% | 16.15% |
| 10 Yr | N/A* | 1.8% | 12.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FLKSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.8% | -3.7% | 36.5% | 34.70% |
| 2022 | -5.2% | -35.0% | 2.4% | 22.93% |
| 2021 | 24.7% | 6.2% | 48.3% | 81.44% |
| 2020 | 9.3% | -22.9% | 23.2% | 8.73% |
| 2019 | 25.1% | -3.0% | 35.7% | 65.41% |
NAV & Total Return History
FLKSX - Holdings
Concentration Analysis
| FLKSX | Category Low | Category High | FLKSX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.17 B | 991 K | 28 B | 17.17% |
| Number of Holdings | 673 | 8 | 2308 | 4.36% |
| Net Assets in Top 10 | 663 M | 319 K | 5.52 B | 22.62% |
| Weighting of Top 10 | 16.02% | 4.6% | 100.3% | 74.93% |
Top 10 Holdings
- Fidelity Cash Central Fund 4.00%
- UNITEDHEALTH GROUP INC 1.68%
- WELLS FARGO and CO 1.65%
- METRO INC 1.51%
- PG and E CORP 1.49%
- ELEVANCE HEALTH INC 1.21%
- TOTALENERGIES SE ADR 1.21%
- UNUM GROUP 1.14%
- UNIVERSAL HEALTH SVCS INC CL B 1.07%
- CIGNA GROUP (THE) 1.06%
Asset Allocation
| Weighting | Return Low | Return High | FLKSX % Rank | |
|---|---|---|---|---|
| Stocks | 95.93% | 56.67% | 103.53% | 89.92% |
| Cash | 4.77% | 0.00% | 38.75% | 14.71% |
| Bonds | 0.00% | 0.00% | 25.59% | 4.90% |
| Preferred Stocks | 0.00% | 0.00% | 1.68% | 57.22% |
| Other | 0.00% | -0.10% | 7.30% | 70.57% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 52.33% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FLKSX % Rank | |
|---|---|---|---|---|
| Consumer Cyclical | 18.69% | 0.00% | 29.62% | 5.48% |
| Healthcare | 16.82% | 0.00% | 32.47% | 6.58% |
| Financial Services | 14.88% | 0.00% | 60.11% | 85.75% |
| Technology | 11.39% | 0.00% | 30.07% | 21.37% |
| Energy | 11.19% | 0.00% | 29.17% | 11.51% |
| Consumer Defense | 8.98% | 0.00% | 33.79% | 13.97% |
| Industrials | 8.96% | 0.00% | 29.02% | 87.95% |
| Basic Materials | 5.33% | 0.00% | 23.88% | 56.16% |
| Utilities | 1.59% | 0.00% | 24.69% | 86.85% |
| Communication Services | 1.22% | 0.00% | 19.80% | 73.42% |
| Real Estate | 0.95% | 0.00% | 40.74% | 89.04% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FLKSX % Rank | |
|---|---|---|---|---|
| US | 63.68% | 56.67% | 103.53% | 98.91% |
| Non US | 32.25% | 0.00% | 33.85% | 0.82% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FLKSX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 4.77% | 0.00% | 100.00% | 13.35% |
| Derivative | 0.00% | -0.10% | 2.31% | 59.40% |
| Securitized | 0.00% | 0.00% | 22.78% | 51.08% |
| Corporate | 0.00% | 0.00% | 100.00% | 53.85% |
| Municipal | 0.00% | 0.00% | 0.00% | 50.77% |
| Government | 0.00% | 0.00% | 36.92% | 51.38% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FLKSX % Rank | |
|---|---|---|---|---|
| US | 0.00% | 0.00% | 25.59% | 4.90% |
| Non US | 0.00% | 0.00% | 0.00% | 51.77% |
FLKSX - Expenses
Operational Fees
| FLKSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | 16.92% | 91.80% |
| Management Fee | 0.50% | 0.00% | 1.20% | 15.26% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| FLKSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| FLKSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FLKSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 27.00% | 0.00% | 227.00% | 24.18% |
FLKSX - Distributions
Dividend Yield Analysis
| FLKSX | Category Low | Category High | FLKSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.21% | 0.00% | 22.79% | 12.84% |
Dividend Distribution Analysis
| FLKSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| FLKSX | Category Low | Category High | FLKSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.23% | -1.84% | 4.73% | 21.98% |
Capital Gain Distribution Analysis
| FLKSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Semi-Monthly | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 13, 2024 | $0.251 | OrdinaryDividend |
| Sep 13, 2024 | $0.101 | CapitalGainShortTerm |
| Sep 13, 2024 | $0.850 | CapitalGainLongTerm |
| Dec 08, 2023 | $0.074 | OrdinaryDividend |
| Dec 08, 2023 | $0.020 | CapitalGainShortTerm |
| Dec 08, 2023 | $0.302 | CapitalGainLongTerm |
| Sep 08, 2023 | $0.212 | OrdinaryDividend |
| Sep 08, 2023 | $0.400 | CapitalGainLongTerm |
| Dec 09, 2022 | $0.083 | OrdinaryDividend |
| Sep 09, 2022 | $0.405 | OrdinaryDividend |
| Dec 10, 2021 | $0.245 | OrdinaryDividend |
| Sep 10, 2021 | $0.575 | OrdinaryDividend |
| Dec 11, 2020 | $0.074 | OrdinaryDividend |
| Sep 11, 2020 | $0.117 | OrdinaryDividend |
| Dec 13, 2019 | $0.101 | OrdinaryDividend |
| Sep 13, 2019 | $0.121 | OrdinaryDividend |
| Sep 13, 2019 | $0.015 | CapitalGainShortTerm |
| Sep 13, 2019 | $0.061 | CapitalGainLongTerm |
| Dec 07, 2018 | $0.017 | CapitalGainShortTerm |
| Dec 07, 2018 | $0.031 | CapitalGainLongTerm |
| Dec 07, 2018 | $0.088 | OrdinaryDividend |
| Sep 14, 2018 | $0.012 | CapitalGainShortTerm |
| Sep 14, 2018 | $0.003 | CapitalGainLongTerm |
| Sep 14, 2018 | $0.086 | OrdinaryDividend |
| Dec 08, 2017 | $0.060 | OrdinaryDividend |
| Dec 08, 2017 | $0.010 | CapitalGainShortTerm |
| Dec 08, 2017 | $0.001 | CapitalGainLongTerm |
FLKSX - Fund Manager Analysis
Managers
Morgen Peck
Start Date
Tenure
Tenure Rank
May 26, 2017
5.02
5.0%
Since joining Fidelity Investments in 2003, Ms. Peck has worked as a research analyst and portfolio manager.
Salim Hart
Start Date
Tenure
Tenure Rank
May 26, 2017
5.02
5.0%
Salim Hart, portfolio manager, is a quantitative analyst at Fidelity Investments. Salim conducts portfolio construction research, designs quantitative models for stock selection, and performs attributions to determine drivers of equity performance. Prior to joining Fidelity in 2007, Salim worked as a software developer/team leader at Esoterix Inc. and as a consultant at Stonebridge Technologies. Salim earned his BBA from the University of Texas at Austin and his MBA from MIT Sloan School of Management. He is also a CFA charterholder.
John Mirshekari
Start Date
Tenure
Tenure Rank
May 26, 2017
5.02
5.0%
Mr. Mirshekari has joined Fidelity Investments since 2003 and has worked as a research analyst and portfolio manager. He is also a member of FMR’s Stock Selector Large Cap Group.
Shadman Riaz
Start Date
Tenure
Tenure Rank
May 26, 2017
5.02
5.0%
Since joining Fidelity Investments in 2001, Mr. Riaz has worked as a research analyst and portfolio manager.
Sam Chamovitz
Start Date
Tenure
Tenure Rank
May 26, 2017
5.02
5.0%
Since joining Fidelity Investments in 2007, Mr. Chamovitz has worked as a research analyst and portfolio manager.
Joel Tillinghast
Start Date
Tenure
Tenure Rank
May 26, 2017
5.02
5.0%
Joel Tillinghast is a portfolio manager for Fidelity Investments. He joined Fidelity Investments in 1986 as an equity analyst covering the tobacco, coal, natural gas, personal care products, and appliance industries. He later served as portfolio assistant on Fidelity OTC Portfolio, a fund available to U.S. investors. Mr. Tillinghast received a Bachelor of Arts degree in economics from Wesleyan University, in Connecticut, and an MBA from the Kellogg School of Management at Northwestern University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.59 | 8.2 | 10.92 |
