Morningstar

Fidelity Low-Priced Stock K6 Fund FLKSX

Morningstar Medalist Rating
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Medalist Rating as of See Fidelity Investment Hub
  • NAV / 1-Day Return $16.30  /  +0.06 %
  • Fund Size $4.3B
  • Adjusted Expense Ratio 0.500%
  • Net Expense Ratio 0.500%
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Large
  • Morningstar Category Global Small/Mid Stock
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 1.74%
  • Turnover Ratio 29%
NAV and 1-Day Return as of

Morningstar’s Analysis FLKSX

Will FLKSX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FLKSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FLKSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FLKSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An inimitable, value-focused strategy that leans on US stocks but explores the globe.

Principal Robby Greengold

Robby Greengold

Principal

Summary

Fidelity Low-Priced Stock’s seasoned leadership is well-suited to run its patient, risk-averse investment approach, and it retains Above Average ratings for both its People and Process Pillars. Even so, its appetite for international fare warranted a recent recategorization of the fund to the global small/mid-stock Morningstar Category—where Morningstar’s calculation of the excess return opportunity for funds differs from its prior category, mid-cap value—leading to changes in some of the share classes’ Morningstar Medalist Ratings.

by Robby Greengold
Rated on Published on

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Portfolio Holdings FLKSX

More FLKSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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Cash and Equivalents

Wells Fargo & Co

1.38 63M
Financial Services

TotalEnergies SE

1.27 58M
Energy

PG&E Corp

1.16 53M
Utilities

State Street Corp

1.01 46M
Financial Services

Ovintiv Inc

0.95 43M
Energy

Performance Food Group Co

0.94 43M
Consumer Defensive

Labcorp Holdings Inc

0.87 40M
Healthcare

TD Synnex Corp

0.84 38M
Technology

Icon PLC

0.82 37M
Healthcare

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