Morningstar

Fidelity Puritan Fund FPURX

Medalist Rating as of Jun 10, 2026 See Fidelity Investment Hub

Will FPURX outperform in the future?

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

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Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FPURX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FPURX 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 FPURX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A well-managed but higher-risk offering.

Associate Analyst Mary Marshall

Mary Marshall

Associate Analyst

Summary

A strong lead manager and supporting firm resources set Fidelity Puritan apart from most moderate-allocation Morningstar Category peers. That said, the portfolio’s signature allocations introduce more volatility than investors typically expect from a balanced fund, which tempers our conviction.

by Mary Marshall

Rated on Jun 10, 2026 Published on Jun 10, 2026

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