FLPSX Mutual Fund — Fidelity Low-Priced Stock Fund

Fidelity Low-Priced Stock Fund (FLPSX)

Updated October 16, 2026.

FLPSX is a Mutual Fund. its distribution rate is 13.45%, its trailing-12-month yield is 13.45%, its expense ratio is 0.87%. Dividend Vision Distribution Safety Score™ is 83/100 (Safe). Total return is 11031.7% over the past 36.6 years.

Fidelity Low-Priced Stock Fund is a mutual fund that invests primarily in common stocks priced at or below $35 per share or meeting earnings yield criteria, typically resulting in exposure to small and mid-sized companies using both growth and value strategies. The fund carries an expense ratio of 0.87% and currently distributes at a high rate. It appeals to equity investors seeking exposure to lower-priced stocks across the size and style spectrum.

FLPSX performance

Price and return data through 2026-10-16.

Total return is 11031.7% over the past 36.6 years. Over the past year its total return — price change plus distributions reinvested — is 16.5%. Its deepest 1-year drawdown was 13.2%.

FLPSX key facts

Distribution Safety Score™

83 · Safe

Safety-Adjusted Yield

11.16%

Issuer

Fidelity Investments

Asset type

Mutual Fund

Asset class

Equity

Inception date

12/27/1989

Expense ratio

0.87%

Distribution rate

13.45%

Distribution frequency

Semi-Annual

Trailing yield

13.45%

Last close

$42.00 (as of 2026-10-16)

NAV

$39.85 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$23,089,680,000

Average volume

0.0

Dividend

$4.473

Ex-dividend date

09/11/2026

Payment date

09/14/2026

Beta

0.86

How Dividend Vision calculates yield and returns

Distribution rate (13.45%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (13.45%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FLPSX risks and drawbacks

Payments are semi-annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 13.2%.

Who may consider FLPSX — and who may not

FLPSX may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FLPSX pays semi-annual). This is educational context, not a recommendation to buy or sell.

More on FLPSX

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Tagged: Mutual Fund.

Frequently asked questions

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