Fidelity Low-Priced Stock Fund

Fidelity Puritan Trust · 7 share classes

Actively managed global equity fund
One fund, 7 share classes:FLPSXFLPKXFLPEXFLPDXFLPFXFLPGXFLPCX
$23.82B NAV
564 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Fidelity Low-Priced Stock Fund is an actively managed global equity fund.

Asset class
Equity
Region
Global
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2025 Q3

Fidelity Low-Priced Stock Fund seeks capital appreciation.

Strategy · summarised

The fund invests at least 80% of assets in stocks priced at or below $35 per share or with earnings yields at or above the Russell 2000 Index median, using fundamental analysis to select holdings across growth and value styles in both domestic and foreign issuers. Because security selection depends on the manager's analysis and screening criteria, fund holdings and returns may diverge from those of the Russell 2000 Index or other low-priced stock benchmarks.

Expenses
0.79% 1.91%across 7 share classes
Share classExpense ratio
FLPSX0.87%
FLPKX0.79%
FLPEX1.91%
FLPDX1.40%
FLPFX0.91%
FLPGX0.80%
FLPCX1.15%

Portfolio turnover 22.00% · as of 2025 Q3

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.89%
of net assets
Stocks96.08%
Cash & short-term4.81%

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
International36.1%
Financials17.2%
Industrials9.7%
Consumer Discretionary7.0%
10 smaller29.9%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 29 new27 exited

Largest new: HBAN, KMB, REZI, SKT, CVSA, BCO, KVUE, MRSH

Largest exited: KINGBOARD HOLDINGS LTD, CHRD, CADENCE BANK, SIGI, ASB, TRI POINTE HOMES INC, WHD, OMF

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+27.30%+48.44%+51.02%12.94%-8.29%
+27.40%+48.75%+51.57%12.95%-8.26%
+26.00%12.91%
+26.61%12.93%
+27.25%12.93%
+27.40%12.95%
+26.94%12.94%

These classes hold the same portfolio, so the 1.40pp spread over 1 year is the cost difference between them — roughly 1.40pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Fidelity Revere Street Trust3.65%$870.40M
TOTALENERGIES SE1.40%$332.91M
WELLS FARGO and COWFC1.34%$318.30M
Fidelity Revere Street Trust1.16%$275.60M
PG and E CORPPCG1.09%$259.86M
OVINTIV INCOVV1.05%$250.15M
STATE STREET CORPSTT0.87%$207.01M
TD SYNNEX CORPSNX0.85%$202.79M
PERFORMANCE FOOD GROUP COPFGC0.80%$189.70M
SANMINA CORPSANM0.77%$182.27M
Showing 10 of 564Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 12.97% of net assets, top 25 23.08%, across 560 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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