Fidelity Low-Priced Stock (FLPSX) a Zacks Ranked #2 (Buy) was incepted in December 1989 and is managed by the Fidelity Group. FLPSX usually invests in small blend companies. The objective of FLPSX is to seek capital appreciation. FLPSX normally invests 80% of assets in low-priced stocks, which can lead to investments in small and medium-sized companies. Dividends and capital gains are declared in September and December every year. This Small Value product, as of the last filing, allocates their fund in six major groups; Large Value, Small Growth, Foreign Stock, Foreign Bond, High Yield Bond and Precious Metal. Further, as of the last filing, UnitedHealth Group Incorporated, Next Plc and Ross Stores Inc were the top holdings for FLPSX. Fidelity Low-Priced Stock, managed by Fidelity, carries an expense ratio of 0.79%. Moreover, FLPSX requires a minimal initial investment of $2,500. FLPSX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 9.6% and 5 year 10.1%. To see how this fund performed compared in its category, please click here. FLPSX’s performance, as of the last filing, when compared to funds in its category was in the top 6% in 1 year, top 10% over the past 3 years, and in the 4% over the past 5 years. Zacks Premium To see the Zacks Mutual Fund Rank for the funds you’re interested in —plus, gain access to the Zacks Rank for your stocks and ETFs; Premium Screens; Equity Research Reports; Focus List portfolio of 50-longer-term stocks and more— start your 30-day free trial to Zacks Premium. View All Zacks #1 Ranked Mutual FundsWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Get Your Free (FLPSX): Fund Analysis Report To read this article on Zacks.com click here. Zacks Investment Research