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Fidelity Puritan Fund (FPURX) in Focus

Fidelity Puritan (FPURX) a Zacks Ranked #3 (Hold) invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower quality debt securities. FPURX invests at least 25% of total assets in fixed income senior securities

This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Growth, Large Value, Intermediate Bond. Further, as of the last filing, FID MORT BACKED SEC CTRL, APPLE INC and ALPHABET INC were the top holdings for FPURX.

The Fidelity Puritan fund, managed by Fidelity, carries an expense ratio of 0.55. Moreover, FPURX requires a minimal initial investment of $2,500.

FPURX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.36% and 5 year 8.03%. To see how this fund performed compared in its category, please click here.

FPURX’s performance, as of the last filing, when compared to funds in its category was in the top 34% in 1 year, top 3% over the past 3 years, and in the 10% over the past 5 years.

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