FLPEX Fees and Costs — Fidelity Low-Priced Stock Fund, Class C
Data updated: 2026-10-13
The net expense ratio is 1.60%: a 0.59% management fee, a 1.00% 12b-1 fee plus 0.01% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $5.4M in broker commissions, 0.0229% of average net assets, and portfolio turnover was 23%.
FLPEX Fees and Expenses
Annual operating expenses and sales charges of FLPEX. Prospectus, as of September 29, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.60% |
| Fee waiver | — |
| Net expense ratio | 1.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
FLPEX Costs Over Time
On $10,000 invested in FLPEX, assuming 5% a year before costs, total costs come to $1,003 over 5 years, cutting the return by 1.70% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.60%) | $168 | $521 | $897 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $26 | $92 |
| Total costs | $274 | $555 | $1,003 |
| Value after costs | $10,226 | $11,022 | $11,760 |
| Impact on return, per year | 2.74% | 1.70% | 1.70% |
FLPEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0229%
- Total broker commissions: $5.4M
- Bought from dealers (principal trades, not a cost): $4.6M
- Portfolio turnover (prospectus): 23%
FLPEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA CORPORATION | $529K | 13.68% |
| UBS GROUP AG | $509K | 13.16% |
| GOLDMAN SACHS GROUP INC (THE) | $508K | 13.13% |
| JPMORGAN CHASE and CO | $485K | 12.53% |
| MORGAN STANLEY | $448K | 11.59% |
| BARCLAYS PLC | $424K | 10.97% |
| JEFFERIES FINANCIAL GROUP INC | $363K | 9.39% |
| CITIGROUP INC | $293K | 7.57% |
| THE TORONTO DOMINION BANK | $155K | 4.01% |
| TP ICAP GROUP PLC | $153K | 3.95% |
FLPEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $4.6M | 100.00% |
Fidelity Low-Priced Stock Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FLPGX | Class Z | 0.51% | none |
| FLPKX | Class K | 0.53% | — |
| FLPSX | Fidelity Low-Priced Stock Fund | 0.59% | — |
| FLPFX | Class I | 0.61% | none |
| FLPCX | Class A | 0.84% | 5.75% |
| FLPDX | Class M | 1.13% | 3.50% |
| FLPEX | Class C | 1.60% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.