FPUKX Fees and Costs — Fidelity Puritan Fund, Class K
Data updated: 2026-07-24
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4.4M in broker commissions, 0.0141% of average net assets, and portfolio turnover was 58%.
FPUKX Fees and Expenses
Annual operating expenses and sales charges of FPUKX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FPUKX Costs Over Time
On $10,000 invested in FPUKX, assuming 5% a year before costs, total costs come to $262 over 5 years, cutting the return by 0.43% 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 |
| Fund expenses (net expense ratio 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $43 | $143 | $262 |
| Value after costs | $10,457 | $11,433 | $12,501 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
FPUKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0141%
- Total broker commissions: $4.4M
- Bought from dealers (principal trades, not a cost): $180.8M
- Portfolio turnover (prospectus): 58%
- Securities on loan, average value: $84.2M
- Net income from securities lending: $72K (0.000% of average net assets)
FPUKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS GROUP INC (THE) | $579K | 17.05% |
| MORGAN STANLEY | $529K | 15.59% |
| BANK OF AMERICA CORPORATION | $458K | 13.47% |
| JPMORGAN CHASE and CO | $455K | 13.41% |
| UBS GROUP AG | $296K | 8.73% |
| CITIGROUP INC | $283K | 8.32% |
| BARCLAYS PLC | $274K | 8.06% |
| JEFFERIES FINANCIAL GROUP INC | $197K | 5.81% |
| VIRTU FINANCIAL INC | $166K | 4.90% |
| ROYAL BANK OF CANADA | $158K | 4.66% |
FPUKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JPMORGAN CHASE and CO | $74.4M | 41.12% |
| MORGAN STANLEY | $32.2M | 17.83% |
| THE TORONTO DOMINION BANK | $27.7M | 15.34% |
| CITIGROUP INC | $17.5M | 9.66% |
| GOLDMAN SACHS GROUP INC (THE) | $11.8M | 6.55% |
| BARCLAYS PLC | $9.5M | 5.26% |
| ROYAL BANK OF CANADA | $5.5M | 3.04% |
| JEFFERIES FINANCIAL GROUP INC | $1.4M | 0.75% |
| PIPER SANDLER COS | $816K | 0.45% |
Fidelity Puritan Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FPUKX | Class K | 0.40% | — |
| FPURX | Fidelity Puritan Fund | 0.47% | — |
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.