Fidelity Low-Priced Stock FLPSX

The fund normally invests primarily in common stocks and invests at least 80% of its assets in low-priced stocks,Low-priced stocks are those that are priced at or below $35 per share or with an earnings yield at or above the median for the Russell 2000 ® Index. Earnings yield represents a stock's earnings per share for the most recent 12-months divided by current price per share. For convertible preferred stocks, the Adviser may consider the price of the security itself or the price of the security into which it is convertible.