Fidelity Low-Priced Stock Fund Q2 2024 Review: Performance and Insights

Monday, 29 July 2024, 13:30
In Q2 2024, the Fidelity Low-Priced Stock Fund's Retail Class shares reported a return of -1.93%, which was a notable improvement over the benchmark, the Russell 2000 Index, which returned -3.28%. This performance indicates the fund's ability to outperform its benchmark despite negative market trends. Investors seeking low-priced stocks may find this fund's strategy worthwhile, especially in volatile markets.
Seeking Alpha
Fidelity Low-Priced Stock Fund Q2 2024 Review: Performance and Insights

Fidelity Low-Priced Stock Fund Q2 2024 Performance

Fund Overview

For the second quarter of 2024, the fund's Retail Class shares returned -1.93%, exceeding the benchmark results.

Comparison with Benchmark

  • Fidelity Retail Class shares: -1.93%
  • Russell 2000 Index: -3.28%

Conclusion

This performance suggests the fund's resilience and strategic positioning in a challenging market environment. Investors might view this as evidence of effective management strategies.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Related posts

Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe