Fidelity Puritan Fund Quote
| FPUKX Fund | USD 24.39 0.09 0.37% |
Performance8 of 100
| Odds Of DistressLess than 20
|
Fidelity Puritan is trading at 24.39 as of the 19th of April 2024; that is -0.37 percent decrease since the beginning of the trading day. The fund's open price was 24.48. Fidelity Puritan has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Fidelity Puritan Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of April 2023 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests approximately 60 percent of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities , when its outlook is neutral. It invests at least 25 percent of total assets in fixed-income senior securities.. More on Fidelity Puritan Fund
Moving together with Fidelity Mutual Fund
| 0.93 | FPTKX | Fidelity Freedom 2015 | PairCorr |
| 1.0 | FPURX | Fidelity Puritan | PairCorr |
| 0.95 | FQIFX | Fidelity Freedom Index | PairCorr |
| 0.99 | FQIPX | Fidelity Freedom Index | PairCorr |
| 0.86 | FQITX | Fidelity Salem Street | PairCorr |
Fidelity Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity Puritan's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity Puritan or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Update Date | 31st of March 2024 |
Fidelity Puritan Fund [FPUKX] is traded in USA and was established 19th of April 2024. Fidelity Puritan is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of Fidelity Investments family. This fund currently has accumulated 29.52 B in assets under management (AUM) with no minimum investment requirementsFidelity Puritan is currently producing year-to-date (YTD) return of 7.25% with the current yeild of 0.02%, while the total return for the last 3 years was 5.67%.
Check Fidelity Puritan Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Puritan Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity Puritan Fund Mutual Fund Constituents
| AMGN | Amgen Inc | Stock | Health Care |
| WFC | Wells Fargo | Stock | Financials |
| VRTX | Vertex Pharmaceuticals | Stock | Health Care |
| MA | Mastercard | Stock | Financials |
| AAPL | Apple Inc | Stock | Information Technology |
| V | Visa Class A | Stock | Financials |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
Fidelity Puritan Target Price Odds Analysis
Based on a normal probability distribution, the odds of Fidelity Puritan jumping above the current price in 90 days from now is about 57.44%. The Fidelity Puritan Fund probability density function shows the probability of Fidelity Puritan mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Fidelity Puritan has a beta of 0.8217. This usually indicates as returns on the market go up, Fidelity Puritan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Fidelity Puritan Fund will be expected to be much smaller as well. Additionally, fidelity Puritan Fund has an alpha of 0.0228, implying that it can generate a 0.0228 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fidelity Puritan to move above the current price in 90 days from now is about 57.44 (This Fidelity Puritan Fund probability density function shows the probability of Fidelity Mutual Fund to fall within a particular range of prices over 90 days) .
Fidelity Puritan Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity Puritan market risk premium is the additional return an investor will receive from holding Fidelity Puritan long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Puritan. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity Puritan's alpha and beta are two of the key measurements used to evaluate Fidelity Puritan's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4855 | |||
| Semi Deviation | 0.4263 | |||
| Standard Deviation | 0.6066 | |||
| Variance | 0.3679 |
Fidelity Puritan Against Markets
Picking the right benchmark for Fidelity Puritan mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity Puritan mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity Puritan is critical whether you are bullish or bearish towards Fidelity Puritan Fund at a given time. Please also check how Fidelity Puritan's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fidelity Puritan without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
How to buy Fidelity Mutual Fund?
Before investing in Fidelity Puritan, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity Puritan. To buy Fidelity Puritan fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity Puritan. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity Puritan fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity Puritan Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fidelity Puritan Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Fidelity Puritan Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Fidelity Puritan Fund?
The danger of trading Fidelity Puritan Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity Puritan is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity Puritan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity Puritan is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Puritan Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.