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What happened to fidelity low-priced stock fund on Friday? It lost 8.5% of it value?


What happened to fidelity low-priced stock fund on Friday? It lost 8.5% of it value?

It went ex-dividend on a distribution.

It will be paying a $3.63/share distribution, the bulk of which is long-term capital gains.

If you are a shareholder, you will receive the cash or you will have the proceeds of the distribution invested in new shares depending on how you have it set up.

NO IDEA

Looks like somebody is paying a dividend.

Dividend Pay Date 09/11/2006
Ex. Dividend Date 09/08/2006

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  Forex   Foreign Investment   Financial Investment   Fidelity Investment   Fidelity Fund   Exchange Traded Funds   Equity Investment   E-gold
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