Fidelity® Balanced Fund Class K (FBAKX)

Net Asset Value
1 Day
Overall Morningstar Rating
Moderate allocation
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks income and capital growth consistent with reasonable risk. The fund invests approximately 60% 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% of total assets in fixed-income senior securities (including debt securities and preferred stock). The fund invests in domestic and foreign issuers.


1 month-2.10% 3 years+13.44%
3 months-0.06% 5 years+11.43%
1 year+10.60% Since inception+6.83%
Data through --

Peer Comparisonvs. Moderate allocation

Performance 5-yr return+11.43%+9.75%
Expense ratio0.47%1.30%
Risk 5 year sharpe ratio1.331.06
Net assets$26.6B$2.6B
Average market cap$44.0B$46.7B
Average P/E20.118.1
Portfolio turnover244%244%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 6 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock66.00%
Fixed income24.65%
International stock5.43%
Top 5 Sectors
Portfolio weighting
Financial service 16.51%
Hardware 14.44%
Industrial materials 13.31%
Energy 11.93%
Consumer goods 10.45%
Top 10 Holdings
Portfolio weighting
-- Fidelity Cent Invt Portfolios2.64%
AAPL Apple Inc2.60%
-- Fannie Mae 3.5% 30 Year1.59%
CVX Chevron Corp1.54%
GOOG Google Inc Class C1.24%
COF Capital One Financial Corp1.21%
PG Procter & Gamble Co1.21%
JPM JPMorgan Chase & Co1.18%
BAC Bank of America Corporation1.11%
-- US Treasury Note 0.875%1.09%

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