Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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+0.76% 3 years+9.74%
3 months-2.09% 5 years+9.95%
1 year+2.55% Since inception+5.78%
Data through --

Peer Comparisonvs. Moderate allocation

Performance 5-yr return+9.95%+7.33%
Expense ratio0.46%1.25%
Risk 5 year sharpe ratio1.190.91
Net assets$27.1B$2.7B
Average market cap$39.2B$46.1B
Average P/E19.318.3
Portfolio turnover176%176%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 7 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock61.94%
Fixed income30.89%
International stock4.28%
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
-- 2.56%
AAPL Apple2.12%
-- 1.60%
JPM JPMorgan Chase1.35%
DHR Danaher Corp1.33%
ROP Roper Technologies Inc1.17%
-- 1.12%
-- 1.11%
AME Ametek Inc1.10%
C Citigroup1.05%

Partner Offers