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Fidelity® Balanced Fund Class K (FBAKX)

23.60
Net Asset Value
+0.08%
1 Day
+7.18%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
No Load
Sales Expenses
0.46%
Expense Ratio
Above Average
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 (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), when its outlook is neutral. It invests at least 25% of total assets in fixed-income senior securities (including debt securities and preferred stock).

Performance

1 month+1.53% 3 years+9.49%
3 months+3.48% 5 years+10.20%
1 year+16.10% Since inception+7.11%
Data through --

Peer Comparisonvs. Allocation--50% to 70% equity

 FBAKXCategory
Performance 5-yr return+10.20%+7.51%
Expense ratio0.46%1.16%
Risk 5 year sharpe ratio1.401.12
Net assets$31.8B$2.9B
Average market cap$51.4B$59.2B
Average P/E22.320.3
Portfolio turnover64%64%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 9 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock62.60%
Fixed income31.01%
International stock3.19%
Cash3.18%
Other0.02%
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
-- 2.66%
-- 2.30%
-- 2.29%
ADSK Autodesk Inc1.94%
AAPL Apple1.76%
GOOG Google1.62%
-- 1.42%
AMZN Amazon1.38%
-- 1.38%
C Citigroup1.32%