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Fidelity® Balanced Fund Class K (FBAKX)

23.71
Net Asset Value
+0.59%
1 Day
+7.67%
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+1.72% 3 years+8.33%
3 months+3.54% 5 years+10.85%
1 year+15.66% Since inception+7.31%
Data through --

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

 FBAKXCategory
Performance 5-yr return+10.85%+7.51%
Expense ratio0.46%1.16%
Risk 5 year sharpe ratio1.501.19
Net assets$32.5B$3.0B
Average market cap$48.2B$63.2B
Average P/E22.921.1
Portfolio turnover91%91%

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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. stock63.21%
Fixed income30.42%
Cash3.38%
International stock3.00%
Other0.00%
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
-- 2.34%
-- 2.26%
GOOG Google1.84%
ADSK Autodesk Inc1.78%
AMZN Amazon1.51%
BAC Bank of America1.41%
-- 1.37%
-- 1.33%
UNH UnitedHealth1.27%
FB Facebook1.21%