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Fidelity® Balanced Fund Class K (FBAKX)

24.10
Net Asset Value
+0.17%
1 Day
+9.45%
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+0.42% 3 years+7.38%
3 months+2.58% 5 years+10.13%
1 year+11.44% Since inception+7.03%
Data through --

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

 FBAKXCategory
Performance 5-yr return+10.13%+7.97%
Expense ratio0.46%1.17%
Risk 5 year sharpe ratio1.451.21
Net assets$31.5B$2.9B
Average market cap$53.8B$58.1B
Average P/E22.020.6
Portfolio turnover64%64%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 8 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock65.01%
Fixed income28.98%
International stock3.06%
Cash2.93%
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
AAPL Apple2.53%
-- 2.38%
ADSK Autodesk Inc1.78%
-- 1.66%
GOOG Google1.66%
AMZN Amazon1.53%
-- 1.47%
-- 1.42%
C Citigroup1.38%
BAC Bank of America1.13%