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Fidelity® Balanced Fund Class K (FBAKX)

23.42
Net Asset Value
-0.13%
1 Day
+6.36%
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+1.63% 3 years+7.82%
3 months+4.29% 5 years+9.63%
1 year+12.59% Since inception+6.75%
Data through --

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

 FBAKXCategory
Performance 5-yr return+9.63%+7.04%
Expense ratio0.46%1.19%
Risk 5 year sharpe ratio1.251.00
Net assets$30.1B$2.8B
Average market cap$56.3B$56.4B
Average P/E22.120.7
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. stock63.02%
Fixed income29.53%
Cash4.48%
International stock2.93%
Other0.03%
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 Apple2.70%
-- 2.44%
-- 2.25%
ADSK Autodesk Inc1.77%
GOOG Google1.69%
AMZN Amazon1.40%
COF Capital One Financial1.39%
C Citigroup1.13%
GE General Electric1.06%
FB Facebook1.05%