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Fidelity® Balanced Fund Class K (FBAKX)

22.28
Net Asset Value
+0.91%
1 Day
+5.00%
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+3.27% 3 years+6.36%
3 months-0.31% 5 years+10.00%
1 year+4.51% Since inception+6.19%
Data through --

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

 FBAKXCategory
Performance 5-yr return+10.00%+9.22%
Expense ratio0.46%1.19%
Risk 5 year sharpe ratio1.301.09
Net assets$28.3B$2.6B
Average market cap$47.2B$53.5B
Average P/E20.719.4
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. stock62.42%
Fixed income31.62%
International stock3.10%
Cash2.80%
Other0.06%
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
-- 2.58%
AAPL Apple2.36%
-- 2.03%
GOOG Google1.92%
ADSK Autodesk Inc1.56%
AMZN Amazon1.43%
-- 1.40%
ROP Roper Technologies Inc1.36%
-- 1.34%
AME Ametek Inc1.32%