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Fidelity® Balanced Fund Class K (FBAKX)

21.47
Net Asset Value
-0.51%
1 Day
+1.18%
Year-to-Date
Overall Morningstar Rating
Moderate allocation
Style or Category
No Load
Sales Expenses
0.46%
Expense Ratio
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+2.58% 3 years+8.49%
3 months+7.86% 5 years+8.01%
1 year-1.40% Since inception+5.99%
Data through --

Peer Comparisonvs. Moderate allocation

 FBAKXCategory
Performance 5-yr return+8.01%+5.88%
Expense ratio0.46%1.22%
Risk 5 year sharpe ratio0.960.71
Net assets$27.5B$2.7B
Average market cap$38.6B$46.5B
Average P/E19.017.8
Portfolio turnover128%128%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 7 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock60.21%
Fixed income32.55%
International stock4.35%
Cash2.83%
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
-- 2.46%
GOOG Google2.02%
-- 1.96%
DHR Danaher Corp1.52%
ROP Roper Technologies Inc1.49%
AME Ametek Inc1.47%
AAPL Apple1.34%
FB Facebook1.14%
JPM JPMorgan Chase1.12%
AMZN Amazon1.06%

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