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Fidelity® Balanced Fund Class K (FBAKX)

23.90
Net Asset Value
+0.04%
1 Day
+8.54%
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+1.40% 3 years+6.86%
3 months+4.48% 5 years+10.92%
1 year+14.37% Since inception+6.94%
Data through --

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

 FBAKXCategory
Performance 5-yr return+10.92%+7.04%
Expense ratio0.46%1.18%
Risk 5 year sharpe ratio1.521.26
Net assets$30.9B$2.8B
Average market cap$54.0B$56.2B
Average P/E22.220.3
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. stock64.29%
Fixed income29.49%
International stock3.14%
Cash3.06%
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 Apple2.62%
-- 2.43%
-- 2.13%
-- 2.06%
ADSK Autodesk Inc1.82%
GOOG Google1.82%
AMZN Amazon1.44%
C Citigroup1.21%
FB Facebook1.17%
GE General Electric1.14%