Fidelity® Balanced Fund Class K (FBAKX)

Net Asset Value
1 Day
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
No Load
Sales Expenses
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).


1 month-0.67% 3 years+6.74%
3 months+0.29% 5 years+9.73%
1 year+12.01% Since inception+7.32%
Data through --

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

Performance 5-yr return+9.73%+8.03%
Expense ratio0.46%1.16%
Risk 5 year sharpe ratio1.371.03
Net assets$32.6B$3.1B
Average market cap$50.9B$69.9B
Average P/E23.221.7
Portfolio turnover91%91%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 9 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock61.97%
Fixed income29.84%
International stock3.86%
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
-- 2.18%
GOOG Google1.91%
AMZN Amazon1.55%
BAC Bank of America1.54%
ADSK Autodesk Inc1.35%
-- 1.32%
UNH UnitedHealth1.31%
-- 1.28%
MSFT Microsoft1.22%
COF Capital One Financial1.06%