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Fidelity® Balanced Fund (FBALX)

22.34
Net Asset Value
+0.04%
1 Day
+5.28%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
No Load
Sales Expenses
0.56%
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+0.90% 3 years+8.75%
3 months+4.56% 5 years+10.72%
1 year+10.75% Since inception+9.20%
Data through --

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

 FBALXCategory
Performance 5-yr return+10.72%+6.14%
Expense ratio0.56%1.19%
Risk 5 year sharpe ratio1.070.83
Net assets$28.8B$2.6B
Average market cap$42.5B$49.2B
Average P/E20.219.1
Portfolio turnover128%128%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock61.69%
Fixed income31.55%
International stock3.49%
Cash3.21%
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
-- 2.48%
GOOG Google1.93%
-- 1.91%
AAPL Apple1.80%
DHR Danaher Corp1.65%
AME Ametek Inc1.52%
ROP Roper Technologies Inc1.38%
AMZN Amazon1.36%
FB Facebook1.15%
-- 1.13%

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