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Fidelity® Balanced Fund (FBALX)

22.08
Net Asset Value
-0.36%
1 Day
+4.05%
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+3.33% 3 years+7.99%
3 months+3.43% 5 years+8.70%
1 year+1.72% Since inception+9.12%
Data through --

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

 FBALXCategory
Performance 5-yr return+8.70%+6.14%
Expense ratio0.56%1.20%
Risk 5 year sharpe ratio1.000.75
Net assets$28.0B$2.6B
Average market cap$41.7B$46.9B
Average P/E20.918.6
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. stock61.85%
Fixed income31.38%
International stock3.71%
Cash3.00%
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
-- 2.50%
GOOG Google2.06%
-- 1.89%
AAPL Apple1.68%
DHR Danaher Corp1.56%
AME Ametek Inc1.56%
ROP Roper Technologies Inc1.37%
AMZN Amazon1.36%
FB Facebook1.19%
COF Capital One Financial1.11%

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