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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
0.55%
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+3.27% 3 years+6.26%
3 months-0.33% 5 years+9.89%
1 year+4.42% Since inception+9.10%
Data through --

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

 FBALXCategory
Performance 5-yr return+9.89%+9.22%
Expense ratio0.55%1.19%
Risk 5 year sharpe ratio1.291.09
Net assets$28.3B$2.6B
Average market cap$47.2B$53.5B
Average P/E20.719.4
Portfolio turnover64%64%

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Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 8 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock62.42%
Fixed income31.62%
International stock3.10%
Cash2.80%
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
-- 2.52%
AAPL Apple2.28%
GOOG Google1.86%
AMZN Amazon1.54%
ROP Roper Technologies Inc1.51%
AME Ametek Inc1.50%
ADSK Autodesk Inc1.47%
-- 1.31%
-- 1.30%
FB Facebook1.12%