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Fidelity® Balanced Fund (FBALX)

22.33
Net Asset Value
-0.18%
1 Day
+1.41%
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+0.90% 3 years+6.31%
3 months+2.85% 5 years+9.66%
1 year+15.84% Since inception+9.12%
Data through --

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

 FBALXCategory
Performance 5-yr return+9.66%+8.04%
Expense ratio0.55%1.19%
Risk 5 year sharpe ratio1.311.11
Net assets$28.6B$2.7B
Average market cap$50.5B$53.4B
Average P/E21.320.4
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. stock62.84%
Fixed income30.82%
International stock3.25%
Cash3.04%
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
-- 2.53%
AAPL Apple2.31%
-- 1.96%
GOOG Google1.84%
ADSK Autodesk Inc1.56%
AMZN Amazon1.35%
COF Capital One Financial1.34%
-- 1.30%
BAC Bank of America1.29%
-- 1.26%