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Fidelity® Balanced Fund (FBALX)

24.11
Net Asset Value
-0.12%
1 Day
+9.49%
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+1.02% 3 years+7.17%
3 months+4.73% 5 years+10.40%
1 year+12.88% Since inception+9.26%
Data through --

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

 FBALXCategory
Performance 5-yr return+10.40%+7.97%
Expense ratio0.55%1.17%
Risk 5 year sharpe ratio1.431.20
Net assets$30.9B$2.8B
Average market cap$55.4B$58.0B
Average P/E21.820.6
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. stock64.66%
Fixed income29.03%
Cash3.36%
International stock2.94%
Other0.02%
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
AAPL Apple2.62%
-- 2.41%
ADSK Autodesk Inc2.16%
GOOG Google1.84%
AMZN Amazon1.55%
-- 1.53%
-- 1.48%
-- 1.43%
C Citigroup1.27%
BAC Bank of America1.10%