Fidelity® Balanced Fund (FBALX)

24.09
Net Asset Value
+0.08%
1 Day
+1.52%
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-1.27% 3 years+7.63%
3 months+3.55% 5 years+10.20%
1 year+13.13% Since inception+9.47%
Data through --

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

 FBALXCategory
Performance 5-yr return+10.20%+8.03%
Expense ratio0.55%1.16%
Risk 5 year sharpe ratio1.501.17
Net assets$33.8B$3.2B
Average market cap$50.4B$67.3B
Average P/E23.221.7
Portfolio turnover91%91%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyFidelity Investments
Fund manager & tenureSteven Kaye / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock61.92%
Fixed income29.83%
Cash4.34%
International stock3.90%
Other0.00%
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
-- 2.26%
-- 2.18%
GOOG Google1.91%
AMZN Amazon1.55%
BAC Bank of America1.54%
ADSK Autodesk Inc1.35%
-- 1.32%
UNH UnitedHealth1.31%
-- 1.28%
MSFT Microsoft1.22%