Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Fidelity® Balanced Fund (FBALX)

21.29
Net Asset Value
-0.19%
1 Day
+0.33%
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-1.02% 3 years+7.09%
3 months+6.45% 5 years+8.21%
1 year-3.07% Since inception+9.13%
Data through --

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

 FBALXCategory
Performance 5-yr return+8.21%+5.88%
Expense ratio0.56%1.20%
Risk 5 year sharpe ratio0.920.67
Net assets$27.8B$2.5B
Average market cap$41.7B$47.0B
Average P/E20.117.9
Portfolio turnover128%128%

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 / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock61.65%
Fixed income31.65%
International stock4.02%
Cash2.63%
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
-- 2.47%
GOOG Google2.15%
AAPL Apple1.78%
DHR Danaher Corp1.54%
AME Ametek Inc1.52%
ROP Roper Technologies Inc1.43%
FB Facebook1.17%
AMZN Amazon1.14%
COF Capital One Financial1.07%
KO Coca-Cola1.04%

Partner Offers