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Fidelity® Balanced Fund (FBALX)

23.82
Net Asset Value
+0.08%
1 Day
+8.17%
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+1.53% 3 years+7.71%
3 months+3.17% 5 years+10.90%
1 year+13.87% Since inception+9.25%
Data through --

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

 FBALXCategory
Performance 5-yr return+10.90%+7.04%
Expense ratio0.55%1.19%
Risk 5 year sharpe ratio1.271.03
Net assets$30.5B$2.8B
Average market cap$54.0B$58.2B
Average P/E22.120.9
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. stock62.49%
Fixed income29.25%
Cash5.20%
International stock3.04%
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 Apple2.61%
-- 2.40%
-- 2.23%
-- 2.10%
ADSK Autodesk Inc1.74%
GOOG Google1.66%
AMZN Amazon1.45%
C Citigroup1.22%
COF Capital One Financial1.19%
GE General Electric1.05%