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Fidelity® Balanced Fund (FBALX)

Net Asset Value
1 Day
Overall Morningstar Rating
Moderate allocation
Style or Category
No Load
Sales Expenses
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).


1 month+1.35% 3 years+11.26%
3 months+2.88% 5 years+10.12%
1 year+1.61% Since inception+9.29%
Data through --

Peer Comparisonvs. Moderate allocation

Performance 5-yr return+10.12%+7.33%
Expense ratio0.56%1.25%
Risk 5 year sharpe ratio1.210.94
Net assets$28.4B$2.7B
Average market cap$38.8B$45.3B
Average P/E18.518.0
Portfolio turnover128%128%

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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


U.S. stock62.33%
Fixed income29.44%
International stock3.47%
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
-- 2.56%
AAPL Apple2.14%
-- 1.62%
DHR Danaher Corp1.40%
JPM JPMorgan Chase1.22%
ROP Roper Technologies Inc1.21%
MCD McDonald's1.17%
-- 1.17%
AME Ametek Inc1.12%
CMCSA Comcast1.04%