Fidelity® Balanced Fund (FBALX)

24.65
Net Asset Value
-0.40%
1 Day
+3.88%
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+1.52% 3 years+7.85%
3 months+2.32% 5 years+10.38%
1 year+11.48% Since inception+9.31%
Data through --

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

 FBALXCategory
Performance 5-yr return+10.38%+6.55%
Expense ratio0.55%1.15%
Risk 5 year sharpe ratio1.240.91
Net assets$32.7B$3.1B
Average market cap$55.3B$66.8B
Average P/E21.618.7
Portfolio turnover91%91%

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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. stock61.66%
Fixed income31.16%
International stock3.79%
Cash3.30%
Other0.09%
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
MSFT Microsoft2.01%
AMZN Amazon1.90%
GOOG Google1.86%
BAC Bank of America1.45%
-- 1.32%
UNH UnitedHealth1.29%
-- 1.29%
ADSK Autodesk Inc1.21%
CTXS Citrix Systems Inc1.05%
-- 0.99%