Fidelity® Balanced Fund (FBALX)

23.35
Net Asset Value
-0.17%
1 Day
+2.55%
Year-to-Date
Overall Morningstar Rating
Moderate allocation
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, when its outlook is neutral. It invests at least 25% of total assets in fixed-income senior securities (including debt securities and preferred stock). The fund invests in domestic and foreign issuers.

Performance

1 month+2.27% 3 years+12.81%
3 months+2.48% 5 years+12.03%
1 year+11.56% Since inception+9.44%
Data through --

Peer Comparisonvs. Moderate allocation

 FBALXCategory
Performance 5-yr return+12.03%+9.43%
Expense ratio0.56%1.29%
Risk 5 year sharpe ratio1.341.07
Net assets$27.6B$2.9B
Average market cap$40.8B$46.4B
Average P/E19.617.4
Portfolio turnover176%176%

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 / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment$2,500.00

Holdings

U.S. stock63.24%
Fixed income27.31%
International stock5.08%
Cash4.35%
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
-- 2.86%
AAPL Apple2.56%
-- 2.50%
GOOG Google1.42%
BAC Bank of America1.35%
-- 1.30%
PG Procter & Gamble1.23%
C Citigroup1.22%
COF Capital One Financial1.12%
CVX Chevron1.11%

To view my watchlist

Not a member yet?

Sign up now for a free account