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FASIX Fidelity Asset Manager® 20%

  • Fund
  • FASIX
  • Price as of: Aug 08, 2016
  • $13.21
  • + $0.01
  • + 0.08%
  • Category
  • Diversified Portfolio

FASIX - Profile

Vitals

  • YTD Return 4.0%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 4.0%
  • Net Assets $4.9 B
  • Holdings in Top 10 15.1%

52 WEEK LOW AND HIGH

$13.21
$12.39
$13.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.53%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--15% to 30% Equity

Distributions

  • YTD Total Return 4.0%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 4.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.63%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Fidelity Asset Manager® 20% Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Oct 01, 1992
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Geoffrey Stein

Fund Description

The Fidelity Asset Manager 20% Fund (FASIX) is a target-risk, conservative-allocation fund that seeks to grow an investor’s capital over time with a low level of risk. The fund owns a variety of asset classes, including stocks, bonds and cash. The fund has a neutral allocation of 20% stocks, 50% bonds and 30% money-market instruments/cash. The fund owns both domestic and foreign stocks and bonds directly and does not use a fund of funds approach.

Given its low costs and broad holdings, FASIX makes an ideal core position for conservative investors. The fund is internally managed by Fidelity.

FASIX - Performance

Return Ranking - Trailing

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.0% -65.8% 22.5% 50.47% 3
1 Yr 3.3% -30.1% 18.0% 23.83% 2
3 Yr 3.9% * -14.0% 12.6% 65.20% 4
5 Yr 4.0% * -13.4% 12.2% 77.32% 4
10 Yr 4.4% * -5.6% 9.0% 70.46% 4

* Annualized


Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.1% -61.2% 48.7% 23.51% 2
2014 N/A -11.0% 4.5% N/A N/A
2013 N/A -11.5% 25.9% N/A N/A
2012 N/A 5.1% 15.7% N/A N/A
2011 N/A -7.3% 5.7% N/A N/A

Total Return Ranking - Trailing

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.0% -65.8% 22.5% 51.04% 3
1 Yr 3.3% -30.1% 17.0% 17.43% 1
3 Yr 3.9% * -15.0% 12.6% 56.48% 3
5 Yr 4.0% * -13.7% 12.2% 74.54% 4
10 Yr 4.4% * -5.6% 9.0% 67.91% 4

* Annualized


Total Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.1% -61.2% 48.7% 23.41% 2
2014 N/A -11.0% 9.6% N/A N/A
2013 N/A -4.1% 29.6% N/A N/A
2012 N/A 7.8% 20.7% N/A N/A
2011 N/A -3.5% 11.7% N/A N/A

NAV & Total Return History

FASIX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FASIX Category Low Category High FASIX % Rank Quintile
Net Assets 4.9 B 81.4 K 99.6 B 1.92% 1
Number of Holdings 2056 1 12089 1.10% 1
Net Assets in Top 10 733 M -654 M 19.5 B 5.03% 2
Weighting of Top 10 15.1% 0.0% 246.1% 27.37% 5

Top 10 Holdings

  1. Fidelity Cent Invt Portfolios 4.23%
  2. US Treasury Note 2.16%
  3. Fannie Mae 3.5% 30 Year 1.31%
  4. Fannie Mae 4% 30 Year 1.21%
  5. GNMA 3.5% 1.02%
  6. Fannie Mae 3% 30 Year 0.99%
  7. Fidelity Cent Invt Portfolios 0.97%
  8. iShares Core S&P 500 1.36%
  9. US Treasury Bond 0.96%
  10. Freddie Mac 3.5% 30 Year 0.88%

Asset Allocation

Weighting Category Low Category High FASIX % Rank Quintile
Bonds
47.27% -0.39% 98.35% 7.72% 2
Cash
29.69% -80.76% 100.06% 4.30% 1
Stocks
16.79% -3.90% 139.24% 27.55% 5
Other
6.06% -9.98% 131.62% 4.76% 1
Convertible Bonds
0.12% 0.00% 33.12% 6.32% 2
Preferred Stocks
0.06% -0.04% 36.35% 8.83% 4

Stock Sector Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
Technology
2.68% -11.24% 86.30% 20.98% 4
Financial Services
2.40% -5.44% 81.82% 21.63% 5
Healthcare
2.06% -0.78% 26.13% 20.98% 5
Consumer Cyclical
1.78% -6.71% 67.05% 21.40% 5
Industrials
1.64% -4.76% 59.46% 21.59% 5
Real Estate
1.55% -2.11% 51.75% 13.83% 3
Consumer Defense
1.53% -6.80% 33.05% 18.34% 5
Energy
1.04% -3.72% 31.87% 18.06% 5
Communication Services
0.72% -2.19% 32.13% 14.07% 5
Utilities
0.59% -6.48% 56.47% 12.95% 4
Basic Materials
0.53% -3.08% 25.70% 15.78% 5

Stock Geographic Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
US
13.07% -123.16% 136.63% 26.50% 5
Non US
3.72% -2.43% 163.55% 21.37% 4

Bond Sector Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
Cash & Equivalents
29.69% -80.82% 157.26% 4.12% 1
Corporate
21.46% 0.00% 93.84% 9.02% 2
Government
12.96% -160.96% 76.37% 9.61% 2
Securitized
10.98% -0.01% 42.26% 7.92% 2
Municipal
2.05% 0.00% 137.36% 2.11% 1
Derivative
0.00% -84.53% 22.60% 2.97% 3

Bond Geographic Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
US
41.23% -31.85% 93.68% 6.45% 2
Non US
6.04% -57.44% 70.46% 10.66% 2

FASIX - Expenses

Operational Fees

FASIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.53% 0.00% 165.34% 16.67% 1
Management Fee 0.41% 0.00% 2.55% 3.90% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.83% N/A N/A

Sales Fees

FASIX Fees (% of AUM) Category Low Category High FASIX Rank Quintile
Front Load N/A 0.14% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

FASIX Fees (% of AUM) Category Low Category High FASIX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FASIX Fees (% of AUM) Category Low Category High FASIX Rank Quintile
Turnover 20.00% 0.00% 5473.00% 12.78% 2

FASIX - Distributions

Dividend Yield Analysis

FASIX Category Low Category High FASIX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 34.92% 3

Dividend Distribution Analysis

FASIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FASIX Category Low Category High FASIX % Rank Quintile
Net Income Ratio 1.63% -2.96% 9.94% 12.00% 2

Capital Gain Distribution Analysis

FASIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FASIX - Managers

Geoffrey Stein

Manager

Start Date

Jun 12, 2009

Tenure

7.14

Tenure Rank

2.6%

Geoff Stein joined Fidelity Investments in 1994. Mr. Stein is a portfolio manager in the Global Asset Allocation Group (GAA) of Fidelity Management & Research Company (FMRCo).


Tenure Analysis

Category Low

0.0

Category High

35.5

Category Average

5.28

Category Mode

1.6