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FASIX Fidelity Asset Manager® 20%

  • Fund
  • FASIX
  • Price as of: Dec 05, 2016
  • $13.05
  • + $0.02
  • + 0.15%
  • Category
  • Diversified Portfolio

FASIX - Profile

Vitals

  • YTD Return 2.8%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return 4.1%
  • Net Assets $4.91 B
  • Holdings in Top 10 14.2%

52 WEEK LOW AND HIGH

$13.05
$12.39
$13.31

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 4.2%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 4.1%
  • 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 2.8% -66.0% 21.5% 58.97% 4
1 Yr 3.9% -35.0% 45.9% 25.02% 2
3 Yr 3.2% * -13.6% 11.8% 51.80% 3
5 Yr 4.1% * -11.6% 13.2% 78.37% 4
10 Yr 4.1% * -5.0% 8.2% 64.63% 4

* Annualized


Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.1% -37.7% 48.7% 19.55% 2
2014 -0.6% -59.3% 14.8% 46.67% 3
2013 1.4% -17.5% 36.4% 72.71% 5
2012 3.1% -16.2% 18.4% 78.77% 5
2011 -0.5% -30.5% 7.4% 19.76% 2

Total Return Ranking - Trailing

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.2% -65.8% 30.1% 59.56% 4
1 Yr 3.9% -38.3% 73.2% 18.98% 1
3 Yr 3.2% * -14.6% 28.2% 43.24% 3
5 Yr 4.1% * -11.9% 13.2% 76.24% 4
10 Yr 4.1% * -5.0% 8.2% 60.89% 4

* Annualized


Total Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -2.8% -29.3% 50.4% 55.84% 3
2014 4.4% -54.8% 25.4% 57.08% 3
2013 5.7% -16.7% 57.2% 77.82% 4
2012 8.0% -16.2% 74.5% 83.52% 5
2011 3.2% -25.3% 15.8% 20.24% 2

NAV & Total Return History

FASIX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

FASIX Category Low Category High FASIX % Rank Quintile
Net Assets 4.91 B 81.4 K 99.4 B 2.06% 1
Number of Holdings 2063 1 12494 1.01% 1
Net Assets in Top 10 712 M -654 M 20.2 B 5.45% 2
Weighting of Top 10 14.2% 0.2% 272.7% 28.33% 5

Top 10 Holdings

  1. Fidelity Cent Invt Portfolios 3.36%
  2. US Treasury Note 2.15%
  3. Fannie Mae 3.5% 30 Year 1.58%
  4. Fannie Mae 4% 30 Year 1.51%
  5. Fidelity Garrison Str Tr 1.00%
  6. Fidelity Cent Invt Portfolios 0.98%
  7. US Treasury Bond 0.96%
  8. GNMA 3.5% 0.95%
  9. Fannie Mae 3% 30 Year 0.90%
  10. Freddie Mac 3.5% 30 Year 0.82%

Asset Allocation

Weighting Category Low Category High FASIX % Rank Quintile
Bonds
46.16% -41.48% 107.98% 8.86% 2
Cash
31.95% -55.49% 139.25% 3.25% 1
Stocks
16.14% -49.32% 147.79% 27.87% 5
Other
5.56% -18.85% 98.84% 5.26% 1
Convertible Bonds
0.13% 0.00% 33.12% 6.64% 2
Preferred Stocks
0.06% -1.01% 35.22% 8.56% 4

Stock Sector Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
Technology
2.94% -8.03% 70.04% 21.36% 4
Financial Services
2.46% -5.07% 69.58% 22.14% 5
Healthcare
1.92% -1.46% 29.90% 21.87% 5
Consumer Cyclical
1.69% -6.02% 54.37% 20.84% 5
Industrials
1.57% -4.92% 48.84% 21.54% 5
Consumer Defense
1.38% -4.74% 27.69% 18.52% 5
Real Estate
1.28% -8.01% 48.98% 14.86% 4
Energy
1.01% -2.68% 33.46% 18.90% 5
Communication Services
0.69% -2.53% 27.16% 13.79% 5
Basic Materials
0.61% -2.13% 21.85% 15.60% 5
Utilities
0.52% -7.18% 47.20% 12.91% 4

Stock Geographic Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
US
11.44% -97.12% 142.85% 27.41% 5
Non US
4.70% -2.98% 150.26% 19.73% 4

Bond Sector Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
Cash & Equivalents
31.95% -54.77% 138.37% 3.34% 1
Corporate
21.37% -20.43% 93.55% 9.24% 2
Government
13.48% -91.64% 76.37% 9.89% 2
Securitized
10.63% -0.01% 40.54% 8.15% 2
Municipal
0.86% 0.00% 91.28% 3.98% 1
Derivative
0.00% -84.53% 36.75% 2.84% 3

Bond Geographic Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
US
39.90% -154.38% 94.16% 7.78% 2
Non US
6.26% -57.44% 198.64% 11.21% 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% 16.62% 1
Management Fee 0.41% 0.00% 2.55% 3.94% 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% 5609.00% 12.69% 2

FASIX - Distributions

Dividend Yield Analysis

FASIX Category Low Category High FASIX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 34.98% 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% 12.27% 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

7.39

Tenure Rank

2.7%

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

35.9

Category Average

5.42

Category Mode

4.8