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FASIX Fidelity Asset Manager® 20%

  • Fund
  • FASIX
  • Price as of: Mar 23, 2017
  • $13.22
  • - $0.00
  • - 0.00%
  • Category
  • Diversified Portfolio

FASIX - Profile

Vitals

  • YTD Return 1.6%
  • 3 Yr Annualized Return 2.9%
  • 5 Yr Annualized Return 3.8%
  • Net Assets $4.91 B
  • Holdings in Top 10 16.9%

52 WEEK LOW AND HIGH

$13.22
$12.79
$13.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

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

BROKERAGE FEES

  • Turnover 19.00%

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 1.6%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.78%
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 1.6% -49.2% 398.4% 59.67% 4
1 Yr 7.6% -26.7% 45.9% 75.02% 4
3 Yr 2.9% * -32.8% 11.8% 63.39% 4
5 Yr 3.8% * -20.8% 13.6% 77.64% 4
10 Yr 4.0% * -14.1% 8.4% 68.10% 4

* Annualized


Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.4% -65.8% 23.3% 47.89% 3
2015 -4.1% -37.7% 48.7% 21.52% 2
2014 -0.6% -59.3% 22.9% 47.93% 3
2013 1.4% -17.5% 36.4% 73.91% 5
2012 3.1% -16.2% 18.4% 79.07% 5

Total Return Ranking - Trailing

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.6% -49.2% 398.4% 59.47% 4
1 Yr 7.6% -28.0% 73.2% 67.36% 4
3 Yr 2.9% * -31.2% 28.2% 55.99% 3
5 Yr 3.8% * -18.8% 13.6% 77.21% 4
10 Yr 4.0% * -12.0% 14.3% 67.40% 4

* Annualized


Total Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 3.9% -65.6% 32.0% 47.25% 3
2015 -2.8% -29.3% 50.4% 59.10% 4
2014 4.4% -54.8% 25.4% 58.34% 3
2013 5.7% -16.7% 57.2% 79.07% 4
2012 8.0% -16.2% 74.5% 84.08% 5

NAV & Total Return History

FASIX - Holdings

Filings data as of: Jan 31, 2017

Concentration Analysis

FASIX Category Low Category High FASIX % Rank Quintile
Net Assets 4.91 B 81.4 K 107 B 2.10% 1
Number of Holdings 2077 1 12715 1.19% 1
Net Assets in Top 10 828 M -747 M 20.8 B 4.85% 2
Weighting of Top 10 16.9% 0.2% 279.9% 27.41% 5

Top 10 Holdings

  1. Fidelity Cent Invt Portfolios 2.66%
  2. US Treasury Note 0.75% 2.38%
  3. US Treasury Note 2.08%
  4. Fidelity Garrison Str Tr 1.98%
  5. US Treasury Note 1.25% 1.94%
  6. Fannie Mae 3.5% 30 Year 1.25%
  7. Fannie Mae 3% 30 Year 1.21%
  8. Fidelity Cent Invt Portfolios 1.02%
  9. iShares MSCI Japan 1.40%
  10. iShares Core MSCI Emerging Markets 0.99%

Asset Allocation

Weighting Category Low Category High FASIX % Rank Quintile
Bonds
44.86% -71.40% 152.94% 9.05% 2
Cash
31.51% -95.46% 99.77% 3.34% 1
Stocks
17.84% 0.00% 146.93% 28.60% 5
Other
5.66% -8.83% 98.84% 4.76% 1
Convertible Bonds
0.08% 0.00% 33.12% 6.77% 2
Preferred Stocks
0.05% -0.04% 38.11% 8.47% 4

Stock Sector Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
Technology
3.14% -3.41% 70.04% 21.28% 4
Financial Services
2.99% -5.25% 69.58% 21.88% 5
Consumer Cyclical
2.02% -8.56% 54.37% 20.58% 5
Healthcare
1.85% -3.11% 31.05% 21.84% 5
Industrials
1.78% -4.42% 48.84% 21.60% 5
Consumer Defense
1.44% -2.25% 27.69% 17.90% 5
Real Estate
1.11% -3.44% 45.56% 14.93% 4
Energy
1.05% -3.05% 34.74% 19.10% 5
Basic Materials
0.86% -1.62% 21.85% 14.97% 5
Communication Services
0.78% -0.67% 27.16% 13.07% 4
Utilities
0.50% -6.36% 47.20% 12.56% 4

Stock Geographic Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
US
10.84% -97.12% 142.69% 28.19% 5
Non US
7.00% -4.61% 150.26% 18.12% 4

Bond Sector Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
Cash & Equivalents
31.48% -95.46% 100.53% 3.39% 1
Government
18.25% -89.50% 137.47% 6.09% 1
Corporate
17.50% -0.05% 86.60% 11.99% 2
Securitized
8.17% -0.01% 41.72% 10.85% 2
Municipal
1.08% 0.00% 91.52% 3.57% 1
Derivative
0.03% -84.53% 15.47% 2.79% 1

Bond Geographic Breakdown

Weighting Category Low Category High FASIX % Rank Quintile
US
39.66% -134.91% 152.94% 7.60% 2
Non US
5.20% -57.44% 159.37% 13.14% 3

FASIX - Expenses

Operational Fees

FASIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.52% 0.00% 165.34% 16.40% 1
Management Fee 0.41% 0.00% 2.55% 3.89% 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 19.00% 0.00% 5609.00% 12.62% 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 1.78% -3.27% 12.91% 11.82% 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

7.72

Tenure Rank

2.6%

Geoff Stein is a portfolio manager in the Global Asset Allocation group at Fidelity Investments. Since 2009, Mr. Stein serves as lead or co-manager for a number of multi-asset class mutual funds and sub advisory accounts. Mr. Stein was previously Chief Investment Officer of Fidelity Charitable Gift Fund from 2007 to 2009. Mr. Stein joined Fidelity in 1994 and has been in the investments industry since 1988. Mr. Stein earned his bachelor of arts degree in economics from Yale and his master of business administration degree from Stanford University. He is a CFA charterholder.


Tenure Analysis

Category Low

0.0

Category High

36.2

Category Average

5.45

Category Mode

2.2