Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Thank you for selecting your broker
We are redirecting you to the Broker Center now
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Thank you for your submission, we hope you enjoy your experience
ALERT

FREE Webinar for FA’s and RIA’s — Reserve Your Seat Now!

Mutualfunds logo

FASMX Fidelity Asset Manager® 50%

  • Fund
  • FASMX
  • Price as of: Dec 05, 2016
  • $16.72
  • + $0.07
  • + 0.42%
  • Category
  • Diversified Portfolio

FASMX - Profile

Vitals

  • YTD Return 4.2%
  • 3 Yr Annualized Return 4.2%
  • 5 Yr Annualized Return 6.8%
  • Net Assets $7.62 B
  • Holdings in Top 10 12.6%

52 WEEK LOW AND HIGH

$16.72
$15.02
$17.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.66%

SALES FEES

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

BROKERAGE FEES

  • Turnover 17.00%

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--50% to 70% Equity

Distributions

  • YTD Total Return 5.5%
  • 3 Yr Annualized Total Return 4.2%
  • 5 Yr Annualized Total Return 6.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.63%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Fidelity Asset Manager® 50% Fund
  • Fund Family Name Fidelity Investments
  • Inception Date Dec 28, 1988
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Geoffrey Stein

Fund Description

The Fidelity Asset Manager 50% Fund (FASMX) is a target-risk, moderate-allocation fund that seeks to grow an investor’s capital over time with a medium level of risk. The fund owns a variety of asset classes, including stocks, bonds and cash. The fund has a neutral allocation of 50% stocks, 40% bonds and 10% money-market instruments/cash. FASMX 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, FASMX makes an ideal core position for investors. The fund is internally managed by Fidelity.

FASMX - Performance

Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.2% -66.0% 21.5% 41.31% 3
1 Yr 4.0% -35.0% 45.9% 23.73% 2
3 Yr 4.2% * -13.6% 11.8% 25.46% 2
5 Yr 6.8% * -11.6% 13.2% 41.25% 3
10 Yr 5.0% * -5.0% 8.2% 32.59% 2

* Annualized


Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.9% -37.7% 48.7% 38.09% 3
2014 -2.9% -59.3% 14.8% 64.32% 4
2013 6.7% -17.5% 36.4% 51.04% 3
2012 9.5% -16.2% 18.4% 31.61% 2
2011 -2.6% -30.5% 7.4% 44.87% 3

Total Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.5% -65.8% 30.1% 38.35% 2
1 Yr 4.0% -38.3% 73.2% 18.05% 1
3 Yr 4.2% * -14.6% 28.2% 20.97% 2
5 Yr 6.8% * -11.9% 13.2% 37.81% 2
10 Yr 5.0% * -5.0% 8.2% 29.01% 2

* Annualized


Total Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -4.7% -29.3% 50.4% 69.64% 4
2014 6.0% -54.8% 25.4% 38.33% 2
2013 16.8% -16.7% 57.2% 43.23% 3
2012 14.5% -16.2% 74.5% 42.33% 3
2011 -0.8% -25.3% 15.8% 54.61% 3

NAV & Total Return History

FASMX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Net Assets 7.62 B 81.4 K 99.4 B 1.42% 1
Number of Holdings 2063 1 12494 1.01% 1
Net Assets in Top 10 995 M -654 M 20.2 B 4.44% 2
Weighting of Top 10 12.6% 0.2% 272.7% 29.11% 5

Top 10 Holdings

  1. Fidelity Cent Invt Portfolios 3.34%
  2. US Treasury Note 1.64%
  3. Fannie Mae 3.5% 30 Year 1.19%
  4. Fidelity Garrison Str Tr 1.18%
  5. Fannie Mae 4% 30 Year 1.13%
  6. Fidelity Cent Invt Portfolios 0.99%
  7. US Treasury Bond 0.72%
  8. GNMA 3.5% 0.71%
  9. Apple Inc 0.76%
  10. iShares Core MSCI Emerging Markets 0.93%

Asset Allocation

Weighting Category Low Category High FASMX % Rank Quintile
Stocks
44.86% -49.32% 147.79% 18.36% 3
Bonds
35.34% -41.48% 107.98% 14.76% 3
Cash
13.47% -55.49% 139.25% 8.79% 2
Other
6.15% -18.85% 98.84% 4.71% 1
Convertible Bonds
0.10% 0.00% 33.12% 6.77% 2
Preferred Stocks
0.08% -1.01% 35.22% 8.47% 3

Stock Sector Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
Technology
8.16% -8.03% 70.04% 11.79% 3
Financial Services
7.18% -5.07% 69.58% 13.83% 3
Healthcare
5.49% -1.46% 29.90% 13.79% 3
Consumer Cyclical
4.79% -6.02% 54.37% 14.67% 3
Industrials
4.53% -4.92% 48.84% 15.37% 3
Consumer Defense
4.04% -4.74% 27.69% 11.33% 3
Energy
2.89% -2.68% 33.46% 12.91% 3
Real Estate
2.34% -8.01% 48.98% 11.00% 2
Communication Services
1.96% -2.53% 27.16% 8.73% 3
Basic Materials
1.79% -2.13% 21.85% 11.00% 3
Utilities
1.49% -7.18% 47.20% 8.87% 3

Stock Geographic Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
US
30.33% -97.12% 142.85% 18.90% 3
Non US
14.53% -2.98% 150.26% 10.39% 2

Bond Sector Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
Corporate
16.14% -20.43% 93.55% 13.55% 3
Cash & Equivalents
13.45% -54.77% 138.37% 8.70% 2
Government
10.44% -91.64% 76.37% 12.77% 3
Securitized
8.29% -0.01% 40.54% 10.62% 2
Municipal
0.65% 0.00% 91.28% 4.76% 1
Derivative
0.01% -84.53% 36.75% 2.79% 1

Bond Geographic Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
US
30.53% -154.38% 94.16% 13.46% 3
Non US
4.81% -57.44% 198.64% 14.05% 3

FASMX - Expenses

Operational Fees

FASMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.66% 0.00% 165.34% 16.03% 2
Management Fee 0.50% 0.00% 2.55% 3.58% 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

FASMX Fees (% of AUM) Category Low Category High FASMX 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

FASMX Fees (% of AUM) Category Low Category High FASMX 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.

FASMX Fees (% of AUM) Category Low Category High FASMX Rank Quintile
Turnover 17.00% 0.00% 5609.00% 13.06% 2

FASMX - Distributions

Dividend Yield Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 29.72% 3

Dividend Distribution Analysis

FASMX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Net Income Ratio 1.63% -2.96% 9.94% 12.27% 2

Capital Gain Distribution Analysis

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

FASMX - 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