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FASMX Fidelity Asset Manager® 50%

  • Fund
  • FASMX
  • Price as of: Jul 20, 2018
  • $18.49
  • - $0.01
  • - 0.05%
  • Category
  • Diversified Portfolio

FASMX - Profile

Vitals

  • YTD Return 1.2%
  • 3 Yr Annualized Return 5.9%
  • 5 Yr Annualized Return 7.1%
  • Net Assets $9.18 B
  • Holdings in Top 10 17.9%

52 WEEK LOW AND HIGH

$18.49
$17.86
$18.91

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.65%

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--30% to 50% Equity

Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 7.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.39%
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 D. 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 1.2% -100.0% 18.5% 28.93% 2
1 Yr 7.0% -26.7% 45.9% 33.58% 2
3 Yr 5.9% * -16.6% 15.3% 29.18% 2
5 Yr 7.1% * -9.6% 13.9% 33.09% 2
10 Yr 6.4% * -8.8% 9.8% 29.62% 2

* Annualized


Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 9.3% -17.9% 390.9% 22.89% 2
2016 4.2% -65.8% 23.3% 26.85% 2
2015 -5.9% -49.9% 48.7% 42.50% 3
2014 -2.9% -59.3% 36.4% 66.85% 4
2013 6.7% -17.5% 27.4% 52.48% 3

Total Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.2% -100.0% 14.8% 28.37% 2
1 Yr 7.0% -29.6% 73.2% 25.21% 2
3 Yr 5.9% * -17.7% 28.2% 24.55% 2
5 Yr 7.1% * -9.6% 13.9% 29.83% 2
10 Yr 6.4% * -8.8% 9.8% 26.68% 2

* Annualized


Total Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 9.3% -16.6% 390.9% 22.97% 2
2016 5.5% -65.6% 32.0% 29.92% 2
2015 -4.7% -54.8% 50.4% 75.55% 4
2014 6.0% -21.5% 56.6% 42.66% 3
2013 16.8% -16.7% 57.2% 42.50% 3

NAV & Total Return History

FASMX - Holdings

Filings data as of: Mar 31, 2018

Concentration Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Net Assets 9.18 B 81.4 K 129 B 1.51% 1
Number of Holdings 2719 1 13352 0.55% 1
Net Assets in Top 10 1.62 B -654 M 23.5 B 3.52% 1
Weighting of Top 10 17.9% 0.0% 531.5% 29.19% 5

Top 10 Holdings

  1. United States Treasury Notes 1.75% 4.54%
  2. United States Treasury Notes 1.25% 1.82%
  3. Fidelity Garrison Str Tr 1.51%
  4. United States Treasury Notes 0.38% 1.11%
  5. United States Treasury Notes 1.88% 1.10%
  6. United States Treasury Notes 2.38% 0.79%
  7. iShares 20+ Year Treasury Bond ETF 1.77%
  8. iShares MSCI Japan ETF 1.09%
  9. iShares Core S&P 500 ETF 3.19%
  10. Microsoft Corp 1.03%

Asset Allocation

Weighting Category Low Category High FASMX % Rank Quintile
Stocks
49.90% -28.43% 151.66% 19.19% 3
Bonds
38.93% -102.45% 227.88% 13.07% 2
Cash
9.54% -223.16% 211.80% 10.84% 2
Other
1.57% -14.17% 98.84% 11.99% 2
Preferred Stocks
0.04% -0.50% 64.21% 9.01% 3
Convertible Bonds
0.02% 0.00% 69.15% 8.69% 4

Stock Sector Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
Technology
10.02% -6.57% 70.04% 11.54% 2
Financial Services
9.28% -8.51% 69.58% 13.67% 3
Healthcare
5.97% -0.79% 31.05% 13.25% 3
Consumer Cyclical
5.70% -9.92% 54.37% 15.00% 3
Industrials
4.83% -2.74% 48.84% 15.60% 3
Consumer Defense
4.01% -3.24% 27.69% 10.85% 3
Energy
2.78% -4.89% 31.88% 13.94% 4
Basic Materials
2.37% -2.54% 22.96% 10.53% 3
Real Estate
1.83% -4.58% 73.13% 12.88% 3
Communication Services
1.53% -1.63% 27.16% 8.63% 3
Utilities
1.33% -0.60% 47.20% 9.88% 3

Stock Geographic Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
US
33.04% -97.12% 150.00% 19.95% 3
Non US
16.86% -2.06% 150.26% 11.12% 2

Bond Sector Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
Government
21.11% -413.66% 159.46% 6.27% 1
Corporate
13.23% -0.50% 204.61% 18.30% 3
Cash & Equivalents
9.53% -228.15% 211.86% 10.52% 2
Securitized
4.36% -0.01% 57.02% 17.57% 3
Municipal
0.31% 0.00% 217.57% 6.45% 2
Derivative
0.00% -105.94% 73.40% 4.21% 3

Bond Geographic Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
US
35.87% -206.10% 151.84% 10.61% 2
Non US
3.06% -61.75% 230.04% 17.80% 3

FASMX - Expenses

Operational Fees

FASMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.65% 0.00% 165.34% 16.66% 2
Management Fee 0.50% 0.00% 2.55% 3.57% 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 20.00% 0.00% 5910.00% 12.30% 2

FASMX - Distributions

Dividend Yield Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 29.67% 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 1.39% -3.77% 11.42% 12.53% 3

Capital Gain Distribution Analysis

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

FASMX - Managers

Geoffrey D. Stein

Manager

Start Date

Jun 12, 2009

Tenure

9.05

Tenure Rank

2.7%

Geoffrey D. Stein assumes his current position in April 2009. Previously, he worked as a portfolio manager and director of portfolio management from 1998 to 2007, focusing on Fidelity Portfolio Advisory Service®, and as an investment consultant for Fidelity Investments Institutional Services Company, Inc. (FIIS) and Fidelity Management & Research Company (FMRCo) from 1994 to 1998.


Avishek Hazrachoudhury

Manager

Start Date

Apr 28, 2018

Tenure

0.17

Tenure Rank

8.3%

Since joining Fidelity Investments in 2013, Mr. Hazrachoudhury has worked as a quantitative analyst and portfolio manager.


Tenure Analysis

Category Low

0.0

Category High

37.5

Category Average

5.77

Category Mode

3.5