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FASMX Fidelity Asset Manager® 50%

  • Fund
  • FASMX
  • Price as of: Dec 14, 2017
  • $18.71
  • - $0.04
  • - 0.21%
  • Category
  • Diversified Portfolio

FASMX - Profile

Vitals

  • YTD Return 11.9%
  • 3 Yr Annualized Return 5.9%
  • 5 Yr Annualized Return 7.8%
  • Net Assets $8.76 B
  • Holdings in Top 10 19.2%

52 WEEK LOW AND HIGH

$18.71
$16.70
$18.75

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 11.9%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 7.8%
  • 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 11.9% -56.6% 455.1% 23.55% 2
1 Yr 14.2% -26.7% 45.9% 28.81% 2
3 Yr 5.9% * -11.4% 12.2% 26.99% 2
5 Yr 7.8% * -11.6% 15.7% 40.58% 3
10 Yr 5.5% * -6.3% 9.0% 32.66% 2

* Annualized


Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 4.2% -65.8% 23.3% 27.96% 2
2015 -5.9% -37.7% 48.7% 39.89% 3
2014 -2.9% -59.3% 22.9% 65.22% 4
2013 6.7% -17.5% 36.4% 51.80% 3
2012 9.5% -16.2% 18.4% 31.71% 2

Total Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.9% -56.6% 455.1% 23.58% 2
1 Yr 14.2% -28.0% 73.2% 22.67% 2
3 Yr 5.9% * -11.4% 28.2% 22.56% 2
5 Yr 7.8% * -11.9% 15.7% 37.75% 2
10 Yr 5.5% * -6.3% 9.0% 29.90% 2

* Annualized


Total Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 5.5% -65.6% 32.0% 31.05% 2
2015 -4.7% -29.3% 50.4% 72.70% 4
2014 6.0% -54.8% 25.4% 39.33% 2
2013 16.8% -16.7% 57.2% 44.03% 3
2012 14.5% -16.2% 74.5% 42.68% 3

NAV & Total Return History

FASMX - Holdings

Filings data as of: Oct 31, 2017

Concentration Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Net Assets 8.76 B 81.4 K 121 B 1.46% 1
Number of Holdings 1898 1 12849 1.37% 1
Net Assets in Top 10 1.66 B -654 M 23.3 B 3.25% 1
Weighting of Top 10 19.2% 0.2% 455.9% 27.95% 5

Top 10 Holdings

  1. US Treasury Note 1.75% 3.42%
  2. Fidelity Garrison Str Tr 2.03%
  3. Fidelity Cent Invt Portfolios 1.95%
  4. US Treasury Note 1.25% 1.92%
  5. US Treasury Note 0.75% 1.61%
  6. US Treasury Note 1.55%
  7. iShares 20+ Year Treasury Bond ETF 1.72%
  8. Fidelity Cent Invt Portfolios 0.96%
  9. iShares MSCI Japan ETF 1.03%
  10. iShares Core S&P 500 ETF 2.96%

Asset Allocation

Weighting Category Low Category High FASMX % Rank Quintile
Stocks
50.38% -1.21% 146.47% 18.55% 3
Bonds
36.32% -109.09% 124.94% 13.84% 3
Cash
7.70% -149.38% 110.98% 12.49% 2
Other
5.58% -6.08% 98.84% 4.71% 1
Preferred Stocks
0.03% -0.04% 119.94% 10.61% 4
Convertible Bonds
0.00% 0.00% 33.12% 7.96% 5

Stock Sector Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
Technology
9.75% -6.57% 70.04% 11.69% 2
Financial Services
9.13% -8.51% 69.58% 13.26% 3
Consumer Cyclical
5.68% -10.84% 54.37% 13.67% 3
Healthcare
5.46% -8.22% 31.05% 15.06% 3
Industrials
5.16% -2.74% 48.84% 14.87% 3
Consumer Defense
4.09% -2.25% 27.69% 10.30% 3
Energy
2.80% -4.89% 33.81% 12.75% 3
Basic Materials
2.63% -2.54% 21.85% 9.47% 2
Real Estate
1.97% -3.87% 87.96% 12.42% 3
Communication Services
1.82% -1.63% 27.16% 8.50% 3
Utilities
1.54% -2.48% 47.20% 9.15% 3

Stock Geographic Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
US
30.63% -97.12% 143.85% 20.54% 3
Non US
19.75% -11.38% 150.81% 8.97% 2

Bond Sector Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
Government
19.73% -339.71% 106.48% 6.27% 1
Corporate
11.29% 0.00% 212.43% 19.30% 4
Cash & Equivalents
7.63% -145.53% 110.98% 12.17% 2
Securitized
4.94% -0.01% 64.34% 15.46% 3
Municipal
0.40% 0.00% 207.05% 5.76% 1
Derivative
0.05% -84.53% 24.98% 3.48% 1

Bond Geographic Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
US
32.85% -186.20% 130.41% 12.03% 2
Non US
3.47% -57.44% 165.66% 16.51% 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% 16.31% 2
Management Fee 0.50% 0.00% 2.55% 3.43% 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% 12.57% 2

FASMX - Distributions

Dividend Yield Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 30.29% 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% -3.27% 12.91% 13.28% 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

8.47

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.


Tenure Analysis

Category Low

0.0

Category High

49.6

Category Average

5.65

Category Mode

0.7