Mutualfunds logo

FASMX Fidelity Asset Manager® 50%

  • Fund
  • FASMX
  • Price as of: Jan 23, 2019
  • $16.94
  • + $0.02
  • + 0.12%
  • Category
  • Diversified Portfolio

FASMX - Profile

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return -0.8%
  • Net Assets $8.52 B
  • Holdings in Top 10 19.6%

52 WEEK LOW AND HIGH

$16.94
$16.32
$18.91

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.63%

SALES FEES

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

BROKERAGE FEES

  • Turnover 15.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

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 3.1%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.55%
DIVIDENDS
  • Dividend Yield 0.5%
  • 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 3.1% -56.5% 18.5% 41.12% 3
1 Yr -10.1% -49.1% 45.9% 57.16% 4
3 Yr 3.2% * -28.1% 11.8% 30.22% 2
5 Yr -0.8% * -10.5% 12.3% 49.03% 3
10 Yr 4.9% * -7.7% 13.3% 37.77% 2

* Annualized


Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -10.1% -34.6% 32.0% 47.11% 3
2017 9.3% -37.7% 390.9% 22.50% 2
2016 4.2% -65.8% 48.7% 27.29% 2
2015 -5.9% -32.5% 36.4% 44.89% 3
2014 -2.9% -59.3% 20.8% 69.34% 4

Total Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.1% -100.0% 13.8% 40.67% 3
1 Yr -10.1% -51.6% 73.2% 56.46% 3
3 Yr 3.6% * -29.0% 28.2% 28.92% 2
5 Yr 1.5% * -10.6% 12.1% 47.30% 3
10 Yr 10.3% * -7.7% 13.3% 28.18% 2

* Annualized


Total Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -10.1% -34.6% 32.0% 47.28% 3
2017 9.3% -36.7% 390.9% 22.95% 2
2016 5.5% -65.6% 50.4% 32.11% 2
2015 -4.7% -29.3% 56.6% 77.76% 5
2014 6.0% -21.5% 52.2% 45.04% 3

NAV & Total Return History

FASMX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Net Assets 8.52 B 81.4 K 127 B 1.51% 1
Number of Holdings 2627 1 13349 0.64% 1
Net Assets in Top 10 1.83 B -654 M 24 B 3.16% 1
Weighting of Top 10 19.6% 0.0% 3143.7% 29.14% 5

Top 10 Holdings

  1. United States Treasury Notes 1.75% 4.32%
  2. United States Treasury Notes 1.25% 1.74%
  3. United States Treasury Notes 1.88% 1.67%
  4. United States Treasury Notes 0.38% 1.06%
  5. United States Treasury Notes 2.38% 0.98%
  6. iShares 20+ Year Treasury Bond ETF 2.29%
  7. iShares MSCI Japan ETF 1.04%
  8. iShares Core S&P 500 ETF 3.79%
  9. Microsoft Corp 1.34%
  10. iShares Core MSCI Emerging Markets ETF 1.33%

Asset Allocation

Weighting Category Low Category High FASMX % Rank Quintile
Stocks
52.91% -11.94% 146.96% 17.68% 3
Bonds
40.23% -119.31% 224.45% 12.97% 2
Cash
5.93% -217.71% 769.46% 15.32% 3
Other
0.83% -703.13% 131.18% 12.44% 2
Preferred Stocks
0.08% -0.04% 61.62% 8.42% 3
Convertible Bonds
0.01% 0.00% 41.00% 9.06% 4

Stock Sector Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
Technology
11.49% -10.43% 70.04% 8.22% 2
Financial Services
8.70% -8.51% 69.58% 13.25% 3
Healthcare
6.91% -3.69% 31.05% 12.23% 3
Consumer Cyclical
5.84% -9.72% 54.37% 13.48% 3
Industrials
5.28% -2.74% 48.84% 14.22% 3
Consumer Defense
3.94% -3.24% 27.69% 10.76% 3
Energy
3.21% -4.89% 34.66% 12.79% 3
Basic Materials
2.23% -2.54% 21.85% 9.70% 3
Real Estate
2.10% -5.28% 78.49% 11.87% 3
Communication Services
1.55% -1.63% 27.16% 9.28% 3
Utilities
1.49% -0.60% 47.20% 9.14% 3

Stock Geographic Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
US
37.28% -97.12% 146.22% 17.66% 3
Non US
15.63% -5.43% 150.26% 11.53% 2

Bond Sector Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
Government
20.01% -108.07% 325.83% 6.91% 1
Corporate
12.84% 0.00% 100.00% 18.71% 3
Securitized
7.20% -0.01% 51.89% 13.86% 3
Cash & Equivalents
5.93% -217.80% 770.85% 15.10% 3
Municipal
0.30% 0.00% 99.53% 6.54% 2
Derivative
-0.02% -144.01% 51.34% 3.57% 4

Bond Geographic Breakdown

Weighting Category Low Category High FASMX % Rank Quintile
US
36.94% -164.44% 219.30% 10.57% 2
Non US
3.29% -57.44% 188.06% 17.84% 3

FASMX - Expenses

Operational Fees

FASMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.63% 0.00% 165.34% 16.90% 2
Management Fee 0.49% 0.00% 2.55% 3.80% 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 15.00% 0.00% 5910.00% 13.29% 1

FASMX - Distributions

Dividend Yield Analysis

FASMX Category Low Category High FASMX % Rank Quintile
Dividend Yield 0.5% 0.00% 11.69% 18.03% 2

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 1.55% -3.77% 7.77% 11.77% 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

9.56

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

0.68

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

38.0

Category Average

5.94

Category Mode

4.0