FASIX: Fidelity Asset Manager® 20%

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FASIX Fidelity Asset Manager® 20%

  • Fund
  • FASIX
  • Price as of: Dec 12, 2019
  • $13.69
    - $0.01 - 0.07%

Profile

FASIX - Profile

Vitals

  • YTD Return 7.9%
  • 3 Yr Annualized Return 1.4%
  • 5 Yr Annualized Return 0.8%
  • Net Assets $5.2 B
  • Holdings in Top 10 12.2%

52 WEEK LOW AND HIGH

$13.69
$12.66
$13.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.51%

SALES FEES

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

BROKERAGE FEES

  • Turnover 41.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--15% to 30% Equity

Distributions

  • YTD Total Return 7.9%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.29%
DIVIDENDS
  • Dividend Yield 1.0%
  • 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 D. 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.


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Categories

Fund Company Quick Screens

FASIX - Fund Company Quick Screens


Performance

FASIX - Performance

Return Ranking - Trailing

Period FASIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -47.2% 43.0% 84.53%
1 Yr 4.7% -40.9% 25.8% 75.30%
3 Yr 1.4%* -35.4% 14.5% 66.59%
5 Yr 0.8%* -40.5% 14.2% 55.29%
10 Yr 1.3%* -38.9% 17.9% 83.98%

* Annualized

Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.5% -31.8% 19.0% 13.06%
2017 3.2% -44.7% 46.3% 80.43%
2016 2.4% -84.5% 146.1% 63.90%
2015 -4.1% -40.7% 14.6% 23.00%
2014 -0.6% -35.0% 306.6% 67.49%

Total Return Ranking - Trailing

Period FASIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.9% -47.2% 43.0% 84.75%
1 Yr 7.3% -40.9% 25.8% 63.21%
3 Yr 4.3%* -35.4% 14.5% 61.04%
5 Yr 3.8%* -40.5% 14.2% 56.35%
10 Yr 4.3%* -38.9% 18.8% 80.49%

* Annualized

Total Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.8% -27.4% 19.0% 5.02%
2017 7.0% -44.7% 46.3% 73.71%
2016 4.7% -84.5% 146.1% 65.45%
2015 -2.7% -36.9% 14.6% 50.55%
2014 4.2% -35.0% 306.6% 60.81%

NAV & Total Return History


Holdings

FASIX - Holdings

Concentration Analysis

FASIX Category Low Category High FASIX % Rank
Net Assets 5.2 B 619 K 157 B 11.80%
Number of Holdings 3551 2 13643 1.06%
Net Assets in Top 10 621 M -206 M 29 B 24.89%
Weighting of Top 10 12.16% 8.9% 210.3% 96.40%

Top 10 Holdings

  1. iShares 20+ Year Treasury Bond ETF 1.94%
  2. iShares Core S&P 500 ETF 1.81%
  3. United States Treasury Bonds 3% 1.67%
  4. United States Treasury Notes 2.62% 1.48%
  5. Freddie Mac 3.5% 30 Year 1.03%
  6. Fidelity Cent Invt Portfolios Ii 1.02%
  7. Ginnie Mae 3.5% 30 Year 0.96%
  8. Fannie Mae 4% 30 Year 0.81%
  9. Fannie Mae 3.5% 30 Year 0.78%
  10. United States Treasury Notes 3.12% 0.67%

Asset Allocation

Weighting Return Low Return High FASIX % Rank
Bonds
47.40% -4.12% 79.17% 35.49%
Cash
29.44% -110.26% 61.28% 8.90%
Stocks
21.39% -41.01% 77.78% 81.78%
Other
1.25% -41.44% 209.72% 21.29%
Convertible Bonds
0.52% 0.00% 75.96% 38.56%
Preferred Stocks
0.01% 0.00% 49.94% 59.11%

Stock Sector Breakdown

Weighting Return Low Return High FASIX % Rank
Technology
4.80% -6.80% 28.79% 66.20%
Financial Services
3.50% -7.21% 30.29% 78.04%
Consumer Cyclical
2.26% -10.41% 25.25% 73.67%
Healthcare
2.24% -6.04% 20.92% 82.41%
Real Estate
2.18% -8.18% 51.84% 42.00%
Industrials
1.92% -2.39% 24.85% 83.37%
Consumer Defense
1.68% -2.62% 12.35% 70.68%
Energy
0.97% -2.02% 68.57% 80.17%
Basic Materials
0.72% -2.22% 15.06% 76.97%
Utilities
0.68% -2.30% 64.34% 70.47%
Communication Services
0.44% -2.17% 11.77% 86.14%

Stock Geographic Breakdown

Weighting Return Low Return High FASIX % Rank
US
15.05% -41.02% 75.95% 85.70%
Non US
6.34% -2.09% 29.45% 40.57%

Bond Sector Breakdown

Weighting Return Low Return High FASIX % Rank
Cash & Equivalents
29.44% -110.26% 72.04% 8.90%
Government
18.75% -45.95% 75.63% 24.89%
Corporate
17.57% 0.00% 84.75% 50.21%
Securitized
11.16% 0.00% 45.59% 44.39%
Municipal
0.44% 0.00% 58.76% 17.80%
Derivative
0.00% -19.91% 2.88% 34.43%

Bond Geographic Breakdown

Weighting Return Low Return High FASIX % Rank
US
42.40% -5.38% 87.85% 38.24%
Non US
5.00% -14.01% 19.86% 23.41%

Expenses

FASIX - Expenses

Operational Fees

FASIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.51% 0.00% 18.45% 83.28%
Management Fee 0.40% 0.00% 2.00% 36.80%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.83% N/A

Sales Fees

FASIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FASIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 41.00% 0.00% 1504.00% 38.78%

Distributions

FASIX - Distributions

Dividend Yield Analysis

FASIX Category Low Category High FASIX % Rank
Dividend Yield 0.97% 0.00% 10.97% 33.37%

Dividend Distribution Analysis

FASIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Quarterly

Net Income Ratio Analysis

FASIX Category Low Category High FASIX % Rank
Net Income Ratio 2.29% -4.40% 6.65% 26.43%

Capital Gain Distribution Analysis

FASIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FASIX - Fund Manager Analysis

Managers

Geoffrey D. Stein


Start Date

Tenure

Tenure Rank

Jun 12, 2009

10.47

10.5%

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


Start Date

Tenure

Tenure Rank

Apr 28, 2018

1.59

1.6%

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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 35.94 6.98 7.54