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FASIX Fidelity Asset Manager® 20%

  • Fund
  • FASIX
  • Price as of: Sep 20, 2019
  • $13.54 + $0.02 + 0.15%

FASIX - Profile

Vitals

  • YTD Return 6.7%
  • 3 Yr Annualized Return 0.7%
  • 5 Yr Annualized Return -0.1%
  • Net Assets $5.14 B
  • Holdings in Top 10 16.6%

52 WEEK LOW AND HIGH

$13.54
$12.66
$13.58

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

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

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

$2,500

Fund Classification

PRIMARY CATEGORY

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

Distributions

  • YTD Total Return 6.7%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.81%
DIVIDENDS
  • Dividend Yield 1.1%
  • 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.

FASIX - Performance

Return Ranking - Trailing

Period FASIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -5.5% 20.2% 89.66%
1 Yr 0.9% -16.3% 6.4% 32.70%
3 Yr 0.7%* -4.0% 7.6% 65.62%
5 Yr -0.1%* -7.7% 4.0% 55.47%
10 Yr 1.4%* -1.8% 6.7% 76.96%

* Annualized


Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.5% -21.7% 0.0% 3.68%
2017 3.2% -3.1% 19.3% 92.21%
2016 2.4% -9.5% 13.7% 65.89%
2015 -4.1% -19.1% 1.0% 23.10%
2014 -0.6% -21.3% 8.3% 51.91%

Total Return Ranking - Trailing

Period FASIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% -5.5% 20.2% 89.66%
1 Yr 3.6% -16.3% 6.5% 16.35%
3 Yr 3.5%* -3.9% 9.0% 60.57%
5 Yr 2.9%* -7.7% 7.0% 54.74%
10 Yr 4.3%* -1.8% 9.6% 67.54%

* Annualized


Total Return Ranking - Calendar

Period FASIX Return Category Return Low Category Return High Rank in Category (%)
2018 -1.8% -21.7% 0.0% 1.13%
2017 7.0% -3.1% 22.1% 85.98%
2016 4.7% -9.5% 20.7% 57.28%
2015 -2.7% -15.9% 6.2% 50.18%
2014 4.2% -21.3% 10.0% 38.93%

NAV & Total Return History

FASIX - Holdings

Concentration Analysis

FASIX Category Low Category High FASIX % Rank
Net Assets 5.14 B 1.73 M 110 B 21.93%
Number of Holdings 3436 54 3759 4.99%
Net Assets in Top 10 849 M -15.8 M 19.6 B 30.18%
Weighting of Top 10 16.55% 6.5% 281.0% 69.29%

Top 10 Holdings

  1. iShares Core MSCI Emerging Markets ETF 3.29%

  2. United States Treasury Bills 0% 2.42%

  3. United States Treasury Notes 2.62% 2.27%

  4. iShares 20+ Year Treasury Bond ETF 2.02%

  5. United States Treasury Bonds 3% 1.57%

  6. iShares MSCI Japan ETF 1.26%

  7. Ginnie Mae 3.5% 30 Year 1.04%

  8. United States Treasury Notes 3.12% 0.95%

  9. Ginnie Mae 3% 30 Year 0.92%

  10. Fannie Mae 4% 30 Year 0.82%


Asset Allocation

Weighting Return Low Return High FASIX % Rank
Bonds
45.74% 20.32% 64.02% 21.52%
Cash
30.98% -9.02% 50.88% 2.62%
Stocks
22.07% 20.69% 78.86% 97.11%
Other
0.80% -5.92% 14.62% 37.80%
Convertible Bonds
0.37% 0.00% 5.85% 34.65%
Preferred Stocks
0.04% 0.00% 6.78% 68.50%

Stock Sector Breakdown

Weighting Return Low Return High FASIX % Rank
Technology
4.76% 0.00% 22.42% 79.26%
Financial Services
3.71% 0.00% 18.69% 85.37%
Consumer Cyclical
2.48% 0.00% 27.50% 84.31%
Healthcare
2.31% 0.00% 12.22% 87.77%
Industrials
2.11% 0.02% 12.82% 90.43%
Real Estate
1.70% -0.21% 56.67% 66.22%
Consumer Defense
1.68% 0.00% 13.50% 89.36%
Energy
1.11% 0.00% 12.30% 90.96%
Basic Materials
0.92% 0.00% 7.38% 86.44%
Utilities
0.65% 0.00% 10.48% 85.37%
Communication Services
0.63% 0.00% 9.51% 90.96%

Stock Geographic Breakdown

Weighting Return Low Return High FASIX % Rank
US
13.23% -0.12% 55.72% 91.60%
Non US
8.84% 0.17% 58.23% 94.75%

Bond Sector Breakdown

Weighting Return Low Return High FASIX % Rank
Cash & Equivalents
30.99% -24.17% 51.73% 2.62%
Government
18.21% -28.14% 47.33% 28.61%
Corporate
16.53% -0.53% 41.59% 37.27%
Securitized
11.05% 0.00% 55.61% 27.82%
Municipal
0.36% 0.00% 26.76% 11.55%
Derivative
0.00% -16.28% 28.96% 44.62%

Bond Geographic Breakdown

Weighting Return Low Return High FASIX % Rank
US
41.09% -2.11% 53.76% 15.22%
Non US
4.65% -14.45% 64.23% 62.47%

FASIX - Expenses

Operational Fees

FASIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.07% 26.19% 90.19%
Management Fee 0.41% 0.00% 2.05% 24.28%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FASIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.20% 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 0.20% 2.00% 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.

FASIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 14.00% 551.00% 19.79%

FASIX - Distributions

Dividend Yield Analysis

FASIX Category Low Category High FASIX % Rank
Dividend Yield 1.14% 0.00% 4.87% 30.81%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FASIX Category Low Category High FASIX % Rank
Net Income Ratio 1.81% -0.55% 4.23% 50.41%

Capital Gain Distribution Analysis

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

FASIX - Managers

Geoffrey D. Stein

Manager

Start Date

Tenure

Tenure Rank

Jun 12, 2009

10.22

10.2%

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

Tenure

Tenure Rank

Apr 28, 2018

1.34

1.3%

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

27.68

Category Average

6.77

Category Mode

6.67