FASMX: Fidelity Asset Manager® 50%

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FASMX Fidelity Asset Manager® 50%

  • Fund
  • FASMX
  • Price as of: Dec 04, 2019
  • $18.74
    + $0.04 + 0.21%

Profile

FASMX - Profile

Vitals

  • YTD Return 14.1%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 0.4%
  • Net Assets $9.38 B
  • Holdings in Top 10 17.6%

52 WEEK LOW AND HIGH

$18.74
$16.32
$18.86

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.63%

SALES FEES

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

BROKERAGE FEES

  • Turnover 37.00%

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--30% to 50% Equity

Distributions

  • YTD Total Return 14.1%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.88%
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.


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Categories

FASMX - Mutual Fund Categories


Fund Company Quick Screens

FASMX - Fund Company Quick Screens


Performance

FASMX - Performance

Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.1% -8.1% 22.7% 27.16%
1 Yr 6.2% -21.0% 15.8% 50.00%
3 Yr 3.9%* -9.9% 11.8% 37.91%
5 Yr 0.4%* -9.3% 8.0% 50.88%
10 Yr 3.1%* -2.8% 11.2% 46.67%

* Annualized

Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.1% -32.7% 0.0% 36.84%
2017 9.3% -3.7% 19.3% 36.90%
2016 4.2% -9.5% 16.1% 34.58%
2015 -5.9% -19.1% 1.0% 34.23%
2014 -2.9% -21.3% 10.2% 75.16%

Total Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.1% -8.1% 22.7% 27.16%
1 Yr 6.2% -21.0% 15.8% 65.24%
3 Yr 5.9%* -9.9% 11.8% 46.13%
5 Yr 3.7%* -9.3% 8.0% 49.71%
10 Yr 6.3%* -2.8% 11.2% 49.33%

* Annualized

Total Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.5% -32.7% 0.0% 67.96%
2017 14.1% -3.7% 22.1% 35.88%
2016 6.4% -9.5% 20.7% 33.78%
2015 -4.7% -16.4% 6.2% 66.67%
2014 6.1% -21.3% 15.3% 21.24%

NAV & Total Return History


Holdings

FASMX - Holdings

Concentration Analysis

FASMX Category Low Category High FASMX % Rank
Net Assets 9.38 B 1.73 M 112 B 17.37%
Number of Holdings 3435 52 4473 8.07%
Net Assets in Top 10 1.66 B -15.8 M 20.3 B 18.26%
Weighting of Top 10 17.60% 5.1% 224.0% 67.94%

Top 10 Holdings

  1. iShares Core MSCI Emerging Markets ETF 4.72%
  2. iShares 20+ Year Treasury Bond ETF 1.87%
  3. United States Treasury Bills 0% 1.81%
  4. United States Treasury Notes 2.62% 1.70%
  5. Microsoft Corp 1.55%
  6. iShares MSCI Japan ETF 1.50%
  7. Apple Inc 1.40%
  8. United States Treasury Bonds 3% 1.18%
  9. iShares Core S&P 500 ETF 1.03%
  10. Amazon.com Inc 0.83%

Asset Allocation

Weighting Return Low Return High FASMX % Rank
Stocks
53.20% 20.81% 79.10% 49.04%
Bonds
35.64% 20.05% 64.96% 57.96%
Cash
9.60% -19.78% 51.94% 22.51%
Other
1.19% -3.85% 30.26% 24.20%
Convertible Bonds
0.28% 0.00% 11.29% 48.41%
Preferred Stocks
0.09% 0.00% 20.67% 62.63%

Stock Sector Breakdown

Weighting Return Low Return High FASMX % Rank
Technology
11.68% 0.00% 20.90% 16.95%
Financial Services
9.10% 0.00% 18.31% 42.49%
Healthcare
6.08% 0.00% 14.10% 47.21%
Consumer Cyclical
5.96% 0.00% 27.50% 33.91%
Industrials
5.33% 0.16% 13.04% 47.42%
Consumer Defense
4.30% 0.00% 13.50% 51.50%
Real Estate
2.80% -0.11% 60.06% 47.42%
Energy
2.76% -0.52% 21.07% 58.58%
Basic Materials
2.10% 0.00% 5.28% 45.71%
Utilities
1.65% -1.54% 12.13% 56.65%
Communication Services
1.44% 0.00% 11.55% 54.94%

Stock Geographic Breakdown

Weighting Return Low Return High FASMX % Rank
US
33.70% -0.12% 55.79% 36.09%
Non US
19.50% 2.15% 60.15% 60.51%

Bond Sector Breakdown

Weighting Return Low Return High FASMX % Rank
Government
14.66% -31.33% 43.92% 50.96%
Corporate
12.81% -0.53% 64.01% 55.41%
Cash & Equivalents
9.60% -27.77% 71.17% 22.51%
Securitized
8.27% -29.84% 58.37% 34.61%
Municipal
0.27% 0.00% 8.28% 19.11%
Derivative
0.00% -18.88% 29.30% 59.45%

Bond Geographic Breakdown

Weighting Return Low Return High FASMX % Rank
US
32.04% -7.28% 64.79% 30.57%
Non US
3.60% -22.37% 44.27% 76.22%

Expenses

FASMX - Expenses

Operational Fees

FASMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.07% 26.19% 84.88%
Management Fee 0.49% 0.00% 2.05% 30.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

FASMX 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

FASMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 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.

FASMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 7.00% 586.00% 18.59%

Distributions

FASMX - Distributions

Dividend Yield Analysis

FASMX Category Low Category High FASMX % Rank
Dividend Yield 0.23% 0.00% 4.95% 76.27%

Dividend Distribution Analysis

FASMX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

FASMX Category Low Category High FASMX % Rank
Net Income Ratio 1.88% -0.82% 6.29% 55.51%

Capital Gain Distribution Analysis

FASMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FASMX - Fund Manager Analysis

Managers

Geoffrey D. Stein


Start Date

Tenure

Tenure Rank

Jun 12, 2009

10.39

10.4%

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

1.51

1.5%

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
0.03 27.85 6.24 5.11