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FASMX Fidelity Asset Manager® 50%

  • Fund
  • FASMX
  • Price as of: Sep 20, 2019
  • $18.38 - $0.00 - 0.00%

FASMX - Profile

Vitals

  • YTD Return 11.9%
  • 3 Yr Annualized Return 2.6%
  • 5 Yr Annualized Return 0.2%
  • Net Assets $9.29 B
  • Holdings in Top 10 17.6%

52 WEEK LOW AND HIGH

$18.38
$16.32
$18.66

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

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 11.9%
  • 3 Yr Annualized Total Return 4.7%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.55%
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 (%)
YTD 11.9% -5.5% 20.2% 28.65%
1 Yr -1.6% -16.3% 6.4% 54.50%
3 Yr 2.6%* -4.0% 7.6% 22.71%
5 Yr 0.2%* -7.7% 4.0% 47.81%
10 Yr 3.1%* -1.8% 6.7% 34.03%

* Annualized


Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.1% -21.7% 0.0% 40.23%
2017 9.3% -3.1% 19.3% 44.24%
2016 4.2% -9.5% 13.7% 32.12%
2015 -5.9% -19.1% 1.0% 35.74%
2014 -2.9% -21.3% 8.3% 76.34%

Total Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.9% -5.5% 20.2% 30.24%
1 Yr -1.6% -16.3% 6.5% 76.57%
3 Yr 4.7%* -3.9% 9.0% 35.33%
5 Yr 3.5%* -7.7% 7.0% 40.15%
10 Yr 6.3%* -1.8% 9.6% 41.36%

* Annualized


Total Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.5% -21.7% 0.0% 69.41%
2017 14.1% -3.1% 22.1% 36.76%
2016 6.4% -9.5% 20.7% 27.81%
2015 -4.7% -15.9% 6.2% 64.62%
2014 6.1% -21.3% 10.0% 20.61%

NAV & Total Return History

FASMX - Holdings

Concentration Analysis

FASMX Category Low Category High FASMX % Rank
Net Assets 9.29 B 1.73 M 110 B 19.32%
Number of Holdings 3435 54 3759 10.76%
Net Assets in Top 10 1.66 B -15.8 M 19.6 B 22.57%
Weighting of Top 10 17.60% 6.5% 281.0% 66.67%

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% 20.69% 78.86% 58.27%
Bonds
35.64% 20.32% 64.02% 53.02%
Cash
9.60% -9.02% 50.88% 32.28%
Other
1.19% -5.92% 14.62% 31.50%
Convertible Bonds
0.28% 0.00% 5.85% 46.46%
Preferred Stocks
0.09% 0.00% 6.78% 59.84%

Stock Sector Breakdown

Weighting Return Low Return High FASMX % Rank
Technology
11.68% 0.00% 22.42% 15.96%
Financial Services
9.10% 0.00% 18.69% 44.95%
Healthcare
6.08% 0.00% 12.22% 51.86%
Consumer Cyclical
5.96% 0.00% 27.50% 33.51%
Industrials
5.33% 0.02% 12.82% 50.00%
Consumer Defense
4.30% 0.00% 13.50% 47.87%
Real Estate
2.80% -0.21% 56.67% 48.40%
Energy
2.76% 0.00% 12.30% 65.43%
Basic Materials
2.10% 0.00% 7.38% 50.27%
Utilities
1.65% 0.00% 10.48% 46.54%
Communication Services
1.44% 0.00% 9.51% 59.84%

Stock Geographic Breakdown

Weighting Return Low Return High FASMX % Rank
US
33.70% -0.12% 55.72% 37.27%
Non US
19.50% 0.17% 58.23% 65.88%

Bond Sector Breakdown

Weighting Return Low Return High FASMX % Rank
Government
14.66% -28.14% 47.33% 50.39%
Corporate
12.81% -0.53% 41.59% 52.23%
Cash & Equivalents
9.60% -24.17% 51.73% 32.81%
Securitized
8.27% 0.00% 55.61% 40.16%
Municipal
0.27% 0.00% 26.76% 21.00%
Derivative
0.00% -16.28% 28.96% 74.80%

Bond Geographic Breakdown

Weighting Return Low Return High FASMX % Rank
US
32.04% -2.11% 53.76% 33.07%
Non US
3.60% -14.45% 64.23% 72.44%

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% 85.29%
Management Fee 0.49% 0.00% 2.05% 34.20%
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

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 Return Low Category Return High Rank in Category (%)
Turnover 15.00% 14.00% 551.00% 6.60%

FASMX - Distributions

Dividend Yield Analysis

FASMX Category Low Category High FASMX % Rank
Dividend Yield 0.24% 0.00% 4.87% 80.16%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FASMX Category Low Category High FASMX % Rank
Net Income Ratio 1.55% -0.55% 4.23% 59.13%

Capital Gain Distribution Analysis

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

FASMX - 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