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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$24.12

$41.6 B

1.29%

$0.31

0.51%

Vitals

YTD Return

-20.6%

1 yr return

-5.1%

3 Yr Avg Return

13.0%

5 Yr Avg Return

10.2%

Net Assets

$41.6 B

Holdings in Top 10

22.3%

52 WEEK LOW AND HIGH

$23.7
$23.67
$31.72

Expenses

OPERATING FEES

Expense Ratio 0.51%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 40.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Allocation--50% to 70% Equity


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$24.12

$41.6 B

1.29%

$0.31

0.51%

FBALX - Profile

Distributions

  • YTD Total Return -20.6%
  • 3 Yr Annualized Total Return 13.0%
  • 5 Yr Annualized Total Return 10.2%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 0.98%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Fidelity® Balanced Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Nov 06, 1986
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Douglas Simmons

Fund Description

The fund invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), when its outlook is neutral. It invests at least 25% of total assets in fixed-income senior securities.


FBALX - Performance

Return Ranking - Trailing

Period FBALX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.6% -32.2% 108.5% 78.60%
1 Yr -5.1% -20.0% 50.6% 43.12%
3 Yr 13.0%* -4.2% 14.2% 1.79%
5 Yr 10.2%* -0.4% 11.5% 2.62%
10 Yr 10.6%* 2.2% 12.3% 2.48%

* Annualized

Return Ranking - Calendar

Period FBALX Return Category Return Low Category Return High Rank in Category (%)
2021 7.4% -39.0% 18.1% 36.60%
2020 15.0% -20.9% 39.7% 5.29%
2019 19.1% -21.9% 25.7% 5.09%
2018 -13.0% -48.9% 6.3% 71.79%
2017 7.8% -7.3% 61.5% 56.44%

Total Return Ranking - Trailing

Period FBALX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.6% -32.2% 108.5% 78.34%
1 Yr -5.1% -23.8% 46.9% 39.60%
3 Yr 13.0%* -4.2% 15.9% 2.23%
5 Yr 10.2%* -0.5% 13.2% 3.31%
10 Yr 10.6%* 2.2% 12.3% 2.47%

* Annualized

Total Return Ranking - Calendar

Period FBALX Return Category Return Low Category Return High Rank in Category (%)
2021 7.4% -39.0% 18.1% 36.60%
2020 15.0% -20.9% 39.7% 5.29%
2019 19.1% -21.9% 25.7% 5.09%
2018 -4.0% -48.9% 6.3% 10.15%
2017 16.5% -5.9% 61.5% 9.06%

NAV & Total Return History


FBALX - Holdings

Concentration Analysis

FBALX Category Low Category High FBALX % Rank
Net Assets 41.6 B 658 K 207 B 4.38%
Number of Holdings 5087 2 15351 2.83%
Net Assets in Top 10 10.1 B -6.38 M 48.5 B 6.64%
Weighting of Top 10 22.29% 8.4% 100.0% 81.29%

Top 10 Holdings

  1. Microsoft Corp 4.65%
  2. Apple Inc 3.91%
  3. Amazon.com Inc 2.73%
  4. Fidelity Revere Str Tr 1.95%
  5. United States Treasury Notes 1.25% 1.80%
  6. Alphabet Inc Class A 1.75%
  7. E-mini S&P 500 Future Mar 21 1.59%
  8. E-mini S&P 500 Future Mar 21 1.59%
  9. E-mini S&P 500 Future Mar 21 1.59%
  10. E-mini S&P 500 Future Mar 21 1.59%

Asset Allocation

Weighting Return Low Return High FBALX % Rank
Stocks
70.10% 0.00% 99.40% 4.43%
Bonds
29.02% -82.31% 116.75% 75.89%
Convertible Bonds
0.44% 0.00% 23.84% 58.18%
Other
0.31% -6.69% 48.03% 29.03%
Cash
0.10% -16.75% 158.07% 93.36%
Preferred Stocks
0.04% 0.00% 27.92% 52.15%

Stock Sector Breakdown

Weighting Return Low Return High FBALX % Rank
Technology
24.80% 0.00% 70.32% 11.10%
Healthcare
13.03% 0.00% 39.78% 64.86%
Financial Services
13.02% 0.00% 60.22% 74.11%
Consumer Cyclical
12.06% 0.00% 20.19% 13.69%
Communication Services
10.42% 0.00% 100.00% 7.15%
Industrials
7.56% 0.00% 33.21% 87.92%
Consumer Defense
6.59% 0.00% 23.01% 52.40%
Energy
4.00% 0.00% 85.65% 67.45%
Real Estate
3.18% 0.00% 65.01% 56.10%
Basic Materials
2.68% 0.00% 34.29% 77.19%
Utilities
2.67% 0.00% 99.55% 62.89%

Stock Geographic Breakdown

Weighting Return Low Return High FBALX % Rank
US
65.50% -1.65% 98.67% 4.92%
Non US
4.60% -0.44% 56.67% 68.88%

Bond Sector Breakdown

Weighting Return Low Return High FBALX % Rank
Government
32.82% 0.00% 98.50% 37.15%
Securitized
30.60% 0.00% 92.13% 14.64%
Corporate
29.40% 0.00% 98.21% 56.21%
Cash & Equivalents
6.46% 0.14% 100.00% 70.73%
Municipal
0.72% 0.00% 87.00% 25.83%
Derivative
0.00% 0.00% 31.93% 71.46%

Bond Geographic Breakdown

Weighting Return Low Return High FBALX % Rank
US
26.16% -82.31% 80.50% 67.04%
Non US
2.86% 0.00% 84.73% 63.59%

FBALX - Expenses

Operational Fees

FBALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.51% 0.06% 7.62% 87.39%
Management Fee 0.38% 0.00% 1.83% 47.64%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

FBALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FBALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

FBALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.00% 343.00% 49.16%

FBALX - Distributions

Dividend Yield Analysis

FBALX Category Low Category High FBALX % Rank
Dividend Yield 1.29% 0.00% 13.93% 51.09%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FBALX Category Low Category High FBALX % Rank
Net Income Ratio 0.98% -2.34% 19.41% 60.27%

Capital Gain Distribution Analysis

FBALX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Daily Annually

Dividend Payout History

View More +

FBALX - Fund Manager Analysis

Managers

Douglas Simmons


Start Date

Tenure

Tenure Rank

Sep 30, 2008

13.67

13.7%

Co-Manager(utilities sector) of FIAM. Before joining Fidelity in 2003, Mr. Simmons worked as a financial analyst at the private equity firm Hicks, Muse, Tate & Furst. He has been in the investments industry since 1997. Mr. Simmons earned his BA in finance from The University of Texas at Austin, where he graduated with highest honors, and his MBA from Harvard Business School.

Robert Stansky


Start Date

Tenure

Tenure Rank

Sep 30, 2008

13.67

13.7%

Stansky is vice president and portfolio manager, as well a group manager of VIP Contrafund Portfolio and is responsible for assignment of managers to sectors, managing daily cash flows directing risk management and overseeing in the portfolio. He will not select individual securities in the sectors. He joined Fidelity Investments as a research analyst in 1983, and worked as a research assistant from 1984 to 1987. Prior to assuming his current responsibilities, Mr. Stansky managed Fidelity's Magellan Fund from 1996 to 2005. Previously, he managed Fidelity Growth Company Fund, Fidelity Advisor Equity Growth Fund, and Fidelity Growth Strategies, as well as an institutional portfolio for Fidelity. Mr. Stansky also served as an analyst and portfolio assistant on Magellan Fund and as an analyst in Fidelity's Equity research department where he managed the Select Defense & Aerospace Fund. He has been in the financial industry since joining Fidelity in 1983. Mr. Stansky earned his bachelor of science degree in business from Nichols College and his master of business administration degree in finance from New York University.

John Mirshekari


Start Date

Tenure

Tenure Rank

Oct 31, 2016

5.58

5.6%

Mr. Mirshekari has joined Fidelity Investments since 2003 and has worked as a research analyst and portfolio manager. He is also a member of FMR’s Stock Selector Large Cap Group.

Nicola Stafford


Start Date

Tenure

Tenure Rank

Aug 03, 2017

4.83

4.8%

Nicola Stafford is a portfolio manager in the Equity division at Fidelity Investments. She has been in the financial industry since 2001. Ms. Stafford earned her bachelor of science degree in mechanical engineering and economics from the Massachusetts Institute of Technology (MIT).

Jody Simes


Start Date

Tenure

Tenure Rank

Nov 08, 2019

2.56

2.6%

Jody Simes is a global sector leader/analyst at Fidelity Institutional Asset Management (FIAM). In this role, he manages both the global energy (since 2011) and global materials (since 2006) sector sleeves of the FIAM sector portfolios and analyzes stocks for the broader diversified portfolio management team. He has been in the investments industry since joining Fidelity in 1993. Mr. Simes earned his bachelor of science degree in finance from the University of Massachusetts and his master of science degree in finance from Boston College. He is a CFA charterholder.

Melissa Reilly


Start Date

Tenure

Tenure Rank

Jan 01, 2020

2.41

2.4%

Sean Gavin is portfolio manager of the fund, which he has managed since April 2017. He also manages other funds. Since joining Fidelity Investments in 2006, Mr. Gavin has worked as a research analyst and portfolio manager.

Ashley Fernandes


Start Date

Tenure

Tenure Rank

Jan 01, 2020

2.41

2.4%

Ashley Fernandes is the Natural Resources sector leader and a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. In this role, Mr. Fernandes provides research coverage for the global integrated energy and global mining companies and he manages the Fidelity Natural Resources Fund. He is also a member of Fidelity's Stock Selector Large Cap Group and is responsible for managing the energy and materials sleeves for various diversified sector-based portfolios. Mr. Fernandes is also responsible for co-managing the Fidelity and Fidelity Advisor Balanced Funds, VIP Balanced Portfolio, Fidelity Select and VIP Materials Portfolio, and Fidelity Advisor Materials Fund. Additionally, he co-manages both the global energy and global materials sector sleeves of the FIAM sector portfolios. Prior to assuming his current role, Mr. Fernandes worked as a global energy analyst for Fidelity International Limited (FIL) in London from 2008 to 2013. In this capacity, he was an analyst for the U.S., Canadian, European integrated, and emerging-market energy sectors, as well as small- and mid-cap international exploration and production (E&P) companies. Before joining Fidelity in 2013, Mr. Fernandes worked as an associate in Private Equity. He has been in the financial industry since 2001. Mr. Fernandes earned his bachelor of commerce degree, with honors, from Queen’s University, and his master of business administration degree from London Business School. He is also a CFA® charterholder.

Priyanshu Bakshi


Start Date

Tenure

Tenure Rank

Jan 18, 2022

0.36

0.4%

Priyanshu Bakshi joined Fidelity Investments in 2015. Mr. Bakshi has worked as a research analyst, sector leader, and portfolio manager.

Matthew Drukker


Start Date

Tenure

Tenure Rank

Jan 18, 2022

0.36

0.4%

Matthew Drukker is portfolio manager of Fidelity Management & Research Company. Prior to joining Fidelity Investments in August 2008 as a research analyst, Mr. Drukker was an investment banker at Sander O'Neill in New York from 1999 to 2006.

Ali Khan


Start Date

Tenure

Tenure Rank

Jan 18, 2022

0.36

0.4%

Ali Khan is a research analyst and portfolio manager in the Equity division at Fidelity Investments. In this role, Mr. Khan manages Fidelity Information Technology Central Fund, along with the technology sleeves of the FIAM Small/Mid Cap Core Fund and the IT and Telecom sleeves of the Fidelity Stock Selector Mid-Cap Fund. He also manages the Fidelity Select Software and IT services portfolio and provides research coverage for the software industry including Apple, Microsoft, Oracle, Adobe, and Salesforce.com. Additionally, he co-manages the Fidelity Stock Selector All Cap Fund. Mr. Khan earned his bachelor of arts degree in economics and political science from Amherst College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 34.51 6.23 2.41