Fidelity® Balanced K (FBAKX)

24.46 +0.15  +0.62% Nov 15 USD
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Key Stats

Net Asset Value 24.46
Turnover Ratio 60.00%
1 Year Fund Level Flows -1.684B

Performance & Returns

  Total Return Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 3.47% 2.38% 7
3M 7.03% 5.39% 8
6M 7.76% 6.11% 13
YTD 20.68% 16.30% 5
1Y 14.49% 11.13% 7
3Y 11.30% 8.32% 5
5Y 7.95% 5.77% 7
10Y 10.00% 7.81% 7
15Y 7.88% 6.21% --
20Y 7.57% 5.85% --
As of Nov. 15, 2019. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 2.65% 2.65% 0.00%
Stock 64.77% 64.77% 0.00%
Bond 32.07% 32.64% 0.57%
Convertible 0.34% 0.34% 0.00%
Preferred 0.12% 0.12% 0.00%
Other 0.05% 0.05% 0.00%
As of Aug. 31, 2019

Region Exposure

Americas 93.00%
North America 92.14%
Latin America 0.86%
Greater Europe 4.43%
United Kingdom 1.83%
Europe Developed 2.50%
Europe Emerging 0.05%
Africa/Middle East 0.05%
Greater Asia 2.57%
Japan 0.15%
Australasia 0.07%
Asia Developed 0.14%
Asia Emerging 2.21%
Market Classification
% Developed Markets 97.05%
% Emerging Markets 2.95%
As of Aug. 31, 2019. Region breakdown data is calculated by using the long position holdings of the portfolio.

Stock Sector Exposure

Basic Materials 2.18%
Communication Services 1.75%
Consumer Cyclical 12.70%
Consumer Defensive 7.83%
Energy 4.67%
Financial Services 13.45%
Healthcare 14.14%
Industrials 9.13%
Real Estate 3.40%
Technology 27.36%
Utilities 3.39%
As of Aug. 31, 2019

Stock Market Capitalization

Giant 48.94%
Large 31.63%
Medium 15.33%
Small 3.86%
Micro 0.23%
As of Aug. 31, 2019

Stock Style Exposure

Large Cap Value 20.93%
Large Cap Blend 30.32%
Large Cap Growth 30.66%
Mid Cap Value 6.48%
Mid Cap Blend 5.80%
Mid Cap Growth 2.51%
Small Cap Value 0.28%
Small Cap Blend 1.70%
Small Cap Growth 1.32%
As of Aug. 31, 2019

FBAKX Bond Exposure

Government 28.46%
Corporate 37.09%
Securitized 25.83%
Municipal 1.09%
Cash 7.40%
Derivative 0.13%
As of Aug. 31, 2019

FBAKX Bond Credit Quality Exposure

AAA 57.57%
AA 1.78%
A 14.35%
BBB 21.02%
BB 4.09%
B 2.10%
Below B 0.49%
As of Aug. 31, 2019

FBAKX Bond Maturity Exposure

1 to 7 Days 0.00%
8 to 30 Days 0.00%
31 to 90 Days 0.11%
91 to 182 Days 0.43%
183 to 364 Days 2.02%
1 to 3 Years 12.13%
3 to 5 Years 24.59%
5 to 7 Years 19.46%
7 to 10 Years 15.00%
10 to 15 Years 4.28%
15 to 20 Years 4.44%
20 to 30 Years 15.04%
Over 30 Years 2.49%
As of Aug. 31, 2019
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
MSFT Microsoft Corp 3.31% 149.97 +1.29%
AAPL Apple Inc 2.39% 265.76 +1.19%
AMZN Amazon.com Inc 1.90% 1739.49 -0.86%
GOOG Alphabet Inc Class C 1.64% 1334.87 +1.78%
FB Facebook Inc A 1.50% 195.10 +1.01%
-- Ginnie Mae 3.5% 30 Year 1.42% -- --
ASSF United States Treasury Bonds 3% 1.13% -- --
UNH UnitedHealth Group Inc 1.08% 269.40 +5.30%
BAC Bank of America Corp 0.91% 32.93 +0.70%
COF Capital One Financial Corp 0.86% 97.38 +0.77%
As of Aug. 31, 2019
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Basic Info

Investment Strategy
The investment seeks income and capital growth consistent with reasonable risk. 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.
General
Security Type Mutual Fund
Oldest Share Symbol FBALX
Equity Style Large Cap/Growth
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--50% to 70% Equity
Prospectus Objective Balanced
Fund Owner Firm Name Fidelity Investments
Benchmark Index
S&P 500 TR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Brian Lempel 6.52 yrs
Douglas Simmons 11.09 yrs
Jody Simes 0.00 yrs
John Mirshekari 3.00 yrs
Jonathan Kasen 6.30 yrs
Nicola Stafford 2.25 yrs
Pierre Sorel 11.09 yrs
Robert Stansky 11.09 yrs
Steven Kaye 11.09 yrs

Share Classes

Symbol Share Class
FBALX No Load

Net Fund Flows

1M -250.08M
3M -471.43M
6M -661.38M
YTD -980.94M
1Y -1.684B
3Y -3.442B
5Y -4.039B
10Y -9.234B
As of Oct. 31, 2019

Risk Info

Beta (5Y) 0.7107
Historical Sharpe Ratio (10Y) 1.17
Historical Sortino (All) 0.6952
Daily Value at Risk (VaR) 1% (All) 2.39%
Monthly Value at Risk (VaR) 1% (All) 10.33%

Fundamentals

General
Dividend Yield TTM (11-15-19) 1.77%
30-Day SEC Yield (10-31-19) 1.61%
7-Day SEC Yield --
Forecasted Dividend Yield 1.85%
Number of Holdings 1969
Stock
Weighted Average PE Ratio 19.60
Weighted Average Price to Sales Ratio 1.952
Weighted Average Price to Book Ratio 2.896
Weighted Median ROE 21.97%
Weighted Median ROA 7.53%
Forecasted PE Ratio 17.67
Forecasted PS Ratio 1.814
Forecasted Price to Book Value 2.771
Number of Stock Holdings 335
Bond
Current Yield 3.49%
Yield to Maturity 2.92%
Effective Duration 4.71
Average Coupon 3.67%
Average Credit Score 8.00 (A)
Average Price 106.53
Number of Bond Holdings 1595
As of Aug. 31, 2019

Comparables

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Attributes

Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment 0.00 USD
Minimum Subsequent Investment 0.00 USD
Fees
Actual 12B-1 Fee --
Actual Management Fee 0.39%
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
Key Dates
Inception Date 5/9/2008
Termination Date
Last Annual Report Date 8/31/2019
Last Prospectus Date 10/30/2019
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
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