Morningstar

Fidelity Balanced K FBAKX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 30.78  /  +0.26 %
  • Total Assets 47.9 Bil
  • Adj. Expense Ratio
    0.390%
  • Expense Ratio 0.390%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Moderate Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Status Open
  • TTM Yield 1.72%
  • Turnover 29%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:09 PM GMT+0

Morningstar’s Analysis FBAKX

Will FBAKX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBAKX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FBAKX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FBAKX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The manager is building his track record as an allocator.

Analyst Hyunmin Kim

Hyunmin Kim

Analyst

Summary

Fidelity Balanced benefits from the collective caliber of the firm’s stock-pickers and a few seasoned underlying managers, but its relatively new lead manager has a short track record managing a balanced fund.

by Hyunmin Kim
Rated on Published on

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Portfolio Holdings FBAKX

More FBAKX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

5.67 2.6 Bil
Technology

NVIDIA Corp

4.85 2.3 Bil
Technology

Apple Inc

3.08 1.4 Bil
Technology

Amazon.com Inc

2.99 1.4 Bil
Consumer Cyclical

Alphabet Inc Class A

2.07 968.2 Mil
Communication Services

Meta Platforms Inc Class A

1.95 911.8 Mil
Communication Services

Fidelity Cash Central Fund

1.78 831.6 Mil
Cash and Equivalents

United States Treasury Notes 4%

1.40 652.0 Mil
Government

United States Treasury Notes 4.125%

1.33 622.6 Mil
Government

Eli Lilly and Co

1.23 574.3 Mil
Healthcare

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