Morningstar

Fidelity Balanced Fund - Class K FBAKX

Morningstar Medalist Rating
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Medalist Rating as of See Fidelity Investment Hub
  • NAV / 1-Day Return $32.72  /  −8.01 %
  • Fund Size $65.3B
  • Adjusted Expense Ratio 0.390%
  • Net Expense Ratio 0.390%
  • Fee Level: Distribution Low
  • Share Class Type Retirement, Large
  • Morningstar Category Moderate Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) High/Moderate
  • Investment Status Open
  • TTM Yield 1.59%
  • Turnover Ratio 41%
NAV and 1-Day Return as of

Morningstar’s Analysis FBAKX

Will FBAKX outperform in the 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.

An active 60/40 fund worth considering.

Senior Analyst Hyunmin Kim

Hyunmin Kim

Senior Analyst

Summary

An ever-shifting, yet potent group of stock-pickers and bond-fund managers support Fidelity Balanced. Strong security selection, combined with an improved allocation framework, earns the fund a Process rating upgrade to Above Average.

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 27.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

5.52 4B
Technology

Alphabet Inc Class A

4.60 3B
Communication Services

Apple Inc

4.54 3B
Technology

Amazon.com Inc

3.05 2B
Consumer Cyclical

Microsoft Corp

2.94 2B
Technology

Broadcom Inc

1.74 1B
Technology

Meta Platforms Inc Class A

1.44 939M
Communication Services

Fidelity Cash Central Fund

1.36 884M
Cash and Equivalents

Mastercard Inc Class A

1.23 804M
Financial Services

United States Treasury Notes 0.04%

1.21 789M
Government

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