Morningstar

Fidelity Asset Manager 20% Fund FASIX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 14.58  /  +0.07 %
  • Total Assets 6.2B
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.460%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Global Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Status Open
  • TTM Yield 3.03%
  • Turnover 31%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 4:50 AM GMT+0

Morningstar’s Analysis FASIX

Will FASIX 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 FASIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FASIX 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 FASIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This target-risk series holds steady.

Associate Analyst Mary Marshall

Mary Marshall

Associate Analyst

Summary

Fidelity Asset Manager series draws on the firm’s extensive resources and investment platform to support seven target-risk portfolios. That said, the current team structure is relatively new and has yet to demonstrate a durable edge.

by Mary Marshall
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Portfolio Holdings FASIX

More FASIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

18.70 1B
Cash and Equivalents

Fidelity Low Duration Bond ETF

4.25 266M
—

Fidelity Short-Term Bond Fund ETF

2.01 126M
—

United States Treasury Notes 0.04%

1.52 95M
Government

Us 10y Nte Fut (Cbt)sep26 Tyu6

1.46 92M
Government

United States Treasury Notes 0.0425%

1.43 90M
Government

United States Treasury Notes 0.04125%

1.37 86M
Government

Fidelity Garrison Str Tr

1.19 75M
—

Us 2yr Note (Cbt) Sep26 Tuu6

1.18 74M
Government

Fidelity Enhanced Small Cap Core ETF

1.18 74M
—

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