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Fidelity Balanced Fund FBALX

Medalist Rating as of Oct 16, 2026 See Fidelity Investment Hub

Will FBALX outperform in the future?

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

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Process Pillar

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

The People Pillar is our evaluation of the FBALX 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 FBALX’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

Fidelity Balanced benefits from a potent group of stock-pickers and bond-fund managers, as well as a thoughtful allocation framework. For investors looking to outdo the typical US 60/40 portfolio over the long term, this fund is worth considering.

by Hyunmin Kim

Rated on Oct 16, 2026 Published on Oct 16, 2026

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