Morningstar

Fidelity Balanced Fund FBALX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$32.17  /  +0.56%
  • Fund Size$64.2B
  • Adjusted Expense Ratio0.440%
  • Net Expense Ratio0.440%
  • Fee Level: DistributionLow
  • Share Class TypeNo Load
  • Morningstar CategoryModerate Allocation
  • Equity Style Box (Funds)Large Blend
  • Fixed-Income Style Box (Funds)High/Moderate
  • Investment StatusOpen
  • TTM Yield1.62%
  • Turnover Ratio36%
NAV and 1-Day Return as of

Morningstar’s Analysis FBALX

Will FBALX 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 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 Published on

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Portfolio Holdings FBALX

More FBALX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings26.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

5.674B
Technology

Apple Inc

4.393B
Technology

Alphabet Inc Class A

4.253B
Communication Services

Microsoft Corp

3.222B
Technology

Amazon.com Inc

2.802B
Consumer Cyclical

Broadcom Inc

1.44949M
Technology

Meta Platforms Inc Class A

1.38913M
Communication Services

Fidelity Cash Central Fund

1.36898M
Cash and Equivalents

United States Treasury Notes 0.04%

1.22803M
Government

Mastercard Inc Class A

1.19787M
Financial Services

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