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Morningstar

Fidelity Advisor Asset Manager® 40% A FFNAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 11.73  /  0.09 %
  • Total Assets 2.2 Bil
  • Adj. Expense Ratio
    0.830%
  • Expense Ratio 0.830%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 2.44%
  • Turnover 16%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:16 PM GMT+0

Morningstar’s Analysis FFNAX

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

People Pillar

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

This target-date series carries more appeal in its bond-heavier portfolios.

Associate Analyst Nour Al Twal

Nour Al Twal

Associate Analyst

Summary

Two experienced portfolio managers helm Fidelity’s Advisor Asset Manager series with the support of the firm’s broad asset allocation resources. While the approach is thoughtful, it has not demonstrated an advantage relative to peers.

by Nour Al Twal
Rated on Published on

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Portfolio Holdings FFNAX

More FFNAX Holdings
  • Current Portfolio Date
  • Equity Holdings 1246
  • Bond Holdings 6440
  • Other Holdings 135
  • % Assets in Top 10 Holdings 13.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Revere Str Tr

2.73
60,367,180
Cash and Equivalents

United States Treasury Notes 1.25%

2.13
47,081,025
Government

Microsoft Corp

2.02
44,546,018
Technology

Fidelity Revere Str Tr

1.80
39,791,287
Cash and Equivalents

United States Treasury Notes 4.125%

1.77
39,059,685
Government

Apple Inc

1.72
38,034,012
Technology

iShares MSCI USA Min Vol Factor ETF

1.27
28,044,486
—

United States Treasury Bonds 2%

1.08
23,885,443
Government

Alphabet Inc Class A

1.04
22,913,772
Communication Services

iShares 20+ Year Treasury Bond ETF

1.00
21,993,749
—