Morningstar

Fidelity Advisor Asset Manager 60% - Class A FSAAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 18.61  /  +0.54 %
  • Total Assets 5.6B
  • Adj. Expense Ratio
    0.920%
  • Expense Ratio 0.890%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Global Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Status Open
  • TTM Yield 1.60%
  • Turnover 29%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FSAAX

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

  • People Pillar

    The People Pillar is our evaluation of the FSAAX 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 FSAAX’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 FSAAX

More FSAAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Fidelity Cash Central Fund

2.95 165M
Cash and Equivalents

Fidelity Enhanced Small Cap Core ETF

2.72 152M
—

NVIDIA Corp

2.49 140M
Technology

Fidelity Blue Chip Growth ETF

2.19 122M
—

Alphabet Inc Class A

2.10 118M
Communication Services

Apple Inc

2.10 118M
Technology

Taiwan Semiconductor Manufacturing Co Ltd

1.68 94M
Technology

Us 10y Nte Fut (Cbt)sep26 Tyu6

1.46 82M
Government

Microsoft Corp

1.34 75M
Technology

Amazon.com Inc

1.34 75M
Consumer Cyclical

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