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Morningstar

Fidelity Advisor Asset Manager® 60% A FSAAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 13.63  /  0.15 %
  • Total Assets 3.9 Bil
  • Adj. Expense Ratio
    0.990%
  • Expense Ratio 0.990%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 1.75%
  • Turnover 23%

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

Morningstar’s Analysis FSAAX

Will FSAAX 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 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-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 FSAAX

More FSAAX Holdings
  • Current Portfolio Date
  • Equity Holdings 1246
  • Bond Holdings 6456
  • Other Holdings 135
  • % Assets in Top 10 Holdings 16.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MSCI EAFE Index Future Sept 23

2.67
103,895,100
—

Microsoft Corp

2.62
102,031,530
Technology

Apple Inc

2.23
86,822,756
Technology

United States Treasury Notes 1.25%

1.49
58,034,446
Government

iShares 20+ Year Treasury Bond ETF

1.47
57,370,727
—

Alphabet Inc Class A

1.35
52,477,407
Communication Services

iShares MSCI USA Min Vol Factor ETF

1.27
49,383,737
—

United States Treasury Notes 4.125%

1.24
48,146,938
Government

Amazon.com Inc

1.19
46,435,997
Consumer Cyclical

Fidelity Revere Str Tr

1.16
45,041,991
Cash and Equivalents