- What does FAMRX invest in?
- The fund allocates its assets between two main asset classes: the stock class (equity securities of all types, including funds that invest in such securities) and the bond and short-term/money market class (fixed-income securities of all types and maturities, including lower-quality debt securities which are sometimes referred to as high yield debt securities or junk bonds, and funds that invest in such securities). It maintains a neutral mix over time of 85% of assets in stocks and 15% of assets in bonds and short-term and money market instruments.
- What is the expense ratio of FAMRX?
- Fidelity Asset Manager 85% Fund (FAMRX) charges an expense ratio of 0.63%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FAMRX's dividend yield?
- FAMRX's trailing-twelve-month yield is 4.80%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FAMRX?
- Effective duration measures FAMRX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FAMRX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FAMRX?
- FAMRX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of FAMRX?
- Yield to maturity (YTM) is the total return you'd earn from FAMRX if every bond in the portfolio is held to maturity at the current price. FAMRX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
