# Fidelity Asset Manager 50% (FASMX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fasmx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Fidelity · Asset class: Multi-Asset - Strategy: Thematic · Inception: 1988-12-28 The fund allocates its assets among three main asset classes: the stock class (equity securities of all types, including funds that invest in such securities), the bond class (fixed-income securities of all types maturing in more than one year, 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), and the short-term/money market class (fixed-income securities of all types maturing in one year or less). ## Key Facts | Metric | Value | |---|---| | Price | $23.04 | | Expense Ratio | 0.53% | | Assets Under Management | $10.63B | | NAV | $23.04 | | Holdings Count | — | | Distribution Yield (TTM) | 7.82% | | Annual Distribution (TTM) | $1.80 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $21.38 – $23.90 | | Beta | 0.90 | ## Latest Distribution - Amount: $0.1750 /share - Ex-date: 2026-10-02 - Pay date: 2026-10-05 ## Frequently Asked Questions ### What does FASMX invest in? The fund allocates its assets among three main asset classes: the stock class (equity securities of all types, including funds that invest in such securities), the bond class (fixed-income securities of all types maturing in more than one year, 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), and the short-term/money market class (fixed-income securities of all types maturing in one year or less). ### What is the expense ratio of FASMX? Fidelity Asset Manager 50% (FASMX) charges an expense ratio of 0.53%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FASMX's dividend yield? FASMX's trailing-twelve-month yield is 7.82%, calculated from the sum of dividends over the past year divided by the current price. ### How big is FASMX? Fidelity Asset Manager 50% (FASMX) manages $10.63B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FASMX actively managed or an index fund? FASMX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FASMX launched? Fidelity Asset Manager 50% (FASMX) launched in December 1988 and is managed by Fidelity. ### Does FASMX pay a dividend? Yes, Fidelity Asset Manager 50% (FASMX) distributes dividends to shareholders. The trailing-twelve-month yield is 7.82%. Full dividend history is on this page. ### How often does FASMX pay dividends? Fidelity Asset Manager 50% pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FASMX's next ex-dividend date? The most recently announced ex-dividend date for FASMX was 2026-10-02. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FASMX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.53% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FASMX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FASMX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FASMX cost more than a fund like VOO? FASMX's strategy (current expense ratio 0.53%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FASMX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FASMX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FASMX (0.53%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fasmx - Distribution history: https://www.dividenddata.com/funds/fasmx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fasmx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fasmx/expenses - Peer comparison: https://www.dividenddata.com/funds/fasmx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.