Fidelity Balanced Fund

Frequently Asked Questions About FBAKX

What does FBAKX invest in?

This fund generally allocates around 60% of its investments to stocks and other equity-related assets, with the remaining portion directed towards bonds and various debt instruments. When the market outlook is neutral, it may incorporate lower-rated debt, specifically those considered sub-investment grade, commonly referred to as high-yield or "junk" bonds. Additionally, at least 25% of the total assets are invested in senior fixed-income securities.

What is the expense ratio of FBAKX?

Fidelity Balanced Fund (FBAKX) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FBAKX?

Fidelity Balanced Fund (FBAKX) manages $66.92B 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 FBAKX actively managed or an index fund?

FBAKX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FBAKX launched?

Fidelity Balanced Fund (FBAKX) launched in May 2008 and is managed by Fidelity.

How has FBAKX performed?

FBAKX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.