Fidelity Balanced Fund

Frequently Asked Questions About FBALX

What does FBALX invest in?

The Fidelity Balanced Fund typically allocates approximately 60% of its holdings to equity instruments, such as common stocks, with the balance invested in various fixed-income securities. During periods when the fund's market outlook is deemed neutral, its debt portfolio may incorporate lower-rated obligations, also known as sub-investment-grade, high-yield, or "junk" bonds. A fundamental component of its strategy is to commit at least 25% of its total assets to senior fixed-income instruments.

What is the expense ratio of FBALX?

Fidelity Balanced Fund (FBALX) charges an expense ratio of 0.46%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FBALX?

Fidelity Balanced Fund (FBALX) manages $66.22B 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 FBALX actively managed or an index fund?

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

When was FBALX launched?

Fidelity Balanced Fund (FBALX) launched in November 1986 and is managed by Fidelity.

How has FBALX performed?

FBALX'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.