Fidelity Asset Manager 85% Fund

Frequently Asked Questions About FEYTX

What does FEYTX invest in?

This fund strategically diversifies its holdings primarily into two core asset classes: equities and fixed income. The equity component encompasses a wide array of stock securities and investment vehicles focused on them. Conversely, the fixed-income allocation covers various types and maturities of debt instruments, ranging from traditional bonds and short-term securities to money market instruments, and even includes lower-rated debt, often known as high-yield or "junk" bonds, alongside funds investing in these categories. The fund consistently aims for a target allocation of 85% in stocks and 15% in bonds and money market instruments.

What is the expense ratio of FEYTX?

Fidelity Asset Manager 85% Fund (FEYTX) charges an expense ratio of 1.17%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FEYTX?

Fidelity Asset Manager 85% Fund (FEYTX) manages $7.05B 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 FEYTX actively managed or an index fund?

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

When was FEYTX launched?

Fidelity Asset Manager 85% Fund (FEYTX) launched in September 2005 and is managed by Fidelity.

How has FEYTX performed?

FEYTX'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.