- What does FSANX invest in?
- This fund strategically diversifies its investments across three core asset categories. It targets the equity market by holding various types of stock securities, including other funds focused on equities. For its fixed-income component, the fund acquires debt instruments with maturities exceeding one year; this segment may also include higher-risk, lower-rated bonds, commonly known as high-yield or "junk" bonds, as well as bond-focused funds. Finally, a portion is dedicated to the short-term/money market segment, comprising fixed-income securities maturing within a year, along with funds specializing in such short-duration debt.
- What is the expense ratio of FSANX?
- Fidelity Asset Manager 60% (FSANX) charges an expense ratio of 0.63%. This is the annual fee deducted from fund assets to cover management and operations.
- What is FSANX's dividend yield?
- FSANX's trailing-twelve-month yield is 5.25%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of FSANX?
- Effective duration measures FSANX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. FSANX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of FSANX?
- FSANX'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 FSANX?
- Yield to maturity (YTM) is the total return you'd earn from FSANX if every bond in the portfolio is held to maturity at the current price. FSANX'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.
