- ISIN
- US3160694754
- Issuer
- BlackRock
- Inception Date
- Sep 23, 2008
- Category
- Diversified Portfolio
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FAAIX Performance Chart
Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) is up 11.9% since the beginning of the year. FAAIX is currently trading at $34 per share. Investors who bought $1,000 worth of FAAIX shares 5 years ago would now be looking at an investment worth $1,499.
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Returns By Period
Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) has returned 11.90% so far this year and 26.48% over the past 12 months. Over the last ten years, FAAIX has returned 9.98% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Fidelity Advisor Asset Manager 70% Fund Class I
- 1D
- 0.48%
- 1M
- 4.37%
- YTD
- 11.90%
- 6M
- 12.88%
- 1Y
- 26.48%
- 3Y*
- 16.41%
- 5Y*
- 8.43%
- 10Y*
- 9.98%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
FAAIX Monthly Returns History
Based on dividend-adjusted daily data since Oct 1, 2008, FAAIX's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2009 with a return of +10.2%, while the worst month was Oct 2008 at -15.9%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FAAIX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +8.1%, while the worst single day was Mar 16, 2020 at -8.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.03% | 1.71% | -5.23% | 8.20% | 3.34% | 0.78% | 11.90% | ||||||
| 2025 | 2.60% | -0.29% | -3.01% | 0.48% | 4.22% | 4.19% | 0.71% | 2.22% | 2.99% | 1.91% | 0.09% | 0.90% | 18.16% |
| 2024 | 0.16% | 2.98% | 2.37% | -3.12% | 3.07% | 1.43% | 1.63% | 1.93% | 1.86% | -2.34% | 3.45% | -2.84% | 10.76% |
| 2023 | 6.57% | -3.00% | 2.62% | 1.26% | -1.24% | 3.64% | 2.50% | -2.32% | -3.79% | -2.51% | 7.65% | 4.74% | 16.41% |
| 2022 | -4.29% | -2.31% | 0.85% | -6.53% | -0.55% | -6.63% | 6.17% | -3.07% | -7.89% | 3.88% | 6.57% | -3.17% | -16.83% |
| 2021 | -0.46% | 1.89% | 1.48% | 4.03% | 0.90% | 1.28% | 0.91% | 1.95% | -3.00% | 3.87% | -2.20% | 2.74% | 13.93% |
Benchmark Metrics
Fidelity Advisor Asset Manager 70% Fund Class I has an annualized alpha of 1.01%, beta of 0.70, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since October 02, 2008.
- This fund participated in 79.63% of S&P 500 Index downside but only 74.57% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.70 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.01%
- Beta
- 0.70
- R²
- 0.94
- Upside Capture
- 74.57%
- Downside Capture
- 79.63%
Expense Ratio
FAAIX has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FAAIX ranks 76 for risk / return — better than 76% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) and compare them to S&P 500 Index.
| FAAIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.55 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.41 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.36 | 2.93 | +0.43 |
| Martin ratioReturn relative to average drawdown | 14.83 | 13.52 | +1.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Advisor Asset Manager 70% Fund Class I provided a 6.50% dividend yield over the last twelve months, with an annual payout of $2.19 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.19 | $2.19 | $1.28 | $0.44 | $1.50 | $0.79 | $0.55 | $1.17 | $1.22 | $0.62 | $0.04 | $1.03 |
Dividend yield | 6.50% | 7.27% | 4.67% | 1.70% | 6.66% | 2.74% | 2.11% | 5.14% | 6.26% | 2.74% | 0.20% | 5.54% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Asset Manager 70% Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.19 | $2.19 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.28 | $1.28 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.44 | $0.44 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.50 | $1.50 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.79 | $0.79 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Asset Manager 70% Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Asset Manager 70% Fund Class I was 31.14%, occurring on Mar 9, 2009. Recovery took 102 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -31.14%Mar 2009 | 5mo 8d | 4mo 27d | 10mo 5dOct 2008 - Aug 2009 |
COVID crash2020 | -27.21%Mar 2020 | 1mo 2d | 4mo 13d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -23.58%Oct 2022 | 11mo 9d | 1y 4mo | 2y 3moNov 2021 - Mar 2024 |
2011 correction2011 | -17.68%Oct 2011 | 5mo 4d | 11mo 9d | 1y 4moMay 2011 - Sep 2012 |
Rate-hike selloffLate 2018 | -15.49%Dec 2018 | 10mo 29d | 6mo 9d | 1y 5moJan 2018 - Jul 2019 |
Drawdown Indicators
| FAAIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.14% | -56.78% | +25.64% |
Max Drawdown (1Y)Largest decline over 1 year | -7.98% | -9.10% | +1.12% |
Max Drawdown (3Y)Largest decline over 3 years | -12.77% | -18.90% | +6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -23.58% | -25.43% | +1.85% |
Max Drawdown (10Y)Largest decline over 10 years | -27.21% | -33.92% | +6.71% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -4.44% | -10.72% | +6.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.97% | -0.16% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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