- ISIN
- US3160693012
- CUSIP
- 316069301
- Issuer
- BlackRock
- Inception Date
- Dec 30, 1991
- Category
- Diversified Portfolio
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FASGX Performance Chart
Fidelity Asset Manager 70% Fund (FASGX) is up 12.0% since the beginning of the year. FASGX is currently trading at $34 per share. Investors who bought $1,000 worth of FASGX shares 5 years ago would now be looking at an investment worth $1,507.
Loading charts...
Returns By Period
Fidelity Asset Manager 70% Fund (FASGX) has returned 12.03% so far this year and 26.17% over the past 12 months. Over the last ten years, FASGX has returned 10.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Asset Manager 70% Fund
- 1D
- 1.23%
- 1M
- 2.18%
- YTD
- 12.03%
- 6M
- 12.13%
- 1Y
- 26.17%
- 3Y*
- 15.73%
- 5Y*
- 8.55%
- 10Y*
- 10.10%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FASGX Monthly Returns History
Based on dividend-adjusted daily data since Dec 30, 1991, FASGX's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2009 with a return of +10.2%, while the worst month was Oct 2008 at -16.3%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FASGX closed higher 53% 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 -8.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.02% | 1.71% | -5.23% | 8.20% | 3.34% | 0.90% | 12.03% | ||||||
| 2025 | 2.60% | -0.29% | -2.97% | 0.44% | 4.26% | 4.19% | 0.71% | 2.22% | 2.99% | 1.95% | 0.06% | 0.93% | 18.23% |
| 2024 | 0.16% | 2.98% | 2.37% | -3.09% | 3.03% | 1.44% | 1.67% | 1.89% | 1.89% | -2.34% | 3.45% | -2.84% | 10.81% |
| 2023 | 6.57% | -3.00% | 2.66% | 1.21% | -1.24% | 3.69% | 2.50% | -2.32% | -3.79% | -2.52% | 7.66% | 4.72% | 16.45% |
| 2022 | -4.29% | -2.31% | 0.89% | -6.53% | -0.59% | -6.64% | 6.22% | -3.11% | -7.85% | 3.88% | 6.57% | -3.19% | -16.83% |
| 2021 | -0.46% | 1.89% | 1.51% | 3.99% | 0.90% | 1.28% | 0.95% | 1.95% | -3.04% | 3.90% | -2.23% | 2.77% | 13.98% |
Benchmark Metrics
Fidelity Asset Manager 70% Fund has an annualized alpha of 1.79%, beta of 0.70, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since December 30, 1991.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (77.31%) than losses (77.17%) - typical of diversified or defensive assets.
- Alpha
- 1.79%
- Beta
- 0.70
- R²
- 0.93
- Upside Capture
- 77.31%
- Downside Capture
- 77.17%
Expense Ratio
FASGX has an expense ratio of 0.67%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FASGX 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 Asset Manager 70% Fund (FASGX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FASGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 2.78 | +0.48 |
| Martin ratioReturn relative to average drawdown | 14.11 | 12.44 | +1.67 |
Dividends
Dividend History
Fidelity Asset Manager 70% Fund provided a 6.55% dividend yield over the last twelve months, with an annual payout of $2.21 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 | $2.21 | $2.21 | $1.26 | $0.44 | $1.51 | $0.79 | $0.57 | $1.18 | $1.23 | $0.62 | $0.04 | $1.04 |
Dividend yield | 6.55% | 7.33% | 4.60% | 1.72% | 6.69% | 2.73% | 2.20% | 5.19% | 6.31% | 2.75% | 0.20% | 5.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Asset Manager 70% Fund. 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 | $2.21 | $2.21 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.26 | $1.26 |
| 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 | $1.51 | $1.51 |
| 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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Asset Manager 70% Fund. 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 Asset Manager 70% Fund was 47.35%, occurring on Mar 9, 2009. Recovery took 469 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -47.35%Mar 2009 | 1y 4mo | 1y 10mo | 3y 3moOct 2007 - Jan 2011 |
Dot-com crash2000–2002 | -36.93%Oct 2002 | 2y 1mo | 3y 5mo | 5y 6moSep 2000 - Mar 2006 |
COVID crash2020 | -27.20%Mar 2020 | 1mo 2d | 4mo 13d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -23.54%Oct 2022 | 11mo 8d | 1y 4mo | 2y 3moNov 2021 - Mar 2024 |
2011 correction2011 | -17.64%Oct 2011 | 5mo 4d | 11mo 9d | 1y 4moMay 2011 - Sep 2012 |
Drawdown Indicators
| FASGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.35% | -56.78% | +9.43% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | -9.10% | +1.15% |
Max Drawdown (3Y)Largest decline over 3 years | -12.80% | -18.90% | +6.10% |
Max Drawdown (5Y)Largest decline over 5 years | -23.54% | -25.43% | +1.89% |
Max Drawdown (10Y)Largest decline over 10 years | -27.20% | -33.92% | +6.72% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -6.71% | -10.71% | +4.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.84% | 2.03% | -0.19% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FASGX
Add Fidelity Asset Manager 70% Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FASGX