Fidelity Asset Manager 20% Fund (FASIX)

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Fidelity Asset Manager 20% Fund (FASIX) is up 4.6% since the beginning of the year. FASIX is currently trading at $15 per share. Investors who bought $1,000 worth of FASIX shares 5 years ago would now be looking at an investment worth $1,196.

Fidelity Asset Manager 20% Fund (FASIX) has returned 4.62% so far this year and 11.09% over the past 12 months. Over the last ten years, FASIX has returned 4.50% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Dec 14, 1995, FASIX's average daily return is +0.02%, while the average monthly return is +0.43%. At this rate, an investment would double in approximately 13.5 years.

Historically, 70% of months were positive and 30% were negative. The best month was Nov 2023 with a return of +4.4%, while the worst month was Oct 2008 at -7.4%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FASIX closed higher 49% of trading days. The best single day was Oct 13, 2008 with a return of +2.2%, while the worst single day was Mar 12, 2020 at -2.7%.

Fidelity Asset Manager 20% Fund has an annualized alpha of 3.14%, beta of 0.20, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since December 14, 1995.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (29.91%) than losses (25.34%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 3.14% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.20 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

FASIX has an expense ratio of 0.51%, placing it in the medium range.

FASIX ranks 82 for risk / return — in the top 82% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

Fidelity Asset Manager 20% Fund provided a 3.02% dividend yield over the last twelve months, with an annual payout of $0.45 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Asset Manager 20% Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Fidelity Asset Manager 20% 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 20% Fund was 19.61%, occurring on Nov 20, 2008. Recovery took 224 trading sessions.

The chart below shows the rolling one-month volatility.