Fidelity Asset Manager 50% Fund (FASMX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Asset Manager 50% Fund (FASMX) is up 9.2% since the beginning of the year. FASMX is currently trading at $24 per share. Investors who bought $1,000 worth of FASMX shares 5 years ago would now be looking at an investment worth $1,369.

Fidelity Asset Manager 50% Fund (FASMX) has returned 9.17% so far this year and 20.25% over the past 12 months. Over the last ten years, FASMX has returned 7.83% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Dec 28, 1988, FASMX's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2009 with a return of +8.1%, while the worst month was Oct 2008 at -13.0%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FASMX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +5.7%, while the worst single day was Mar 16, 2020 at -6.0%.

Fidelity Asset Manager 50% Fund has an annualized alpha of 2.99%, beta of 0.49, and R2 of 0.89 versus S&P 500 Index. Calculated based on daily prices since December 28, 1988.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (58.98%) than losses (55.88%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.99% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.49 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

FASMX has an expense ratio of 0.62%, placing it in the medium range.

FASMX ranks 77 for risk / return — better than 77% 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.

Fidelity Asset Manager 50% Fund provided a 6.92% dividend yield over the last twelve months, with an annual payout of $1.64 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Asset Manager 50% 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 50% 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 50% Fund was 37.75%, occurring on Nov 20, 2008. Recovery took 475 trading sessions.

The chart below shows the rolling one-month volatility.