Fidelity Balanced Fund Class K (FBAKX)
Fund Info
US3163456029
316345602
Nov 6, 1986
Expense Ratio
FBAKX features an expense ratio of 0.45%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Balanced Fund Class K, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Balanced Fund Class K had a return of 15.27% year-to-date (YTD) and 15.78% in the last 12 months. Over the past 10 years, Fidelity Balanced Fund Class K had an annualized return of 9.80%, while the S&P 500 had an annualized return of 11.06%, indicating that Fidelity Balanced Fund Class K did not perform as well as the benchmark.
FBAKX
15.27%
-1.42%
4.38%
15.78%
10.54%
9.80%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of FBAKX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.30% | 3.26% | 2.45% | -3.22% | 3.70% | 2.43% | 0.99% | 1.99% | 1.72% | -1.24% | 4.28% | 15.27% | |
| 2023 | 6.28% | -2.13% | 3.40% | 1.47% | 0.36% | 4.04% | 2.11% | -1.06% | -3.78% | -2.91% | 7.52% | 4.13% | 20.40% |
| 2022 | -4.64% | -1.80% | 1.55% | -7.69% | -0.23% | -6.44% | 6.96% | -3.70% | -7.69% | 4.47% | 4.89% | -4.21% | -18.22% |
| 2021 | -0.60% | 2.49% | 2.60% | 3.77% | 0.65% | 1.85% | 1.10% | 1.86% | -3.10% | 5.00% | -1.36% | 3.02% | 18.40% |
| 2020 | 0.89% | -4.84% | -10.25% | 10.39% | 4.38% | 2.72% | 4.80% | 4.99% | -2.08% | -1.46% | 8.76% | 4.02% | 22.51% |
| 2019 | 6.59% | 2.32% | 1.51% | 3.28% | -4.38% | 4.98% | 0.97% | -0.72% | 0.85% | 1.98% | 2.71% | 4.65% | 27.18% |
| 2018 | 4.17% | -2.79% | -1.08% | 0.22% | 2.06% | 0.83% | 2.20% | 1.93% | -0.16% | -5.73% | 0.95% | -6.01% | -3.89% |
| 2017 | 2.00% | 3.07% | 0.39% | 1.19% | 1.54% | 0.17% | 1.72% | 0.58% | 1.24% | 1.38% | 1.56% | 0.67% | 16.62% |
| 2016 | -4.24% | -0.39% | 4.94% | 1.23% | 1.03% | 0.05% | 3.07% | 0.50% | 0.22% | -1.72% | 1.20% | 1.31% | 7.12% |
| 2015 | -0.77% | 3.91% | -0.47% | 0.27% | 1.16% | -1.28% | 1.01% | -4.41% | -2.60% | 6.38% | 0.51% | -1.75% | 1.54% |
| 2014 | -1.45% | 3.79% | -0.22% | -0.04% | 2.04% | 2.08% | -1.41% | 3.30% | -1.02% | 2.77% | 1.56% | 0.18% | 12.00% |
| 2013 | 2.97% | 0.67% | 2.20% | 1.24% | 1.30% | -1.56% | 3.99% | -1.84% | 2.98% | 3.96% | 2.02% | 2.30% | 21.99% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, FBAKX is among the top 11% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Balanced Fund Class K (FBAKX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Balanced Fund Class K provided a 1.39% dividend yield over the last twelve months, with an annual payout of $0.41 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.48 | $0.36 | $0.29 | $0.38 | $0.44 | $0.40 | $0.39 | $0.38 | $1.80 | $2.44 | $1.70 |
Dividend yield | 1.39% | 1.77% | 1.56% | 0.96% | 1.36% | 1.77% | 1.96% | 1.66% | 1.70% | 8.48% | 10.70% | 7.47% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Balanced Fund Class K. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.41 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.14 | $0.48 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.11 | $0.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.08 | $0.29 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.08 | $0.38 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.11 | $0.44 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.11 | $0.40 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.10 | $0.39 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.10 | $0.38 |
| 2015 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $1.44 | $0.00 | $0.09 | $1.80 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $1.62 | $0.00 | $0.62 | $2.44 |
| 2013 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $1.08 | $0.00 | $0.45 | $1.70 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Balanced Fund Class K. 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 Balanced Fund Class K was 40.94%, occurring on Mar 9, 2009. Recovery took 420 trading sessions.
The current Fidelity Balanced Fund Class K drawdown is 4.06%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.94% | May 20, 2008 | 201 | Mar 9, 2009 | 420 | Nov 4, 2010 | 621 |
| -26.68% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
| -22.84% | Dec 28, 2021 | 202 | Oct 14, 2022 | 322 | Jan 29, 2024 | 524 |
| -14.58% | Aug 30, 2018 | 80 | Dec 24, 2018 | 70 | Apr 5, 2019 | 150 |
| -11.93% | May 2, 2011 | 108 | Oct 3, 2011 | 85 | Feb 3, 2012 | 193 |
Volatility
Volatility Chart
The current Fidelity Balanced Fund Class K volatility is 2.90%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.