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Fidelity Balanced Fund (FBALX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS3163452069
CUSIP316345206
IssuerFidelity
Inception DateNov 6, 1986
CategoryDiversified Portfolio
Home Pagefundresearch.fidelity.com
Asset ClassMulti-Asset

Expense Ratio

The Fidelity Balanced Fund has a high expense ratio of 0.51%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.51%

Share Price Chart


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Compare to other instruments

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


Fidelity Balanced Fund

Popular comparisons: FBALX vs. FPURX, FBALX vs. VBIAX, FBALX vs. VWELX, FBALX vs. FXAIX, FBALX vs. FAGIX, FBALX vs. ABALX, FBALX vs. JEPI, FBALX vs. SCHD, FBALX vs. SNXFX, FBALX vs. AAPL

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Balanced Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
14.13%
16.40%
FBALX (Fidelity Balanced Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Fidelity Balanced Fund had a return of 3.55% year-to-date (YTD) and 15.01% in the last 12 months. Over the past 10 years, Fidelity Balanced Fund had an annualized return of 9.38%, while the S&P 500 had an annualized return of 10.43%, indicating that Fidelity Balanced Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date3.55%5.29%
1 month-1.63%-2.47%
6 months14.14%16.40%
1 year15.01%20.88%
5 years (annualized)10.21%11.60%
10 years (annualized)9.38%10.43%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20241.30%3.26%2.41%
2023-3.82%-2.89%7.52%4.11%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of FBALX is 80, placing it in the top 20% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of FBALX is 8080
Fidelity Balanced Fund(FBALX)
The Sharpe Ratio Rank of FBALX is 8383Sharpe Ratio Rank
The Sortino Ratio Rank of FBALX is 8383Sortino Ratio Rank
The Omega Ratio Rank of FBALX is 8181Omega Ratio Rank
The Calmar Ratio Rank of FBALX is 7878Calmar Ratio Rank
The Martin Ratio Rank of FBALX is 7878Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Balanced Fund (FBALX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FBALX
Sharpe ratio
The chart of Sharpe ratio for FBALX, currently valued at 1.77, compared to the broader market-1.000.001.002.003.004.001.77
Sortino ratio
The chart of Sortino ratio for FBALX, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.0010.0012.002.61
Omega ratio
The chart of Omega ratio for FBALX, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for FBALX, currently valued at 1.14, compared to the broader market0.002.004.006.008.0010.0012.001.14
Martin ratio
The chart of Martin ratio for FBALX, currently valued at 6.30, compared to the broader market0.0010.0020.0030.0040.0050.0060.006.30
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.79, compared to the broader market-1.000.001.002.003.004.001.79
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.61, compared to the broader market-2.000.002.004.006.008.0010.0012.002.61
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.31, compared to the broader market1.001.502.002.503.001.31
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.36, compared to the broader market0.002.004.006.008.0010.0012.001.36
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.21, compared to the broader market0.0010.0020.0030.0040.0050.0060.007.21

Sharpe Ratio

The current Fidelity Balanced Fund Sharpe ratio is 1.77. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.77
1.79
FBALX (Fidelity Balanced Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Balanced Fund granted a 2.32% dividend yield in the last twelve months. The annual payout for that period amounted to $0.65 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.65$0.62$1.85$2.94$1.67$1.04$2.27$1.87$0.68$1.69$2.40$1.66

Dividend yield

2.32%2.28%8.06%9.66%5.90%4.24%10.99%7.90%3.07%7.96%10.55%7.31%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.09$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.29
2022$0.00$0.00$0.00$0.06$0.00$0.00$0.08$0.00$0.00$1.61$0.00$0.11
2021$0.00$0.00$0.00$0.07$0.00$0.00$0.05$0.00$0.00$2.46$0.00$0.36
2020$0.00$0.00$0.00$0.11$0.00$0.00$0.08$0.00$0.00$1.08$0.00$0.39
2019$0.00$0.00$0.00$0.09$0.00$0.00$0.11$0.00$0.00$0.23$0.00$0.62
2018$0.00$0.00$0.00$0.08$0.00$0.00$0.10$0.00$0.00$1.75$0.00$0.34
2017$0.00$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$1.25$0.00$0.44
2016$0.00$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.29$0.00$0.21
2015$0.00$0.00$0.00$0.10$0.00$0.00$0.08$0.00$0.00$1.43$0.00$0.09
2014$0.00$0.00$0.00$0.11$0.00$0.00$0.09$0.00$0.00$1.61$0.00$0.61
2013$0.08$0.00$0.00$0.08$0.00$0.00$1.07$0.00$0.44

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-3.37%
-4.42%
FBALX (Fidelity Balanced Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Balanced 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 Balanced Fund was 42.81%, occurring on Mar 9, 2009. Recovery took 467 trading sessions.

The current Fidelity Balanced Fund drawdown is 3.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.81%Oct 15, 2007351Mar 9, 2009467Jan 12, 2011818
-26.68%Feb 20, 202023Mar 23, 202079Jul 15, 2020102
-22.89%Dec 28, 2021202Oct 14, 2022325Feb 1, 2024527
-21.67%Mar 20, 2002144Oct 9, 2002162Jun 2, 2003306
-18.11%Jul 20, 199835Sep 4, 199845Nov 6, 199880

Volatility

Volatility Chart

The current Fidelity Balanced Fund volatility is 2.32%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%NovemberDecember2024FebruaryMarchApril
2.32%
3.35%
FBALX (Fidelity Balanced Fund)
Benchmark (^GSPC)