Fidelity Balanced Fund (FBALX)
Fund Info
US3163452069
316345206
Nov 6, 1986
Share Price Chart
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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.
Returns By Period
Fidelity Balanced Fund had a return of 17.26% year-to-date (YTD) and 22.73% in the last 12 months. Over the past 10 years, Fidelity Balanced Fund had an annualized return of 9.67%, while the S&P 500 had an annualized return of 11.16%, indicating that Fidelity Balanced Fund did not perform as well as the benchmark.
FBALX
17.26%
1.07%
9.11%
22.73%
11.54%
9.67%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of FBALX, 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% | 2.41% | -3.20% | 3.70% | 2.43% | 0.97% | 1.99% | 1.72% | -1.26% | 17.26% | ||
| 2023 | 6.28% | -2.13% | 3.40% | 1.46% | 0.36% | 4.04% | 2.05% | -1.02% | -3.82% | -2.89% | 7.52% | 4.11% | 20.32% |
| 2022 | -4.64% | -1.80% | 1.51% | -7.67% | -0.26% | -6.41% | 6.94% | -3.70% | -7.73% | 4.49% | 4.89% | -4.23% | -18.29% |
| 2021 | -0.64% | 2.46% | 2.64% | 3.75% | 0.65% | 1.85% | 1.08% | 1.83% | -3.10% | 5.01% | -1.39% | 3.03% | 18.27% |
| 2020 | 0.89% | -4.83% | -10.25% | 10.37% | 4.38% | 2.68% | 4.83% | 4.99% | -2.08% | -1.48% | 8.72% | 4.07% | 22.45% |
| 2019 | 6.59% | 2.32% | 1.47% | 3.30% | -4.38% | 4.98% | 0.95% | -0.72% | 0.85% | 1.96% | 2.71% | 2.42% | 24.40% |
| 2018 | 4.17% | -2.83% | -1.08% | 0.24% | 2.06% | 0.83% | 2.18% | 1.89% | -0.16% | -5.72% | 0.90% | -5.99% | -3.98% |
| 2017 | 2.00% | 3.07% | 0.35% | 1.21% | 1.54% | 0.17% | 1.70% | 0.58% | 1.24% | 1.37% | 1.56% | 0.65% | 16.52% |
| 2016 | -4.24% | -0.39% | 4.94% | 1.21% | 1.03% | 0.05% | 3.04% | 0.50% | 0.18% | -1.70% | 1.20% | 1.29% | 7.02% |
| 2015 | -1.14% | 3.91% | -0.47% | 0.29% | 1.12% | -1.28% | 0.99% | -4.41% | -2.60% | 6.32% | 0.51% | -1.77% | 1.04% |
| 2014 | -1.49% | 3.79% | -0.21% | -0.06% | 2.04% | 2.08% | -1.44% | 3.30% | -1.07% | 2.75% | 1.56% | 0.13% | 11.79% |
| 2013 | 2.92% | 0.67% | 2.20% | 1.21% | 1.30% | -1.56% | 3.96% | -1.84% | 2.98% | 3.89% | 2.02% | 2.30% | 21.78% |
Expense Ratio
FBALX features an expense ratio of 0.51%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FBALX is 87, placing it in the top 13% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
Fidelity Balanced Fund provided a 1.76% dividend yield over the last twelve months, with an annual payout of $0.53 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 | $0.53 | $0.46 | $0.34 | $0.27 | $0.36 | $0.42 | $0.38 | $0.37 | $0.35 | $1.69 | $2.40 | $1.66 |
Dividend yield | 1.76% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 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.
| 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 | $0.14 | $0.00 | $0.40 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.13 | $0.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.11 | $0.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.07 | $0.27 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.07 | $0.36 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.10 | $0.42 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.10 | $0.38 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.09 | $0.37 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.09 | $0.35 |
| 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 | $1.69 |
| 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 | $2.40 |
| 2013 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $1.07 | $0.00 | $0.44 | $1.66 |
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. 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 0.75%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -42.81% | Oct 15, 2007 | 351 | Mar 9, 2009 | 467 | Jan 12, 2011 | 818 |
| -26.69% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
| -22.89% | Dec 28, 2021 | 202 | Oct 14, 2022 | 325 | Feb 1, 2024 | 527 |
| -21.67% | Mar 20, 2002 | 144 | Oct 9, 2002 | 162 | Jun 2, 2003 | 306 |
| -18.11% | Jul 20, 1998 | 35 | Sep 4, 1998 | 45 | Nov 6, 1998 | 80 |
Volatility
Volatility Chart
The current Fidelity Balanced Fund volatility is 2.68%, 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.