- ISIN
- US3163458181
- CUSIP
- 316345818
- Issuer
- Fidelity
- Inception Date
- Jun 14, 2019
- Category
- Diversified Portfolio
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FBKFX Performance Chart
Fidelity Balanced K6 Fund (FBKFX) is up 8.8% since the beginning of the year. FBKFX is currently trading at $19 per share. Investors who bought $1,000 worth of FBKFX shares 5 years ago would now be looking at an investment worth $1,544.
Loading charts...
Compare this symbol against anything
Returns By Period
Fidelity Balanced K6 Fund (FBKFX) has returned 8.78% so far this year and 18.52% over the past 12 months.
Fidelity Balanced K6 Fund
- 1D
- 1.18%
- 1M
- -1.36%
- 6M
- 6.81%
- YTD
- 8.78%
- 1Y
- 18.52%
- 3Y*
- 15.23%
- 5Y*
- 9.08%
- 10Y*
- —
- ALL TIME*
- 12.73%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FBKFX Monthly Returns History
Based on dividend-adjusted daily data since Jun 14, 2019, FBKFX's average daily return is +0.05%, while the average monthly return is +1.07%. At this rate, an investment would double in approximately 5.4 years.
Historically, 67% of months were positive and 33% were negative. The best month was Apr 2020 with a return of +10.1%, while the worst month was Mar 2020 at -10.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FBKFX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +6.5%, while the worst single day was Mar 16, 2020 at -8.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.85% | 0.40% | -3.95% | 8.17% | 3.65% | 0.53% | -1.73% | 8.78% | |||||
| 2025 | 1.94% | -0.49% | -4.08% | -0.17% | 4.21% | 3.98% | 1.71% | 1.71% | 2.96% | 2.33% | 0.80% | 0.02% | 15.68% |
| 2024 | 1.27% | 3.35% | 2.36% | -3.18% | 3.70% | 2.45% | 1.07% | 1.99% | 1.70% | -1.29% | 4.28% | -2.31% | 16.19% |
| 2023 | 6.26% | -2.15% | 3.50% | 1.49% | 0.39% | 4.03% | 2.15% | -1.03% | -3.85% | -1.84% | 7.57% | 4.15% | 21.93% |
| 2022 | -4.63% | -1.83% | 1.58% | -7.63% | -0.23% | -6.44% | 6.97% | -3.62% | -7.66% | 4.62% | 4.92% | -4.15% | -17.87% |
| 2021 | -0.61% | 2.38% | 2.47% | 3.96% | 0.56% | 1.89% | 1.19% | 1.91% | -3.21% | 5.24% | -1.36% | 2.97% | 18.51% |
Benchmark Metrics
Fidelity Balanced K6 Fund has an annualized alpha of 2.40%, beta of 0.70, and R2 of 0.96 versus S&P 500 Index. Calculated based on daily prices since June 14, 2019.
- This fund participated in 77.10% of S&P 500 Index downside but only 76.59% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.40% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.70 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.40%
- Beta
- 0.70
- R²
- 0.96
- Upside Capture
- 76.59%
- Downside Capture
- 77.10%
Expense Ratio
FBKFX has an expense ratio of 0.32%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FBKFX ranks 78 for risk / return — above 78% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Balanced K6 Fund (FBKFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FBKFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.25 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 2.00 | +0.68 |
| Martin ratioReturn relative to average drawdown | 12.07 | 8.49 | +3.58 |
Dividends
Dividend History
Fidelity Balanced K6 Fund provided a 5.27% dividend yield over the last twelve months, with an annual payout of $0.99 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.99 | $1.08 | $0.46 | $0.25 | $0.42 | $0.62 | $0.29 | $0.06 |
Dividend yield | 5.27% | 6.23% | 2.86% | 1.79% | 3.54% | 4.14% | 2.22% | 0.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Balanced K6 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.07 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.60 | $0.00 | $0.32 | $1.08 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.21 | $0.46 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.07 | $0.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.30 | $0.00 | $0.05 | $0.42 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.47 | $0.00 | $0.08 | $0.62 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Balanced K6 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 K6 Fund was 26.58%, occurring on Mar 23, 2020. Recovery took 79 trading sessions.
The current Fidelity Balanced K6 Fund drawdown is 1.88%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-26.58%Mar 2020 | 1mo 2d | 3mo 24d | 4mo 26dFeb 2020 - Jul 2020 | COVID crash2020 |
-22.64%Oct 2022 | 9mo 20d | 1y 3mo | 2y 22dDec 2021 - Jan 2024 | Bear market2022 |
-12.88%Apr 2025 | 4mo | 2mo 17d | 6mo 17dDec 2024 - Jun 2025 | 2025 selloff2025 |
-6.61%Mar 2026 | 1mo 2d | 15d | 1mo 17dFeb 2026 - Apr 2026 | — |
-6.50%Sep 2020 | 20d | 1mo 17d | 2mo 7dSep 2020 - Nov 2020 | — |
Drawdown Indicators
| FBKFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.58% | -56.78% | +30.20% |
Max Drawdown (1Y)Largest decline over 1 year | -6.61% | -9.10% | +2.49% |
Max Drawdown (3Y)Largest decline over 3 years | -12.88% | -18.90% | +6.02% |
Max Drawdown (5Y)Largest decline over 5 years | -22.64% | -25.43% | +2.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.88% | -1.58% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -4.47% | -10.70% | +6.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 2.14% | -0.68% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FBKFX
Add Fidelity Balanced K6 Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FBKFX