Fidelity Balanced K6 Fund (FBKFX)
The fund invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), when its outlook is neutral. It may invest at least 25% of total assets in fixed-income senior securities.
Fund Info
| ISIN | US3163458181 |
|---|---|
| CUSIP | 316345818 |
| Issuer | Fidelity |
| Inception Date | Jun 14, 2019 |
| Category | Diversified Portfolio |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
FBKFX features an expense ratio of 0.32%, 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 K6 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 K6 Fund had a return of 15.10% year-to-date (YTD) and 24.00% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 15.10% | 19.79% |
| 1 month | 1.64% | 2.08% |
| 6 months | 7.79% | 9.01% |
| 1 year | 24.00% | 29.79% |
| 5 years (annualized) | 12.23% | 13.85% |
| 10 years (annualized) | N/A | 11.12% |
Monthly Returns
The table below presents the monthly returns of FBKFX, 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 | 1.27% | 3.35% | 2.36% | -3.18% | 3.70% | 2.45% | 1.07% | 1.99% | 15.10% | ||||
| 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% | 18.50% |
| 2020 | 0.91% | -4.86% | -10.13% | 10.12% | 4.43% | 2.67% | 4.96% | 5.06% | -2.12% | -1.77% | 8.89% | 4.07% | 22.38% |
| 2019 | 2.00% | 1.13% | -0.78% | 0.88% | 1.75% | 2.76% | 2.42% | 10.57% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of FBKFX is 84, placing it in the top 16% 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 K6 Fund (FBKFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Balanced K6 Fund granted a 1.76% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.25 | $0.42 | $0.62 | $0.29 | $0.06 |
Dividend yield | 1.76% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.16 | |||
| 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 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.13 | $0.29 |
| 2019 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.06 |
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 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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.58% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
| -22.64% | Dec 28, 2021 | 202 | Oct 14, 2022 | 316 | Jan 19, 2024 | 518 |
| -6.5% | Sep 3, 2020 | 14 | Sep 23, 2020 | 33 | Nov 9, 2020 | 47 |
| -5.3% | Jul 17, 2024 | 16 | Aug 7, 2024 | 8 | Aug 19, 2024 | 24 |
| -4.24% | Apr 1, 2024 | 15 | Apr 19, 2024 | 18 | May 15, 2024 | 33 |
Volatility
Volatility Chart
The current Fidelity Balanced K6 Fund volatility is 2.93%, 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.