- 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
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Performance
FBKFX Performance Chart
Fidelity Balanced K6 Fund (FBKFX) is up 10.6% 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 $1,624.
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Returns By Period
Fidelity Balanced K6 Fund (FBKFX) has returned 10.64% so far this year and 25.80% over the past 12 months.
Fidelity Balanced K6 Fund
- 1D
- 0.26%
- 1M
- 4.20%
- YTD
- 10.64%
- 6M
- 10.85%
- 1Y
- 25.80%
- 3Y*
- 17.62%
- 5Y*
- 10.18%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
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 +1.10%. At this rate, an investment would double in approximately 5.3 years.
Historically, 68% of months were positive and 32% 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% | 0.47% | 10.64% | ||||||
| 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 2.47%, beta of 0.70, and R2 of 0.96 versus S&P 500 Index. Calculated based on daily prices since June 17, 2019.
- This fund participated in 77.44% of S&P 500 Index downside but only 76.67% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.47% 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
- 2.47%
- Beta
- 0.70
- R²
- 0.96
- Upside Capture
- 76.67%
- Downside Capture
- 77.44%
Expense Ratio
FBKFX has an expense ratio of 0.32%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FBKFX ranks 88 for risk / return — in the top 88% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Balanced K6 Fund (FBKFX) and compare them to S&P 500 Index.
| FBKFX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.02 | 2.24 | +0.78 |
Sortino ratioReturn per unit of downside risk | 4.25 | 3.07 | +1.17 |
Omega ratioGain probability vs. loss probability | 1.58 | 1.41 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 4.00 | 2.93 | +1.07 |
Martin ratioReturn relative to average drawdown | 19.31 | 13.52 | +5.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Balanced K6 Fund provided a 5.63% dividend yield over the last twelve months, with an annual payout of $1.08 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.08 | $1.08 | $0.46 | $0.25 | $0.42 | $0.62 | $0.29 | $0.06 |
Dividend yield | 5.63% | 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 | $0.07 | ||||||
| 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.
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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.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -26.58%Mar 2020 | 1mo 2d | 3mo 24d | 4mo 26dFeb 2020 - Jul 2020 |
Bear market2022 | -22.64%Oct 2022 | 9mo 20d | 1y 3mo | 2y 22dDec 2021 - Jan 2024 |
2025 selloff2025 | -12.88%Apr 2025 | 4mo | 2mo 17d | 6mo 17dDec 2024 - Jun 2025 |
2026 pullback2026 | -6.61%Mar 2026 | 1mo 2d | 15d | 1mo 17dFeb 2026 - Apr 2026 |
2020 pullback2020 | -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 | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -4.55% | -10.72% | +6.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 1.97% | -0.61% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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