- ISIN
- US3160696577
- CUSIP
- 316069657
- Issuer
- BlackRock
- Inception Date
- Oct 9, 2007
- 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
FFANX Performance Chart
Fidelity Asset Manager 40% Fund (FFANX) is up 5.7% since the beginning of the year. FFANX is currently trading at $15 per share. Investors who bought $1,000 worth of FFANX shares 5 years ago would now be looking at an investment worth $1,275.
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Returns By Period
Fidelity Asset Manager 40% Fund (FFANX) has returned 5.74% so far this year and 14.82% over the past 12 months. Over the last ten years, FFANX has returned 6.70% per year, falling short of the S&P 500 Index benchmark, which averaged 13.24% annually.
Fidelity Asset Manager 40% Fund
- 1D
- 0.07%
- 1M
- -0.54%
- YTD
- 5.74%
- 6M
- 5.89%
- 1Y
- 14.82%
- 3Y*
- 10.75%
- 5Y*
- 4.98%
- 10Y*
- 6.70%
Benchmark (S&P 500 Index)
- 1D
- -1.62%
- 1M
- -1.97%
- YTD
- 6.16%
- 6M
- 5.52%
- 1Y
- 20.34%
- 3Y*
- 19.12%
- 5Y*
- 11.34%
- 10Y*
- 13.24%
FFANX Monthly Returns History
Based on dividend-adjusted daily data since Oct 11, 2007, FFANX's average daily return is +0.02%, while the average monthly return is +0.47%. At this rate, an investment would double in approximately 12.3 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2009 with a return of +6.5%, while the worst month was Oct 2008 at -10.9%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FFANX closed higher 50% of trading days. The best single day was Oct 13, 2008 with a return of +4.3%, while the worst single day was Mar 16, 2020 at -4.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.99% | 1.60% | -3.64% | 4.96% | 2.04% | -1.13% | 5.74% | ||||||
| 2025 | 1.78% | 0.46% | -1.81% | 0.41% | 2.31% | 3.01% | 0.40% | 1.69% | 2.16% | 1.35% | 0.28% | 0.50% | 13.16% |
| 2024 | 0.16% | 1.37% | 1.67% | -2.53% | 2.34% | 1.18% | 1.74% | 1.69% | 1.52% | -2.07% | 2.45% | -2.17% | 7.40% |
| 2023 | 4.82% | -2.51% | 2.23% | 0.99% | -1.09% | 2.03% | 1.51% | -1.56% | -3.00% | -1.92% | 5.91% | 4.03% | 11.52% |
| 2022 | -3.08% | -1.63% | -0.30% | -4.84% | -0.32% | -4.38% | 4.36% | -2.48% | -5.83% | 1.77% | 4.84% | -2.03% | -13.62% |
| 2021 | -0.38% | 0.76% | 0.38% | 2.60% | 0.59% | 1.17% | 0.87% | 1.15% | -1.98% | 2.34% | -1.21% | 1.57% | 8.03% |
Benchmark Metrics
Fidelity Asset Manager 40% Fund has an annualized alpha of 1.69%, beta of 0.39, and R2 of 0.88 versus S&P 500 Index. Calculated based on daily prices since October 11, 2007.
- This fund participated in 51.71% of S&P 500 Index downside but only 46.66% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.39 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
- 1.69%
- Beta
- 0.39
- R²
- 0.88
- Upside Capture
- 46.66%
- Downside Capture
- 51.71%
Expense Ratio
FFANX has an expense ratio of 0.52%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FFANX ranks 76 for risk / return — better than 76% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Asset Manager 40% Fund (FFANX) 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.
| FFANX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.30 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.89 | 2.25 | +0.65 |
| Martin ratioReturn relative to average drawdown | 12.45 | 10.14 | +2.31 |
Dividends
Dividend History
Fidelity Asset Manager 40% Fund provided a 3.71% dividend yield over the last twelve months, with an annual payout of $0.55 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.56 | $0.36 | $0.31 | $0.66 | $0.33 | $0.31 | $0.44 | $0.49 | $0.30 | $0.15 | $0.33 |
Dividend yield | 3.71% | 3.97% | 2.81% | 2.49% | 5.75% | 2.35% | 2.36% | 3.67% | 4.56% | 2.56% | 1.43% | 3.18% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Asset Manager 40% 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 | $0.05 | $0.00 | $0.00 | $0.05 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.31 | $0.56 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.13 | $0.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.10 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.11 | $0.00 | $0.47 | $0.66 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.19 | $0.33 |
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 Asset Manager 40% 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 Asset Manager 40% Fund was 31.69%, occurring on Mar 9, 2009. Recovery took 387 trading sessions.
The current Fidelity Asset Manager 40% Fund drawdown is 1.66%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -31.69%Mar 2009 | 1y 4mo | 1y 6mo | 2y 10moNov 2007 - Sep 2010 |
Bear market2022 | -18.52%Oct 2022 | 11mo 8d | 1y 8mo | 2y 7moNov 2021 - Jul 2024 |
COVID crash2020 | -18.12%Mar 2020 | 1mo 2d | 3mo 24d | 4mo 26dFeb 2020 - Jul 2020 |
2011 pullback2011 | -9.14%Oct 2011 | 5mo 3d | 4mo 3d | 9mo 6dMay 2011 - Feb 2012 |
2016 pullback2016 | -8.96%Feb 2016 | 9mo 20d | 4mo 28d | 1y 2moApr 2015 - Jul 2016 |
Drawdown Indicators
| FFANX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.69% | -56.78% | +25.09% |
Max Drawdown (1Y)Largest decline over 1 year | -5.20% | -9.10% | +3.90% |
Max Drawdown (3Y)Largest decline over 3 years | -7.55% | -18.90% | +11.35% |
Max Drawdown (5Y)Largest decline over 5 years | -18.52% | -25.43% | +6.91% |
Max Drawdown (10Y)Largest decline over 10 years | -18.52% | -33.92% | +15.40% |
Current DrawdownCurrent decline from peak | -1.66% | -4.50% | +2.84% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -10.72% | +6.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.21% | 2.01% | -0.80% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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