- ISIN
- US3160696403
- 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
FFNAX Performance Chart
Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) is up 7.5% since the beginning of the year. FFNAX is currently trading at $15 per share. Investors who bought $1,000 worth of FFNAX shares 5 years ago would now be looking at an investment worth $1,290.
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Returns By Period
Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) has returned 7.51% so far this year and 16.83% over the past 12 months. Over the last ten years, FFNAX has returned 6.60% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Advisor Asset Manager 40% Fund Class A
- 1D
- 0.80%
- 1M
- 1.55%
- YTD
- 7.51%
- 6M
- 7.58%
- 1Y
- 16.83%
- 3Y*
- 10.67%
- 5Y*
- 5.22%
- 10Y*
- 6.60%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FFNAX Monthly Returns History
Based on dividend-adjusted daily data since Oct 11, 2007, FFNAX's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, an investment would double in approximately 12.6 years.
Historically, 66% of months were positive and 34% were negative. The best month was Apr 2009 with a return of +6.6%, 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, FFNAX 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 -4.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.99% | 1.60% | -3.63% | 4.95% | 1.97% | 0.60% | 7.51% | ||||||
| 2025 | 1.70% | 0.46% | -1.74% | 0.34% | 2.23% | 3.01% | 0.40% | 1.68% | 2.09% | 1.34% | 0.28% | 0.42% | 12.83% |
| 2024 | 0.08% | 1.29% | 1.67% | -2.52% | 2.33% | 1.10% | 1.75% | 1.62% | 1.52% | -2.05% | 2.45% | -2.24% | 7.02% |
| 2023 | 4.82% | -2.51% | 2.14% | 0.92% | -1.09% | 2.03% | 1.43% | -1.48% | -3.08% | -1.91% | 5.90% | 4.03% | 11.27% |
| 2022 | -3.15% | -1.63% | -0.30% | -4.90% | -0.32% | -4.46% | 4.36% | -2.48% | -5.91% | 1.86% | 4.75% | -2.03% | -13.89% |
| 2021 | -0.38% | 0.68% | 0.38% | 2.61% | 0.51% | 1.17% | 0.80% | 1.15% | -1.98% | 2.27% | -1.21% | 1.56% | 7.72% |
Benchmark Metrics
Fidelity Advisor Asset Manager 40% Fund Class A has an annualized alpha of 1.47%, 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 51.88% of S&P 500 Index downside but only 45.93% 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
- 1.47%
- Beta
- 0.39
- R²
- 0.88
- Upside Capture
- 45.93%
- Downside Capture
- 51.88%
Expense Ratio
FFNAX has an expense ratio of 0.83%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FFNAX ranks 77 for risk / return — better than 77% 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 Advisor Asset Manager 40% Fund Class A (FFNAX) 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.
| FFNAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.58 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.37 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 2.78 | +0.43 |
| Martin ratioReturn relative to average drawdown | 13.57 | 12.44 | +1.13 |
Dividends
Dividend History
Fidelity Advisor Asset Manager 40% Fund Class A provided a 3.37% dividend yield over the last twelve months, with an annual payout of $0.51 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 | $0.51 | $0.52 | $0.33 | $0.27 | $0.62 | $0.29 | $0.28 | $0.40 | $0.45 | $0.27 | $0.13 | $0.30 |
Dividend yield | 3.37% | 3.69% | 2.54% | 2.20% | 5.40% | 2.06% | 2.08% | 3.37% | 4.21% | 2.32% | 1.21% | 2.88% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Asset Manager 40% Fund Class A. 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 | $0.04 | $0.00 | $0.00 | $0.04 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.30 | $0.52 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.12 | $0.33 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.10 | $0.27 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.00 | $0.46 | $0.62 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.18 | $0.29 |
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 Advisor Asset Manager 40% Fund Class A. 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 Advisor Asset Manager 40% Fund Class A was 31.88%, occurring on Mar 9, 2009. Recovery took 388 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -31.88%Mar 2009 | 1y 4mo | 1y 6mo | 2y 10moNov 2007 - Sep 2010 |
Bear market2022 | -18.77%Oct 2022 | 11mo 8d | 1y 9mo | 2y 8moNov 2021 - Jul 2024 |
COVID crash2020 | -18.18%Mar 2020 | 1mo 2d | 3mo 24d | 4mo 26dFeb 2020 - Jul 2020 |
2011 pullback2011 | -9.30%Oct 2011 | 5mo 4d | 4mo 3d | 9mo 7dMay 2011 - Feb 2012 |
2016 pullback2016 | -9.07%Feb 2016 | 9mo 20d | 5mo 2d | 1y 2moApr 2015 - Jul 2016 |
Drawdown Indicators
| FFNAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.88% | -56.78% | +24.90% |
Max Drawdown (1Y)Largest decline over 1 year | -5.20% | -9.10% | +3.90% |
Max Drawdown (3Y)Largest decline over 3 years | -7.60% | -18.90% | +11.30% |
Max Drawdown (5Y)Largest decline over 5 years | -18.77% | -25.43% | +6.66% |
Max Drawdown (10Y)Largest decline over 10 years | -18.77% | -33.92% | +15.15% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -3.94% | -10.71% | +6.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 2.03% | -0.80% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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