Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX)
The investment seeks current income as well as total return; capital appreciation is the secondary objective. The fund allocates its assets among three main asset classes: the stock class (equity securities of all types, including funds that invest in such securities), the bond class (fixed-income securities of all types maturing in more than 1 year, including lower-quality debt securities which are sometimes referred to as high yield debt securities or junk bonds, and funds that invest in such securities), and the short-term/money market class (fixed-income securities of all types maturing in one year or less, including funds that invest in such securities).
Fund Info
US3160696403
Oct 9, 2007
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Asset Manager 40% Fund Class A, 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 Advisor Asset Manager 40% Fund Class A had a return of 7.76% year-to-date (YTD) and 13.04% in the last 12 months. Over the past 10 years, Fidelity Advisor Asset Manager 40% Fund Class A had an annualized return of 4.84%, while the S&P 500 had an annualized return of 11.13%, indicating that Fidelity Advisor Asset Manager 40% Fund Class A did not perform as well as the benchmark.
FFNAX
7.76%
-0.45%
4.24%
13.04%
5.09%
4.84%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of FFNAX, 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 | 0.08% | 1.29% | 1.67% | -2.52% | 2.34% | 1.10% | 1.75% | 1.62% | 1.52% | -2.05% | 7.76% | ||
| 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% | -4.45% | 4.36% | -2.48% | -5.91% | 1.86% | 4.75% | -2.03% | -13.89% |
| 2021 | -0.38% | 0.68% | 0.38% | 2.60% | 0.51% | 1.17% | 0.80% | 1.15% | -1.98% | 2.27% | -1.21% | 1.56% | 7.72% |
| 2020 | 0.58% | -2.65% | -7.83% | 6.15% | 3.14% | 2.20% | 2.83% | 2.02% | -1.19% | -0.87% | 5.67% | 2.82% | 12.74% |
| 2019 | 4.28% | 1.07% | 1.33% | 1.57% | -1.98% | 3.16% | 0.35% | 0.34% | 0.42% | 1.06% | 1.43% | 1.64% | 15.56% |
| 2018 | 1.88% | -2.18% | -0.26% | -0.15% | 0.95% | 0.00% | 1.01% | 1.02% | -0.25% | -4.10% | 0.62% | -2.91% | -4.46% |
| 2017 | 1.57% | 1.46% | 0.45% | 1.07% | 1.06% | 0.18% | 1.31% | 0.61% | 0.60% | 0.97% | 0.77% | 0.83% | 11.42% |
| 2016 | -2.12% | -0.20% | 3.75% | 1.00% | 0.38% | 0.66% | 2.09% | 0.46% | 0.27% | -1.07% | -0.37% | 0.89% | 5.78% |
| 2015 | 0.19% | 2.14% | -0.09% | 0.58% | 0.36% | -1.45% | 0.60% | -3.21% | -1.61% | 3.27% | 0.09% | -2.60% | -1.91% |
| 2014 | -0.56% | 2.64% | -0.18% | 0.20% | 1.48% | 1.09% | -1.28% | 1.74% | -1.62% | 1.18% | 0.81% | -0.16% | 5.36% |
| 2013 | 2.00% | 0.20% | 1.08% | 1.39% | -0.29% | -1.63% | 2.70% | -1.33% | 2.80% | 1.69% | 0.74% | 1.32% | 11.07% |
Expense Ratio
FFNAX features an expense ratio of 0.83%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FFNAX is 66, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Asset Manager 40% Fund Class A provided a 2.30% dividend yield over the last twelve months, with an annual payout of $0.30 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.27 | $0.24 | $0.18 | $0.14 | $0.20 | $0.19 | $0.14 | $0.15 | $0.17 | $0.48 | $0.43 |
Dividend yield | 2.30% | 2.20% | 2.14% | 1.26% | 1.07% | 1.65% | 1.73% | 1.17% | 1.36% | 1.63% | 4.51% | 3.99% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.21 | |
| 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 | $0.09 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.07 | $0.18 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.03 | $0.14 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.06 | $0.20 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.07 | $0.19 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.05 | $0.14 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.04 | $0.15 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.05 | $0.17 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.38 | $0.48 |
| 2013 | $0.02 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.34 | $0.43 |
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 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 31.87%, occurring on Mar 9, 2009. Recovery took 387 trading sessions.
The current Fidelity Advisor Asset Manager 40% Fund Class A drawdown is 1.38%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.87% | Nov 1, 2007 | 338 | Mar 9, 2009 | 387 | Sep 20, 2010 | 725 |
| -18.77% | Nov 10, 2021 | 234 | Oct 14, 2022 | 434 | Jul 10, 2024 | 668 |
| -18.18% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
| -10.19% | Apr 27, 2015 | 202 | Feb 11, 2016 | 124 | Aug 9, 2016 | 326 |
| -9.3% | May 2, 2011 | 108 | Oct 3, 2011 | 85 | Feb 3, 2012 | 193 |
Volatility
Volatility Chart
The current Fidelity Advisor Asset Manager 40% Fund Class A volatility is 1.61%, 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.