- ISIN
- US3160696163
- 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
FFNCX Performance Chart
Fidelity Advisor Asset Manager 40% Fund Class C (FFNCX) is up 5.5% since the beginning of the year. FFNCX is currently trading at $15 per share. Investors who bought $1,000 worth of FFNCX shares 5 years ago would now be looking at an investment worth $1,201.
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Returns By Period
Fidelity Advisor Asset Manager 40% Fund Class C (FFNCX) has returned 5.49% so far this year and 11.74% over the past 12 months. Over the last ten years, FFNCX has returned 5.44% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Fidelity Advisor Asset Manager 40% Fund Class C
- 1D
- 1.03%
- 1M
- -1.01%
- 6M
- 3.49%
- YTD
- 5.49%
- 1Y
- 11.74%
- 3Y*
- 8.87%
- 5Y*
- 3.73%
- 10Y*
- 5.44%
- ALL TIME*
- 4.39%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FFNCX Monthly Returns History
Based on dividend-adjusted daily data since Oct 11, 2007, FFNCX's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, an investment would double in approximately 14.8 years.
Historically, 65% of months were positive and 35% were negative. The best month was Apr 2009 with a return of +6.4%, while the worst month was Oct 2008 at -11.0%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FFNCX closed higher 49% of trading days. The best single day was Oct 13, 2008 with a return of +4.2%, 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 | 1.93% | 1.47% | -3.66% | 4.86% | 1.98% | 0.47% | -1.47% | 5.49% | |||||
| 2025 | 1.63% | 0.38% | -1.83% | 0.29% | 2.24% | 2.95% | 0.21% | 1.69% | 2.03% | 1.30% | 0.14% | 0.42% | 11.99% |
| 2024 | 0.00% | 1.30% | 1.60% | -2.63% | 2.27% | 1.11% | 1.64% | 1.55% | 1.45% | -2.17% | 2.39% | -2.22% | 6.26% |
| 2023 | 4.75% | -2.61% | 2.16% | 0.82% | -1.17% | 1.95% | 1.42% | -1.65% | -3.10% | -1.96% | 5.85% | 3.95% | 10.38% |
| 2022 | -3.16% | -1.71% | -0.38% | -4.93% | -0.40% | -4.48% | 4.25% | -2.50% | -5.95% | 1.74% | 4.69% | -2.08% | -14.49% |
| 2021 | -0.45% | 0.69% | 0.30% | 2.56% | 0.44% | 1.02% | 0.81% | 1.08% | -2.06% | 2.24% | -1.28% | 1.42% | 6.88% |
Benchmark Metrics
Fidelity Advisor Asset Manager 40% Fund Class C has an annualized alpha of 0.65%, beta of 0.39, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since October 11, 2007.
- This fund participated in 53.85% of S&P 500 Index downside but only 44.19% 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
- 0.65%
- Beta
- 0.39
- R²
- 0.87
- Upside Capture
- 44.19%
- Downside Capture
- 53.85%
Expense Ratio
FFNCX has a high expense ratio of 1.60%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FFNCX ranks 59 for risk / return — above 59% of mutual funds peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Asset Manager 40% Fund Class C (FFNCX) 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.
| FFNCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 2.00 | +0.13 |
| Martin ratioReturn relative to average drawdown | 8.66 | 8.49 | +0.17 |
Dividends
Dividend History
Fidelity Advisor Asset Manager 40% Fund Class C provided a 2.31% dividend yield over the last twelve months, with an annual payout of $0.34 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 | $0.34 | $0.41 | $0.23 | $0.18 | $0.53 | $0.19 | $0.18 | $0.31 | $0.37 | $0.21 | $0.07 | $0.22 |
Dividend yield | 2.31% | 2.92% | 1.80% | 1.47% | 4.67% | 1.34% | 1.37% | 2.61% | 3.42% | 1.80% | 0.65% | 2.10% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Asset Manager 40% Fund Class C. 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 | $0.02 | $0.00 | $0.00 | $0.00 | $0.02 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.27 | $0.41 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.10 | $0.23 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.07 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.08 | $0.00 | $0.44 | $0.53 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.15 | $0.19 |
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 C. 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 C was 32.67%, occurring on Mar 9, 2009. Recovery took 404 trading sessions.
The current Fidelity Advisor Asset Manager 40% Fund Class C drawdown is 1.53%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-32.67%Mar 2009 | 1y 4mo | 1y 7mo | 2y 11moNov 2007 - Oct 2010 | Financial crisis2007–2009 |
-19.37%Oct 2022 | 11mo 8d | 1y 10mo | 2y 9moNov 2021 - Aug 2024 | Bear market2022 |
-18.19%Mar 2020 | 1mo 2d | 3mo 26d | 4mo 28dFeb 2020 - Jul 2020 | COVID crash2020 |
-9.64%Feb 2016 | 9mo 20d | 5mo 19d | 1y 3moApr 2015 - Jul 2016 | — |
-9.56%Oct 2011 | 5mo 4d | 4mo 23d | 9mo 27dMay 2011 - Feb 2012 | — |
Drawdown Indicators
| FFNCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.67% | -56.78% | +24.11% |
Max Drawdown (1Y)Largest decline over 1 year | -5.30% | -9.10% | +3.80% |
Max Drawdown (3Y)Largest decline over 3 years | -7.87% | -18.90% | +11.03% |
Max Drawdown (5Y)Largest decline over 5 years | -19.37% | -25.43% | +6.06% |
Max Drawdown (10Y)Largest decline over 10 years | -19.37% | -33.92% | +14.55% |
Current DrawdownCurrent decline from peak | -1.53% | -1.58% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -4.31% | -10.70% | +6.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 2.14% | -0.84% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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