Fidelity Advisor Asset Manager 50% Fund Class Z (FIKZX)

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Fidelity Advisor Asset Manager 50% Fund Class Z (FIKZX) is up 8.6% since the beginning of the year. FIKZX is currently trading at $24 per share. Investors who bought $1,000 worth of FIKZX shares 5 years ago would now be looking at an investment worth $1,394.

Fidelity Advisor Asset Manager 50% Fund Class Z (FIKZX) has returned 8.63% so far this year and 20.51% over the past 12 months.

Based on dividend-adjusted daily data since Oct 4, 2018, FIKZX's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.

Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +7.3%, while the worst month was Mar 2020 at -9.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FIKZX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +4.4%, while the worst single day was Mar 16, 2020 at -6.0%.

Fidelity Advisor Asset Manager 50% Fund Class Z has an annualized alpha of 1.63%, beta of 0.48, and R2 of 0.87 versus S&P 500 Index. Calculated based on daily prices since October 05, 2018.

• This fund participated in 61.08% of S&P 500 Index downside but only 52.87% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.48 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

FIKZX has an expense ratio of 0.55%, placing it in the medium range.

FIKZX ranks 79 for risk / return — better than 79% 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.

The table below present risk-adjusted performance metrics for Fidelity Advisor Asset Manager 50% Fund Class Z (FIKZX) and compare them to S&P 500 Index.

Fidelity Advisor Asset Manager 50% Fund Class Z provided a 7.06% dividend yield over the last twelve months, with an annual payout of $1.66 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Advisor Asset Manager 50% Fund Class Z. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Fidelity Advisor Asset Manager 50% Fund Class Z. 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 50% Fund Class Z was 21.28%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.

The chart below shows the rolling one-month volatility.