Fund
FAAIX
Price as of:
$33.50
+ $0.10
+ 0.30%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.5%
1 yr return
23.3%
3 Yr Avg Return
15.5%
5 Yr Avg Return
8.1%
Net Assets
$8.49 B
Holdings in Top 10
94.5%
52 WEEK LOW AND HIGH
$33.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.67%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FAAIX - Profile
Distributions
- YTD Total Return 8.5%
- 3 Yr Annualized Total Return 15.5%
- 5 Yr Annualized Total Return 8.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.03%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFidelity Asset Manager 70%
-
Fund Family NameFidelity Group of Funds
-
Inception DateSep 26, 2008
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGeoffrey Stein
Fund Description
Allocating the fund's 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 one 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). Maintaining a neutral mix over time of 70% of assets in stocks, 25% of assets in bonds, and 5% of assets in short-term and money market instruments. Adjusting allocation among asset classes gradually within the following ranges: stock class (50%-100%), bond class (0%-50%), and short-term/money market class (0%-50%). Investing in domestic and foreign issuers. Investing in Fidelity's Central funds (specialized investment vehicles used by Fidelity® funds to invest in particular security types or investment disciplines) and Fidelity's exchange-traded funds consistent with the asset classes discussed above.
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FAAIX - Performance
Return Ranking - Trailing
| Period | FAAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | -8.1% | 31.3% | 61.23% |
| 1 Yr | 23.3% | 3.4% | 62.8% | 32.61% |
| 3 Yr | 15.5%* | 2.8% | 31.9% | 57.61% |
| 5 Yr | 8.1%* | -0.3% | 18.9% | 44.19% |
| 10 Yr | 10.2%* | 4.1% | 16.0% | 31.19% |
* Annualized
Return Ranking - Calendar
| Period | FAAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 10.2% | -21.7% | 25.4% | 25.00% |
| 2024 | 5.9% | -4.7% | 19.8% | 61.59% |
| 2023 | 14.5% | -6.9% | 29.3% | 30.55% |
| 2022 | -22.1% | -37.4% | -8.2% | 70.90% |
| 2021 | 10.9% | -9.8% | 25.4% | 22.81% |
Total Return Ranking - Trailing
| Period | FAAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | -8.1% | 31.3% | 61.23% |
| 1 Yr | 23.3% | 3.4% | 62.8% | 32.61% |
| 3 Yr | 15.5%* | 2.8% | 31.9% | 57.61% |
| 5 Yr | 8.1%* | -0.3% | 18.9% | 44.19% |
| 10 Yr | 10.2%* | 4.1% | 16.0% | 31.19% |
* Annualized
Total Return Ranking - Calendar
| Period | FAAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 18.2% | 1.0% | 27.2% | 19.20% |
| 2024 | 10.8% | -0.4% | 22.8% | 77.54% |
| 2023 | 16.4% | -0.9% | 33.0% | 47.27% |
| 2022 | -16.9% | -24.4% | -0.9% | 64.55% |
| 2021 | 13.9% | -7.8% | 33.9% | 78.71% |
NAV & Total Return History
FAAIX - Holdings
Concentration Analysis
| FAAIX | Category Low | Category High | FAAIX % Rank | |
|---|---|---|---|---|
| Net Assets | 8.49 B | 1.81 M | 147 B | 22.46% |
| Number of Holdings | 29 | 4 | 3186 | 47.83% |
| Net Assets in Top 10 | 7.54 B | 1.66 M | 30 B | 15.58% |
| Weighting of Top 10 | 94.46% | 20.7% | 124.7% | 21.38% |
Top 10 Holdings
- Fidelity U.S. Equity Central Fund 34.55%
- Fidelity International Equity Central Fund 20.94%
- Fidelity Investment Grade Bond Central Fund 17.66%
- Fidelity Emerging Markets Equity Central Fund 9.93%
- Fidelity Enhanced Small Cap ETF 3.08%
- Fidelity Blue Chip Growth ETF 2.49%
- Fidelity Inflation-Protected Bond Index Central Fund 1.85%
- Fidelity Emerging Markets Debt Local Currency Central Fund 1.48%
- Fidelity High Income Central Fund 1.24%
- Fidelity Hedged Equity ETF 1.24%
Asset Allocation
| Weighting | Return Low | Return High | FAAIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.45% | 0.00% | 100.13% | 35.14% |
| Cash | 0.51% | 0.00% | 85.48% | 55.43% |
| Convertible Bonds | 0.37% | 0.00% | 26.48% | 45.26% |
| Bonds | 0.05% | 0.00% | 99.61% | 37.68% |
| Preferred Stocks | 0.00% | 0.00% | 15.38% | 29.35% |
| Other | -0.01% | -0.32% | 13.13% | 93.48% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FAAIX % Rank | |
|---|---|---|---|---|
| Technology | 22.48% | 3.31% | 52.93% | 10.95% |
| Financial Services | 14.34% | 0.28% | 52.80% | 58.39% |
| Healthcare | 11.70% | 0.00% | 36.30% | 75.55% |
| Consumer Cyclical | 11.46% | 0.00% | 16.01% | 22.63% |
| Industrials | 9.65% | 1.16% | 32.55% | 69.34% |
| Communication Services | 8.28% | 0.00% | 26.62% | 27.37% |
| Consumer Defense | 6.20% | 0.00% | 14.86% | 74.45% |
| Real Estate | 5.02% | 0.00% | 33.86% | 37.59% |
| Basic Materials | 4.34% | 0.00% | 11.49% | 47.08% |
| Energy | 4.10% | 0.00% | 29.22% | 68.25% |
| Utilities | 2.43% | 0.00% | 31.67% | 74.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FAAIX % Rank | |
|---|---|---|---|---|
| US | 99.45% | 0.00% | 100.13% | 35.14% |
| Non US | 0.00% | 0.00% | 24.08% | 35.51% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FAAIX % Rank | |
|---|---|---|---|---|
| Corporate | 36.10% | 0.00% | 98.43% | 36.86% |
| Government | 35.85% | 0.00% | 99.71% | 34.31% |
| Securitized | 14.35% | 0.00% | 37.97% | 28.47% |
| Cash & Equivalents | 0.49% | 0.00% | 76.37% | 55.07% |
| Municipal | 0.33% | 0.00% | 17.02% | 34.31% |
| Derivative | -0.01% | -0.32% | 0.46% | 86.96% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FAAIX % Rank | |
|---|---|---|---|---|
| US | 0.05% | 0.00% | 99.61% | 37.68% |
| Non US | 0.00% | 0.00% | 2.05% | 14.13% |
FAAIX - Expenses
Operational Fees
| FAAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.67% | 0.06% | 5.01% | 75.72% |
| Management Fee | 0.66% | 0.00% | 1.15% | 83.33% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.25% | N/A |
Sales Fees
| FAAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| FAAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FAAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 20.00% | 4.00% | 236.00% | 36.12% |
FAAIX - Distributions
Dividend Yield Analysis
| FAAIX | Category Low | Category High | FAAIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.69% | 0.00% | 9.82% | 68.12% |
Dividend Distribution Analysis
| FAAIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| FAAIX | Category Low | Category High | FAAIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.03% | -1.12% | 6.07% | 51.31% |
Capital Gain Distribution Analysis
| FAAIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2025 | $0.563 | OrdinaryDividend |
| Dec 30, 2025 | $0.009 | CapitalGainShortTerm |
| Dec 30, 2025 | $1.616 | CapitalGainLongTerm |
| Dec 30, 2024 | $1.276 | OrdinaryDividend |
| Dec 30, 2024 | $0.537 | OrdinaryDividend |
| Dec 30, 2024 | $0.045 | CapitalGainShortTerm |
| Dec 30, 2024 | $0.694 | CapitalGainLongTerm |
| Dec 28, 2023 | $0.438 | OrdinaryDividend |
| Dec 29, 2022 | $1.500 | OrdinaryDividend |
| Dec 30, 2021 | $0.793 | OrdinaryDividend |
| Dec 30, 2020 | $0.551 | OrdinaryDividend |
| Dec 30, 2019 | $0.337 | OrdinaryDividend |
| Dec 30, 2019 | $0.066 | CapitalGainShortTerm |
| Dec 30, 2019 | $0.765 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.094 | CapitalGainShortTerm |
| Dec 28, 2018 | $0.820 | CapitalGainLongTerm |
| Dec 28, 2018 | $0.304 | OrdinaryDividend |
| Dec 26, 2017 | $0.274 | CapitalGainShortTerm |
| Dec 26, 2017 | $0.341 | CapitalGainLongTerm |
| Dec 26, 2017 | $0.252 | OrdinaryDividend |
| Dec 23, 2016 | $0.039 | CapitalGainShortTerm |
| Dec 23, 2016 | $0.263 | OrdinaryDividend |
| Dec 15, 2014 | $0.274 | CapitalGainShortTerm |
| Dec 15, 2014 | $1.330 | CapitalGainLongTerm |
| Dec 15, 2014 | $0.273 | OrdinaryDividend |
| Dec 16, 2013 | $0.074 | CapitalGainShortTerm |
| Dec 16, 2013 | $0.217 | OrdinaryDividend |
| Dec 17, 2012 | $0.030 | CapitalGainShortTerm |
| Dec 17, 2012 | $0.240 | OrdinaryDividend |
| Dec 19, 2011 | $0.025 | CapitalGainShortTerm |
| Dec 19, 2011 | $0.243 | OrdinaryDividend |
| Dec 31, 2010 | $0.007 | ExtraDividend |
| Dec 20, 2010 | $0.030 | CapitalGainShortTerm |
| Dec 20, 2010 | $0.216 | OrdinaryDividend |
| Dec 21, 2009 | $0.213 | OrdinaryDividend |
| Dec 21, 2009 | $0.009 | CapitalGainShortTerm |
| Dec 22, 2008 | $0.310 | OrdinaryDividend |
FAAIX - Fund Manager Analysis
Managers
Geoffrey Stein
Start Date
Tenure
Tenure Rank
Jun 12, 2009
12.98
13.0%
Geoffrey D. Stein assumes his current position in April 2009. Previously, he worked as a portfolio manager and director of portfolio management from 1998 to 2007, focusing on Fidelity Portfolio Advisory Service®, and as an investment consultant for Fidelity Investments Institutional Services Company, Inc. (FIIS) and Fidelity Management & Research Company (FMRCo) from 1994 to 1998.
Avishek Hazrachoudhury
Start Date
Tenure
Tenure Rank
Apr 28, 2018
4.09
4.1%
Since joining Fidelity Investments in 2013, Mr. Hazrachoudhury has worked as a quantitative analyst and portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 38.44 | 7.34 | 2.41 |