FASMX: Fidelity Asset Manager® 50%

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FASMX Fidelity Asset Manager® 50%


Profile

FASMX - Profile

Vitals

  • YTD Return 1.7%
  • 3 Yr Annualized Return 3.6%
  • 5 Yr Annualized Return 2.0%
  • Net Assets $9.84 B
  • Holdings in Top 10 13.1%

52 WEEK LOW AND HIGH

$18.95
$17.02
$19.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.63%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 37.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA $2,500

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.88%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Fidelity Asset Manager® 50% Fund
  • Fund Family Name
    Fidelity Investments
  • Inception Date
    Dec 28, 1988
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Geoffrey Stein

Fund Description

The Fidelity Asset Manager 50% Fund (FASMX) is a target-risk, moderate-allocation fund that seeks to grow an investor’s capital over time with a medium level of risk. The fund owns a variety of asset classes, including stocks, bonds and cash. The fund has a neutral allocation of 50% stocks, 40% bonds and 10% money-market instruments/cash. FASMX owns both domestic and foreign stocks and bonds directly and does not use a fund of funds approach.

Given its low costs and broad holdings, FASMX makes an ideal core position for investors. The fund is internally managed by Fidelity.


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Categories

FASMX - Mutual Fund Categories


Fund Company Quick Screens

FASMX - Fund Company Quick Screens


Performance

FASMX - Performance

Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -3.1% 3.7% 21.62%
1 Yr 11.5% -8.0% 30.3% 53.19%
3 Yr 3.6%* -9.0% 13.6% 51.10%
5 Yr 2.0%* -10.3% 9.1% 52.16%
10 Yr 3.2%* -2.1% 9.8% 66.67%

* Annualized

Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
2019 13.4% -7.3% 25.8% 36.56%
2018 -10.1% -32.7% 7.5% 37.31%
2017 9.3% -3.7% 29.4% 31.32%
2016 4.2% -43.7% 17.3% 41.74%
2015 -5.9% -40.3% 1.0% 36.47%

Total Return Ranking - Trailing

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% -3.1% 3.7% 21.62%
1 Yr 11.5% -8.0% 30.3% 50.78%
3 Yr 5.4%* -9.0% 13.6% 48.58%
5 Yr 3.7%* -10.3% 9.7% 57.55%
10 Yr 6.3%* -2.1% 11.6% 57.30%

* Annualized

Total Return Ranking - Calendar

Period FASMX Return Category Return Low Category Return High Rank in Category (%)
2019 13.4% -7.3% 25.8% 36.98%
2018 -9.5% -32.7% 7.5% 67.61%
2017 14.1% -3.7% 29.4% 32.63%
2016 6.4% -43.7% 20.7% 39.30%
2015 -4.7% -19.5% 6.2% 68.14%

NAV & Total Return History


Holdings

FASMX - Holdings

Concentration Analysis

FASMX Category Low Category High FASMX % Rank
Net Assets 9.84 B 1.73 M 116 B 15.52%
Number of Holdings 3552 51 4507 2.65%
Net Assets in Top 10 1.22 B -423 K 21.2 B 19.36%
Weighting of Top 10 13.10% 4.9% 251.0% 88.16%

Top 10 Holdings

  1. iShares Core S&P 500 ETF 2.15%
  2. iShares 20+ Year Treasury Bond ETF 1.70%
  3. Microsoft Corp 1.65%
  4. Apple Inc 1.55%
  5. United States Treasury Bonds 3% 1.25%
  6. United States Treasury Notes 2.62% 1.11%
  7. iShares MSCI Japan ETF 1.06%
  8. Fidelity Cent Invt Portfolios Ii 1.02%
  9. Alphabet Inc A 0.84%
  10. Freddie Mac 3.5% 30 Year 0.77%

Asset Allocation

Weighting Return Low Return High FASMX % Rank
Stocks
53.04% 21.10% 79.10% 52.65%
Bonds
36.83% 20.05% 74.69% 45.96%
Cash
8.03% -31.05% 50.88% 28.55%
Other
1.70% -3.06% 68.30% 21.31%
Convertible Bonds
0.39% 0.00% 24.06% 43.87%
Preferred Stocks
0.01% 0.00% 20.71% 70.89%

Stock Sector Breakdown

Weighting Return Low Return High FASMX % Rank
Technology
22.73% 0.00% 41.40% 11.36%
Financial Services
16.81% 0.00% 41.89% 40.53%
Healthcare
11.25% 0.00% 66.75% 59.89%
Consumer Cyclical
10.94% 0.00% 32.16% 28.89%
Industrials
10.01% 0.00% 36.11% 48.53%
Consumer Defense
8.36% 0.00% 33.90% 38.43%
Real Estate
6.26% -2.05% 85.64% 35.20%
Energy
4.63% -0.17% 41.94% 61.71%
Basic Materials
3.49% 0.00% 16.11% 54.42%
Utilities
3.29% -0.17% 28.06% 49.65%
Communication Services
2.23% 0.00% 28.30% 82.33%

Stock Geographic Breakdown

Weighting Return Low Return High FASMX % Rank
US
35.85% -0.12% 71.08% 35.38%
Non US
17.19% 0.00% 59.64% 56.27%

Bond Sector Breakdown

Weighting Return Low Return High FASMX % Rank
Government
33.09% -0.45% 99.55% 37.74%
Corporate
29.83% 0.00% 99.77% 56.69%
Securitized
18.67% 0.00% 70.44% 28.69%
Cash & Equivalents
17.68% -20.20% 68.26% 33.57%
Municipal
0.72% 0.00% 99.78% 16.02%
Derivative
0.02% -4.16% 64.96% 38.44%

Bond Geographic Breakdown

Weighting Return Low Return High FASMX % Rank
US
32.82% -0.51% 67.15% 34.96%
Non US
4.01% -9.35% 43.71% 60.31%

Expenses

FASMX - Expenses

Operational Fees

FASMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.07% 26.19% 86.82%
Management Fee 0.49% 0.00% 1.90% 27.02%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

FASMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FASMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

FASMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 37.00% 7.00% 474.00% 15.94%

Distributions

FASMX - Distributions

Dividend Yield Analysis

FASMX Category Low Category High FASMX % Rank
Dividend Yield 0.23% 0.00% 2.23% 53.62%

Dividend Distribution Analysis

FASMX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

FASMX Category Low Category High FASMX % Rank
Net Income Ratio 1.88% -0.35% 6.29% 55.40%

Capital Gain Distribution Analysis

FASMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FASMX - Fund Manager Analysis

Managers

Geoffrey Stein


Start Date

Tenure

Tenure Rank

Jun 12, 2009

10.56

10.6%

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

1.68

1.7%

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
0.03 32.94 6.24 0.53