Fidelity Balanced K (FBAKX)

Fund Assets	64.16B
Expense Ratio	0.391%
Min. Investment	$0.00
Turnover	36.00%
Dividend (ttm)	0.59
Dividend Yield	1.83%
Dividend Growth	2.43%
Payout Frequency	Quarterly
Ex-Dividend Date	Oct 9, 2026

Previous Close	32.01
YTD Return	10.23%
1-Year Return	10.78%
5-Year Return	46.65%
52-Week Low	30.95
52-Week High	35.92
Beta (5Y)	0.75
Holdings	4968
Inception Date	May 9, 2008

About FBAKX

Fidelity Balanced Fund Class K is a mutual fund designed to provide both income and capital growth through a diversified, actively managed portfolio. As a balanced fund, it generally allocates around 60% of its assets to equities—primarily large-cap U.S. and international stocks—and the remaining portion to bonds and other debt securities, including a mix of investment-grade and high-yield bonds. The fund is managed to maintain exposure to both growth opportunities in equities and the stability of fixed-income, with a minimum of 25% invested in fixed-income senior securities. This approach appeals to investors seeking a moderate risk profile and exposure to multiple asset classes in a single fund. With over $56 billion in assets under management, Fidelity Balanced Fund Class K is notable for its relatively low expense ratio of 0.39%, which is significantly below the average for its category. The fund distributes dividends quarterly and capital gains twice yearly, making it suitable for those interested in regular income streams. Its broad sector exposure and substantial asset base underscore its role as a core holding for retirement plans and diversified investment strategies.

• Fund Family: Fidelity
• Category: Allocation--50% to 70% Equity
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: FBAKX
• Share Class: Class K
• Index: S&P 500 TR

Performance

FBAKX had a total return of 10.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.90%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWHGX	Schwab	Schwab MarketTrack Growth Portfolio™	0.49%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FBAVX	Fidelity Advisor Balanced Fund: Class Z	0.38%
FBAUX	Fidelity Advisor Balanced Fund: Class I	0.49%
FBAOX	Fidelity Advisor Balanced Fund: Class A	0.74%
FBAQX	Fidelity Advisor Balanced Fund: Class M	0.99%

Top 10 Holdings

27.62% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	5.52%
Alphabet Inc.	GOOGL	4.60%
Apple Inc.	AAPL	4.54%
Amazon.com, Inc.	AMZN	3.05%
Microsoft Corporation	MSFT	2.94%
Broadcom Inc.	AVGO	1.74%
Meta Platforms, Inc.	META	1.44%
Fidelity Cash Central Fund	n/a	1.36%
Mastercard Incorporated	MA	1.23%
United States Treasury Notes 0.04%	T.4 07.31.30	1.21%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 9, 2026	$3.014	Oct 12, 2026
Jul 10, 2026	$0.151	Jul 13, 2026
Apr 1, 2026	$0.119	Apr 2, 2026
Dec 19, 2025	$0.470	Dec 22, 2025
Oct 10, 2025	$1.086	Oct 13, 2025
Jul 11, 2025	$0.152	Jul 14, 2025

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Nov 12, 2026

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