Fidelity Balanced Fund (FBALX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
32.85
-0.06 (-0.18%)
At close: Feb 27, 2026
Fund Assets62.13B
Expense Ratio0.47%
Min. Investment$0.00
Turnover41.00%
Dividend (ttm)1.83
Dividend Yield5.55%
Dividend Growth8.94%
Payout FrequencyQuarterly
Ex-Dividend DateDec 19, 2025
Previous Close32.91
YTD Return2.24%
1-Year Return16.39%
5-Year Return57.61%
52-Week Low25.15
52-Week High33.08
Beta (5Y)0.69
Holdings4722
Inception DateNov 6, 1986

About FBALX

Fidelity Balanced Fund is a moderate allocation mutual fund designed to provide both income and capital growth by investing in a diversified portfolio of stocks and bonds. The fund maintains a neutral allocation of approximately 60% in equities and 40% in fixed-income securities, though these ratios may be adjusted according to market outlooks. Its equity holdings are primarily focused on large-cap companies across a range of sectors, employing sector-neutral strategies and active stock selection to seek value opportunities. The fixed-income portion includes investment-grade bonds as well as a dedicated allocation to high-yield securities, aiming to enhance returns through strategic sector and security selection and yield-curve positioning. Managed by a team of dedicated portfolio managers, each specializing in particular asset classes or segments, Fidelity Balanced Fund combines deep research with disciplined portfolio construction. This approach enables consistent risk management and strives for attractive risk-adjusted returns over time. Since its inception in 1986, the fund has established a significant presence in the moderate allocation category, reflecting its role as a core holding for investors seeking a balance between growth and income in a single, professionally managed vehicle.

Fund Family Fidelity
Category Allocation--50% to 70% Equity
Performance Rating High
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol FBALX
Index S&P 500 TR

Performance

FBALX had a total return of 16.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.62%.

Equivalent Funds

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

SymbolProviderNameExpense Ratio
SWHGXSchwabSchwab MarketTrack Growth Portfolio™0.50%

Other Share Classes

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

SymbolShare ClassExpense Ratio
FBAKXClass K0.39%
FBAVXFidelity Advisor Balanced Fund: Class Z0.39%
FBAUXFidelity Advisor Balanced Fund: Class I0.52%
FBAOXFidelity Advisor Balanced Fund: Class A0.77%

Top 10 Holdings

29.78% of assets
NameSymbolWeight
NVIDIA CorporationNVDA5.43%
Apple Inc.AAPL4.84%
Alphabet Inc.GOOGL4.83%
Microsoft CorporationMSFT4.51%
Amazon.com, Inc.AMZN2.88%
Broadcom Inc.AVGO1.83%
Meta Platforms, Inc.META1.66%
United States Treasury Notes 4%T.4 07.31.301.32%
United States Treasury Notes 4.25%T.4.25 08.15.351.27%
Fidelity Cash Central Fundn/a1.20%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 19, 2025$0.466Dec 22, 2025
Oct 10, 2025$1.087Oct 13, 2025
Jul 11, 2025$0.147Jul 14, 2025
Apr 4, 2025$0.127Apr 7, 2025
Dec 20, 2024$0.428Dec 23, 2024
Oct 11, 2024$0.992Oct 14, 2024
Full Dividend History