About FFNAX
Fidelity Advisor Asset Manager 40% Fund Class A is a multi-asset mutual fund designed to seek current income while delivering a total return over time. Its primary approach is to maintain a diversified allocation of approximately 40% in equities, 45% in bonds, and 15% in short-term and money market instruments, positioning the fund within the moderately conservative allocation category. This allocation targets a balance between risk mitigation and the pursuit of growth, making it suitable for investors who prioritize capital preservation with some exposure to appreciation. The fund invests both in U.S. and international markets, reflecting its global strategy, but typically keeps the majority of assets in U.S. securities. Managed by an experienced team at Fidelity, the fund draws on a wide array of underlying investments, including blue-chip stocks, U.S. Treasuries, investment-grade bonds, and cash equivalents. As of its latest report, the fund manages assets exceeding $1.6 billion and distributes income quarterly. Its diversified, risk-conscious structure allows it to play a key role in providing stability and income within a broader investment portfolio while maintaining a disciplined approach to asset allocation.
Fund Family Fidelity
Category Mix Tgt Alloc Con
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FFNAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
FFNAX had a total return of 13.63% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.02%.
