85% Allocation (FRAGX)
Fund Assets | 1.81M |
Expense Ratio | 0.02% |
Min. Investment | $0.00 |
Turnover | 7.00% |
Dividend (ttm) | 0.22 |
Dividend Yield | 1.72% |
Dividend Growth | 21.23% |
Payout Frequency | Annual |
Ex-Dividend Date | Dec 30, 2024 |
Previous Close | 12.68 |
YTD Return | 12.68% |
1-Year Return | 17.13% |
5-Year Return | n/a |
52-Week Low | 10.02 |
52-Week High | 12.68 |
Beta (5Y) | n/a |
Holdings | 3 |
Inception Date | n/a |
About FRAGX
The Fidelity 85% Allocation Fund is an aggressive allocation mutual fund designed to seek capital appreciation by maintaining a strategic mix of approximately 85% in equities and 15% in fixed income assets, including bonds and short-term investments. Its primary objective is to deliver long-term growth by investing predominantly in two Fidelity equity index funds—covering U.S. and international markets—and one Fidelity bond index fund, giving investors broad global diversification within a single fund structure. Notable for its low expense ratio and minimal shareholder fees, this fund facilitates exposure to major equity markets while balancing volatility with moderate bond holdings, thereby aligning with investors seeking higher risk and reward profiles. The fund’s streamlined design and disciplined asset allocation provide ease of portfolio management, making it a valuable tool for individuals aiming to efficiently pursue growth through a cost-effective, professionally managed solution in the aggressive allocation segment of the financial market.
Performance
FRAGX had a total return of 17.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.43%.
Top 10 Holdings
99.96% of assetsName | Symbol | Weight |
---|---|---|
Fidelity Total Market Index | FSKAX | 60.53% |
Fidelity Total International Index | FTIHX | 24.87% |
Fidelity U.S. Bond Index | FXNAX | 14.56% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 30, 2024 | $0.217 | Dec 31, 2024 |
Dec 28, 2023 | $0.179 | Dec 29, 2023 |
Dec 29, 2022 | $0.154 | Dec 30, 2022 |