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Investment information provided for educational purposes only. Past performance does not guarantee future results.

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Fidelity Balanced Fund

FBALX
Balanced
Fidelity

The fund invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), when its outlook is neutral. It invests at least 25% of total assets in fixed-income senior securities.

Expense Ratio
0.01%
What's an expense ratio?
5-Year Return
+8.89%
How to read fund performance
Volatility
+8.85%
What is volatility?
Total Assets
$63.8K
Performance History
1-Year Return+18.44%
3-Year Return+15.61%
5-Year Return+8.89%
10-Year Return+11.51%
Fund Details
Minimum Investment$0
Fund ManagerFidelity Management Team
Inception Date2024-10-17
Assets Under Management$63,767 M
Data Last UpdatedMay 11, 2026
How to Invest in FBALX

Buy directly from Fidelity

Fidelity funds can be purchased directly through their website, typically with no transaction fee.0

Visit Fidelity.com

Affiliate disclosure: Some links on this page are affiliate links. If you open an account through a link on this site, we may earn a commission at no additional cost to you. This does not influence our fund data or analysis. Learn more.

Investment Calculators

Fee Impact Calculator

Fee Impact Calculator
See how fees would impact your investment in Fidelity Balanced Fund
Calculating for:
FBALX

Fidelity Balanced Fund

Pre-filled with FBALX's historical average return

FBALX's actual expense ratio

Comparison fund (e.g., actively managed)

Results
Future value after 30 years
Enter your values and click “Calculate Impact” to see results

Note: This calculator uses simplified assumptions based on FBALX's historical performance. It does not account for taxes, inflation, or varying returns. Past performance does not guarantee future results.

Return Simulator

Return Projection Simulator
Project your portfolio's future value with Fidelity Balanced Fund
Projecting for:
FBALX

Fidelity Balanced Fund

How much are you investing today?

How much will you contribute each month?

How long will you invest for?

Pre-filled with FBALX's historical average return

Projection Results
Estimated portfolio value after 30 years
Enter your parameters and click “Simulate Returns” to see projections

Important: This projection uses simplified assumptions based on FBALX's historical performance. Actual investment returns vary year-to-year. Past performance does not guarantee future results. This tool is for educational purposes only.

Top Holdings

NVDANVIDIA Corp
0.00%
GOOGLAlphabet Inc Class A
0.00%
AAPLApple Inc
0.00%
MSFTMicrosoft Corp
0.00%
AMZNAmazon.com Inc
0.00%
METAMeta Platforms Inc Class A
0.00%
AVGOBroadcom Inc
0.00%

Top holdings shown as percentage of fund assets. Data sourced from fund filings. Holdings may change over time.

Similar Funds in Balanced

VWELX
Vanguard

Vanguard Wellington Income Fund

Expense Ratio0.00%
5-Year Return+8.36%
VWENX
Vanguard

Vanguard Wellington Fund Admiral Shares

Expense Ratio0.00%
5-Year Return+8.44%
DODBX
Dodge & Cox

Dodge & Cox Balanced Fund

Expense Ratio0.01%
5-Year Return+6.51%
FPURX
Fidelity

Fidelity Puritan

Expense Ratio0.01%
5-Year Return+8.76%

Learn More About Balanced Funds

Diversification: Building a Balanced Portfolio

How balanced funds blend stocks and bonds to manage risk.

What Is a Fund's Benchmark?

Balanced funds use blended benchmarks — learn how to evaluate them correctly.

Frequently Asked Questions

What is FBALX?

FBALX is the ticker symbol for Fidelity Balanced Fund, a Balanced mutual fund managed by Fidelity. The fund invests approximately 60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities (those of less than investment-grade quality, also referred to as high yield debt securities or junk bonds), when its outlook is neutral. It invests at least 25% of total assets in fixed-income senior securities.

What is the expense ratio for FBALX?

FBALX has an expense ratio of 0.01% per year. On a $10,000 investment, that amounts to roughly $1 annually in fund fees. This is considered a very low-cost fund.

How has FBALX performed historically?

FBALX has posted a 1-year return of +18.44%, 3-year return of +15.61%, 5-year return of +8.89%, 10-year return of +11.51%. Past performance does not guarantee future results. Returns are annualized for periods greater than one year.

What is the minimum investment for FBALX?

FBALX has no minimum initial investment requirement, making it accessible to all investors regardless of account size.

Is FBALX a good investment?

Whether FBALX is right for you depends on your investment goals, time horizon, and risk tolerance. Key factors to evaluate include its 0.01% expense ratio, Balanced category exposure, historical returns, and how it fits within your broader portfolio. We recommend comparing it against similar funds in the same category and consulting a qualified financial advisor.

Important: Past performance does not guarantee future results. This information is provided for educational purposes only and should not be considered investment advice. Please consult with a financial advisor before making investment decisions.

Compare Mutual Funds LogoCMF

Compare mutual funds with transparent, data-driven insights. Make informed investment decisions.

Product

  • Compare Funds
  • Learning Center
  • Fee Calculator
  • Return Simulator

Company

  • About Us
  • Editorial Methodology

Legal

  • Disclosures
  • Privacy Policy
  • Terms of Service

© 2026 CompareMutualFunds. All rights reserved.

Investment information provided for educational purposes only. Past performance does not guarantee future results.