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Fidelity Balanced Fund (FBALX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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27.21+0.07 (+0.26%)
At close: 08:01PM EDT

Fidelity Balanced Fund

Fidelity Puritan Trust

82 Devonshire Street

Boston, MA 02109

Management Information
Jody M. Simes,Lead Manager since November 7, 2019
Jody Simes is a global sector leader/analyst at Fidelity Institutional Asset Management (FIAM). In this role, he manages both the global energy (since 2011) and global materials (since 2006) sector sleeves of the FIAM sector portfolios and analyzes stocks for the broader diversified portfolio management team. He has been in the investments industry since joining Fidelity in 1993. Mr. Simes earned his bachelor of science degree in finance from the University of Massachusetts and his master of science degree in finance from Boston College. He is a CFA charterholder.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryAllocation--50% to 70% Equity
Fund FamilyFidelity Investments
Net Assets49.05B
YTD Return-4.94%
Morningstar Rating★★★★★
Inception DateNov 5, 1986

Fund Operations

Last Dividend0.05
Last Cap Gain0.00
Holdings Turnover40.00%
Average for CategoryN/A

Fees & Expenses

ExpenseFBALXCategory Average
Annual Report Expense Ratio (net)0.52%0.84%
Prospectus Net Expense Ratio0.52%N/A
Prospectus Gross Expense Ratio0.52%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.07%
Max Deferred Sales LoadN/A1.48%
3 Yr Expense Projection167N/A
5 Yr Expense Projection291N/A
10 Yr Expense Projection653N/A