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Fidelity Asset Manager 40%
FFNCX (Mutual Fund)
Fidelity Asset Manager 40%
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
7.9%
1 yr return
16.5%
3 Yr Avg Return
1.2%
5 Yr Avg Return
4.9%
Net Assets
$2.25 B
Holdings in Top 10
97.3%
52 WEEK LOW AND HIGH
$13.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.54%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FFNCX - Profile
Distributions
- YTD Total Return 7.9%
- 3 Yr Annualized Total Return 1.2%
- 5 Yr Annualized Total Return 4.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.31%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFidelity Asset Manager 40%
-
Fund Family NameFidelity Group of Funds
-
Inception DateOct 16, 2007
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGeoffrey Stein
Fund Description
Allocating the fund's assets among three main asset classes: the stock class (equity securities of all types, including funds that invest in such securities), the bond class (fixed-income securities of all types maturing in more than one year, including lower-quality debt securities which are sometimes referred to as high yield debt securities or junk bonds, and funds that invest in such securities), and the short-term/money market class (fixed-income securities of all types maturing in one year or less, including funds that invest in such securities).Maintaining a neutral mix over time of 40% of assets in stocks, 45% of assets in bonds, and 15% of assets in short-term and money market instruments.Adjusting allocation among asset classes gradually within the following ranges: stock class (20%-60%), bond class (30%-60%), and short-term/money market class (0%-50%).Investing in domestic and foreign issuers.Investing in Fidelity's Central funds (specialized investment vehicles used by Fidelity® funds to invest in particular security types or investment disciplines) consistent with the asset classes discussed above.
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FFNCX - Performance
Return Ranking - Trailing
| Period | FFNCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.9% | -2.9% | 15.8% | 80.38% |
| 1 Yr | 16.5% | 8.8% | 28.4% | 76.02% |
| 3 Yr | 1.2%* | -14.5% | 5.9% | 78.88% |
| 5 Yr | 4.9%* | -5.4% | 8.5% | 49.34% |
| 10 Yr | 4.4%* | -0.2% | 7.8% | 63.07% |
* Annualized
Return Ranking - Calendar
| Period | FFNCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.7% | -1.0% | 27.4% | 13.91% |
| 2022 | -18.3% | -35.0% | -7.4% | 71.36% |
| 2021 | 5.5% | -11.5% | 14.6% | 15.67% |
| 2020 | 10.3% | -10.3% | 40.7% | 1.84% |
| 2019 | 11.7% | -9.5% | 22.1% | 22.22% |
Total Return Ranking - Trailing
| Period | FFNCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.9% | -2.9% | 15.8% | 80.38% |
| 1 Yr | 16.5% | 8.8% | 28.4% | 76.02% |
| 3 Yr | 1.2%* | -14.5% | 5.9% | 78.88% |
| 5 Yr | 4.9%* | -5.4% | 8.5% | 49.34% |
| 10 Yr | 4.4%* | -0.2% | 7.8% | 63.07% |
* Annualized
Total Return Ranking - Calendar
| Period | FFNCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.4% | 2.6% | 28.2% | 46.28% |
| 2022 | -14.5% | -35.0% | -3.1% | 76.21% |
| 2021 | 6.9% | -11.5% | 32.0% | 70.90% |
| 2020 | 11.8% | -5.4% | 40.7% | 16.84% |
| 2019 | 14.6% | 4.5% | 27.7% | 57.18% |
NAV & Total Return History
FFNCX - Holdings
Concentration Analysis
| FFNCX | Category Low | Category High | FFNCX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.25 B | 291 K | 50.8 B | 22.73% |
| Number of Holdings | 22 | 2 | 4065 | 62.44% |
| Net Assets in Top 10 | 2.19 B | 284 K | 10.3 B | 13.88% |
| Weighting of Top 10 | 97.34% | 9.7% | 111.4% | 15.31% |
Top 10 Holdings
- Fidelity Investment Grade Bond Central Fund 40.01%
- Fidelity U.S. Equity Central Fund 30.24%
- Fidelity International Equity Central Fund 12.32%
- Fidelity Emerging Markets Equity Central Fund 5.49%
- Fidelity Cash Central Fund 4.53%
- Fidelity Hedged Equity ETF 1.28%
- Fidelity Floating Rate Central Fund 1.00%
- Fidelity Inflation-Protected Bond Index Central Fund 0.99%
- Fidelity High Income Central Fund 0.74%
- Fidelity Emerging Markets Debt Local Currency Central Fund 0.74%
Asset Allocation
| Weighting | Return Low | Return High | FFNCX % Rank | |
|---|---|---|---|---|
| Stocks | 95.07% | 0.00% | 100.08% | 46.89% |
| Cash | 4.70% | -35.68% | 25.19% | 22.49% |
| Convertible Bonds | 0.64% | 0.00% | 71.77% | 69.32% |
| Bonds | 0.25% | 0.00% | 79.74% | 40.43% |
| Preferred Stocks | 0.00% | 0.00% | 21.95% | 73.44% |
| Other | -0.02% | -0.45% | 61.72% | 96.65% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FFNCX % Rank | |
|---|---|---|---|---|
| Technology | 22.24% | 0.22% | 27.92% | 9.49% |
| Financial Services | 14.11% | 0.00% | 83.50% | 64.48% |
| Healthcare | 11.52% | 0.00% | 24.25% | 78.83% |
| Consumer Cyclical | 11.33% | 0.00% | 14.20% | 23.36% |
| Industrials | 9.46% | 0.14% | 17.90% | 66.18% |
| Communication Services | 8.19% | 0.00% | 11.11% | 19.22% |
| Real Estate | 6.30% | 0.00% | 43.16% | 45.99% |
| Consumer Defense | 6.11% | 0.00% | 18.62% | 76.16% |
| Basic Materials | 4.26% | 0.00% | 32.82% | 47.45% |
| Energy | 4.08% | 0.00% | 62.93% | 70.80% |
| Utilities | 2.40% | 0.00% | 48.33% | 85.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FFNCX % Rank | |
|---|---|---|---|---|
| US | 95.07% | 0.00% | 100.08% | 46.89% |
| Non US | 0.00% | 0.00% | 23.24% | 75.84% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FFNCX % Rank | |
|---|---|---|---|---|
| Government | 29.20% | 0.00% | 63.33% | 50.72% |
| Corporate | 28.58% | 0.00% | 96.66% | 51.45% |
| Securitized | 19.54% | 0.00% | 52.08% | 38.16% |
| Cash & Equivalents | 4.63% | 0.00% | 25.19% | 19.38% |
| Municipal | 0.45% | 0.00% | 99.85% | 42.03% |
| Derivative | -0.02% | -0.45% | 61.72% | 91.39% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FFNCX % Rank | |
|---|---|---|---|---|
| US | 0.25% | 0.00% | 79.74% | 40.43% |
| Non US | 0.00% | 0.00% | 7.66% | 74.64% |
FFNCX - Expenses
Operational Fees
| FFNCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.54% | 0.06% | 21.26% | 17.94% |
| Management Fee | 0.53% | 0.00% | 1.25% | 78.18% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 94.04% |
| Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
| FFNCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 71.15% |
Trading Fees
| FFNCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FFNCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 22.00% | 2.00% | 380.00% | 30.55% |
FFNCX - Distributions
Dividend Yield Analysis
| FFNCX | Category Low | Category High | FFNCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.58% | 0.00% | 7.99% | 94.02% |
Dividend Distribution Analysis
| FFNCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
| FFNCX | Category Low | Category High | FFNCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.31% | -1.22% | 6.83% | 96.84% |
Capital Gain Distribution Analysis
| FFNCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 04, 2024 | $0.052 | OrdinaryDividend |
| Apr 05, 2024 | $0.026 | OrdinaryDividend |
| Dec 28, 2023 | $0.072 | OrdinaryDividend |
| Oct 06, 2023 | $0.044 | OrdinaryDividend |
| Jul 07, 2023 | $0.049 | OrdinaryDividend |
| Apr 05, 2023 | $0.017 | OrdinaryDividend |
| Dec 29, 2022 | $0.437 | OrdinaryDividend |
| Oct 07, 2022 | $0.078 | OrdinaryDividend |
| Jul 01, 2022 | $0.016 | OrdinaryDividend |
| Dec 30, 2021 | $0.147 | OrdinaryDividend |
| Oct 01, 2021 | $0.038 | OrdinaryDividend |
| Jul 02, 2021 | $0.002 | OrdinaryDividend |
| Dec 30, 2020 | $0.140 | OrdinaryDividend |
| Oct 02, 2020 | $0.020 | OrdinaryDividend |
| Jul 10, 2020 | $0.018 | OrdinaryDividend |
| Apr 03, 2020 | $0.003 | OrdinaryDividend |
| Dec 30, 2019 | $0.037 | OrdinaryDividend |
| Dec 30, 2019 | $0.028 | CapitalGainShortTerm |
| Dec 30, 2019 | $0.178 | CapitalGainLongTerm |
| Oct 04, 2019 | $0.023 | OrdinaryDividend |
| Jul 05, 2019 | $0.039 | OrdinaryDividend |
| Apr 05, 2019 | $0.007 | OrdinaryDividend |
| Dec 28, 2018 | $0.048 | OrdinaryDividend |
| Dec 28, 2018 | $0.034 | CapitalGainShortTerm |
| Dec 28, 2018 | $0.232 | CapitalGainLongTerm |
| Jul 06, 2018 | $0.026 | OrdinaryDividend |
| Apr 06, 2018 | $0.003 | OrdinaryDividend |
| Dec 26, 2017 | $0.022 | OrdinaryDividend |
| Dec 26, 2017 | $0.088 | CapitalGainShortTerm |
| Dec 26, 2017 | $0.093 | CapitalGainLongTerm |
| Oct 06, 2017 | $0.011 | OrdinaryDividend |
| Jul 07, 2017 | $0.018 | OrdinaryDividend |
| Dec 23, 2016 | $0.015 | OrdinaryDividend |
| Dec 23, 2016 | $0.020 | CapitalGainShortTerm |
| Oct 07, 2016 | $0.013 | OrdinaryDividend |
| Jul 08, 2016 | $0.022 | OrdinaryDividend |
| Apr 08, 2016 | $0.015 | OrdinaryDividend |
| Oct 12, 2015 | $0.019 | OrdinaryDividend |
| Jul 02, 2015 | $0.024 | OrdinaryDividend |
| Apr 02, 2015 | $0.014 | OrdinaryDividend |
| Dec 15, 2014 | $0.013 | OrdinaryDividend |
| Dec 15, 2014 | $0.088 | CapitalGainShortTerm |
| Dec 15, 2014 | $0.220 | CapitalGainLongTerm |
| Oct 06, 2014 | $0.008 | OrdinaryDividend |
| Jul 07, 2014 | $0.018 | OrdinaryDividend |
| Apr 07, 2014 | $0.022 | OrdinaryDividend |
| Dec 16, 2013 | $0.012 | OrdinaryDividend |
| Dec 16, 2013 | $0.053 | CapitalGainShortTerm |
| Dec 16, 2013 | $0.223 | CapitalGainLongTerm |
| Oct 07, 2013 | $0.022 | OrdinaryDividend |
| Jul 08, 2013 | $0.007 | OrdinaryDividend |
| Apr 08, 2013 | $0.003 | OrdinaryDividend |
| Dec 17, 2012 | $0.005 | OrdinaryDividend |
| Dec 17, 2012 | $0.039 | CapitalGainShortTerm |
| Dec 17, 2012 | $0.090 | CapitalGainLongTerm |
| Oct 08, 2012 | $0.013 | OrdinaryDividend |
| Jul 09, 2012 | $0.021 | OrdinaryDividend |
| Apr 05, 2012 | $0.014 | OrdinaryDividend |
| Dec 19, 2011 | $0.018 | OrdinaryDividend |
| Dec 19, 2011 | $0.018 | CapitalGainShortTerm |
| Dec 19, 2011 | $0.070 | CapitalGainLongTerm |
| Oct 10, 2011 | $0.022 | OrdinaryDividend |
| Jul 11, 2011 | $0.028 | OrdinaryDividend |
| Apr 07, 2011 | $0.008 | OrdinaryDividend |
| Dec 20, 2010 | $0.014 | OrdinaryDividend |
| Dec 20, 2010 | $0.208 | CapitalGainShortTerm |
| Dec 20, 2010 | $0.070 | CapitalGainLongTerm |
| Oct 04, 2010 | $0.025 | OrdinaryDividend |
| Jul 12, 2010 | $0.024 | OrdinaryDividend |
| Apr 12, 2010 | $0.006 | OrdinaryDividend |
| Dec 21, 2009 | $0.024 | OrdinaryDividend |
| Dec 21, 2009 | $0.030 | CapitalGainShortTerm |
| Oct 05, 2009 | $0.032 | OrdinaryDividend |
| Jul 13, 2009 | $0.035 | OrdinaryDividend |
| Apr 06, 2009 | $0.022 | OrdinaryDividend |
| Dec 22, 2008 | $0.035 | OrdinaryDividend |
| Oct 06, 2008 | $0.042 | OrdinaryDividend |
| Jul 14, 2008 | $0.027 | OrdinaryDividend |
| Apr 07, 2008 | $0.027 | OrdinaryDividend |
| Dec 24, 2007 | $0.045 | OrdinaryDividend |
FFNCX - Fund Manager Analysis
Managers
Geoffrey Stein
Start Date
Tenure
Tenure Rank
Jun 12, 2009
12.98
13.0%
Geoffrey D. Stein assumes his current position in April 2009. Previously, he worked as a portfolio manager and director of portfolio management from 1998 to 2007, focusing on Fidelity Portfolio Advisory Service®, and as an investment consultant for Fidelity Investments Institutional Services Company, Inc. (FIIS) and Fidelity Management & Research Company (FMRCo) from 1994 to 1998.
Avishek Hazrachoudhury
Start Date
Tenure
Tenure Rank
Apr 28, 2018
4.09
4.1%
Since joining Fidelity Investments in 2013, Mr. Hazrachoudhury has worked as a quantitative analyst and portfolio manager.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 28.73 | 6.35 | 2.41 |
