Fidelity Balanced is led by a longtime manager, but churn among its equity sleeve managers gives pause. It earns a Morningstar Analyst Rating of Neutral across its share classes.
Will FBALX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBALX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the FBALX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of FBALX’s parent organization’s priorities and whether they’re in line with investors’ interests.