On July 20, 2022, Fidelity announced that Christopher Lee will succeed longtime manager Robert Stansky on Fidelity Balanced and Fidelity Advisor Balanced at year-end. While replacing Stansky’s experience is a challenge, the strategy’s distinct sleeved approach limits the damage. Both strategies retain Morningstar Analyst Ratings of Neutral across all share classes, and their underlying People Pillar ratings remain Average.
NAV / 1-Day Return
24.46 / 0.29 %
Adj. Expense Ratio
Longest Manager Tenure
Allocation--50% to 70% Equity
Investment StyleLarge Growth
Credit Quality / Interest Rate SensitivityMedium / Moderate
Morningstar’s Fund Analysis FBALX
Will FBALX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.