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Fidelity Asset Manager® 40% FFANX

Analyst rating as of
NAV / 1-Day Return
12.30  /  0.24 %
Total Assets
2.5 Bil
Adj. Expense Ratio
0.520%
Expense Ratio
0.520%
Fee Level
Below Average
Longest Manager Tenure
12.94 years
Category
Allocation--30% to 50% Equity
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Status
Open
TTM Yield
1.64%
Turnover
22%
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Morningstar’s Analysis

Will FFANX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Solid underlying fixed-income managers, but mind the downside risk.

Associate Director

Summary

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The Fidelity Asset Manager 20%, 30%, 40%, and 50% funds, which have heavier fixed-income exposure, benefit from proven underlying managers and garner Morningstar Analyst Ratings of Bronze for the cheapest share classes, while pricier shares stay at Neutral. The remaining 60%, 70%, and 85% funds count higher allocations to the series' prosaic U.S. equity sleeve, leading to Neutral ratings across all share classes.

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