Fidelity Balanced Fund (FBALX) NASDAQ
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Address
245 Summer Street
Boston, MA 02210
United States of America (the)
Phone
617-563-7000
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
November 06, 1986
The Fidelity Balanced Fund typically allocates approximately 60% of its holdings to equity instruments, such as common stocks, with the balance invested in various fixed-income securities. During periods when the fund's market outlook is deemed neutral, its debt portfolio may incorporate lower-rated obligations, also known as sub-investment-grade, high-yield, or "junk" bonds. A fundamental component of its strategy is to commit at least 25% of its total assets to senior fixed-income instruments.