Is Fidelity Balanced Fund (FBALX) a Strong Mutual Fund Pick Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 19 2024
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Source: NASDAQ.COM
Fidelity Balanced Fund Overview: The Fidelity Balanced Fund (FBALX) is a highly-rated Allocation Balanced mutual fund with strong performance metrics, including a 5-year annualized return of 11.47% and lower fees compared to its peers, making it an attractive option for investors seeking diversified holdings.
Performance and Risk Metrics: While FBALX has shown solid returns, it has a higher volatility than its category average, indicated by its standard deviation and negative alpha, suggesting challenges in outperforming the S&P 500 benchmark.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
