Fidelity Balanced Fund (FBAKX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Boston, MA, United States.
FBAKX has IPO date of 2008-05-15, listed on the NASDAQ, a market capitalization of $60.38B.
Fidelity Balanced Fund is a diversified investment fund that allocates approximately 60% of its assets to stocks and equity securities, with the remaining balance invested in bonds and debt securities. The fund maintains a flexible approach to asset allocation based on market outlook, and may include lower-quality debt securities such as high-yield bonds when conditions warrant. At minimum, the fund commits 25% of its total assets to fixed-income senior securities, providing a foundation of investment-grade debt holdings that support the portfolio's stability.
