FBAKX Performance — Fidelity Balanced Fund, Class K
Data updated: 2026-07-24
FBAKX returned +9.87% year to date and +25.22% over one year to May 2026. Annualised returns are +17.78% over 3 years and +9.71% over 5 years. Against its US Large Blend category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $163, against $165 for the category, and to $125 over one year, against $122. Volatility over the past three years was 10.00% a year. In the 12 months to May 2026 the fund took in a net $90.3M, and assets reached $65.79B.
FBAKX Growth of $100
What $100 invested in Fidelity Balanced Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FBAKX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $125 | $122 |
| 3 years (Jun 2023 – May 2026) | $163 | $165 |
| 5 years (Jun 2021 – May 2026) | $159 | $164 |
| Since data start (Sep 2019 – May 2026) | $230 | $229 |
FBAKX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.87% |
| 1 year | +25.22% |
| 3 years (annualised) | +17.78% |
| 5 years (annualised) | +9.71% |
FBAKX Annual Returns
Calendar-year total returns of Fidelity Balanced Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +9.87% |
| 2025 | +15.26% |
| 2024 | +16.14% |
| 2023 | +21.69% |
| 2022 | −18.12% |
| 2021 | +18.39% |
| 2020 | +22.43% |
| 2019 (Sep–Dec) | +8.19% |
FBAKX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.8% | +0.4% | −3.9% | +7.9% | +3.6% | — | — | — | — | — | — | — |
| 2025 | +1.9% | −0.5% | −4.1% | −0.2% | +4.2% | +4.2% | +1.7% | +1.6% | +2.9% | +2.2% | +0.7% | +0.1% |
| 2024 | +1.3% | +3.3% | +2.5% | −3.2% | +3.7% | +2.4% | +1.0% | +2.0% | +1.7% | −1.3% | +4.3% | −2.3% |
| 2023 | +6.3% | −2.1% | +3.4% | +1.5% | +0.4% | +4.0% | +2.1% | −1.0% | −3.8% | −1.9% | +7.5% | +4.1% |
| 2022 | −4.6% | −1.8% | +1.6% | −7.7% | −0.2% | −6.4% | +7.0% | −3.7% | −7.7% | +4.6% | +4.9% | −4.2% |
| 2021 | −0.6% | +2.5% | +2.6% | +3.8% | +0.7% | +1.8% | +1.1% | +1.9% | −3.1% | +5.0% | −1.4% | +3.0% |
| 2020 | +0.9% | −4.8% | −10.2% | +10.4% | +4.4% | +2.7% | +4.8% | +5.0% | −2.1% | −1.5% | +8.8% | +4.0% |
| 2019 | — | — | — | — | — | — | — | — | +0.9% | +2.0% | +2.7% | +2.4% |
FBAKX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 10.00%
- 3-year Sharpe ratio: 1.33 (vs 4.5% risk-free rate)
- Best month: +7.94% (Apr 2026)
- Worst month: −4.07% (Mar 2025)
FBAKX Fund Flows
Monthly money in and out of Fidelity Balanced Fund, from SEC Form N-PORT.
- 12-month net flow: $90.3M
- 12-month gross sales (incl. reinvestments): $11.8B
- Sales ÷ redemptions: 1.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $684.3M | $930.9M | −$246.6M |
| Apr 2026 | $780.5M | $905.3M | −$124.8M |
| Mar 2026 | $603.1M | $984.1M | −$381.0M |
| Feb 2026 | $645.9M | $825.3M | −$179.5M |
| Jan 2026 | $819.4M | $1.0B | −$215.1M |
| Dec 2025 | $1.5B | $891.5M | $615.4M |
| Nov 2025 | $584.0M | $765.9M | −$181.9M |
| Oct 2025 | $3.7B | $2.1B | $1.6B |
| Sep 2025 | $594.3M | $748.8M | −$154.6M |
| Aug 2025 | $513.7M | $779.2M | −$265.5M |
| Jul 2025 | $868.4M | $900.1M | −$31.8M |
| Jun 2025 | $504.0M | $851.9M | −$347.9M |
FBAKX Assets Under Management
Net assets of Fidelity Balanced Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $65.79B |
| 2026-02-28 | $62.20B |
| 2025-11-30 | $61.46B |
| 2025-08-31 | $58.76B |
| 2025-05-31 | $55.50B |
| 2025-02-28 | $57.26B |
| 2024-11-30 | $58.54B |
| 2024-08-31 | $47.91B |
| 2024-05-31 | $45.73B |
| 2024-02-29 | $44.78B |
| 2023-11-30 | $41.33B |
| 2023-08-31 | $41.05B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.