FBAVX Performance — Fidelity Balanced Fund, Class Z
Data updated: 2026-07-24
FBAVX returned +9.88% year to date and +25.28% over one year to May 2026. Over one year the fund beat its US Large Blend category average: $100 grew to $125, against $122 for the category. Volatility over the past 12 months was 9.69% a year. In the 12 months to May 2026 the fund took in a net $90.3M, and assets reached $65.79B.
FBAVX 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 | FBAVX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $125 | $122 |
| Since data start (Nov 2024 – May 2026) | $129 | $126 |
FBAVX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.88% |
| 1 year | +25.28% |
FBAVX 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) | +9.88% |
| 2025 | +15.31% |
| 2024 (Nov–Dec) | +1.86% |
FBAVX 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% | +8.0% | +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 | — | — | — | — | — | — | — | — | — | — | +4.3% | −2.3% |
FBAVX Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 9.69%
- Best month: +7.95% (Apr 2026)
- Worst month: −3.87% (Mar 2026)
FBAVX 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 |
FBAVX 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.