FZAAX Performance — Fidelity Advisor Balanced Fund, Class Z
Data updated: 2024-11-13
FZAAX returned +19.96% over one year to Aug 2024. Annualised returns are +5.30% over 3 years and +12.12% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $117, against $122 for the category, and to $120 over one year, against $122. Volatility over the past three years was 14.03% a year. In the 12 months to Aug 2024 the fund took in a net $678.4M, and assets reached $8.95B.
FZAAX Growth of $100
What $100 invested in Fidelity Advisor 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 | FZAAX | Category average |
|---|---|---|
| 1 year (Sep 2023 – Aug 2024) | $120 | $122 |
| 3 years (Sep 2021 – Aug 2024) | $117 | $122 |
| 5 years (Sep 2019 – Aug 2024) | $177 | $180 |
FZAAX Trailing Returns
Total returns to Aug 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +19.96% |
| 3 years (annualised) | +5.30% |
| 5 years (annualised) | +12.12% |
FZAAX Annual Returns
Calendar-year total returns of Fidelity Advisor Balanced Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Aug) | +13.48% |
| 2023 | +21.67% |
| 2022 | −18.15% |
| 2021 | +18.32% |
| 2020 | +22.53% |
| 2019 (Sep–Dec) | +8.15% |
FZAAX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +1.3% | +3.3% | +2.4% | −3.2% | +3.7% | +2.4% | +1.0% | +2.0% | — | — | — | — |
| 2023 | +6.3% | −2.1% | +3.4% | +1.5% | +0.3% | +4.1% | +2.0% | −1.0% | −3.8% | −1.9% | +7.6% | +4.1% |
| 2022 | −4.7% | −1.9% | +1.6% | −7.6% | −0.3% | −6.4% | +6.9% | −3.7% | −7.7% | +4.6% | +4.9% | −4.2% |
| 2021 | −0.6% | +2.4% | +2.5% | +3.9% | +0.6% | +1.9% | +1.2% | +1.8% | −3.2% | +5.1% | −1.3% | +2.9% |
| 2020 | +0.9% | −4.8% | −10.0% | +10.2% | +4.3% | +2.6% | +4.8% | +5.0% | −2.2% | −1.5% | +8.8% | +4.0% |
| 2019 | — | — | — | — | — | — | — | — | +0.8% | +2.0% | +2.8% | +2.4% |
FZAAX Risk
Risk measures from monthly returns over Sep 2021 – Aug 2024.
- 3-year volatility (annualised): 14.03%
- 3-year Sharpe ratio: 0.06 (vs 4.5% risk-free rate)
- Best month: +7.61% (Nov 2023)
- Worst month: −7.69% (Sep 2022)
FZAAX Fund Flows
Monthly money in and out of Fidelity Advisor Balanced Fund, from SEC Form N-PORT.
- 12-month net flow: $678.4M
- 12-month gross sales (incl. reinvestments): $2.3B
- Sales ÷ redemptions: 1.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Aug 2024 | $195.1M | $170.4M | $24.8M |
| Jul 2024 | $220.9M | $144.4M | $76.4M |
| Jun 2024 | $176.8M | $131.2M | $45.6M |
| May 2024 | $172.6M | $135.8M | $36.8M |
| Apr 2024 | $228.4M | $158.9M | $69.4M |
| Mar 2024 | $198.3M | $134.8M | $63.5M |
| Feb 2024 | $196.1M | $131.2M | $64.9M |
| Jan 2024 | $197.2M | $150.3M | $47.0M |
| Dec 2023 | $246.6M | $148.8M | $97.7M |
| Nov 2023 | $160.0M | $106.8M | $53.2M |
| Oct 2023 | $176.3M | $112.3M | $64.1M |
| Sep 2023 | $150.9M | $115.8M | $35.1M |
FZAAX Assets Under Management
Net assets of Fidelity Advisor Balanced Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-08-31 | $8.95B |
| 2024-05-31 | $8.39B |
| 2024-02-29 | $8.02B |
| 2023-11-30 | $7.21B |
| 2023-08-31 | $6.98B |
| 2023-05-31 | $6.45B |
| 2023-02-28 | $6.11B |
| 2022-11-30 | $6.25B |
| 2022-08-31 | $6.38B |
| 2022-05-31 | $6.73B |
| 2022-02-28 | $7.30B |
| 2021-11-30 | $7.40B |
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.